Shanghai Shuixing (China) Price on September 12, 2024
| 603365 Stock | 16.44 0.42 2.49% |
Below is the normalized historical share price chart for Shanghai Shuixing Home extending back to November 20, 2017. 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 Shuixing stands at 16.44, as last reported on the 2nd of December, with the highest price reaching 17.19 and the lowest price hitting 16.36 during the day.
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. Shanghai Shuixing appears to be not too volatile, given 3 months investment horizon. Shanghai Shuixing Home owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. By inspecting Shanghai Shuixing's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please review Shanghai Shuixing's Coefficient Of Variation of 746.22, risk adjusted performance of 0.1101, and Semi Deviation of 2.42 to confirm if our risk estimates are consistent with your expectations.
As of December 2, 2024, Total Stockholder Equity is expected to decline to about 2.1 B. In addition to that, Common Stock is expected to decline to about 259.5 M. Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 15.3105 | 50 Day MA 13.6888 | Beta 0.395 |
Shanghai |
Sharpe Ratio = 0.2185
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603365 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.33 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Shanghai Shuixing is performing at about 17% 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 Shuixing by adding it to a well-diversified portfolio.
Price Book 1.5093 | Enterprise Value Ebitda 8.0959 | Price Sales 1.055 | Shares Float 90.2 M | Wall Street Target Price 31.85 |
Shanghai Shuixing Valuation on September 12, 2024
It is possible to determine the worth of Shanghai Shuixing on a given historical date. On September 12, 2024 Shanghai was worth 11.19 at the beginning of the trading date compared to the closed value of 11.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Shuixing stock. Still, in general, we apply an absolute valuation method to find Shanghai Shuixing'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 Shuixing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Shuixing's related companies.
| Open | High | Low | Close | Volume | |
| 11.37 | 11.37 | 11.09 | 11.12 | 1,742,200 | |
09/12/2024 | 11.19 | 11.29 | 11.07 | 11.07 | 1,665,200 |
| 11.07 | 11.16 | 10.89 | 10.89 | 1,478,700 |
| Backtest Shanghai Shuixing | | | Shanghai Shuixing History | | | Shanghai Shuixing Valuation | Previous | Next |
Shanghai Shuixing Trading Date Momentum on September 12, 2024
| On September 13 2024 Shanghai Shuixing Home was traded for 10.89 at the closing time. The highest price during the trading period was 11.16 and the lowest recorded bid was listed for 10.89 . The volume for the day was 1.5 M. This history from September 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.63% . The trading price change to the current price is 2.35% . |
Shanghai Shuixing Home Fundamentals Correlations and Trends
By evaluating Shanghai Shuixing'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 Shuixing'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 Shuixing Stock history
Shanghai Shuixing 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 Shuixing Home 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 Shuixing stock prices may prove useful in developing a viable investing in Shanghai Shuixing
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 262.7 M | 212.9 M | |
| Net Income Applicable To Common Shares | 443.8 M | 290.8 M |
Shanghai Shuixing Quarterly Net Working Capital |
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Shanghai Shuixing Stock Technical Analysis
Shanghai Shuixing 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 Shuixing Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Shanghai Shuixing Home 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 Shuixing December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanghai Shuixing 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 Shuixing shares will generate the highest return on investment. By undertsting and applying Shanghai Shuixing stock market strength indicators, traders can identify Shanghai Shuixing Home entry and exit signals to maximize returns
Shanghai Shuixing Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Shuixing'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 | 0.1101 | |||
| Jensen Alpha | 0.4013 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.107 | |||
| Treynor Ratio | 1.62 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shanghai Stock analysis
When running Shanghai Shuixing's price analysis, check to measure Shanghai Shuixing'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 Shuixing is operating at the current time. Most of Shanghai Shuixing's value examination focuses on studying past and present price action to predict the probability of Shanghai Shuixing'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 Shuixing's price. Additionally, you may evaluate how the addition of Shanghai Shuixing to your portfolios can decrease your overall portfolio volatility.
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