Shaanxi Broadcast (China) Price on December 4, 2024

600831 Stock   2.63  0.04  1.54%   
Below is the normalized historical share price chart for Shaanxi Broadcast TV extending back to February 24, 1994. 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 Shaanxi Broadcast stands at 2.63, as last reported on the 30th of December, with the highest price reaching 2.66 and the lowest price hitting 2.57 during the day.
IPO Date
25th of April 1992
200 Day MA
2.8894
50 Day MA
2.7192
Beta
0.487
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shaanxi Stock, it is important to understand the factors that can impact its price. At this point, Shaanxi Broadcast is unstable. Shaanxi Broadcast owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0686, which indicates the firm had a 0.0686% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shaanxi Broadcast TV, which you can use to evaluate the volatility of the company. Please validate Shaanxi Broadcast's Risk Adjusted Performance of 0.1192, semi deviation of 2.63, and Coefficient Of Variation of 712.21 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
  
At present, Shaanxi Broadcast'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 761.9 M, whereas Total Stockholder Equity is forecasted to decline to about 1.9 B. . Shaanxi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0686

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Estimated Market Risk

 2.78
  actual daily
24
76% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Shaanxi Broadcast is performing at about 5% 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 Shaanxi Broadcast by adding it to a well-diversified portfolio.
Price Book
0.7274
Enterprise Value Ebitda
51.1951
Price Sales
1.1098
Shares Float
466.3 M
Wall Street Target Price
20.45

Shaanxi Broadcast Valuation on December 4, 2024

It is possible to determine the worth of Shaanxi Broadcast on a given historical date. On December 4, 2024 Shaanxi was worth 2.78 at the beginning of the trading date compared to the closed value of 2.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shaanxi Broadcast stock. Still, in general, we apply an absolute valuation method to find Shaanxi Broadcast'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 Shaanxi Broadcast where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shaanxi Broadcast's related companies.
 Open High Low Close Volume
  2.81    2.86    2.77    2.80    10,164,300  
12/04/2024
  2.78    2.81    2.73    2.74    8,678,400  
  2.74    2.78    2.71    2.78    6,853,437  
Backtest Shaanxi Broadcast  |  Shaanxi Broadcast History  |  Shaanxi Broadcast Valuation PreviousNext  
Open Value
2.78
2.74
Closing Value
11.11
Upside

Shaanxi Broadcast Trading Date Momentum on December 4, 2024

On December 05 2024 Shaanxi Broadcast TV was traded for  2.78  at the closing time. The highest price during the trading period was 2.78  and the lowest recorded bid was listed for  2.71 . The volume for the day was 6.9 M. This history from December 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.46% . The trading price change to the current price is 10.22% .
JavaScript chart by amCharts 3.21.1512/04/2024Nov 25Nov 27Nov 29DecDec 03Dec 05Dec 07Dec 09Dec 11Dec 132.72.82.93.0

Shaanxi Broadcast Fundamentals Correlations and Trends

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

About Shaanxi Broadcast Stock history

Shaanxi Broadcast 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 Shaanxi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shaanxi Broadcast 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 Shaanxi Broadcast stock prices may prove useful in developing a viable investing in Shaanxi Broadcast
Last ReportedProjected for Next Year
Common Stock Shares Outstanding710.5 M748.1 M
Net Income Applicable To Common Shares38.7 M76.3 M

Shaanxi Broadcast Stock Technical Analysis

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

Shaanxi Broadcast Period Price Range

Low
December 30, 2024
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High

 0.00 

     

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Shaanxi Broadcast TV 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.

Shaanxi Broadcast December 30, 2024 Market Strength

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

Shaanxi Broadcast Technical and Predictive Indicators

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

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