Songcheng Performance (China) Price on April 30, 2024
| 300144 Stock | 9.20 0.01 0.11% |
Below is the normalized historical share price chart for Songcheng Performance Develop extending back to December 09, 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 Songcheng Performance stands at 9.20, as last reported on the 27th of November, with the highest price reaching 9.46 and the lowest price hitting 9.13 during the day.
If you're considering investing in Songcheng Stock, it is important to understand the factors that can impact its price. Songcheng Performance appears to be slightly risky, given 3 months investment horizon. Songcheng Performance owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Songcheng Performance Develop, which you can use to evaluate the volatility of the company. Please review Songcheng Performance's Coefficient Of Variation of 1452.68, semi deviation of 2.91, and Risk Adjusted Performance of 0.0607 to confirm if our risk estimates are consistent with your expectations.
At present, Songcheng Performance's Common Stock 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 2.9 B, whereas Total Stockholder Equity is forecasted to decline to about 5.3 B. . Songcheng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 9th of December 2010 | 200 Day MA 9.3261 | 50 Day MA 8.7564 | Beta 0.889 |
Songcheng |
Sharpe Ratio = 0.1025
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300144 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.32 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Songcheng Performance is performing at about 8% 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 Songcheng Performance by adding it to a well-diversified portfolio.
Price Book 2.9932 | Enterprise Value Ebitda 58.9445 | Price Sales 10.3799 | Shares Float 1.4 B | Dividend Share 0.1 |
Songcheng Performance Valuation on April 30, 2024
It is possible to determine the worth of Songcheng Performance on a given historical date. On April 30, 2024 Songcheng was worth 10.64 at the beginning of the trading date compared to the closed value of 10.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Songcheng Performance stock. Still, in general, we apply an absolute valuation method to find Songcheng Performance'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 Songcheng Performance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Songcheng Performance's related companies.
| Open | High | Low | Close | Volume | |
| 10.24 | 10.74 | 10.21 | 10.72 | 50,435,305 | |
04/30/2024 | 10.64 | 10.80 | 10.44 | 10.73 | 31,798,836 |
| 10.62 | 10.85 | 10.51 | 10.55 | 40,460,218 |
| Backtest Songcheng Performance | | | Songcheng Performance History | | | Songcheng Performance Valuation | Previous | Next |
Songcheng Performance Trading Date Momentum on April 30, 2024
| On May 06 2024 Songcheng Performance Develop was traded for 10.55 at the closing time. The highest price during the trading period was 10.85 and the lowest recorded bid was listed for 10.51 . The volume for the day was 40.5 M. This history from May 6, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.68% . The trading price change to the current price is 1.68% . |
Songcheng Performance Fundamentals Correlations and Trends
By evaluating Songcheng Performance'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 Songcheng Performance's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Songcheng financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Songcheng Performance Stock history
Songcheng Performance 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 Songcheng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Songcheng Performance 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 Songcheng Performance stock prices may prove useful in developing a viable investing in Songcheng Performance
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.6 B | 2.9 B | |
| Net Income Applicable To Common Shares | 11.1 M | 10.6 M |
Songcheng Performance Quarterly Net Working Capital |
|
Songcheng Performance Stock Technical Analysis
Songcheng Performance 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
Songcheng Performance Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Songcheng Performance Develop 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.
Songcheng Performance November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Songcheng Performance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Songcheng Performance shares will generate the highest return on investment. By undertsting and applying Songcheng Performance stock market strength indicators, traders can identify Songcheng Performance Develop entry and exit signals to maximize returns
Songcheng Performance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Songcheng Performance's price direction in advance. Along with the technical and fundamental analysis of Songcheng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Songcheng 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 | 0.0607 | |||
| Jensen Alpha | 0.421 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.0474 | |||
| Treynor Ratio | (0.21) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Songcheng Stock analysis
When running Songcheng Performance's price analysis, check to measure Songcheng Performance'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 Songcheng Performance is operating at the current time. Most of Songcheng Performance's value examination focuses on studying past and present price action to predict the probability of Songcheng Performance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Songcheng Performance's price. Additionally, you may evaluate how the addition of Songcheng Performance to your portfolios can decrease your overall portfolio volatility.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |