Shaanxi Construction (China) Price History

600984 Stock   3.50  0.06  1.69%   
Below is the normalized historical share price chart for Shaanxi Construction Machinery extending back to July 07, 2004. 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 Shaanxi Construction stands at 3.50, as last reported on the 5th of December, with the highest price reaching 3.56 and the lowest price hitting 3.47 during the day.
IPO Date
22nd of June 2004
200 Day MA
2.7957
50 Day MA
3.1932
Beta
0.581
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shaanxi Stock, it is important to understand the factors that can impact its price. Shaanxi Construction appears to be risky, given 3 months investment horizon. Shaanxi Construction owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. By inspecting Shaanxi Construction's technical indicators, you can evaluate if the expected return of 0.9% is justified by implied risk. Please review Shaanxi Construction's Risk Adjusted Performance of 0.1418, coefficient of variation of 552.41, and Semi Deviation of 2.54 to confirm if our risk estimates are consistent with your expectations.
  
At present, Shaanxi Construction's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 1.5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.1 B. . Shaanxi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2177

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns600984
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 4.14
  actual daily
36
64% of assets are more volatile

Expected Return

 0.9
  actual daily
17
83% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
17
83% of assets perform better
Based on monthly moving average Shaanxi Construction is performing at about 17% 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 Shaanxi Construction by adding it to a well-diversified portfolio.
Price Book
0.9654
Enterprise Value Ebitda
124.4149
Price Sales
1.6283
Shares Float
740.6 M
Wall Street Target Price
2.1

Shaanxi Construction Stock Price History Chart

There are several ways to analyze Shaanxi Stock price data. The simplest method is using a basic Shaanxi candlestick price chart, which shows Shaanxi Construction price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 7, 20244.0
Lowest PriceSeptember 18, 20242.13

Shaanxi Construction December 5, 2024 Stock Price Synopsis

Various analyses of Shaanxi Construction's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Shaanxi Stock. It can be used to describe the percentage change in the price of Shaanxi Construction from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Shaanxi Stock.
Shaanxi Construction Price Action Indicator(0.05)
Shaanxi Construction Price Daily Balance Of Power(0.67)
Shaanxi Construction Price Rate Of Daily Change 0.98 

Shaanxi Construction December 5, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Shaanxi Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Shaanxi Construction intraday prices and daily technical indicators to check the level of noise trading in Shaanxi Stock and then apply it to test your longer-term investment strategies against Shaanxi.

Shaanxi Stock Price History Data

The price series of Shaanxi Construction for the period between Fri, Sep 6, 2024 and Thu, Dec 5, 2024 has a statistical range of 1.87 with a coefficient of variation of 20.29. The prices are distributed with arithmetic mean of 2.96. The median price for the last 90 days is 2.97. The company had 1.3:1 stock split on 23rd of June 2022. Shaanxi Construction issued dividends on 2022-06-23.
OpenHighLowCloseVolume
12/05/2024
 3.52  3.56  3.47  3.50 
12/04/2024 3.52  3.56  3.47  3.50  18,428,310 
12/03/2024 3.45  3.59  3.45  3.56  26,098,557 
12/02/2024 3.32  3.51  3.30  3.49  25,299,270 
11/29/2024 3.31  3.35  3.23  3.32  20,458,460 
11/28/2024 3.33  3.36  3.29  3.31  21,158,008 
11/27/2024 3.35  3.39  3.21  3.32  31,169,759 
11/26/2024 3.38  3.42  3.35  3.38  13,456,210 
11/25/2024 3.36  3.43  3.30  3.38  19,069,750 
11/22/2024 3.48  3.58  3.38  3.39  21,442,750 
11/21/2024 3.53  3.55  3.45  3.49  14,363,880 
11/20/2024 3.47  3.58  3.43  3.55  18,066,689 
11/19/2024 3.45  3.59  3.37  3.48  23,425,090 
11/18/2024 3.44  3.53  3.38  3.43  27,572,020 
11/15/2024 3.53  3.59  3.36  3.37  27,638,777 
11/14/2024 3.68  3.70  3.52  3.54  26,542,836 
11/13/2024 3.84  3.84  3.58  3.69  44,471,041 
11/12/2024 3.93  4.04  3.83  3.85  34,409,789 
11/11/2024 3.89  4.00  3.76  3.98  38,594,443 
11/08/2024 4.00  4.00  3.89  3.93  41,233,793 
11/07/2024 3.83  4.15  3.79  4.00  73,913,379 
11/06/2024 3.68  3.99  3.65  3.95  74,929,645 
11/05/2024 3.57  3.76  3.55  3.69  50,986,306 
11/04/2024 3.70  3.78  3.50  3.59  57,714,749 
11/01/2024 3.70  3.89  3.40  3.72  97,790,306 
10/31/2024 3.63  3.87  3.52  3.75  121,202,463 
10/30/2024 3.19  3.52  3.13  3.52  69,111,239 
10/29/2024 3.38  3.40  3.18  3.20  52,348,747 
10/28/2024 3.35  3.56  3.30  3.36  80,158,581 
10/25/2024 3.32  3.53  3.18  3.43  93,242,642 
10/24/2024 3.32  3.41  3.11  3.23  121,278,266 
10/23/2024 2.82  3.10  2.80  3.10  45,493,905 
10/22/2024 2.80  2.86  2.78  2.82  22,389,785 
10/21/2024 2.80  2.89  2.78  2.81  29,733,687 
10/18/2024 2.84  2.88  2.75  2.81  40,604,790 
10/17/2024 2.95  2.95  2.82  2.82  80,176,780 
10/16/2024 2.67  2.97  2.63  2.97  89,132,804 
10/15/2024 2.72  2.86  2.66  2.70  25,971,698 
10/14/2024 2.64  2.77  2.64  2.72  22,076,991 
10/11/2024 2.65  2.72  2.57  2.61  17,403,670 
10/10/2024 2.74  2.79  2.57  2.67  29,955,102 
10/09/2024 2.94  2.94  2.70  2.70  37,404,180 
10/08/2024 3.16  3.16  2.81  3.00  62,656,176 
09/30/2024 2.80  2.90  2.68  2.87  53,900,238 
09/27/2024 2.65  2.70  2.59  2.65  30,955,306 
09/26/2024 2.42  2.62  2.40  2.59  33,942,755 
09/25/2024 2.41  2.52  2.38  2.42  35,651,623 
09/24/2024 2.24  2.43  2.23  2.38  30,155,905 
09/23/2024 2.21  2.22  2.17  2.21  5,077,410 
09/20/2024 2.20  2.22  2.18  2.20  5,428,555 
09/19/2024 2.14  2.22  2.13  2.21  10,207,219 
09/18/2024 2.17  2.17  2.08  2.13  7,416,041 
09/13/2024 2.19  2.21  2.15  2.17  6,428,380 
09/12/2024 2.18  2.24  2.18  2.20  6,660,340 
09/11/2024 2.20  2.21  2.17  2.18  4,693,821 
09/10/2024 2.22  2.25  2.17  2.21  7,418,950 
09/09/2024 2.20  2.22  2.17  2.20  6,083,710 
09/06/2024 2.24  2.25  2.20  2.20  5,215,960 
09/05/2024 2.24  2.25  2.23  2.25  4,529,150 
09/04/2024 2.25  2.26  2.22  2.23  5,413,340 
09/03/2024 2.26  2.26  2.26  2.26  5,730,100 

About Shaanxi Construction Stock history

Shaanxi Construction 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 Shaanxi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shaanxi Construction 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 Shaanxi Construction stock prices may prove useful in developing a viable investing in Shaanxi Construction
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.4 B1.1 B
Net Loss-51.4 M-48.8 M

Shaanxi Construction Stock Technical Analysis

Shaanxi Construction 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 Shaanxi Construction technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shaanxi Construction 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...

Did you try this?

Run Options Analysis Now

   

Options Analysis

Analyze and evaluate options and option chains as a potential hedge for your portfolios
All  Next Launch Module

Shaanxi Construction Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shaanxi Construction's price direction in advance. Along with the technical and fundamental analysis of Shaanxi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shaanxi 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 Shaanxi Stock analysis

When running Shaanxi Construction's price analysis, check to measure Shaanxi Construction'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 Shaanxi Construction is operating at the current time. Most of Shaanxi Construction's value examination focuses on studying past and present price action to predict the probability of Shaanxi Construction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shaanxi Construction's price. Additionally, you may evaluate how the addition of Shaanxi Construction to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Fundamental Analysis
View fundamental data based on most recent published financial statements
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Share Portfolio
Track or share privately all of your investments from the convenience of any device