Sinomach General (China) Price on August 21, 2024

600444 Stock   16.82  0.16  0.94%   
Below is the normalized historical share price chart for Sinomach General Machinery extending back to February 19, 2004. 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 Sinomach General stands at 16.82, as last reported on the 11th of December 2024, with the highest price reaching 17.30 and the lowest price hitting 16.77 during the day.
IPO Date
4th of February 2004
200 Day MA
13.2335
50 Day MA
15.5616
Beta
0.548
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Sinomach Stock, it is important to understand the factors that can impact its price. Sinomach General appears to be somewhat reliable, given 3 months investment horizon. Sinomach General Mac owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. By inspecting Sinomach General's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please review Sinomach General's Coefficient Of Variation of 564.42, risk adjusted performance of 0.1361, and Semi Deviation of 2.85 to confirm if our risk estimates are consistent with your expectations.
  
As of December 11, 2024, Total Stockholder Equity is expected to decline to about 343.3 M. In addition to that, Common Stock is expected to decline to about 113.1 M. Sinomach Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1918

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Estimated Market Risk

 4.03
  actual daily
35
65% of assets are more volatile

Expected Return

 0.77
  actual daily
15
85% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
15
85% of assets perform better
Based on monthly moving average Sinomach General 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 Sinomach General by adding it to a well-diversified portfolio.
Price Book
3.5612
Book Value
4.768
Enterprise Value
2.1 B
Enterprise Value Ebitda
34.0925
Price Sales
2.7144

Sinomach General Valuation on August 21, 2024

It is possible to determine the worth of Sinomach General on a given historical date. On August 21, 2024 Sinomach was worth 11.36 at the beginning of the trading date compared to the closed value of 11.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinomach General stock. Still, in general, we apply an absolute valuation method to find Sinomach General'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 Sinomach General where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinomach General's related companies.
 Open High Low Close Volume
  11.66    11.67    11.34    11.42    3,971,500  
08/21/2024
  11.36    11.50    11.32    11.45    2,910,100  
  11.53    11.73    11.30    11.35    3,423,600  
Backtest Sinomach General  |  Sinomach General History  |  Sinomach General Valuation   PreviousNext  
Open Value
11.36
11.45
Closing Value
23.44
Upside

Sinomach General Trading Date Momentum on August 21, 2024

On August 22 2024 Sinomach General Machinery was traded for  11.35  at the closing time. The highest price during the trading period was 11.73  and the lowest recorded bid was listed for  11.30 . The volume for the day was 3.4 M. This history from August 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.87% . The trading price change to the current price is 1.48% .

Sinomach General Mac Fundamentals Correlations and Trends

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

About Sinomach General Stock history

Sinomach General 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 Sinomach is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinomach General Mac 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 Sinomach General stock prices may prove useful in developing a viable investing in Sinomach General
Last ReportedProjected for Next Year
Common Stock Shares Outstanding131.8 M117.1 M
Net Income Applicable To Common Shares55.9 M36.1 M

Sinomach General Quarterly Net Working Capital

621.5 Million

Sinomach General Stock Technical Analysis

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

Sinomach General Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sinomach General Machinery cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.

Sinomach General December 11, 2024 Market Strength

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

Sinomach General Technical and Predictive Indicators

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

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