Sinopec Shanghai (Germany) Price on December 6, 2024
| SGJH Stock | EUR 0.14 0.01 7.69% |
If you're considering investing in Sinopec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sinopec Shanghai stands at 0.14, as last reported on the 15th of December 2024, with the highest price reaching 0.14 and the lowest price hitting 0.14 during the day. Sinopec Shanghai appears to be out of control, given 3 months investment horizon. Sinopec Shanghai Pet owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0914, which indicates the firm had a 0.0914% return per unit of risk over the last 3 months. By inspecting Sinopec Shanghai's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please review Sinopec Shanghai's Risk Adjusted Performance of 0.075, coefficient of variation of 1094.25, and Semi Deviation of 3.71 to confirm if our risk estimates are consistent with your expectations.
Sinopec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sinopec |
Sharpe Ratio = 0.0914
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Estimated Market Risk
| 5.76 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Sinopec Shanghai is performing at about 7% 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 Sinopec Shanghai by adding it to a well-diversified portfolio.
Sinopec Shanghai Valuation on December 6, 2024
It is possible to determine the worth of Sinopec Shanghai on a given historical date. On December 6, 2024 Sinopec was worth 0.13 at the beginning of the trading date compared to the closed value of 0.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinopec Shanghai stock. Still, in general, we apply an absolute valuation method to find Sinopec Shanghai'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 Sinopec Shanghai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinopec Shanghai's related companies.
| Open | High | Low | Close | Volume | |
| 0.13 | 0.13 | 0.13 | 0.13 | 10,000 | |
12/06/2024 | 0.13 | 0.13 | 0.13 | 0.13 | 10,000 |
| 0.14 | 0.14 | 0.14 | 0.14 | 10,000 |
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Sinopec Shanghai Trading Date Momentum on December 6, 2024
| On December 09 2024 Sinopec Shanghai Petrochemical was traded for 0.14 at the closing time. The maximum traded price for the trading interval was 0.14 and the lowest daily price was 0.14 . The daily volume was recorded at 10 K. The volume of trading on 9th of December 2024 played a part in the next trading day price rise. The trading price change to the next closing price was 7.69% . The trading price change to the closing price today is 7.69% . |
Sinopec Shanghai Pet Fundamentals Correlations and Trends
By evaluating Sinopec Shanghai'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 Sinopec Shanghai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sinopec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sinopec Shanghai Stock history
Sinopec Shanghai 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 Sinopec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinopec Shanghai Pet 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 Sinopec Shanghai stock prices may prove useful in developing a viable investing in Sinopec Shanghai
Sinopec Shanghai Petrochemical Company Limited, together with its subsidiaries, manufactures and sells petrochemical products in the Peoples Republic of China. Sinopec Shanghai Petrochemical Company Limited is a subsidiary of China Petroleum Chemical Corporation. Sinopec Shanghai operates under Oil Gas Refining Marketing classification in Germany and is traded on Frankfurt Stock Exchange. It employs 9597 people.
Sinopec Shanghai Stock Technical Analysis
Sinopec Shanghai 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
Sinopec Shanghai Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Sinopec Shanghai Petrochemical cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Sinopec Shanghai December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Sinopec Shanghai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinopec Shanghai shares will generate the highest return on investment. By undertsting and applying Sinopec Shanghai stock market strength indicators, traders can identify Sinopec Shanghai Petrochemical entry and exit signals to maximize returns
Sinopec Shanghai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sinopec Shanghai's price direction in advance. Along with the technical and fundamental analysis of Sinopec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sinopec 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 | 0.075 | |||
| Jensen Alpha | 0.4351 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0402 | |||
| Treynor Ratio | 0.5746 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sinopec Stock analysis
When running Sinopec Shanghai's price analysis, check to measure Sinopec Shanghai'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 Sinopec Shanghai is operating at the current time. Most of Sinopec Shanghai's value examination focuses on studying past and present price action to predict the probability of Sinopec Shanghai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinopec Shanghai's price. Additionally, you may evaluate how the addition of Sinopec Shanghai to your portfolios can decrease your overall portfolio volatility.
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