Shenzhen Zhenye (China) Price on November 27, 2024
| 000006 Stock | 8.02 0.28 3.62% |
Below is the normalized historical share price chart for Shenzhen Zhenye Group extending back to April 27, 1992. 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 Shenzhen Zhenye stands at 8.02, as last reported on the 29th of December, with the highest price reaching 8.11 and the lowest price hitting 7.70 during the day.
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. Shenzhen Zhenye appears to be moderately volatile, given 3 months investment horizon. Shenzhen Zhenye Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Shenzhen Zhenye's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please review Shenzhen Zhenye's Semi Deviation of 4.35, coefficient of variation of 527.28, and Risk Adjusted Performance of 0.1598 to confirm if our risk estimates are consistent with your expectations.
As of December 29, 2024, Total Stockholder Equity is expected to decline to about 4 B. In addition to that, Common Stock is expected to decline to about 911.4 M. Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of August 1989 | 200 Day MA 5.1429 | 50 Day MA 8.651 | Beta 0.964 |
Shenzhen |
Sharpe Ratio = 0.1342
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| Small Returns | 000006 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.54 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Shenzhen Zhenye is performing at about 10% 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 Shenzhen Zhenye by adding it to a well-diversified portfolio.
Price Book 1.679 | Enterprise Value Ebitda 22.1965 | Price Sales 1.5901 | Shares Float 843.3 M | Wall Street Target Price 11.4 |
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Shenzhen Zhenye Valuation on November 27, 2024
It is possible to determine the worth of Shenzhen Zhenye on a given historical date. On November 27, 2024 Shenzhen was worth 8.05 at the beginning of the trading date compared to the closed value of 8.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen Zhenye stock. Still, in general, we apply an absolute valuation method to find Shenzhen Zhenye'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 Shenzhen Zhenye where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen Zhenye's related companies.
| Open | High | Low | Close | Volume | |
| 7.81 | 8.34 | 7.81 | 8.09 | 53,203,316 | |
11/27/2024 | 8.05 | 8.05 | 7.74 | 8.04 | 38,046,912 |
| 8.57 | 8.84 | 8.38 | 8.84 | 67,735,553 |
| Backtest Shenzhen Zhenye | | | Shenzhen Zhenye History | | | Shenzhen Zhenye Valuation | Previous | Next |
Shenzhen Zhenye Trading Date Momentum on November 27, 2024
| On November 28 2024 Shenzhen Zhenye Group was traded for 8.84 at the closing time. The highest price during the trading period was 8.84 and the lowest recorded bid was listed for 8.38 . The volume for the day was 67.7 M. This history from November 28, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 9.95% . The trading price change to the current price is 16.92% . |
Shenzhen Zhenye Group Fundamentals Correlations and Trends
By evaluating Shenzhen Zhenye'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 Shenzhen Zhenye's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shenzhen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shenzhen Zhenye Stock history
Shenzhen Zhenye 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 Shenzhen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenzhen Zhenye Group 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 Shenzhen Zhenye stock prices may prove useful in developing a viable investing in Shenzhen Zhenye
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.2 B | 1.1 B | |
| Net Income Applicable To Common Shares | 622.9 M | 574.6 M |
Shenzhen Zhenye Quarterly Net Working Capital |
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Shenzhen Zhenye Stock Technical Analysis
Shenzhen Zhenye 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
Shenzhen Zhenye Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Shenzhen Zhenye Group cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen 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.
Shenzhen Zhenye December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen Zhenye stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenzhen Zhenye shares will generate the highest return on investment. By undertsting and applying Shenzhen Zhenye stock market strength indicators, traders can identify Shenzhen Zhenye Group entry and exit signals to maximize returns
Shenzhen Zhenye Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen Zhenye's price direction in advance. Along with the technical and fundamental analysis of Shenzhen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shenzhen 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 | 0.1598 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | 0.8939 | |||
| Sortino Ratio | 0.1992 | |||
| Treynor Ratio | 1.64 |
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shenzhen Stock analysis
When running Shenzhen Zhenye's price analysis, check to measure Shenzhen Zhenye'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 Shenzhen Zhenye is operating at the current time. Most of Shenzhen Zhenye's value examination focuses on studying past and present price action to predict the probability of Shenzhen Zhenye's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenzhen Zhenye's price. Additionally, you may evaluate how the addition of Shenzhen Zhenye to your portfolios can decrease your overall portfolio volatility.
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