Shengda Mining (China) Price on November 27, 2024
| 000603 Stock | 12.76 0.17 1.35% |
Below is the normalized historical share price chart for Shengda Mining Co extending back to August 23, 1996. 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 Shengda Mining stands at 12.76, as last reported on the 29th of November, with the highest price reaching 12.85 and the lowest price hitting 12.50 during the day.
If you're considering investing in Shengda Stock, it is important to understand the factors that can impact its price. Shengda Mining appears to be somewhat reliable, given 3 months investment horizon. Shengda Mining owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shengda Mining Co, which you can use to evaluate the volatility of the company. Please review Shengda Mining's Risk Adjusted Performance of 0.0665, coefficient of variation of 1296.22, and Semi Deviation of 2.41 to confirm if our risk estimates are consistent with your expectations.
At present, Shengda Mining's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 6.9 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 382.8 M. . Shengda Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of August 1996 | 200 Day MA 12.0523 | 50 Day MA 12.867 | Beta 1.197 |
Shengda |
Sharpe Ratio = 0.1556
| Best Portfolio | Best Equity | |||
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| Small Returns | 000603 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Shengda Mining is performing at about 12% 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 Shengda Mining by adding it to a well-diversified portfolio.
Price Book 2.6575 | Enterprise Value Ebitda 20.4 | Price Sales 4.0846 | Shares Float 325.3 M | Dividend Share 0.075 |
Shengda Mining Valuation on November 27, 2024
It is possible to determine the worth of Shengda Mining on a given historical date. On November 27, 2024 Shengda was worth 12.6 at the beginning of the trading date compared to the closed value of 12.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shengda Mining stock. Still, in general, we apply an absolute valuation method to find Shengda Mining'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 Shengda Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shengda Mining's related companies.
| Open | High | Low | Close | Volume | |
| 12.71 | 12.98 | 12.60 | 12.66 | 7,103,384 | |
11/27/2024 | 12.60 | 12.83 | 12.29 | 12.80 | 7,289,005 |
| 12.75 | 12.85 | 12.58 | 12.59 | 6,541,500 |
| Backtest Shengda Mining | | | Shengda Mining History | | | Shengda Mining Valuation | Previous | Next |
Shengda Mining Trading Date Momentum on November 27, 2024
| On November 28 2024 Shengda Mining Co was traded for 12.59 at the closing time. The highest price during the trading period was 12.85 and the lowest recorded bid was listed for 12.58 . The volume for the day was 6.5 M. This history from November 28, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.64% . The trading price change to the current price is 1.64% . |
Shengda Mining Fundamentals Correlations and Trends
By evaluating Shengda Mining'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 Shengda Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shengda financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shengda Mining Stock history
Shengda Mining 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 Shengda is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shengda Mining 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 Shengda Mining stock prices may prove useful in developing a viable investing in Shengda Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 704.7 M | 382.8 M | |
| Net Income Applicable To Common Shares | 419.3 M | 243.3 M |
Shengda Mining Stock Technical Analysis
Shengda Mining 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
Shengda Mining Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Shengda Mining Co 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.
Shengda Mining November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Shengda Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shengda Mining shares will generate the highest return on investment. By undertsting and applying Shengda Mining stock market strength indicators, traders can identify Shengda Mining Co entry and exit signals to maximize returns
Shengda Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shengda Mining's price direction in advance. Along with the technical and fundamental analysis of Shengda Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shengda 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 | 0.0665 | |||
| Jensen Alpha | 0.2771 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0317 | |||
| Treynor Ratio | (0.38) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shengda Stock analysis
When running Shengda Mining's price analysis, check to measure Shengda Mining'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 Shengda Mining is operating at the current time. Most of Shengda Mining's value examination focuses on studying past and present price action to predict the probability of Shengda Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shengda Mining's price. Additionally, you may evaluate how the addition of Shengda Mining to your portfolios can decrease your overall portfolio volatility.
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