Shanghai Metersbonwe (China) Price on November 29, 2024

002269 Stock   2.02  0.18  9.78%   
Below is the normalized historical share price chart for Shanghai Metersbonwe FashionAccessories extending back to August 28, 2008. 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 Shanghai Metersbonwe stands at 2.02, as last reported on the 30th of November, with the highest price reaching 2.02 and the lowest price hitting 1.81 during the day.
IPO Date
14th of August 2008
200 Day MA
1.4904
50 Day MA
1.6798
Beta
0.089
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. Shanghai Metersbonwe appears to be very risky, given 3 months investment horizon. Shanghai Metersbonwe owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. By inspecting Shanghai Metersbonwe's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please review Shanghai Metersbonwe's Risk Adjusted Performance of 0.1578, coefficient of variation of 509.41, and Semi Deviation of 2.16 to confirm if our risk estimates are consistent with your expectations.
  
As of November 30, 2024, Total Stockholder Equity is expected to decline to about 428.5 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 2.6 B. Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2081

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Estimated Market Risk

 3.51
  actual daily
31
69% of assets are more volatile

Expected Return

 0.73
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average Shanghai Metersbonwe is performing at about 16% 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 Metersbonwe by adding it to a well-diversified portfolio.
Price Book
9.6702
Enterprise Value Ebitda
64.6872
Price Sales
4.8632
Shares Float
1.4 B
Wall Street Target Price
2.96

Shanghai Metersbonwe Valuation on November 29, 2024

It is possible to determine the worth of Shanghai Metersbonwe on a given historical date. On November 29, 2024 Shanghai was worth 1.82 at the beginning of the trading date compared to the closed value of 2.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Metersbonwe stock. Still, in general, we apply an absolute valuation method to find Shanghai Metersbonwe'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 Metersbonwe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Metersbonwe's related companies.
 Open High Low Close Volume
  1.75    1.89    1.74    1.84    211,222,764  
11/29/2024
  1.82    2.02    1.81    2.02    368,342,355  
Backtest Shanghai Metersbonwe  |  Shanghai Metersbonwe History  |  Shanghai Metersbonwe Valuation   Previous
Open Value
1.82
2.02
Closing Value
12.36
Upside

Shanghai Metersbonwe Trading Date Momentum on November 29, 2024

On November 29 2024 Shanghai Metersbonwe FashionAccessories was traded for  2.02  at the closing time. The highest price during the trading period was 2.02  and the lowest recorded bid was listed for  1.81 . The volume for the day was 368.3 M. This history from November 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 9.90% .

Shanghai Metersbonwe Fundamentals Correlations and Trends

By evaluating Shanghai Metersbonwe'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 Metersbonwe'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 Metersbonwe Stock history

Shanghai Metersbonwe 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 Metersbonwe 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 Metersbonwe stock prices may prove useful in developing a viable investing in Shanghai Metersbonwe
Last ReportedProjected for Next Year
Common Stock Shares Outstanding3.2 B2.6 B
Net Loss-740.5 M-703.5 M

Shanghai Metersbonwe Stock Technical Analysis

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

Price Boundaries

Shanghai Metersbonwe Period Price Range

Low
November 30, 2024
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High

 0.00 

     

 0.00 

Shanghai Metersbonwe FashionAccessories 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.

Shanghai Metersbonwe November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Shanghai Metersbonwe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanghai Metersbonwe shares will generate the highest return on investment. By undertsting and applying Shanghai Metersbonwe stock market strength indicators, traders can identify Shanghai Metersbonwe FashionAccessories entry and exit signals to maximize returns

Shanghai Metersbonwe Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shanghai Metersbonwe's price direction in advance. Along with the technical and fundamental analysis of Shanghai Stock 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.

Complementary Tools for Shanghai Stock analysis

When running Shanghai Metersbonwe's price analysis, check to measure Shanghai Metersbonwe'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 Metersbonwe is operating at the current time. Most of Shanghai Metersbonwe's value examination focuses on studying past and present price action to predict the probability of Shanghai Metersbonwe'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 Metersbonwe's price. Additionally, you may evaluate how the addition of Shanghai Metersbonwe to your portfolios can decrease your overall portfolio volatility.
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