Southchip Semiconductor (China) Price on September 27, 2024
| 688484 Stock | 38.68 1.00 2.65% |
If you're considering investing in Southchip Stock, it is important to understand the factors that can impact its price. As of today, the current price of Southchip Semiconductor stands at 38.68, as last reported on the 2nd of December, with the highest price reaching 39.76 and the lowest price hitting 36.77 during the day. Southchip Semiconductor appears to be not too volatile, given 3 months investment horizon. Southchip Semiconductor 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. By inspecting Southchip Semiconductor's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please review Southchip Semiconductor's Semi Deviation of 3.23, coefficient of variation of 742.29, and Risk Adjusted Performance of 0.1113 to confirm if our risk estimates are consistent with your expectations.
Southchip Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Southchip |
Sharpe Ratio = 0.1464
| Best Portfolio | Best Equity | |||
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| Small Returns | 688484 | |||
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Estimated Market Risk
| 4.7 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Southchip Semiconductor 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 Southchip Semiconductor by adding it to a well-diversified portfolio.
Price Book 4.2475 | Enterprise Value Ebitda 38.4413 | Price Sales 6.7835 | Shares Float 215.3 M | Dividend Share 0.38 |
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Southchip Semiconductor Valuation on September 27, 2024
It is possible to determine the worth of Southchip Semiconductor on a given historical date. On September 27, 2024 Southchip was worth 28.4 at the beginning of the trading date compared to the closed value of 29.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Southchip Semiconductor stock. Still, in general, we apply an absolute valuation method to find Southchip Semiconductor'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 Southchip Semiconductor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Southchip Semiconductor's related companies.
| Open | High | Low | Close | Volume | |
| 26.86 | 27.81 | 26.50 | 27.81 | 5,906,963 | |
09/27/2024 | 28.40 | 29.90 | 28.27 | 29.75 | 5,529,444 |
| 31.40 | 34.36 | 31.03 | 34.36 | 16,083,086 |
| Backtest Southchip Semiconductor | | | Southchip Semiconductor History | | | Southchip Semiconductor Valuation | Previous | Next |
Southchip Semiconductor Trading Date Momentum on September 27, 2024
| On September 30 2024 Southchip Semiconductor Technology was traded for 34.36 at the closing time. The highest price during the trading period was 34.36 and the lowest recorded bid was listed for 31.03 . The volume for the day was 16.1 M. This history from September 30, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 15.50% . The trading price change to the current price is 38.59% . |
Southchip Semiconductor Fundamentals Correlations and Trends
By evaluating Southchip Semiconductor'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 Southchip Semiconductor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Southchip financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Southchip Semiconductor Stock history
Southchip Semiconductor 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 Southchip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Southchip Semiconductor 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 Southchip Semiconductor stock prices may prove useful in developing a viable investing in Southchip Semiconductor
Southchip Semiconductor Stock Technical Analysis
Southchip Semiconductor 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
Southchip Semiconductor Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Southchip Semiconductor Technology 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.
Southchip Semiconductor December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Southchip Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Southchip Semiconductor shares will generate the highest return on investment. By undertsting and applying Southchip Semiconductor stock market strength indicators, traders can identify Southchip Semiconductor Technology entry and exit signals to maximize returns
Southchip Semiconductor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Southchip Semiconductor's price direction in advance. Along with the technical and fundamental analysis of Southchip Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Southchip 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 | 0.1113 | |||
| Jensen Alpha | 0.6201 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.1357 | |||
| Treynor Ratio | (2.86) |
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Complementary Tools for Southchip Stock analysis
When running Southchip Semiconductor's price analysis, check to measure Southchip Semiconductor'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 Southchip Semiconductor is operating at the current time. Most of Southchip Semiconductor's value examination focuses on studying past and present price action to predict the probability of Southchip Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southchip Semiconductor's price. Additionally, you may evaluate how the addition of Southchip Semiconductor to your portfolios can decrease your overall portfolio volatility.
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