Shenzhen Agricultural (China) Price on December 2, 2024

000061 Stock   7.73  0.22  2.77%   
Below is the normalized historical share price chart for Shenzhen Agricultural Products extending back to January 10, 1997. 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 Agricultural stands at 7.73, as last reported on the 13th of December 2024, with the highest price reaching 7.95 and the lowest price hitting 7.73 during the day.
IPO Date
26th of December 1996
200 Day MA
5.8815
50 Day MA
6.8544
Beta
0.356
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. Shenzhen Agricultural appears to be somewhat reliable, given 3 months investment horizon. Shenzhen Agricultural owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.27, which indicates the firm had a 0.27% return per unit of risk over the last 3 months. By inspecting Shenzhen Agricultural's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please review Shenzhen Agricultural's Coefficient Of Variation of 358.87, semi deviation of 1.48, and Risk Adjusted Performance of 0.2092 to confirm if our risk estimates are consistent with your expectations.
  
As of December 13, 2024, Total Stockholder Equity is expected to decline to about 3.8 B. In addition to that, Common Stock is expected to decline to about 1.1 B. Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2727

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Estimated Market Risk

 2.42
  actual daily
21
79% of assets are more volatile

Expected Return

 0.66
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.27
  actual daily
21
79% of assets perform better
Based on monthly moving average Shenzhen Agricultural is performing at about 21% 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 Agricultural by adding it to a well-diversified portfolio.
Price Book
2.1623
Enterprise Value Ebitda
18.0295
Price Sales
2.5739
Shares Float
544.6 M
Dividend Share
0.11

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Shenzhen Agricultural Valuation on December 2, 2024

It is possible to determine the worth of Shenzhen Agricultural on a given historical date. On December 2, 2024 Shenzhen was worth 7.88 at the beginning of the trading date compared to the closed value of 7.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen Agricultural stock. Still, in general, we apply an absolute valuation method to find Shenzhen Agricultural'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 Agricultural where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen Agricultural's related companies.
 Open High Low Close Volume
  7.51    7.93    7.46    7.73    22,228,041  
12/02/2024
  7.88    8.03    7.74    7.83    21,051,786  
  7.81    7.88    7.64    7.68    16,483,826  
Backtest Shenzhen Agricultural  |  Shenzhen Agricultural History  |  Shenzhen Agricultural Valuation   PreviousNext  
Open Value
7.88
7.83
Closing Value
15.13
Upside

Shenzhen Agricultural Trading Date Momentum on December 2, 2024

On December 03 2024 Shenzhen Agricultural Products was traded for  7.68  at the closing time. The highest price during the trading period was 7.88  and the lowest recorded bid was listed for  7.64 . The volume for the day was 16.5 M. This history from December 3, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.92% . The trading price change to the current price is 0.77% .

Shenzhen Agricultural Fundamentals Correlations and Trends

By evaluating Shenzhen Agricultural'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 Agricultural'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 Agricultural Stock history

Shenzhen Agricultural 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 Agricultural 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 Agricultural stock prices may prove useful in developing a viable investing in Shenzhen Agricultural
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.5 B1.4 B
Net Income Applicable To Common Shares229.6 M137.2 M

Shenzhen Agricultural Stock Technical Analysis

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

Shenzhen Agricultural Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shenzhen Agricultural Products 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 Agricultural December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Shenzhen Agricultural 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 Agricultural shares will generate the highest return on investment. By undertsting and applying Shenzhen Agricultural stock market strength indicators, traders can identify Shenzhen Agricultural Products entry and exit signals to maximize returns

Shenzhen Agricultural Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shenzhen Agricultural'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.

Complementary Tools for Shenzhen Stock analysis

When running Shenzhen Agricultural's price analysis, check to measure Shenzhen Agricultural'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 Agricultural is operating at the current time. Most of Shenzhen Agricultural's value examination focuses on studying past and present price action to predict the probability of Shenzhen Agricultural'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 Agricultural's price. Additionally, you may evaluate how the addition of Shenzhen Agricultural to your portfolios can decrease your overall portfolio volatility.
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