Shenyang Chemical (China) Price on October 11, 2023
| 000698 Stock | 3.85 0.03 0.77% |
Below is the normalized historical share price chart for Shenyang Chemical Industry extending back to February 20, 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 Shenyang Chemical stands at 3.85, as last reported on the 11th of December 2024, with the highest price reaching 4.02 and the lowest price hitting 3.83 during the day.
If you're considering investing in Shenyang Stock, it is important to understand the factors that can impact its price. Shenyang Chemical appears to be unstable, given 3 months investment horizon. Shenyang Chemical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. By inspecting Shenyang Chemical's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please review Shenyang Chemical's Risk Adjusted Performance of 0.1518, coefficient of variation of 500.94, and Semi Deviation of 2.34 to confirm if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 3 B, whereas Common Stock is forecasted to decline to about 689.1 M. . Shenyang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of January 1997 | 200 Day MA 3.2556 | 50 Day MA 3.3648 | Beta 1.495 |
Shenyang |
Sharpe Ratio = 0.2421
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 000698 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.2 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Shenyang Chemical is performing at about 19% 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 Shenyang Chemical by adding it to a well-diversified portfolio.
Price Book 2.3279 | Enterprise Value Ebitda (12.62) | Price Sales 0.6034 | Shares Float 428.1 M | Wall Street Target Price 11.78 |
Shenyang Chemical Valuation on October 11, 2023
It is possible to determine the worth of Shenyang Chemical on a given historical date. On October 11, 2023 Shenyang was worth 4.08 at the beginning of the trading date compared to the closed value of 3.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenyang Chemical stock. Still, in general, we apply an absolute valuation method to find Shenyang Chemical'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 Shenyang Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenyang Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 4.04 | 4.10 | 4.03 | 4.04 | 4,104,000 | |
10/11/2023 | 4.08 | 4.08 | 3.97 | 3.97 | 6,171,515 |
| 3.98 | 4.03 | 3.98 | 4.02 | 4,883,251 |
| Backtest Shenyang Chemical | | | Shenyang Chemical History | | | Shenyang Chemical Valuation | Previous | Next |
Shenyang Chemical Trading Date Momentum on October 11, 2023
| On October 12 2023 Shenyang Chemical Industry was traded for 4.02 at the closing time. The highest price during the trading period was 4.03 and the lowest recorded bid was listed for 3.98 . The volume for the day was 4.9 M. This history from October 12, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.26% . The trading price change to the current price is 2.27% . |
Shenyang Chemical Fundamentals Correlations and Trends
By evaluating Shenyang Chemical'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 Shenyang Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shenyang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shenyang Chemical Stock history
Shenyang Chemical 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 Shenyang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenyang Chemical 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 Shenyang Chemical stock prices may prove useful in developing a viable investing in Shenyang Chemical
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 737.6 M | 655.6 M | |
| Net Loss | -1.6 B | -1.5 B |
Shenyang Chemical Stock Technical Analysis
Shenyang Chemical 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
Shenyang Chemical Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Shenyang Chemical Industry 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.
Shenyang Chemical December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenyang Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shenyang Chemical shares will generate the highest return on investment. By undertsting and applying Shenyang Chemical stock market strength indicators, traders can identify Shenyang Chemical Industry entry and exit signals to maximize returns
Shenyang Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenyang Chemical's price direction in advance. Along with the technical and fundamental analysis of Shenyang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shenyang 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 | 0.1518 | |||
| Jensen Alpha | 0.6381 | |||
| Total Risk Alpha | 0.1152 | |||
| Sortino Ratio | 0.1764 | |||
| Treynor Ratio | (1.65) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shenyang Stock analysis
When running Shenyang Chemical's price analysis, check to measure Shenyang Chemical'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 Shenyang Chemical is operating at the current time. Most of Shenyang Chemical's value examination focuses on studying past and present price action to predict the probability of Shenyang Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenyang Chemical's price. Additionally, you may evaluate how the addition of Shenyang Chemical to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |