Shenzhen MYS (China) Price on November 5, 2024
| 002303 Stock | 3.75 0.04 1.06% |
Below is the normalized historical share price chart for Shenzhen MYS Environmental extending back to November 03, 2009. 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 MYS stands at 3.75, as last reported on the 1st of December, with the highest price reaching 3.83 and the lowest price hitting 3.70 during the day.
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. Shenzhen MYS appears to be unstable, given 3 months investment horizon. Shenzhen MYS Environ 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 Shenzhen MYS's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please review Shenzhen MYS's Semi Deviation of 2.99, risk adjusted performance of 0.1644, and Coefficient Of Variation of 488.19 to confirm if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 691.6 M, whereas Total Stockholder Equity is forecasted to decline to about 3.1 B. . Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of November 2009 | 200 Day MA 2.896 | 50 Day MA 3.1628 | Beta 0.421 |
Shenzhen |
Sharpe Ratio = 0.2245
| Best Portfolio | Best Equity | |||
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| Small Returns | 002303 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Shenzhen MYS 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 MYS by adding it to a well-diversified portfolio.
Price Book 1.2473 | Enterprise Value Ebitda 15.8849 | Price Sales 1.5073 | Shares Float 731 M | Dividend Share 0.45 |
Shenzhen MYS Valuation on November 5, 2024
It is possible to determine the worth of Shenzhen MYS on a given historical date. On November 5, 2024 Shenzhen was worth 3.08 at the beginning of the trading date compared to the closed value of 3.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen MYS stock. Still, in general, we apply an absolute valuation method to find Shenzhen MYS'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 MYS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen MYS's related companies.
| Open | High | Low | Close | Volume | |
| 3.08 | 3.09 | 3.03 | 3.09 | 21,004,185 | |
11/05/2024 | 3.08 | 3.22 | 3.07 | 3.22 | 40,650,856 |
| 3.24 | 3.36 | 3.22 | 3.25 | 44,497,959 |
| Backtest Shenzhen MYS | | | Shenzhen MYS History | | | Shenzhen MYS Valuation | Previous | Next |
Shenzhen MYS Trading Date Momentum on November 5, 2024
| On November 06 2024 Shenzhen MYS Environmental was traded for 3.25 at the closing time. The highest price during the trading period was 3.36 and the lowest recorded bid was listed for 3.22 . The volume for the day was 44.5 M. This history from November 6, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.93% . The trading price change to the current price is 2.48% . |
Shenzhen MYS Environ Fundamentals Correlations and Trends
By evaluating Shenzhen MYS'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 MYS'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 MYS Stock history
Shenzhen MYS 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 MYS Environ 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 MYS stock prices may prove useful in developing a viable investing in Shenzhen MYS
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 B | 1.2 B | |
| Net Income Applicable To Common Shares | 113.7 M | 216.7 M |
Shenzhen MYS Quarterly Net Working Capital |
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Shenzhen MYS Stock Technical Analysis
Shenzhen MYS 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 MYS Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Shenzhen MYS Environmental 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 MYS December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen MYS 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 MYS shares will generate the highest return on investment. By undertsting and applying Shenzhen MYS stock market strength indicators, traders can identify Shenzhen MYS Environmental entry and exit signals to maximize returns
Shenzhen MYS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen MYS'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 | 0.1644 | |||
| Jensen Alpha | 0.7617 | |||
| Total Risk Alpha | 0.1233 | |||
| Sortino Ratio | 0.1522 | |||
| Treynor Ratio | (1.77) |
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| Volume Indicators |
Complementary Tools for Shenzhen Stock analysis
When running Shenzhen MYS's price analysis, check to measure Shenzhen MYS'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 MYS is operating at the current time. Most of Shenzhen MYS's value examination focuses on studying past and present price action to predict the probability of Shenzhen MYS'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 MYS's price. Additionally, you may evaluate how the addition of Shenzhen MYS to your portfolios can decrease your overall portfolio volatility.
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