Beijing Shunxin (China) Price on April 17, 2024

000860 Stock   20.33  0.65  3.10%   
Below is the normalized historical share price chart for Beijing Shunxin Agriculture extending back to April 21, 2000. 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 Beijing Shunxin stands at 20.33, as last reported on the 15th of December 2024, with the highest price reaching 20.67 and the lowest price hitting 20.28 during the day.
IPO Date
4th of November 1998
200 Day MA
17.8089
50 Day MA
18.9354
Beta
0.845
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Beijing Stock, it is important to understand the factors that can impact its price. Beijing Shunxin appears to be not too volatile, given 3 months investment horizon. Beijing Shunxin Agri secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. By analyzing Beijing Shunxin's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please makes use of Beijing Shunxin's Mean Deviation of 2.41, risk adjusted performance of 0.1235, and Downside Deviation of 3.06 to double-check if our risk estimates are consistent with your expectations.
  
As of December 15, 2024, Total Stockholder Equity is expected to decline to about 3.7 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 674 M. Beijing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1908

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Estimated Market Risk

 3.57
  actual daily
31
69% of assets are more volatile

Expected Return

 0.68
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
15
85% of assets perform better
Based on monthly moving average Beijing Shunxin is performing at about 15% 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 Beijing Shunxin by adding it to a well-diversified portfolio.
Price Book
2.1048
Enterprise Value Ebitda
17.8894
Price Sales
1.6568
Shares Float
457.3 M
Wall Street Target Price
20.64

Beijing Shunxin Valuation on April 17, 2024

It is possible to determine the worth of Beijing Shunxin on a given historical date. On April 17, 2024 Beijing was worth 15.67 at the beginning of the trading date compared to the closed value of 15.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beijing Shunxin stock. Still, in general, we apply an absolute valuation method to find Beijing Shunxin'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 Beijing Shunxin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beijing Shunxin's related companies.
 Open High Low Close Volume
  16.28    16.38    15.59    15.63    12,282,680  
04/17/2024
  15.67    16.10    15.67    15.95    10,745,410  
  15.83    16.23    15.63    16.02    10,221,070  
Backtest Beijing Shunxin  |  Beijing Shunxin History  |  Beijing Shunxin Valuation   PreviousNext  
Open Value
15.67
15.95
Closing Value
26.38
Upside

Beijing Shunxin Trading Date Momentum on April 17, 2024

On April 18 2024 Beijing Shunxin Agriculture was traded for  16.02  at the closing time. The highest price during the trading period was 16.23  and the lowest recorded bid was listed for  15.63 . The volume for the day was 10.2 M. This history from April 18, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.44% . The overall trading delta to the current price is 14.42% .

Beijing Shunxin Agri Fundamentals Correlations and Trends

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

About Beijing Shunxin Stock history

Beijing Shunxin 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 Beijing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beijing Shunxin Agri 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 Beijing Shunxin stock prices may prove useful in developing a viable investing in Beijing Shunxin
Last ReportedProjected for Next Year
Common Stock Shares Outstanding853 M674 M
Net Loss-774.2 M-735.5 M

Beijing Shunxin Quarterly Net Working Capital

3.66 Billion

Beijing Shunxin Stock Technical Analysis

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

Beijing Shunxin Period Price Range

Low
December 15, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Beijing Shunxin Agriculture 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.

Beijing Shunxin December 15, 2024 Market Strength

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

Beijing Shunxin Technical and Predictive Indicators

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

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