Shanrong Biotechnology Corp Stock Price on December 20, 2023

SRBT Stock  USD 0.1  0.00  0.00%   
If you're considering investing in Shanrong Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Shanrong Biotechnology stands at 0.1, as last reported on the 9th of January, with the highest price reaching 0.1 and the lowest price hitting 0.1 during the day. Shanrong Biotechnology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. Shanrong Biotechnology Corp exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shanrong Biotechnology's Risk Adjusted Performance of (0.14), variance of 88.6, and Coefficient Of Variation of (539.08) to confirm the risk estimate we provide.
  
Shanrong Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1931

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Estimated Market Risk

 9.78
  actual daily
87
87% of assets are less volatile

Expected Return

 -1.89
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.19
  actual daily
0
Most of other assets perform better
Based on monthly moving average Shanrong Biotechnology 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 Shanrong Biotechnology by adding Shanrong Biotechnology to a well-diversified portfolio.

Shanrong Biotechnology Valuation on December 20, 2023

It is possible to determine the worth of Shanrong Biotechnology on a given historical date. On December 20, 2023 Shanrong was worth 0.3 at the beginning of the trading date compared to the closed value of 0.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanrong Biotechnology pink sheet. Still, in general, we apply an absolute valuation method to find Shanrong Biotechnology'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 Shanrong Biotechnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanrong Biotechnology's related companies.
 Open High Low Close Volume
  0.30    0.30    0.30    0.30    1.00  
12/20/2023
  0.30    0.30    0.30    0.30    1.00  
  0.30    0.30    0.30    0.30    1.00  
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Open Value
0.3
0.3
Closing Value
29.65
Upside

Shanrong Biotechnology Trading Date Momentum on December 20, 2023

On December 21 2023 Shanrong Biotechnology Corp was traded for  0.30  at the closing time. The top price for the day was 0.30  and the lowest listed price was  0.30 . There was no trading activity during the period 1.0. Lack of trading volume on December 21, 2023 did not result in any price rise and fall. The trading price change against the current closing price is 33.33% .

Shanrong Biotechnology Fundamentals Correlations and Trends

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

About Shanrong Biotechnology Pink Sheet history

Shanrong Biotechnology 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 Shanrong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanrong Biotechnology 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 Shanrong Biotechnology stock prices may prove useful in developing a viable investing in Shanrong Biotechnology
Shanrong Biotechnology Corp. operates as a project management and executive consulting company. Shanrong Biotechnology Corp. is based in Beverly Hills, California. Shanrong Biotechnology operates under Shell Companies classification in the United States and is traded on OTC Exchange.

Shanrong Biotechnology Pink Sheet Technical Analysis

Shanrong Biotechnology technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Shanrong Biotechnology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shanrong Biotechnology 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

Shanrong Biotechnology Period Price Range

Low
January 9, 2025
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High

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 0.00 

Shanrong Biotechnology Corp cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

Shanrong Biotechnology January 9, 2025 Market Strength

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

Shanrong Biotechnology Technical and Predictive Indicators

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

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