Shenzhen New (China) Price on August 30, 2024
| 002314 Stock | 2.74 0.10 3.79% |
Below is the normalized historical share price chart for Shenzhen New Nanshan extending back to December 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 New stands at 2.74, as last reported on the 3rd of December, with the highest price reaching 2.76 and the lowest price hitting 2.65 during the day.
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. Shenzhen New appears to be risky, given 3 months investment horizon. Shenzhen New Nanshan owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. By inspecting Shenzhen New's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please review Shenzhen New's Risk Adjusted Performance of 0.1568, coefficient of variation of 511.75, and Semi Deviation of 2.54 to confirm if our risk estimates are consistent with your expectations.
As of December 3, 2024, Total Stockholder Equity is expected to decline to about 6.2 B. In addition to that, Common Stock is expected to decline to about 1.7 B. Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of December 2009 | 200 Day MA 2.335 | 50 Day MA 2.482 | Beta 0.918 |
Shenzhen |
Sharpe Ratio = 0.2035
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| Small Returns | 002314 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.18 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Shenzhen New 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 Shenzhen New by adding it to a well-diversified portfolio.
Price Book 0.7488 | Enterprise Value Ebitda 46.3203 | Price Sales 1.0974 | Shares Float 847.2 M | Wall Street Target Price 9.6 |
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Shenzhen New Valuation on August 30, 2024
It is possible to determine the worth of Shenzhen New on a given historical date. On August 30, 2024 Shenzhen was worth 1.86 at the beginning of the trading date compared to the closed value of 1.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen New stock. Still, in general, we apply an absolute valuation method to find Shenzhen New'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 New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen New's related companies.
| Open | High | Low | Close | Volume | |
| 1.86 | 1.87 | 1.83 | 1.86 | 10,513,510 | |
08/30/2024 | 1.86 | 2.00 | 1.85 | 1.95 | 26,293,287 |
| 1.95 | 1.98 | 1.92 | 1.96 | 18,109,328 |
| Backtest Shenzhen New | | | Shenzhen New History | | | Shenzhen New Valuation | Previous | Next |
Shenzhen New Trading Date Momentum on August 30, 2024
| On September 02 2024 Shenzhen New Nanshan was traded for 1.96 at the closing time. The highest price during the trading period was 1.98 and the lowest recorded bid was listed for 1.92 . The volume for the day was 18.1 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 0.51% . The trading price change to the current price is 1.03% . |
Shenzhen New Nanshan Fundamentals Correlations and Trends
By evaluating Shenzhen New'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 New'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 New Stock history
Shenzhen New 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 New Nanshan 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 New stock prices may prove useful in developing a viable investing in Shenzhen New
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.1 B | 2.8 B | |
| Net Income Applicable To Common Shares | 782.5 M | 513.6 M |
Shenzhen New Quarterly Net Working Capital |
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Shenzhen New Stock Technical Analysis
Shenzhen New 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 New Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Shenzhen New Nanshan 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 New December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen New 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 New shares will generate the highest return on investment. By undertsting and applying Shenzhen New stock market strength indicators, traders can identify Shenzhen New Nanshan entry and exit signals to maximize returns
Shenzhen New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen New'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 | 0.1568 | |||
| Jensen Alpha | 0.6171 | |||
| Total Risk Alpha | 0.1315 | |||
| Sortino Ratio | 0.1633 | |||
| Treynor Ratio | (2.83) |
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| Volume Indicators |
Complementary Tools for Shenzhen Stock analysis
When running Shenzhen New's price analysis, check to measure Shenzhen New'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 New is operating at the current time. Most of Shenzhen New's value examination focuses on studying past and present price action to predict the probability of Shenzhen New'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 New's price. Additionally, you may evaluate how the addition of Shenzhen New to your portfolios can decrease your overall portfolio volatility.
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