Guangdong Skychem (China) Price on July 4, 2024
| 688603 Stock | 128.22 0.02 0.02% |
If you're considering investing in Guangdong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Guangdong Skychem stands at 128.22, as last reported on the 23rd of December, with the highest price reaching 130.69 and the lowest price hitting 125.40 during the day. Guangdong Skychem is very steady given 3 months investment horizon. Guangdong Skychem holds Efficiency (Sharpe) Ratio of 0.28, which attests that the entity had a 0.28% return per unit of standard deviation 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 1.4% are justified by taking the suggested risk. Use Guangdong Skychem Technology market risk adjusted performance of 1.42, and Risk Adjusted Performance of 0.2288 to evaluate company specific risk that cannot be diversified away.
Guangdong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Guangdong |
Sharpe Ratio = 0.2762
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 688603 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.07 actual daily | 45 55% of assets are more volatile |
Expected Return
| 1.4 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 21 79% of assets perform better |
Based on monthly moving average Guangdong Skychem is performing at about 21% 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 Guangdong Skychem by adding it to a well-diversified portfolio.
Price Book 6.7719 | Enterprise Value 6.7 B | Enterprise Value Ebitda 76.7764 | Price Sales 20.8729 | Enterprise Value Revenue 18.2681 |
Guangdong Skychem Valuation on July 4, 2024
It is possible to determine the worth of Guangdong Skychem on a given historical date. On July 4, 2024 Guangdong was worth 46.8 at the beginning of the trading date compared to the closed value of 45.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guangdong Skychem stock. Still, in general, we apply an absolute valuation method to find Guangdong Skychem'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 Guangdong Skychem where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guangdong Skychem's related companies.
| Open | High | Low | Close | Volume | |
| 47.53 | 48.58 | 45.20 | 46.76 | 1,037,453 | |
07/04/2024 | 46.80 | 47.00 | 45.31 | 45.35 | 830,551 |
| 45.35 | 45.51 | 43.51 | 44.52 | 912,649 |
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Guangdong Skychem Trading Date Momentum on July 4, 2024
| On July 05 2024 Guangdong Skychem Technology was traded for 44.52 at the closing time. The highest price during the trading period was 45.51 and the lowest recorded bid was listed for 43.51 . The volume for the day was 912.6 K. This history from July 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.83% . The overall trading delta to the current price is 9.33% . |
Guangdong Skychem Fundamentals Correlations and Trends
By evaluating Guangdong Skychem'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 Guangdong Skychem's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guangdong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guangdong Skychem Stock history
Guangdong Skychem 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 Guangdong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guangdong Skychem 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 Guangdong Skychem stock prices may prove useful in developing a viable investing in Guangdong Skychem
Guangdong Skychem Stock Technical Analysis
Guangdong Skychem 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
Guangdong Skychem Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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Guangdong Skychem December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Guangdong Skychem stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guangdong Skychem shares will generate the highest return on investment. By undertsting and applying Guangdong Skychem stock market strength indicators, traders can identify Guangdong Skychem Technology entry and exit signals to maximize returns
Guangdong Skychem Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guangdong Skychem's price direction in advance. Along with the technical and fundamental analysis of Guangdong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guangdong 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 | 0.2288 | |||
| Jensen Alpha | 1.31 | |||
| Total Risk Alpha | 1.2 | |||
| Sortino Ratio | 0.2966 | |||
| Treynor Ratio | 1.41 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Guangdong Stock analysis
When running Guangdong Skychem's price analysis, check to measure Guangdong Skychem'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 Guangdong Skychem is operating at the current time. Most of Guangdong Skychem's value examination focuses on studying past and present price action to predict the probability of Guangdong Skychem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guangdong Skychem's price. Additionally, you may evaluate how the addition of Guangdong Skychem to your portfolios can decrease your overall portfolio volatility.
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