Sinosteel Luonai (China) Price History

688119 Stock   4.25  0.11  2.52%   
If you're considering investing in Sinosteel Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sinosteel Luonai stands at 4.25, as last reported on the 4th of December, with the highest price reaching 4.36 and the lowest price hitting 4.24 during the day. Sinosteel Luonai appears to be unstable, given 3 months investment horizon. Sinosteel Luonai Mat 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. By inspecting Sinosteel Luonai's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please review Sinosteel Luonai's Semi Deviation of 2.65, coefficient of variation of 627.23, and Risk Adjusted Performance of 0.1295 to confirm if our risk estimates are consistent with your expectations.
  
As of December 4, 2024, Total Stockholder Equity is expected to decline to about 2.7 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 1.1 B. Sinosteel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1842

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Estimated Market Risk

 3.79
  actual daily
33
67% of assets are more volatile

Expected Return

 0.7
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Sinosteel Luonai 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 Sinosteel Luonai by adding it to a well-diversified portfolio.
Price Book
1.6129
Enterprise Value Ebitda
201.5778
Price Sales
2.1055
Shares Float
321.9 M
Dividend Share
0.032

Sinosteel Luonai Stock Price History Chart

There are several ways to analyze Sinosteel Stock price data. The simplest method is using a basic Sinosteel candlestick price chart, which shows Sinosteel Luonai price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 11, 20244.65
Lowest PriceSeptember 18, 20242.94

Sinosteel Luonai December 4, 2024 Stock Price Synopsis

Various analyses of Sinosteel Luonai's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Sinosteel Stock. It can be used to describe the percentage change in the price of Sinosteel Luonai from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Sinosteel Stock.
Sinosteel Luonai Price Action Indicator(0.11)
Sinosteel Luonai Price Daily Balance Of Power(0.92)
Sinosteel Luonai Price Rate Of Daily Change 0.97 
Sinosteel Luonai Accumulation Distribution 172,959 

Sinosteel Luonai December 4, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Sinosteel Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Sinosteel Luonai intraday prices and daily technical indicators to check the level of noise trading in Sinosteel Stock and then apply it to test your longer-term investment strategies against Sinosteel.

Sinosteel Stock Price History Data

The price series of Sinosteel Luonai for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 has a statistical range of 1.71 with a coefficient of variation of 14.68. The prices are distributed with arithmetic mean of 3.72. The median price for the last 90 days is 3.9. The company issued dividends on 2024-05-31.
OpenHighLowCloseVolume
12/04/2024 4.36  4.36  4.24  4.25  6,284,165 
12/03/2024 4.36  4.38  4.31  4.36  5,434,330 
12/02/2024 4.28  4.37  4.26  4.36  7,690,895 
11/29/2024 4.23  4.29  4.19  4.25  6,879,474 
11/28/2024 4.21  4.28  4.18  4.20  6,059,441 
11/27/2024 4.15  4.19  4.04  4.18  6,471,569 
11/26/2024 4.20  4.25  4.13  4.14  6,462,484 
11/25/2024 4.19  4.25  4.14  4.20  4,871,484 
11/22/2024 4.26  4.37  4.15  4.16  9,629,542 
11/21/2024 4.27  4.32  4.21  4.26  5,388,475 
11/20/2024 4.20  4.29  4.20  4.27  6,471,828 
11/19/2024 4.15  4.23  4.11  4.22  6,555,749 
11/18/2024 4.17  4.26  4.10  4.17  8,380,270 
11/15/2024 4.26  4.33  4.16  4.17  9,945,492 
11/14/2024 4.38  4.42  4.24  4.25  9,726,980 
11/13/2024 4.42  4.58  4.32  4.40  12,428,918 
11/12/2024 4.64  4.67  4.40  4.43  18,655,348 
11/11/2024 4.42  4.68  4.41  4.65  16,792,829 
11/08/2024 4.48  4.61  4.38  4.46  18,036,186 
11/07/2024 4.28  4.45  4.27  4.43  14,449,187 
11/06/2024 4.30  4.46  4.26  4.31  16,439,197 
11/05/2024 4.08  4.32  4.06  4.30  16,816,426 
11/04/2024 4.03  4.16  3.99  4.09  11,358,155 
11/01/2024 4.15  4.34  4.06  4.10  15,934,141 
10/31/2024 4.20  4.37  4.13  4.24  20,507,498 
10/30/2024 3.94  4.26  3.92  4.08  11,603,654 
10/29/2024 4.08  4.11  3.95  3.95  8,545,937 
10/28/2024 3.99  4.08  3.97  4.08  9,668,405 
10/25/2024 3.92  3.98  3.86  3.97  8,495,000 
10/24/2024 3.92  3.92  3.83  3.86  3,932,603 
10/23/2024 3.89  3.96  3.89  3.92  7,152,105 
10/22/2024 3.99  3.99  3.87  3.90  7,067,105 
10/21/2024 3.90  4.01  3.88  3.93  11,011,906 
10/18/2024 3.75  3.94  3.67  3.87  9,937,581 
10/17/2024 3.79  3.84  3.73  3.73  4,734,536 
10/16/2024 3.80  3.85  3.75  3.79  5,099,079 
10/15/2024 3.88  3.92  3.80  3.82  6,653,540 
10/14/2024 3.80  3.89  3.76  3.85  7,454,736 
10/11/2024 3.99  4.00  3.75  3.82  18,204,373 
10/10/2024 3.85  4.57  3.78  4.19  32,998,592 
10/09/2024 4.15  4.18  3.82  3.82  15,941,890 
10/08/2024 4.54  4.59  4.04  4.27  29,815,251 
09/30/2024 3.57  3.91  3.47  3.91  26,818,879 
09/27/2024 3.31  3.43  3.30  3.42  8,808,063 
09/26/2024 3.19  3.30  3.17  3.29  5,778,512 
09/25/2024 3.12  3.24  3.12  3.19  7,655,232 
09/24/2024 3.00  3.18  2.98  3.10  6,067,805 
09/23/2024 2.99  2.99  2.97  2.98  830,453 
09/20/2024 3.00  3.00  2.96  2.99  1,165,002 
09/19/2024 2.95  3.02  2.94  3.00  2,176,329 
09/18/2024 2.98  2.99  2.91  2.94  1,344,631 
09/13/2024 2.98  3.00  2.96  2.98  1,556,611 
09/12/2024 2.97  3.00  2.97  2.98  830,951 
09/11/2024 2.96  3.00  2.95  2.97  653,211 
09/10/2024 2.98  3.00  2.94  2.98  1,042,898 
09/09/2024 2.95  3.00  2.94  2.98  2,102,767 
09/06/2024 3.02  3.05  2.97  2.98  2,465,151 
09/05/2024 3.04  3.07  3.04  3.05  1,063,205 
09/04/2024 3.06  3.06  3.02  3.03  1,360,847 
09/03/2024 3.05  3.08  3.03  3.06  1,604,703 
09/02/2024 3.10  3.12  3.04  3.05  1,854,278 

About Sinosteel Luonai Stock history

Sinosteel Luonai 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 Sinosteel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinosteel Luonai Mat 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 Sinosteel Luonai stock prices may prove useful in developing a viable investing in Sinosteel Luonai
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.3 B1.1 B

Sinosteel Luonai Quarterly Net Working Capital

2.34 Billion

Sinosteel Luonai Stock Technical Analysis

Sinosteel Luonai 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 Sinosteel Luonai technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sinosteel Luonai 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...

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Sinosteel Luonai Technical and Predictive Indicators

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

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