Silkroad Visual (China) Price on November 17, 2023
| 300556 Stock | 20.19 0.19 0.93% |
Below is the normalized historical share price chart for Silkroad Visual Technology extending back to November 04, 2016. 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 Silkroad Visual stands at 20.19, as last reported on the 27th of November, with the highest price reaching 20.82 and the lowest price hitting 19.96 during the day.
If you're considering investing in Silkroad Stock, it is important to understand the factors that can impact its price. Silkroad Visual appears to be somewhat reliable, given 3 months investment horizon. Silkroad Visual Tech owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. By inspecting Silkroad Visual's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please review Silkroad Visual's Coefficient Of Variation of 1341.39, semi deviation of 4.22, and Risk Adjusted Performance of 0.0654 to confirm if our risk estimates are consistent with your expectations.
At present, Silkroad Visual's Other Stockholder Equity 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 128.8 M, whereas Total Stockholder Equity is forecasted to decline to about 499.1 M. . Silkroad Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 19.335 | 50 Day MA 19.0814 | Beta 0.574 |
Silkroad |
Sharpe Ratio = 0.123
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300556 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.85 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Silkroad Visual is performing at about 9% 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 Silkroad Visual by adding it to a well-diversified portfolio.
Price Book 3.3397 | Enterprise Value Ebitda 337.4786 | Price Sales 2.7321 | Shares Float 98.3 M | Dividend Share 0.035 |
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Silkroad Visual Valuation on November 17, 2023
It is possible to determine the worth of Silkroad Visual on a given historical date. On November 17, 2023 Silkroad was worth 23.98 at the beginning of the trading date compared to the closed value of 24.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Silkroad Visual stock. Still, in general, we apply an absolute valuation method to find Silkroad Visual'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 Silkroad Visual where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Silkroad Visual's related companies.
| Open | High | Low | Close | Volume | |
| 24.00 | 24.33 | 23.71 | 24.08 | 3,501,900 | |
11/17/2023 | 23.98 | 24.46 | 23.96 | 24.45 | 4,745,000 |
| 24.44 | 24.54 | 23.95 | 24.45 | 5,292,600 |
| Backtest Silkroad Visual | | | Silkroad Visual History | | | Silkroad Visual Valuation | Previous | Next |
Silkroad Visual Trading Date Momentum on November 17, 2023
| On November 20 2023 Silkroad Visual Technology was traded for 24.45 at the closing time. The highest price during the trading period was 24.54 and the lowest recorded bid was listed for 23.95 . The volume for the day was 5.3 M. This history from November 20, 2023 did not result in any price rise and fall. The trading price change to the current price is 4.21% . |
Silkroad Visual Tech Fundamentals Correlations and Trends
By evaluating Silkroad Visual'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 Silkroad Visual's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Silkroad financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Silkroad Visual Stock history
Silkroad Visual 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 Silkroad is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Silkroad Visual Tech 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 Silkroad Visual stock prices may prove useful in developing a viable investing in Silkroad Visual
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 121.4 M | 128.8 M | |
| Net Income Applicable To Common Shares | 53 M | 47.1 M |
Silkroad Visual Quarterly Net Working Capital |
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Silkroad Visual Stock Technical Analysis
Silkroad Visual 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
Silkroad Visual Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Silkroad Visual Technology 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.
Silkroad Visual November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Silkroad Visual stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Silkroad Visual shares will generate the highest return on investment. By undertsting and applying Silkroad Visual stock market strength indicators, traders can identify Silkroad Visual Technology entry and exit signals to maximize returns
Silkroad Visual Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Silkroad Visual's price direction in advance. Along with the technical and fundamental analysis of Silkroad Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Silkroad 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 | 0.0654 | |||
| Jensen Alpha | 0.3783 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0517 | |||
| Treynor Ratio | (1.37) |
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Complementary Tools for Silkroad Stock analysis
When running Silkroad Visual's price analysis, check to measure Silkroad Visual'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 Silkroad Visual is operating at the current time. Most of Silkroad Visual's value examination focuses on studying past and present price action to predict the probability of Silkroad Visual's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Silkroad Visual's price. Additionally, you may evaluate how the addition of Silkroad Visual to your portfolios can decrease your overall portfolio volatility.
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