Shandong Longquan (China) Price on September 30, 2024
| 002671 Stock | 4.77 0.10 2.14% |
Below is the normalized historical share price chart for Shandong Longquan Pipeline extending back to April 26, 2012. 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 Shandong Longquan stands at 4.77, as last reported on the 29th of November, with the highest price reaching 4.86 and the lowest price hitting 4.67 during the day.
If you're considering investing in Shandong Stock, it is important to understand the factors that can impact its price. Shandong Longquan appears to be relatively risky, given 3 months investment horizon. Shandong Longquan owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. By inspecting Shandong Longquan's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please review Shandong Longquan's Risk Adjusted Performance of 0.1419, semi deviation of 2.41, and Coefficient Of Variation of 570.3 to confirm if our risk estimates are consistent with your expectations.
At present, Shandong Longquan's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 588.4 M, whereas Total Stockholder Equity is forecasted to decline to about 1.6 B. . Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of April 2012 | 200 Day MA 3.9665 | 50 Day MA 4.1848 | Beta 0.341 |
Shandong |
Sharpe Ratio = 0.1708
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Estimated Market Risk
| 3.29 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Shandong Longquan is performing at about 13% 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 Shandong Longquan by adding it to a well-diversified portfolio.
Price Book 1.6045 | Book Value 3.091 | Enterprise Value 2.8 B | Enterprise Value Ebitda 20.8011 | Price Sales 2.2425 |
Shandong Longquan Main Headline on 30th of September 2024
Shandong Longquan Pipe Industry Co.,Ltd Is Going Strong But ... by news.google.com
Shandong Longquan Pipe Industry Co.,Ltd Is Going Strong But Fundamentals Appear To Be Mixed Is There A Clear Direction For The Stock Simply Wall St
Shandong Longquan Valuation on September 30, 2024
It is possible to determine the worth of Shandong Longquan on a given historical date. On September 30, 2024 Shandong was worth 4.09 at the beginning of the trading date compared to the closed value of 4.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shandong Longquan stock. Still, in general, we apply an absolute valuation method to find Shandong Longquan'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 Shandong Longquan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shandong Longquan's related companies.
| Open | High | Low | Close | Volume | |
| 3.71 | 3.83 | 3.68 | 3.80 | 16,424,700 | |
09/30/2024 | 4.09 | 4.17 | 3.90 | 4.14 | 29,294,905 |
| 4.53 | 4.55 | 4.01 | 4.53 | 59,424,885 |
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Shandong Longquan Trading Date Momentum on September 30, 2024
| On October 08 2024 Shandong Longquan Pipeline was traded for 4.53 at the closing time. The highest price during the trading period was 4.55 and the lowest recorded bid was listed for 4.01 . The volume for the day was 59.4 M. This history from October 8, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 9.42% . The trading price change to the current price is 0.24% . |
Shandong Longquan Fundamentals Correlations and Trends
By evaluating Shandong Longquan'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 Shandong Longquan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shandong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shandong Longquan Stock history
Shandong Longquan 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 Shandong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shandong Longquan 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 Shandong Longquan stock prices may prove useful in developing a viable investing in Shandong Longquan
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 565.5 M | 579.3 M | |
| Net Loss | -576.7 M | -547.8 M |
Shandong Longquan Quarterly Net Working Capital |
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Shandong Longquan Stock Technical Analysis
Shandong Longquan 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
Shandong Longquan Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Shandong Longquan Pipeline 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.
Shandong Longquan November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Shandong Longquan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shandong Longquan shares will generate the highest return on investment. By undertsting and applying Shandong Longquan stock market strength indicators, traders can identify Shandong Longquan Pipeline entry and exit signals to maximize returns
Shandong Longquan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shandong Longquan's price direction in advance. Along with the technical and fundamental analysis of Shandong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shandong 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 | 0.1419 | |||
| Jensen Alpha | 0.5837 | |||
| Total Risk Alpha | 0.0668 | |||
| Sortino Ratio | 0.1386 | |||
| Treynor Ratio | (1.22) |
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Complementary Tools for Shandong Stock analysis
When running Shandong Longquan's price analysis, check to measure Shandong Longquan'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 Shandong Longquan is operating at the current time. Most of Shandong Longquan's value examination focuses on studying past and present price action to predict the probability of Shandong Longquan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shandong Longquan's price. Additionally, you may evaluate how the addition of Shandong Longquan to your portfolios can decrease your overall portfolio volatility.
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