Sinosteel Luonai (China) Price on November 14, 2024
| 688119 Stock | 4.25 0.05 1.19% |
If you're considering investing in Sinosteel Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sinosteel Luonai stands at 4.25, as last reported on the 1st of December, with the highest price reaching 4.29 and the lowest price hitting 4.19 during the day. Sinosteel Luonai appears to be relatively risky, given 3 months investment horizon. Sinosteel Luonai Mat owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. By inspecting Sinosteel Luonai's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please review Sinosteel Luonai's Semi Deviation of 2.63, coefficient of variation of 691.54, and Risk Adjusted Performance of 0.1184 to confirm if our risk estimates are consistent with your expectations.
As of December 1, 2024, Total Stockholder Equity is expected to decline to about 2.7 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 1.1 B. Sinosteel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sinosteel |
Sharpe Ratio = 0.1694
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688119 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.72 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Sinosteel Luonai is performing at about 13% 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 Sinosteel Luonai by adding it to a well-diversified portfolio.
Price Book 1.5722 | Enterprise Value Ebitda 195.1336 | Price Sales 2.1055 | Shares Float 321.9 M | Dividend Share 0.032 |
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Sinosteel Luonai Valuation on November 14, 2024
It is possible to determine the worth of Sinosteel Luonai on a given historical date. On November 14, 2024 Sinosteel was worth 4.38 at the beginning of the trading date compared to the closed value of 4.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinosteel Luonai stock. Still, in general, we apply an absolute valuation method to find Sinosteel Luonai'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 Sinosteel Luonai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinosteel Luonai's related companies.
| Open | High | Low | Close | Volume | |
| 4.42 | 4.58 | 4.32 | 4.40 | 12,428,918 | |
11/14/2024 | 4.38 | 4.42 | 4.24 | 4.25 | 9,726,980 |
| 4.26 | 4.33 | 4.16 | 4.17 | 9,945,492 |
| Backtest Sinosteel Luonai | | | Sinosteel Luonai History | | | Sinosteel Luonai Valuation | Previous | Next |
Sinosteel Luonai Trading Date Momentum on November 14, 2024
| On November 15 2024 Sinosteel Luonai Materials was traded for 4.17 at the closing time. The highest price during the trading period was 4.33 and the lowest recorded bid was listed for 4.16 . The volume for the day was 9.9 M. This history from November 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.88% . The trading price change to the current price is 1.41% . |
Sinosteel Luonai Mat Fundamentals Correlations and Trends
By evaluating Sinosteel Luonai'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 Sinosteel Luonai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sinosteel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sinosteel Luonai Stock history
Sinosteel Luonai 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 Sinosteel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinosteel Luonai Mat 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 Sinosteel Luonai stock prices may prove useful in developing a viable investing in Sinosteel Luonai
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.1 B |
Sinosteel Luonai Quarterly Net Working Capital |
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Sinosteel Luonai Stock Technical Analysis
Sinosteel Luonai 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
Sinosteel Luonai Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Sinosteel Luonai Materials 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.
Sinosteel Luonai December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Sinosteel Luonai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinosteel Luonai shares will generate the highest return on investment. By undertsting and applying Sinosteel Luonai stock market strength indicators, traders can identify Sinosteel Luonai Materials entry and exit signals to maximize returns
Sinosteel Luonai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sinosteel Luonai's price direction in advance. Along with the technical and fundamental analysis of Sinosteel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sinosteel 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 | 0.1184 | |||
| Jensen Alpha | 0.4875 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1172 | |||
| Treynor Ratio | 3.36 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sinosteel Stock analysis
When running Sinosteel Luonai's price analysis, check to measure Sinosteel Luonai'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 Sinosteel Luonai is operating at the current time. Most of Sinosteel Luonai's value examination focuses on studying past and present price action to predict the probability of Sinosteel Luonai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinosteel Luonai's price. Additionally, you may evaluate how the addition of Sinosteel Luonai to your portfolios can decrease your overall portfolio volatility.
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