Shandong Polymer (China) Price on September 9, 2024
| 002476 Stock | 4.85 0.06 1.22% |
Below is the normalized historical share price chart for Shandong Polymer Biochemicals extending back to September 15, 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 Shandong Polymer stands at 4.85, as last reported on the 11th of December 2024, with the highest price reaching 5.06 and the lowest price hitting 4.83 during the day.
If you're considering investing in Shandong Stock, it is important to understand the factors that can impact its price. Shandong Polymer appears to be moderately volatile, given 3 months investment horizon. Shandong Polymer Bio 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 Shandong Polymer's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please review Shandong Polymer's Risk Adjusted Performance of 0.1172, semi deviation of 2.63, and Coefficient Of Variation of 659.65 to confirm if our risk estimates are consistent with your expectations.
At present, Shandong Polymer's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 1.1 B, whereas Total Stockholder Equity is forecasted to decline to about 852.9 M. . Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of September 2010 | 200 Day MA 4.1782 | 50 Day MA 4.0742 | Beta 0.19 |
Shandong |
Sharpe Ratio = 0.1983
| Best Portfolio | Best Equity | |||
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| Small Returns | 002476 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.32 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Shandong Polymer is performing at about 15% 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 Shandong Polymer by adding it to a well-diversified portfolio.
Price Book 3.4019 | Enterprise Value Ebitda 76.0479 | Price Sales 6.4149 | Shares Float 476.9 M | Dividend Share 0.01 |
Shandong Polymer Valuation on September 9, 2024
It is possible to determine the worth of Shandong Polymer on a given historical date. On September 9, 2024 Shandong was worth 3.5 at the beginning of the trading date compared to the closed value of 3.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shandong Polymer stock. Still, in general, we apply an absolute valuation method to find Shandong Polymer'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 Shandong Polymer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shandong Polymer's related companies.
| Open | High | Low | Close | Volume | |
| 3.55 | 3.57 | 3.48 | 3.51 | 4,866,100 | |
09/09/2024 | 3.50 | 3.55 | 3.45 | 3.53 | 4,775,600 |
| 3.53 | 3.58 | 3.47 | 3.52 | 4,475,500 |
| Backtest Shandong Polymer | | | Shandong Polymer History | | | Shandong Polymer Valuation | Previous | Next |
Shandong Polymer Trading Date Momentum on September 9, 2024
| On September 10 2024 Shandong Polymer Biochemicals was traded for 3.52 at the closing time. The highest price during the trading period was 3.58 and the lowest recorded bid was listed for 3.47 . The volume for the day was 4.5 M. This history from September 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.28% . The trading price change to the current price is 3.12% . |
Shandong Polymer Bio Fundamentals Correlations and Trends
By evaluating Shandong Polymer'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 Shandong Polymer's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shandong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shandong Polymer Stock history
Shandong Polymer 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 Shandong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shandong Polymer Bio 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 Shandong Polymer stock prices may prove useful in developing a viable investing in Shandong Polymer
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 608.5 M | 613.2 M | |
| Net Income Applicable To Common Shares | 26.7 M | 15.5 M |
Shandong Polymer Quarterly Net Working Capital |
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Shandong Polymer Stock Technical Analysis
Shandong Polymer 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
Shandong Polymer Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Shandong Polymer Biochemicals 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.
Shandong Polymer December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Shandong Polymer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shandong Polymer shares will generate the highest return on investment. By undertsting and applying Shandong Polymer stock market strength indicators, traders can identify Shandong Polymer Biochemicals entry and exit signals to maximize returns
Shandong Polymer Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shandong Polymer's price direction in advance. Along with the technical and fundamental analysis of Shandong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shandong 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 | 0.1172 | |||
| Jensen Alpha | 0.4103 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1125 | |||
| Treynor Ratio | 0.9626 |
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| Volume Indicators |
Complementary Tools for Shandong Stock analysis
When running Shandong Polymer's price analysis, check to measure Shandong Polymer'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 Shandong Polymer is operating at the current time. Most of Shandong Polymer's value examination focuses on studying past and present price action to predict the probability of Shandong Polymer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shandong Polymer's price. Additionally, you may evaluate how the addition of Shandong Polymer to your portfolios can decrease your overall portfolio volatility.
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