Shanxi Tond (China) Price on May 6, 2024
| 002360 Stock | 5.11 0.19 3.86% |
Below is the normalized historical share price chart for Shanxi Tond Chemical extending back to March 03, 2010. 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 Shanxi Tond stands at 5.11, as last reported on the 29th of December, with the highest price reaching 5.20 and the lowest price hitting 4.92 during the day.
If you're considering investing in Shanxi Stock, it is important to understand the factors that can impact its price. At this point, Shanxi Tond is slightly risky. Shanxi Tond Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0048, which indicates the firm had a 0.0048% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shanxi Tond Chemical, which you can use to evaluate the volatility of the company. Please validate Shanxi Tond's Semi Deviation of 2.38, coefficient of variation of 815.32, and Risk Adjusted Performance of 0.1049 to confirm if the risk estimate we provide is consistent with the expected return of 0.0121%.
As of December 29, 2024, Total Stockholder Equity is expected to decline to about 1.1 B. In addition to that, Common Stock is expected to decline to about 319.8 M. Shanxi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of March 2010 | 200 Day MA 5.246 | 50 Day MA 5.3318 | Beta 0.766 |
Shanxi |
Sharpe Ratio = 0.0048
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 002360 |
Estimated Market Risk
| 2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shanxi Tond is not performing at its full potential. However, 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 Shanxi Tond by adding Shanxi Tond to a well-diversified portfolio.
Price Book 0.9643 | Enterprise Value Ebitda 7.5264 | Price Sales 2.8034 | Shares Float 264.9 M | Dividend Share 0.186 |
Shanxi Tond Valuation on May 6, 2024
It is possible to determine the worth of Shanxi Tond on a given historical date. On May 6, 2024 Shanxi was worth 5.41 at the beginning of the trading date compared to the closed value of 5.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanxi Tond stock. Still, in general, we apply an absolute valuation method to find Shanxi Tond'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 Shanxi Tond where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanxi Tond's related companies.
| Open | High | Low | Close | Volume | |
| 5.45 | 5.49 | 5.35 | 5.37 | 10,198,500 | |
05/06/2024 | 5.41 | 5.77 | 5.40 | 5.71 | 17,244,867 |
| 5.69 | 5.93 | 5.65 | 5.91 | 18,401,838 |
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Shanxi Tond Trading Date Momentum on May 6, 2024
| On May 07 2024 Shanxi Tond Chemical was traded for 5.91 at the closing time. The highest price during the trading period was 5.93 and the lowest recorded bid was listed for 5.65 . The volume for the day was 18.4 M. This history from May 7, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.50% . The trading price change to the current price is 2.28% . |
Shanxi Tond Chemical Fundamentals Correlations and Trends
By evaluating Shanxi Tond'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 Shanxi Tond's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shanxi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shanxi Tond Stock history
Shanxi Tond 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 Shanxi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanxi Tond Chemical 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 Shanxi Tond stock prices may prove useful in developing a viable investing in Shanxi Tond
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 462 M | 435.6 M | |
| Net Income Applicable To Common Shares | 211.6 M | 116.1 M |
Shanxi Tond Stock Technical Analysis
Shanxi Tond 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
Shanxi Tond Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Shanxi Tond Chemical 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.
Shanxi Tond December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanxi Tond stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanxi Tond shares will generate the highest return on investment. By undertsting and applying Shanxi Tond stock market strength indicators, traders can identify Shanxi Tond Chemical entry and exit signals to maximize returns
Shanxi Tond Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanxi Tond's price direction in advance. Along with the technical and fundamental analysis of Shanxi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shanxi 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 | 0.1049 | |||
| Jensen Alpha | 0.3318 | |||
| Total Risk Alpha | 0.2553 | |||
| Sortino Ratio | 0.1108 | |||
| Treynor Ratio | 5.12 |
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Complementary Tools for Shanxi Stock analysis
When running Shanxi Tond's price analysis, check to measure Shanxi Tond'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 Shanxi Tond is operating at the current time. Most of Shanxi Tond's value examination focuses on studying past and present price action to predict the probability of Shanxi Tond's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanxi Tond's price. Additionally, you may evaluate how the addition of Shanxi Tond to your portfolios can decrease your overall portfolio volatility.
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