Shenzhen MTC (China) Price on June 14, 2024
| 002429 Stock | 5.12 0.03 0.59% |
Below is the normalized historical share price chart for Shenzhen MTC Co extending back to June 10, 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 MTC stands at 5.12, as last reported on the 30th of November, with the highest price reaching 5.16 and the lowest price hitting 5.03 during the day.
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. Shenzhen MTC appears to be moderately volatile, given 3 months investment horizon. Shenzhen MTC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0796, which indicates the firm had a 0.0796% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shenzhen MTC Co, which you can use to evaluate the volatility of the company. Please review Shenzhen MTC's Semi Deviation of 2.47, risk adjusted performance of 0.0588, and Coefficient Of Variation of 1487.79 to confirm if our risk estimates are consistent with your expectations.
As of November 30, 2024, Total Stockholder Equity is expected to decline to about 8.5 B. In addition to that, Common Stock is expected to decline to about 2.8 B. Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of June 2010 | 200 Day MA 4.9905 | 50 Day MA 4.9016 | Beta 0.812 |
Shenzhen |
Sharpe Ratio = 0.0796
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| Small Returns | 002429 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.09 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Shenzhen MTC is performing at about 6% 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 MTC by adding it to a well-diversified portfolio.
Price Book 1.476 | Enterprise Value Ebitda 11.2096 | Price Sales 1.1228 | Shares Float 1.8 B | Dividend Share 0.106 |
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Shenzhen MTC Valuation on June 14, 2024
It is possible to determine the worth of Shenzhen MTC on a given historical date. On June 14, 2024 Shenzhen was worth 4.79 at the beginning of the trading date compared to the closed value of 4.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen MTC stock. Still, in general, we apply an absolute valuation method to find Shenzhen MTC'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 MTC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen MTC's related companies.
| Open | High | Low | Close | Volume | |
| 4.76 | 4.88 | 4.76 | 4.80 | 28,374,321 | |
06/14/2024 | 4.79 | 4.87 | 4.75 | 4.84 | 27,379,767 |
| 4.82 | 4.85 | 4.80 | 4.80 | 21,420,163 |
| Backtest Shenzhen MTC | | | Shenzhen MTC History | | | Shenzhen MTC Valuation | Previous | Next |
Shenzhen MTC Trading Date Momentum on June 14, 2024
| On June 17 2024 Shenzhen MTC Co was traded for 4.80 at the closing time. The highest price during the trading period was 4.85 and the lowest recorded bid was listed for 4.80 . The volume for the day was 21.4 M. This history from June 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.83% . The trading price change to the current price is 3.10% . |
Shenzhen MTC Fundamentals Correlations and Trends
By evaluating Shenzhen MTC'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 MTC'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 MTC Stock history
Shenzhen MTC 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 MTC 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 MTC stock prices may prove useful in developing a viable investing in Shenzhen MTC
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.1 B | 3.6 B | |
| Net Income Applicable To Common Shares | 1.3 B | 737.7 M |
Shenzhen MTC Quarterly Net Working Capital |
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Shenzhen MTC Stock Technical Analysis
Shenzhen MTC 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 MTC Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Shenzhen MTC 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 MTC November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen MTC 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 MTC shares will generate the highest return on investment. By undertsting and applying Shenzhen MTC stock market strength indicators, traders can identify Shenzhen MTC Co entry and exit signals to maximize returns
Shenzhen MTC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen MTC'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 | 0.0588 | |||
| Jensen Alpha | 0.2382 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0226 | |||
| Treynor Ratio | (0.48) |
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shenzhen Stock analysis
When running Shenzhen MTC's price analysis, check to measure Shenzhen MTC'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 MTC is operating at the current time. Most of Shenzhen MTC's value examination focuses on studying past and present price action to predict the probability of Shenzhen MTC'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 MTC's price. Additionally, you may evaluate how the addition of Shenzhen MTC to your portfolios can decrease your overall portfolio volatility.
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