Penghua Shenzhen (China) Price on September 30, 2024
180401 Stock | 6.01 0.01 0.17% |
If you're considering investing in Penghua Stock, it is important to understand the factors that can impact its price. As of today, the current price of Penghua Shenzhen stands at 6.01, as last reported on the 27th of November, with the highest price reaching 6.02 and the lowest price hitting 6.00 during the day. Penghua Shenzhen Energy maintains Sharpe Ratio (i.e., Efficiency) of -0.0367, which implies the firm had a -0.0367% return per unit of risk over the last 3 months. Penghua Shenzhen Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Penghua Shenzhen's Variance of 0.2816, coefficient of variation of (845.56), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
Penghua Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Penghua |
Sharpe Ratio = -0.0367
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Negative Returns | 180401 |
Estimated Market Risk
0.51 actual daily | 4 96% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Penghua Shenzhen is not performing at its full potential. However, 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 Penghua Shenzhen by adding Penghua Shenzhen to a well-diversified portfolio.
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Penghua Shenzhen Valuation on September 30, 2024
It is possible to determine the worth of Penghua Shenzhen on a given historical date. On September 30, 2024 Penghua was worth 5.94 at the beginning of the trading date compared to the closed value of 5.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Penghua Shenzhen stock. Still, in general, we apply an absolute valuation method to find Penghua Shenzhen'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 Penghua Shenzhen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Penghua Shenzhen's related companies.
Open | High | Low | Close | Volume | |
6.00 | 6.00 | 5.93 | 5.94 | 2,704,088 | |
09/30/2024 | 5.94 | 5.94 | 5.81 | 5.86 | 4,792,072 |
5.86 | 5.86 | 5.77 | 5.84 | 5,180,714 |
Backtest Penghua Shenzhen | | | Penghua Shenzhen History | Previous | Next |
Penghua Shenzhen Trading Date Momentum on September 30, 2024
On October 08 2024 Penghua Shenzhen Energy was traded for 5.84 at the closing time. The highest price during the trading period was 5.86 and the lowest recorded bid was listed for 5.77 . The volume for the day was 5.2 M. This history from October 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.34% . The trading delta at closing time to the current price is 0.00% . |
About Penghua Shenzhen Stock history
Penghua Shenzhen 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 Penghua is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Penghua Shenzhen Energy 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 Penghua Shenzhen stock prices may prove useful in developing a viable investing in Penghua Shenzhen
Penghua Shenzhen Stock Technical Analysis
Penghua Shenzhen 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
Penghua Shenzhen Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Penghua Shenzhen Energy 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.
Penghua Shenzhen November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Penghua Shenzhen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Penghua Shenzhen shares will generate the highest return on investment. By undertsting and applying Penghua Shenzhen stock market strength indicators, traders can identify Penghua Shenzhen Energy entry and exit signals to maximize returns
Penghua Shenzhen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Penghua Shenzhen's price direction in advance. Along with the technical and fundamental analysis of Penghua Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Penghua 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 | (0.09) | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (0.16) | |||
Treynor Ratio | (1.13) |
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Math Transform | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Penghua Stock analysis
When running Penghua Shenzhen's price analysis, check to measure Penghua Shenzhen'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 Penghua Shenzhen is operating at the current time. Most of Penghua Shenzhen's value examination focuses on studying past and present price action to predict the probability of Penghua Shenzhen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Penghua Shenzhen's price. Additionally, you may evaluate how the addition of Penghua Shenzhen to your portfolios can decrease your overall portfolio volatility.
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