Shanghai Suochen (China) Price on April 12, 2024

688507 Stock   67.20  1.86  2.69%   
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shanghai Suochen stands at 67.20, as last reported on the 16th of December 2024, with the highest price reaching 68.93 and the lowest price hitting 67.00 during the day. Shanghai Suochen is not too volatile given 3 months investment horizon. Shanghai Suochen Inf owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Shanghai Suochen Inf Semi Deviation of 3.42, coefficient of variation of 674.96, and Risk Adjusted Performance of 0.1161 to evaluate company specific risk that cannot be diversified away.
  
Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1805

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns688507
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 5.64
  actual daily
50
50% of assets are less volatile

Expected Return

 1.02
  actual daily
20
80% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Shanghai Suochen is performing at about 14% 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 Suochen by adding it to a well-diversified portfolio.
Price Book
2.1769
Enterprise Value Ebitda
269.3716
Price Sales
17.3516
Shares Float
45.2 M
Dividend Share
0.324

Shanghai Suochen Main Headline on 12th of April 2024

Shanghai Suochen Information Technology Co.,Ltd.s Fundamentals Look Pretty Strong Could The Market Be Wrong About The Stock Simply Wall St

Shanghai Suochen Valuation on April 12, 2024

It is possible to determine the worth of Shanghai Suochen on a given historical date. On April 12, 2024 Shanghai was worth 56.84 at the beginning of the trading date compared to the closed value of 54.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Suochen stock. Still, in general, we apply an absolute valuation method to find Shanghai Suochen'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 Suochen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Suochen's related companies.
 Open High Low Close Volume
  56.79    59.23    55.91    56.76    560,175  
04/12/2024
  56.84    57.20    54.90    54.90    624,941  
  54.34    55.36    51.22    52.97    883,548  
Backtest Shanghai Suochen  |  Shanghai Suochen History  |  Shanghai Suochen Valuation   PreviousNext  
Open Value
56.84
54.9
Closing Value
73.77
Upside

Shanghai Suochen Trading Date Momentum on April 12, 2024

On April 15 2024 Shanghai Suochen Information was traded for  52.97  at the closing time. The highest price during the trading period was 55.36  and the lowest recorded bid was listed for  51.22 . The volume for the day was 883.5 K. This history from April 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.52% . The trading price change to the current price is 1.68% .

Shanghai Suochen Inf Fundamentals Correlations and Trends

By evaluating Shanghai Suochen'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 Suochen'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 Suochen Stock history

Shanghai Suochen 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 Suochen Inf 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 Suochen stock prices may prove useful in developing a viable investing in Shanghai Suochen

Shanghai Suochen Stock Technical Analysis

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

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shanghai Suochen Information 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 Suochen December 16, 2024 Market Strength

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

Shanghai Suochen Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shanghai Suochen'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 Suochen's price analysis, check to measure Shanghai Suochen'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 Suochen is operating at the current time. Most of Shanghai Suochen's value examination focuses on studying past and present price action to predict the probability of Shanghai Suochen'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 Suochen's price. Additionally, you may evaluate how the addition of Shanghai Suochen to your portfolios can decrease your overall portfolio volatility.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets