Sichuan Newsnet (China) Price on September 8, 2023
| 300987 Stock | 16.76 0.28 1.70% |
If you're considering investing in Sichuan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sichuan Newsnet stands at 16.76, as last reported on the 22nd of December, with the highest price reaching 16.95 and the lowest price hitting 16.42 during the day. Sichuan Newsnet appears to be somewhat reliable, given 3 months investment horizon. Sichuan Newsnet Media owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. By inspecting Sichuan Newsnet's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please review Sichuan Newsnet's Coefficient Of Variation of 766.29, semi deviation of 4.25, and Risk Adjusted Performance of 0.1117 to confirm if our risk estimates are consistent with your expectations.
As of December 22, 2024, Total Stockholder Equity is expected to decline to about 759.3 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 171.6 M. Sichuan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sichuan |
Sharpe Ratio = 0.1387
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300987 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.88 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Sichuan Newsnet is performing at about 10% 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 Sichuan Newsnet by adding it to a well-diversified portfolio.
Price Book 3.6713 | Enterprise Value Ebitda 108.8333 | Price Sales 11.5371 | Shares Float 73.2 M | Dividend Share 0.17 |
Sichuan Newsnet Valuation on September 8, 2023
It is possible to determine the worth of Sichuan Newsnet on a given historical date. On September 8, 2023 Sichuan was worth 17.59 at the beginning of the trading date compared to the closed value of 16.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sichuan Newsnet stock. Still, in general, we apply an absolute valuation method to find Sichuan Newsnet'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 Sichuan Newsnet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sichuan Newsnet's related companies.
| Open | High | Low | Close | Volume | |
| 17.60 | 17.95 | 17.48 | 17.57 | 3,247,440 | |
09/08/2023 | 17.59 | 17.59 | 16.81 | 16.97 | 3,519,974 |
| 16.97 | 17.56 | 16.97 | 17.45 | 3,999,062 |
| Backtest Sichuan Newsnet | | | Sichuan Newsnet History | | | Sichuan Newsnet Valuation | Previous | Next |
Sichuan Newsnet Trading Date Momentum on September 8, 2023
| On September 11 2023 Sichuan Newsnet Media was traded for 17.45 at the closing time. The highest price during the trading period was 17.56 and the lowest recorded bid was listed for 16.97 . The volume for the day was 4 M. This history from September 11, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 2.83% . The trading price change to the current price is 5.77% . |
Sichuan Newsnet Media Fundamentals Correlations and Trends
By evaluating Sichuan Newsnet'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 Sichuan Newsnet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sichuan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sichuan Newsnet Stock history
Sichuan Newsnet 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 Sichuan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sichuan Newsnet Media 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 Sichuan Newsnet stock prices may prove useful in developing a viable investing in Sichuan Newsnet
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 199.4 M | 171.6 M |
Sichuan Newsnet Quarterly Net Working Capital |
|
Sichuan Newsnet Stock Technical Analysis
Sichuan Newsnet 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
Sichuan Newsnet Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Sichuan Newsnet Media 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.
Sichuan Newsnet December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Sichuan Newsnet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sichuan Newsnet shares will generate the highest return on investment. By undertsting and applying Sichuan Newsnet stock market strength indicators, traders can identify Sichuan Newsnet Media entry and exit signals to maximize returns
Sichuan Newsnet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sichuan Newsnet's price direction in advance. Along with the technical and fundamental analysis of Sichuan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sichuan 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 | 0.1117 | |||
| Jensen Alpha | 0.6185 | |||
| Total Risk Alpha | 0.4751 | |||
| Sortino Ratio | 0.1263 | |||
| Treynor Ratio | (1.25) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sichuan Stock analysis
When running Sichuan Newsnet's price analysis, check to measure Sichuan Newsnet'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 Sichuan Newsnet is operating at the current time. Most of Sichuan Newsnet's value examination focuses on studying past and present price action to predict the probability of Sichuan Newsnet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sichuan Newsnet's price. Additionally, you may evaluate how the addition of Sichuan Newsnet to your portfolios can decrease your overall portfolio volatility.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios |