Shanghai Sanyou (China) Price on September 30, 2024

688085 Stock   21.82  0.08  0.37%   
Below is the normalized historical share price chart for Shanghai Sanyou Medical extending back to April 09, 2020. 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 Sanyou stands at 21.82, as last reported on the 4th of December, with the highest price reaching 22.06 and the lowest price hitting 21.54 during the day.
200 Day MA
17.9152
50 Day MA
20.2376
Beta
(0.24)
 
Covid
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. Shanghai Sanyou appears to be somewhat reliable, given 3 months investment horizon. Shanghai Sanyou Medical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0926, which indicates the firm had a 0.0926% return per unit of risk over the last 3 months. We have found thirty technical indicators for Shanghai Sanyou Medical, which you can use to evaluate the volatility of the company. Please review Shanghai Sanyou's Semi Deviation of 2.68, coefficient of variation of 813.06, and Risk Adjusted Performance of 0.1018 to confirm if our risk estimates are consistent with your expectations.
  
The current year's Other Stockholder Equity is expected to grow to about 49.1 K, whereas Total Stockholder Equity is forecasted to decline to about 1.1 B. . Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0926

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Estimated Market Risk

 3.93
  actual daily
34
66% of assets are more volatile

Expected Return

 0.36
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Shanghai Sanyou is performing at about 7% 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 Sanyou by adding it to a well-diversified portfolio.
Price Book
2.8484
Book Value
7.688
Enterprise Value
4.9 B
Enterprise Value Ebitda
76.8763
Price Sales
12.3884

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Shanghai Sanyou Valuation on September 30, 2024

It is possible to determine the worth of Shanghai Sanyou on a given historical date. On September 30, 2024 Shanghai was worth 18.05 at the beginning of the trading date compared to the closed value of 20.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Sanyou stock. Still, in general, we apply an absolute valuation method to find Shanghai Sanyou'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 Sanyou where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Sanyou's related companies.
 Open High Low Close Volume
  17.40    18.38    17.30    17.31    2,316,038  
09/30/2024
  18.05    20.36    18.05    20.18    6,999,637  
  24.22    24.22    21.00    22.25    8,985,840  
Backtest Shanghai Sanyou  |  Shanghai Sanyou History  |  Shanghai Sanyou Valuation   PreviousNext  
Open Value
18.05
20.18
Closing Value
29.83
Upside

Shanghai Sanyou Trading Date Momentum on September 30, 2024

On October 08 2024 Shanghai Sanyou Medical was traded for  22.25  at the closing time. The highest price during the trading period was 24.22  and the lowest recorded bid was listed for  21.00 . The volume for the day was 9 M. This history from October 8, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 10.26% . The trading price change to the current price is 0.10% .

Shanghai Sanyou Medical Fundamentals Correlations and Trends

By evaluating Shanghai Sanyou'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 Sanyou'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 Sanyou Stock history

Shanghai Sanyou 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 Sanyou Medical 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 Sanyou stock prices may prove useful in developing a viable investing in Shanghai Sanyou
Last ReportedProjected for Next Year
Common Stock Shares Outstanding248.5 M211.7 M
Net Income Applicable To Common Shares219.4 M121.2 M

Shanghai Sanyou Quarterly Net Working Capital

695.05 Million

Shanghai Sanyou Stock Technical Analysis

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

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shanghai Sanyou Medical 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 Sanyou December 4, 2024 Market Strength

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

Shanghai Sanyou Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shanghai Sanyou'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 Sanyou's price analysis, check to measure Shanghai Sanyou'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 Sanyou is operating at the current time. Most of Shanghai Sanyou's value examination focuses on studying past and present price action to predict the probability of Shanghai Sanyou'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 Sanyou's price. Additionally, you may evaluate how the addition of Shanghai Sanyou to your portfolios can decrease your overall portfolio volatility.
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