Shenzhen Worldunion (China) Price on December 2, 2024
| 002285 Stock | 3.51 0.18 5.41% |
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shenzhen Worldunion stands at 3.51, as last reported on the 4th of December, with the highest price reaching 3.51 and the lowest price hitting 3.29 during the day. Shenzhen Worldunion is very risky given 3 months investment horizon. Shenzhen Worldunion 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. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.15% are justified by taking the suggested risk. Use Shenzhen Worldunion Risk Adjusted Performance of 0.1764, coefficient of variation of 454.56, and Semi Deviation of 3.85 to evaluate company specific risk that cannot be diversified away.
Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shenzhen |
Sharpe Ratio = 0.22
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002285 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.24 actual daily | 46 54% of assets are more volatile |
Expected Return
| 1.15 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Shenzhen Worldunion 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 Shenzhen Worldunion by adding it to a well-diversified portfolio.
Shenzhen Worldunion Valuation on December 2, 2024
It is possible to determine the worth of Shenzhen Worldunion on a given historical date. On December 2, 2024 Shenzhen was worth 3.15 at the beginning of the trading date compared to the closed value of 3.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen Worldunion stock. Still, in general, we apply an absolute valuation method to find Shenzhen Worldunion'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 Worldunion where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen Worldunion's related companies.
| Open | High | Low | Close | Volume | |
| 3.04 | 3.20 | 3.02 | 3.15 | 83,928,760 | |
12/02/2024 | 3.15 | 3.45 | 3.11 | 3.33 | 124,696,700 |
| 3.33 | 3.51 | 3.29 | 3.51 | 187,439,132 |
| Backtest Shenzhen Worldunion | | | Shenzhen Worldunion History | | | Shenzhen Worldunion Valuation | Previous | Next |
Shenzhen Worldunion Trading Date Momentum on December 2, 2024
| On December 03 2024 Shenzhen Worldunion Properties was traded for 3.51 at the closing time. The highest price during the trading period was 3.51 and the lowest recorded bid was listed for 3.29 . The volume for the day was 187.4 M. This history from December 3, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 5.41% . The trading price change to the current price is 0.00% . |
Shenzhen Worldunion Fundamentals Correlations and Trends
By evaluating Shenzhen Worldunion'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 Worldunion'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 Worldunion Stock history
Shenzhen Worldunion 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 Worldunion 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 Worldunion stock prices may prove useful in developing a viable investing in Shenzhen Worldunion
Shenzhen Worldunion Stock Technical Analysis
Shenzhen Worldunion 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 Worldunion Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Shenzhen Worldunion Properties 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 Worldunion December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen Worldunion 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 Worldunion shares will generate the highest return on investment. By undertsting and applying Shenzhen Worldunion stock market strength indicators, traders can identify Shenzhen Worldunion Properties entry and exit signals to maximize returns
Shenzhen Worldunion Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen Worldunion'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 | 0.1764 | |||
| Jensen Alpha | 1.27 | |||
| Total Risk Alpha | 0.4327 | |||
| Sortino Ratio | 0.2109 | |||
| Treynor Ratio | (0.93) |
| 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 Worldunion's price analysis, check to measure Shenzhen Worldunion'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 Worldunion is operating at the current time. Most of Shenzhen Worldunion's value examination focuses on studying past and present price action to predict the probability of Shenzhen Worldunion'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 Worldunion's price. Additionally, you may evaluate how the addition of Shenzhen Worldunion to your portfolios can decrease your overall portfolio volatility.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |