Senmiao Technology Stock Price on October 17, 2024

AIHS Stock  USD 0.90  0  0.27%   
Below is the normalized historical share price chart for Senmiao Technology extending back to March 16, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Senmiao Technology stands at 0.90, as last reported on the 23rd of December, with the highest price reaching 0.91 and the lowest price hitting 0.90 during the day.
 
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If you're considering investing in Senmiao Stock, it is important to understand the factors that can impact its price. Senmiao Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Senmiao Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Senmiao Technology's Variance of 12.87, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,168) to confirm the risk estimate we provide.
  
Senmiao Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1117

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Estimated Market Risk

 3.54
  actual daily
31
69% of assets are more volatile

Expected Return

 -0.4
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Senmiao Technology is not performing at its full potential. However, 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 Senmiao Technology by adding Senmiao Technology to a well-diversified portfolio.

Senmiao Technology Valuation on October 17, 2024

It is possible to determine the worth of Senmiao Technology on a given historical date. On October 17, 2024 Senmiao was worth 0.9 at the beginning of the trading date compared to the closed value of 0.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Senmiao Technology stock. Still, in general, we apply an absolute valuation method to find Senmiao Technology'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 Senmiao Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Senmiao Technology's related companies.
 Open High Low Close Volume
  0.91    0.94    0.90    0.90    2,416  
10/17/2024
  0.90    0.90    0.83    0.87    15,709  
  0.85    0.99    0.83    0.88    48,305  
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Open Value
0.9
0.87
Closing Value
11.53
Upside

Senmiao Technology Trading Date Momentum on October 17, 2024

On October 18 2024 Senmiao Technology was traded for  0.88  at the closing time. The top price for the day was 0.99  and the lowest listed price was  0.83 . The trading volume for the day was 48.3 K. The trading history from October 18, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 1.15% . The trading price change against the current closing price is 4.60% .

Senmiao Technology Fundamentals Correlations and Trends

By evaluating Senmiao Technology'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 Senmiao Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Senmiao financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Senmiao Technology Stock history

Senmiao Technology 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 Senmiao is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Senmiao Technology 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 Senmiao Technology stock prices may prove useful in developing a viable investing in Senmiao Technology
Senmiao Technology Limited engages in the automobile transaction and related services business in the Peoples Republic of China. The company was founded in 2014 and is headquartered in Chengdu, the Peoples Republic of China. Senmiao Technology operates under Credit Services classification in the United States and is traded on NASDAQ Exchange. It employs 151 people.

Senmiao Technology Stock Technical Analysis

Senmiao Technology 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.
A focus of Senmiao Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Senmiao Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Senmiao Technology Period Price Range

Low
December 23, 2024
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Senmiao Technology cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Senmiao Technology December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Senmiao Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Senmiao Technology shares will generate the highest return on investment. By undertsting and applying Senmiao Technology stock market strength indicators, traders can identify Senmiao Technology entry and exit signals to maximize returns

Senmiao Technology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Senmiao Technology's price direction in advance. Along with the technical and fundamental analysis of Senmiao Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Senmiao 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.

Additional Tools for Senmiao Stock Analysis

When running Senmiao Technology's price analysis, check to measure Senmiao Technology'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 Senmiao Technology is operating at the current time. Most of Senmiao Technology's value examination focuses on studying past and present price action to predict the probability of Senmiao Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Senmiao Technology's price. Additionally, you may evaluate how the addition of Senmiao Technology to your portfolios can decrease your overall portfolio volatility.