Shenzhen Aisidi (China) Price on November 28, 2024
| 002416 Stock | 16.05 0.31 1.89% |
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 Aisidi stands at 16.05, as last reported on the 12th of December 2024, with the highest price reaching 16.65 and the lowest price hitting 15.90 during the day. Shenzhen Aisidi is somewhat reliable given 3 months investment horizon. Shenzhen Aisidi 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. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Shenzhen Aisidi Semi Deviation of 3.95, risk adjusted performance of 0.1636, and Coefficient Of Variation of 468.49 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 = 0.2135
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Estimated Market Risk
| 5.11 actual daily | 45 55% of assets are more volatile |
Expected Return
| 1.09 actual daily | 21 79% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Shenzhen Aisidi 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 Aisidi by adding it to a well-diversified portfolio.
Shenzhen Aisidi Valuation on November 28, 2024
It is possible to determine the worth of Shenzhen Aisidi on a given historical date. On November 28, 2024 Shenzhen was worth 15.71 at the beginning of the trading date compared to the closed value of 15.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen Aisidi stock. Still, in general, we apply an absolute valuation method to find Shenzhen Aisidi'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 Aisidi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen Aisidi's related companies.
| Open | High | Low | Close | Volume | |
| 14.70 | 16.18 | 14.66 | 15.82 | 110,152,627 | |
11/28/2024 | 15.71 | 16.58 | 15.66 | 15.88 | 117,506,749 |
| 15.66 | 15.88 | 15.10 | 15.51 | 89,509,808 |
| Backtest Shenzhen Aisidi | | | Shenzhen Aisidi History | | | Shenzhen Aisidi Valuation | Previous | Next |
Shenzhen Aisidi Trading Date Momentum on November 28, 2024
| On November 29 2024 Shenzhen Aisidi Co was traded for 15.51 at the closing time. The highest price during the trading period was 15.88 and the lowest recorded bid was listed for 15.10 . The volume for the day was 89.5 M. This history from November 29, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.33% . The trading price change to the current price is 4.66% . |
Shenzhen Aisidi Fundamentals Correlations and Trends
By evaluating Shenzhen Aisidi'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 Aisidi'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 Aisidi Stock history
Shenzhen Aisidi 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 Aisidi 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 Aisidi stock prices may prove useful in developing a viable investing in Shenzhen Aisidi
Shenzhen Aisidi Stock Technical Analysis
Shenzhen Aisidi 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 Aisidi Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Shenzhen Aisidi Co 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 Aisidi December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen Aisidi 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 Aisidi shares will generate the highest return on investment. By undertsting and applying Shenzhen Aisidi stock market strength indicators, traders can identify Shenzhen Aisidi Co entry and exit signals to maximize returns
Shenzhen Aisidi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen Aisidi'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 | 0.1636 | |||
| Jensen Alpha | 1.25 | |||
| Total Risk Alpha | 0.365 | |||
| Sortino Ratio | 0.2188 | |||
| Treynor Ratio | (0.66) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shenzhen Stock analysis
When running Shenzhen Aisidi's price analysis, check to measure Shenzhen Aisidi'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 Aisidi is operating at the current time. Most of Shenzhen Aisidi's value examination focuses on studying past and present price action to predict the probability of Shenzhen Aisidi'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 Aisidi's price. Additionally, you may evaluate how the addition of Shenzhen Aisidi to your portfolios can decrease your overall portfolio volatility.
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