Shenzhen Agricultural (China) Price on August 30, 2024
| 000061 Stock | 7.73 0.01 0.13% |
Below is the normalized historical share price chart for Shenzhen Agricultural Products extending back to January 10, 1997. 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 Shenzhen Agricultural stands at 7.73, as last reported on the 29th of November, with the highest price reaching 7.93 and the lowest price hitting 7.46 during the day.
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. Shenzhen Agricultural appears to be somewhat reliable, given 3 months investment horizon. Shenzhen Agricultural owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.3, which indicates the firm had a 0.3% return per unit of risk over the last 3 months. By inspecting Shenzhen Agricultural's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please review Shenzhen Agricultural's Semi Deviation of 1.46, coefficient of variation of 354.46, and Risk Adjusted Performance of 0.2228 to confirm if our risk estimates are consistent with your expectations.
As of November 29, 2024, Total Stockholder Equity is expected to decline to about 3.8 B. In addition to that, Common Stock is expected to decline to about 1.1 B. Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of December 1996 | 200 Day MA 5.7853 | 50 Day MA 6.403 | Beta 0.356 |
Shenzhen |
Sharpe Ratio = 0.2972
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 000061 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Shenzhen Agricultural is performing at about 23% 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 Shenzhen Agricultural by adding it to a well-diversified portfolio.
Price Book 2.1052 | Enterprise Value Ebitda 17.6911 | Price Sales 2.5246 | Shares Float 544.6 M | Dividend Share 0.11 |
Shenzhen Agricultural Valuation on August 30, 2024
It is possible to determine the worth of Shenzhen Agricultural on a given historical date. On August 30, 2024 Shenzhen was worth 5.17 at the beginning of the trading date compared to the closed value of 5.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen Agricultural stock. Still, in general, we apply an absolute valuation method to find Shenzhen Agricultural'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 Shenzhen Agricultural where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen Agricultural's related companies.
| Open | High | Low | Close | Volume | |
| 5.10 | 5.16 | 5.07 | 5.14 | 3,250,600 | |
08/30/2024 | 5.17 | 5.19 | 5.08 | 5.12 | 5,896,400 |
| 5.15 | 5.31 | 5.14 | 5.23 | 9,978,092 |
| Backtest Shenzhen Agricultural | | | Shenzhen Agricultural History | | | Shenzhen Agricultural Valuation | Previous | Next |
Shenzhen Agricultural Trading Date Momentum on August 30, 2024
| On September 02 2024 Shenzhen Agricultural Products was traded for 5.23 at the closing time. The highest price during the trading period was 5.31 and the lowest recorded bid was listed for 5.14 . The volume for the day was 10 M. This history from September 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.15% . The trading price change to the current price is 3.13% . |
Shenzhen Agricultural Fundamentals Correlations and Trends
By evaluating Shenzhen Agricultural'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 Shenzhen Agricultural's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shenzhen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shenzhen Agricultural Stock history
Shenzhen Agricultural 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 Shenzhen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenzhen Agricultural 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 Shenzhen Agricultural stock prices may prove useful in developing a viable investing in Shenzhen Agricultural
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.5 B | 1.4 B | |
| Net Income Applicable To Common Shares | 229.6 M | 137.2 M |
Shenzhen Agricultural Stock Technical Analysis
Shenzhen Agricultural 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
Shenzhen Agricultural Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Shenzhen Agricultural Products cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen 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.
Shenzhen Agricultural November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen Agricultural stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenzhen Agricultural shares will generate the highest return on investment. By undertsting and applying Shenzhen Agricultural stock market strength indicators, traders can identify Shenzhen Agricultural Products entry and exit signals to maximize returns
Shenzhen Agricultural Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen Agricultural's price direction in advance. Along with the technical and fundamental analysis of Shenzhen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shenzhen 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 | 0.2228 | |||
| Jensen Alpha | 0.615 | |||
| Total Risk Alpha | 0.2891 | |||
| Sortino Ratio | 0.2354 | |||
| Treynor Ratio | 4.4 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shenzhen Stock analysis
When running Shenzhen Agricultural's price analysis, check to measure Shenzhen Agricultural'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 Shenzhen Agricultural is operating at the current time. Most of Shenzhen Agricultural's value examination focuses on studying past and present price action to predict the probability of Shenzhen Agricultural's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenzhen Agricultural's price. Additionally, you may evaluate how the addition of Shenzhen Agricultural to your portfolios can decrease your overall portfolio volatility.
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