Shanghai Electric Group Stock Price on October 24, 2024
| SIELY Stock | USD 7.10 0.53 6.95% |
If you're considering investing in Shanghai Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Shanghai Electric stands at 7.10, as last reported on the 2nd of December, with the highest price reaching 7.79 and the lowest price hitting 7.10 during the day. Shanghai Electric is very risky given 3 months investment horizon. Shanghai Electric owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We were able to break down and interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.49% are justified by taking the suggested risk. Use Shanghai Electric Coefficient Of Variation of 749.26, semi deviation of 3.69, and Risk Adjusted Performance of 0.1113 to evaluate company specific risk that cannot be diversified away.
Shanghai Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Shanghai |
Sharpe Ratio = 0.1345
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Estimated Market Risk
| 11.12 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.49 actual daily | 29 71% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Shanghai Electric is performing at about 10% 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 Electric by adding it to a well-diversified portfolio.
Shanghai Electric Valuation on October 24, 2024
It is possible to determine the worth of Shanghai Electric on a given historical date. On October 24, 2024 Shanghai was worth 4.4 at the beginning of the trading date compared to the closed value of 4.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Electric pink sheet. Still, in general, we apply an absolute valuation method to find Shanghai Electric'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 Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Electric's related companies.
| Open | High | Low | Close | Volume | |
| 4.40 | 4.40 | 4.40 | 4.40 | 1.00 | |
10/24/2024 | 4.40 | 4.40 | 4.40 | 4.40 | 1.00 |
| 6.20 | 6.50 | 5.90 | 6.49 | 1,875 |
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Shanghai Electric Trading Date Momentum on October 24, 2024
| On October 25 2024 Shanghai Electric Group was traded for 6.49 at the closing time. The highest daily price throughout the period was 6.50 and the lowest price was 5.90 . The daily volume was 1.9 K. The net trading volume on 10/25/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 47.50% . The trading price change to current closing price is 28.41% . |
Shanghai Electric Fundamentals Correlations and Trends
By evaluating Shanghai Electric'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 Electric'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 Electric Pink Sheet history
Shanghai Electric 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 Electric 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 Electric stock prices may prove useful in developing a viable investing in Shanghai Electric
Shanghai Electric Group Company Limited, an equipment manufacturing conglomerate, provides clean energy, new energy and environmental protection, and industrial equipment, and modern services in the Peoples Republic of China. Shanghai Electric Group Company Limited is a subsidiary of Shanghai Electric Corporation. Shanghai Electric is traded on OTC Exchange in the United States.
Shanghai Electric Pink Sheet Technical Analysis
Shanghai Electric technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Shanghai Electric Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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Shanghai Electric December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanghai Electric pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanghai Electric shares will generate the highest return on investment. By undertsting and applying Shanghai Electric pink sheet market strength indicators, traders can identify Shanghai Electric Group entry and exit signals to maximize returns
Shanghai Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Electric's price direction in advance. Along with the technical and fundamental analysis of Shanghai Pink Sheet 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.
| Risk Adjusted Performance | 0.1113 | |||
| Jensen Alpha | 1.68 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.1548 | |||
| Treynor Ratio | (0.86) |
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| Statistic Functions | ||
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| Volume Indicators |
Additional Tools for Shanghai Pink Sheet Analysis
When running Shanghai Electric's price analysis, check to measure Shanghai Electric'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 Electric is operating at the current time. Most of Shanghai Electric's value examination focuses on studying past and present price action to predict the probability of Shanghai Electric'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 Electric's price. Additionally, you may evaluate how the addition of Shanghai Electric to your portfolios can decrease your overall portfolio volatility.