Shenzhen Fortune (China) Price on August 22, 2024
| 688318 Stock | 182.20 2.10 1.17% |
Below is the normalized historical share price chart for Shenzhen Fortune Trend extending back to April 27, 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 Shenzhen Fortune stands at 182.20, as last reported on the 4th of December, with the highest price reaching 186.29 and the lowest price hitting 176.93 during the day.
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. Shenzhen Fortune is very steady given 3 months investment horizon. Shenzhen Fortune Trend owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.46% are justified by taking the suggested risk. Use Shenzhen Fortune Trend Coefficient Of Variation of 479.71, risk adjusted performance of 0.1679, and Semi Deviation of 4.35 to evaluate company specific risk that cannot be diversified away.
As of December 4, 2024, Total Stockholder Equity is expected to decline to about 2.2 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 79.7 M. Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 100.3996 | 50 Day MA 153.48 | Beta 1.509 |
Shenzhen |
Sharpe Ratio = 0.2027
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 688318 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 7.19 actual daily | 64 64% of assets are less volatile |
Expected Return
| 1.46 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Shenzhen Fortune is performing at about 15% 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 Shenzhen Fortune by adding it to a well-diversified portfolio.
Price Book 9.4908 | Enterprise Value Ebitda 104.5105 | Price Sales 83.6899 | Shares Float 53.5 M | Wall Street Target Price 221.28 |
Shenzhen Fortune Valuation on August 22, 2024
It is possible to determine the worth of Shenzhen Fortune on a given historical date. On August 22, 2024 Shenzhen was worth 87.08 at the beginning of the trading date compared to the closed value of 80.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen Fortune stock. Still, in general, we apply an absolute valuation method to find Shenzhen Fortune'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 Shenzhen Fortune where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen Fortune's related companies.
| Open | High | Low | Close | Volume | |
| 86.13 | 87.30 | 85.78 | 86.69 | 2,133,885 | |
08/22/2024 | 87.08 | 87.73 | 80.00 | 80.49 | 5,452,513 |
| 80.48 | 84.30 | 80.22 | 82.91 | 3,158,437 |
| Backtest Shenzhen Fortune | | | Shenzhen Fortune History | | | Shenzhen Fortune Valuation | Previous | Next |
Shenzhen Fortune Trading Date Momentum on August 22, 2024
| On August 23 2024 Shenzhen Fortune Trend was traded for 82.91 at the closing time. The highest price during the trading period was 84.30 and the lowest recorded bid was listed for 80.22 . The volume for the day was 3.2 M. This history from August 23, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.01% . The trading price change to the current price is 8.17% . |
Shenzhen Fortune Trend Fundamentals Correlations and Trends
By evaluating Shenzhen Fortune'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 Shenzhen Fortune's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shenzhen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shenzhen Fortune Stock history
Shenzhen Fortune 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 Shenzhen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenzhen Fortune Trend 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 Shenzhen Fortune stock prices may prove useful in developing a viable investing in Shenzhen Fortune
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 130.7 M | 79.7 M | |
| Net Income Applicable To Common Shares | 165.9 M | 203.2 M |
Shenzhen Fortune Quarterly Net Working Capital |
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Shenzhen Fortune Stock Technical Analysis
Shenzhen Fortune 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
Shenzhen Fortune Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Shenzhen Fortune Trend 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.
Shenzhen Fortune December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen Fortune stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenzhen Fortune shares will generate the highest return on investment. By undertsting and applying Shenzhen Fortune stock market strength indicators, traders can identify Shenzhen Fortune Trend entry and exit signals to maximize returns
Shenzhen Fortune Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen Fortune's price direction in advance. Along with the technical and fundamental analysis of Shenzhen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shenzhen 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 | 0.1679 | |||
| Jensen Alpha | 1.36 | |||
| Total Risk Alpha | 0.4871 | |||
| Sortino Ratio | 0.2451 | |||
| Treynor Ratio | 2.79 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shenzhen Stock analysis
When running Shenzhen Fortune's price analysis, check to measure Shenzhen Fortune'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 Shenzhen Fortune is operating at the current time. Most of Shenzhen Fortune's value examination focuses on studying past and present price action to predict the probability of Shenzhen Fortune's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenzhen Fortune's price. Additionally, you may evaluate how the addition of Shenzhen Fortune to your portfolios can decrease your overall portfolio volatility.
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