Shanghai Ziyan (China) Price on September 23, 2024

603057 Stock   19.14  0.52  2.64%   
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shanghai Ziyan stands at 19.14, as last reported on the 13th of December 2024, with the highest price reaching 19.60 and the lowest price hitting 19.10 during the day. Shanghai Ziyan appears to be not too volatile, given 3 months investment horizon. Shanghai Ziyan Foods owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shanghai Ziyan Foods, which you can use to evaluate the volatility of the company. Please review Shanghai Ziyan's Semi Deviation of 2.31, risk adjusted performance of 0.1131, and Coefficient Of Variation of 687.8 to confirm if our risk estimates are consistent with your expectations.
  
As of December 13, 2024, Total Stockholder Equity is expected to decline to about 1.8 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 430.1 M. Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1519

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Estimated Market Risk

 3.09
  actual daily
27
73% of assets are more volatile

Expected Return

 0.47
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Shanghai Ziyan is performing at about 11% 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 Ziyan by adding it to a well-diversified portfolio.
Price Book
3.8266
Enterprise Value Ebitda
15.1165
Price Sales
2.3809
Shares Float
74.7 M
Dividend Share
1.1

Shanghai Ziyan Valuation on September 23, 2024

It is possible to determine the worth of Shanghai Ziyan on a given historical date. On September 23, 2024 Shanghai was worth 15.5 at the beginning of the trading date compared to the closed value of 15.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Ziyan stock. Still, in general, we apply an absolute valuation method to find Shanghai Ziyan'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 Ziyan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Ziyan's related companies.
 Open High Low Close Volume
  15.60    15.72    15.26    15.69    1,364,400  
09/23/2024
  15.50    15.83    15.45    15.53    776,162  
  15.61    15.86    15.40    15.82    1,341,799  
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Open Value
15.5
15.53
Closing Value
24.76
Upside

Shanghai Ziyan Trading Date Momentum on September 23, 2024

On September 24 2024 Shanghai Ziyan Foods was traded for  15.82  at the closing time. The highest price during the trading period was 15.86  and the lowest recorded bid was listed for  15.40 . The volume for the day was 1.3 M. This history from September 24, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.87% . The trading price change to the current price is 32.65% .

Shanghai Ziyan Foods Fundamentals Correlations and Trends

By evaluating Shanghai Ziyan'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 Ziyan'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 Ziyan Stock history

Shanghai Ziyan 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 Ziyan Foods 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 Ziyan stock prices may prove useful in developing a viable investing in Shanghai Ziyan
Last ReportedProjected for Next Year
Common Stock Shares Outstanding473.8 M430.1 M

Shanghai Ziyan Quarterly Net Working Capital

854.33 Million

Shanghai Ziyan Stock Technical Analysis

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

Shanghai Ziyan Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shanghai Ziyan Foods 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 Ziyan December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Shanghai Ziyan 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 Ziyan shares will generate the highest return on investment. By undertsting and applying Shanghai Ziyan stock market strength indicators, traders can identify Shanghai Ziyan Foods entry and exit signals to maximize returns

Shanghai Ziyan Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shanghai Ziyan'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.

Complementary Tools for Shanghai Stock analysis

When running Shanghai Ziyan's price analysis, check to measure Shanghai Ziyan'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 Ziyan is operating at the current time. Most of Shanghai Ziyan's value examination focuses on studying past and present price action to predict the probability of Shanghai Ziyan'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 Ziyan's price. Additionally, you may evaluate how the addition of Shanghai Ziyan to your portfolios can decrease your overall portfolio volatility.
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