Shanghai Oriental (China) Price on September 9, 2024
| 600637 Stock | 7.97 0.07 0.89% |
Below is the normalized historical share price chart for Shanghai Oriental Pearl extending back to March 16, 1993. 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 Shanghai Oriental stands at 7.97, as last reported on the 29th of December, with the highest price reaching 8.06 and the lowest price hitting 7.83 during the day.
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. At this point, Shanghai Oriental is somewhat reliable. Shanghai Oriental Pearl owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0521, which indicates the firm had a 0.0521% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shanghai Oriental Pearl, which you can use to evaluate the volatility of the company. Please validate Shanghai Oriental's Risk Adjusted Performance of 0.1281, coefficient of variation of 657.78, and Semi Deviation of 1.92 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
At present, Shanghai Oriental's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 4.1 B, whereas Other Stockholder Equity is projected to grow to (271.4 M). . Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of August 1992 | 200 Day MA 6.9802 | 50 Day MA 8.1736 | Beta 0.524 |
Shanghai |
Sharpe Ratio = 0.0521
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | 600637 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Shanghai Oriental is performing at about 4% 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 Shanghai Oriental by adding it to a well-diversified portfolio.
Price Book 0.8973 | Enterprise Value Ebitda 17.1255 | Price Sales 3.5467 | Shares Float 1.7 B | Wall Street Target Price 7 |
Shanghai Oriental Valuation on September 9, 2024
It is possible to determine the worth of Shanghai Oriental on a given historical date. On September 9, 2024 Shanghai was worth 6.22 at the beginning of the trading date compared to the closed value of 6.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Oriental stock. Still, in general, we apply an absolute valuation method to find Shanghai Oriental'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 Shanghai Oriental where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Oriental's related companies.
| Open | High | Low | Close | Volume | |
| 6.26 | 6.30 | 6.20 | 6.22 | 9,953,263 | |
09/09/2024 | 6.22 | 6.31 | 6.19 | 6.24 | 13,650,962 |
| 6.26 | 6.28 | 6.10 | 6.27 | 13,750,699 |
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Shanghai Oriental Trading Date Momentum on September 9, 2024
| On September 10 2024 Shanghai Oriental Pearl was traded for 6.27 at the closing time. The highest price during the trading period was 6.28 and the lowest recorded bid was listed for 6.10 . The volume for the day was 13.8 M. This history from September 10, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.48% . The trading price change to the current price is 0.96% . |
Shanghai Oriental Pearl Fundamentals Correlations and Trends
By evaluating Shanghai Oriental'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 Shanghai Oriental's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shanghai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shanghai Oriental Stock history
Shanghai Oriental 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 Shanghai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanghai Oriental Pearl 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 Shanghai Oriental stock prices may prove useful in developing a viable investing in Shanghai Oriental
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.1 B | 2.7 B | |
| Net Income Applicable To Common Shares | 2.1 B | 2.2 B |
Shanghai Oriental Quarterly Net Working Capital |
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Shanghai Oriental Stock Technical Analysis
Shanghai Oriental 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
Shanghai Oriental Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Shanghai Oriental Pearl 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.
Shanghai Oriental December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanghai Oriental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanghai Oriental shares will generate the highest return on investment. By undertsting and applying Shanghai Oriental stock market strength indicators, traders can identify Shanghai Oriental Pearl entry and exit signals to maximize returns
Shanghai Oriental Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Oriental's price direction in advance. Along with the technical and fundamental analysis of Shanghai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shanghai 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 | 0.1281 | |||
| Jensen Alpha | 0.3943 | |||
| Total Risk Alpha | 0.3121 | |||
| Sortino Ratio | 0.1577 | |||
| Treynor Ratio | (0.86) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shanghai Stock analysis
When running Shanghai Oriental's price analysis, check to measure Shanghai Oriental'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 Shanghai Oriental is operating at the current time. Most of Shanghai Oriental's value examination focuses on studying past and present price action to predict the probability of Shanghai Oriental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai Oriental's price. Additionally, you may evaluate how the addition of Shanghai Oriental to your portfolios can decrease your overall portfolio volatility.
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