Sinotruk (Germany) Price on January 30, 2023
| 4SK Stock | EUR 2.76 0.06 2.13% |
If you're considering investing in Sinotruk Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sinotruk stands at 2.76, as last reported on the 29th of December, with the highest price reaching 2.76 and the lowest price hitting 2.76 during the day. At this point, Sinotruk is risky. Sinotruk Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0345, which indicates the firm had a 0.0345% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sinotruk Limited, which you can use to evaluate the volatility of the company. Please validate Sinotruk's Coefficient Of Variation of 1268.82, semi deviation of 2.44, and Risk Adjusted Performance of 0.0701 to confirm if the risk estimate we provide is consistent with the expected return of 0.099%.
Sinotruk Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sinotruk |
Sharpe Ratio = 0.0345
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | 4SK | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.87 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Sinotruk is performing at about 2% 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 Sinotruk by adding it to a well-diversified portfolio.
Sinotruk Valuation on January 30, 2023
It is possible to determine the worth of Sinotruk on a given historical date. On January 30, 2023 Sinotruk was worth 0.48 at the beginning of the trading date compared to the closed value of 0.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinotruk stock. Still, in general, we apply an absolute valuation method to find Sinotruk'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 Sinotruk where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinotruk's related companies.
| Open | High | Low | Close | Volume | |
| 0.48 | 0.48 | 0.48 | 0.48 | 1.00 | |
01/30/2023 | 0.48 | 0.49 | 0.48 | 0.48 | 1.00 |
| 0.49 | 0.49 | 0.49 | 0.49 | 1.00 |
| Backtest Sinotruk | | | Sinotruk History | | | Sinotruk Valuation | Previous | Next |
Sinotruk Trading Date Momentum on January 30, 2023
| On January 31 2023 Sinotruk Limited was traded for 0.49 at the closing time. The highest daily price throughout the period was 0.49 and the lowest price was 0.49 . There was no trading activity during the period 1.0. Lack of trading volume on 01/31/2023 added to the next day price rise. The daily price change to closing price of the next trading day was 2.08% . The trading price change to current closing price is 14.58% . |
Sinotruk Limited Fundamentals Correlations and Trends
By evaluating Sinotruk'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 Sinotruk's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sinotruk financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sinotruk Stock history
Sinotruk 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 Sinotruk is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinotruk Limited 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 Sinotruk stock prices may prove useful in developing a viable investing in Sinotruk
Sinotruk Limited, an investment holding company, engages in the research, development, manufacture, and sale of heavy duty trucks , light duty trucks, buses, and related parts in Mainland China and internationally. Sinotruk Limited is a subsidiary of China National Heavy Duty Truck Group Company Limited. SINOTRUK HONG is traded on Frankfurt Stock Exchange in Germany.
Sinotruk Stock Technical Analysis
Sinotruk 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
Sinotruk Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Sinotruk Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Sinotruk December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sinotruk stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinotruk shares will generate the highest return on investment. By undertsting and applying Sinotruk stock market strength indicators, traders can identify Sinotruk Limited entry and exit signals to maximize returns
Sinotruk Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sinotruk's price direction in advance. Along with the technical and fundamental analysis of Sinotruk Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sinotruk 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 | 0.0701 | |||
| Jensen Alpha | 0.2141 | |||
| Total Risk Alpha | 0.1374 | |||
| Sortino Ratio | 0.0672 | |||
| Treynor Ratio | 1.26 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sinotruk Stock analysis
When running Sinotruk's price analysis, check to measure Sinotruk'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 Sinotruk is operating at the current time. Most of Sinotruk's value examination focuses on studying past and present price action to predict the probability of Sinotruk's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinotruk's price. Additionally, you may evaluate how the addition of Sinotruk to your portfolios can decrease your overall portfolio volatility.
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |