Shanghai Suochen (China) Price on November 5, 2024
| 688507 Stock | 67.20 1.86 2.69% |
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shanghai Suochen stands at 67.20, as last reported on the 15th of December 2024, with the highest price reaching 68.93 and the lowest price hitting 67.00 during the day. Shanghai Suochen is not too volatile given 3 months investment horizon. Shanghai Suochen Inf owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Shanghai Suochen Inf Semi Deviation of 3.42, risk adjusted performance of 0.1161, and Coefficient Of Variation of 674.96 to evaluate company specific risk that cannot be diversified away.
Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shanghai |
Sharpe Ratio = 0.1805
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688507 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.64 actual daily | 50 50% of assets are less volatile |
Expected Return
| 1.02 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Shanghai Suochen is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Shanghai Suochen by adding it to a well-diversified portfolio.
Price Book 2.1769 | Enterprise Value Ebitda 269.3716 | Price Sales 17.3516 | Shares Float 45.2 M | Dividend Share 0.324 |
Shanghai Suochen Valuation on November 5, 2024
It is possible to determine the worth of Shanghai Suochen on a given historical date. On November 5, 2024 Shanghai was worth 58.69 at the beginning of the trading date compared to the closed value of 65.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Suochen stock. Still, in general, we apply an absolute valuation method to find Shanghai Suochen's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Shanghai Suochen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Suochen's related companies.
| Open | High | Low | Close | Volume | |
| 56.85 | 59.90 | 56.50 | 58.66 | 790,775 | |
11/05/2024 | 58.69 | 66.27 | 57.50 | 65.95 | 2,624,136 |
| 69.00 | 79.14 | 69.00 | 79.14 | 5,601,808 |
| Backtest Shanghai Suochen | | | Shanghai Suochen History | | | Shanghai Suochen Valuation | Previous | Next |
Shanghai Suochen Trading Date Momentum on November 5, 2024
| On November 06 2024 Shanghai Suochen Information was traded for 79.14 at the closing time. The highest price during the trading period was 79.14 and the lowest recorded bid was listed for 69.00 . The volume for the day was 5.6 M. This history from November 6, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 20.00% . The trading price change to the current price is 5.08% . |
Shanghai Suochen Inf Fundamentals Correlations and Trends
By evaluating Shanghai Suochen's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shanghai Suochen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shanghai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shanghai Suochen Stock history
Shanghai Suochen investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Shanghai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanghai Suochen Inf will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Shanghai Suochen stock prices may prove useful in developing a viable investing in Shanghai Suochen
Shanghai Suochen Stock Technical Analysis
Shanghai Suochen technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Shanghai Suochen Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Shanghai Suochen Information cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Shanghai Suochen December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanghai Suochen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanghai Suochen shares will generate the highest return on investment. By undertsting and applying Shanghai Suochen stock market strength indicators, traders can identify Shanghai Suochen Information entry and exit signals to maximize returns
Shanghai Suochen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Suochen's price direction in advance. Along with the technical and fundamental analysis of Shanghai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shanghai to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1161 | |||
| Jensen Alpha | 0.8329 | |||
| Total Risk Alpha | 0.1193 | |||
| Sortino Ratio | 0.1764 | |||
| Treynor Ratio | (1.74) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shanghai Stock analysis
When running Shanghai Suochen's price analysis, check to measure Shanghai Suochen's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shanghai Suochen is operating at the current time. Most of Shanghai Suochen's value examination focuses on studying past and present price action to predict the probability of Shanghai Suochen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai Suochen's price. Additionally, you may evaluate how the addition of Shanghai Suochen to your portfolios can decrease your overall portfolio volatility.
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