Shenzhen INVT (China) Price on September 29, 2024
| 002334 Stock | 7.90 0.20 2.47% |
Below is the normalized historical share price chart for Shenzhen INVT Electric extending back to January 13, 2010. 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 INVT stands at 7.90, as last reported on the 12th of December 2024, with the highest price reaching 8.05 and the lowest price hitting 7.77 during the day.
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. Shenzhen INVT appears to be slightly risky, given 3 months investment horizon. Shenzhen INVT Electric 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 Shenzhen INVT's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please review Shenzhen INVT's Coefficient Of Variation of 461.04, risk adjusted performance of 0.1649, and Semi Deviation of 2.06 to confirm if our risk estimates are consistent with your expectations.
At present, Shenzhen INVT's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 842.9 M, whereas Total Stockholder Equity is forecasted to decline to about 1.4 B. . Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of January 2010 | 200 Day MA 6.7013 | 50 Day MA 7.0508 | Beta 0.469 |
Shenzhen |
Sharpe Ratio = 0.2365
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.92 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Shenzhen INVT is performing at about 18% 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 INVT by adding it to a well-diversified portfolio.
Price Book 2.3749 | Enterprise Value Ebitda 24.3515 | Price Sales 1.4456 | Shares Float 643.7 M | Dividend Share 0.06 |
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Shenzhen INVT Valuation on September 29, 2024
It is possible to determine the worth of Shenzhen INVT on a given historical date. On September 29, 2024 Shenzhen was worth 6.01 at the beginning of the trading date compared to the closed value of 6.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen INVT stock. Still, in general, we apply an absolute valuation method to find Shenzhen INVT'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 INVT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen INVT's related companies.
| Open | High | Low | Close | Volume | |
| 5.73 | 5.92 | 5.73 | 5.92 | 13,318,310 | |
09/27/2024 | 6.01 | 6.29 | 6.00 | 6.17 | 24,172,715 |
| 6.38 | 6.79 | 6.33 | 6.78 | 42,860,666 |
| Backtest Shenzhen INVT | | | Shenzhen INVT History | | | Shenzhen INVT Valuation | Previous | Next |
Shenzhen INVT Trading Date Momentum on September 29, 2024
| On September 30 2024 Shenzhen INVT Electric was traded for 6.78 at the closing time. The highest price during the trading period was 6.79 and the lowest recorded bid was listed for 6.33 . The volume for the day was 42.9 M. This history from September 30, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 9.89% . The trading price change to the current price is 20.91% . |
Shenzhen INVT Electric Fundamentals Correlations and Trends
By evaluating Shenzhen INVT'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 INVT'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 INVT Stock history
Shenzhen INVT 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 INVT Electric 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 INVT stock prices may prove useful in developing a viable investing in Shenzhen INVT
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 801.4 M | 842.9 M | |
| Net Income Applicable To Common Shares | 316.2 M | 332 M |
Shenzhen INVT Quarterly Net Working Capital |
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Shenzhen INVT Stock Technical Analysis
Shenzhen INVT 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 INVT Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Shenzhen INVT Electric 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 INVT December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen INVT 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 INVT shares will generate the highest return on investment. By undertsting and applying Shenzhen INVT stock market strength indicators, traders can identify Shenzhen INVT Electric entry and exit signals to maximize returns
Shenzhen INVT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen INVT'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 | 0.1649 | |||
| Jensen Alpha | 0.6436 | |||
| Total Risk Alpha | 0.2027 | |||
| Sortino Ratio | 0.1791 | |||
| Treynor Ratio | (1.14) |
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Complementary Tools for Shenzhen Stock analysis
When running Shenzhen INVT's price analysis, check to measure Shenzhen INVT'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 INVT is operating at the current time. Most of Shenzhen INVT's value examination focuses on studying past and present price action to predict the probability of Shenzhen INVT'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 INVT's price. Additionally, you may evaluate how the addition of Shenzhen INVT to your portfolios can decrease your overall portfolio volatility.
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