Shenzhen (China) Price on October 16, 2024
| 300724 Stock | 67.81 0.38 0.56% |
Below is the normalized historical share price chart for Shenzhen SC New extending back to August 10, 2018. 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 stands at 67.81, as last reported on the 11th of December 2024, with the highest price reaching 68.46 and the lowest price hitting 67.40 during the day.
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. Shenzhen appears to be not too volatile, given 3 months investment horizon. Shenzhen SC New owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. By inspecting Shenzhen's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please review Shenzhen's Risk Adjusted Performance of 0.1045, coefficient of variation of 753.83, and Semi Deviation of 3.5 to confirm if our risk estimates are consistent with your expectations.
At present, Shenzhen's Total 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 352.9 M, whereas Common Stock is forecasted to decline to about 318.9 M. . Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 60.7876 | 50 Day MA 69.968 | Beta 0.802 |
Shenzhen |
Sharpe Ratio = 0.1354
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300724 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.01 actual daily | 53 53% of assets are less volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Shenzhen is performing at about 10% 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 by adding it to a well-diversified portfolio.
Price Book 2.2873 | Enterprise Value Ebitda 5.5667 | Price Sales 1.6129 | Shares Float 226.5 M | Dividend Share 1.2 |
Shenzhen Valuation on October 16, 2024
It is possible to determine the worth of Shenzhen on a given historical date. On October 16, 2024 Shenzhen was worth 60.72 at the beginning of the trading date compared to the closed value of 60.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen stock. Still, in general, we apply an absolute valuation method to find 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 Shenzhen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen's related companies.
| Open | High | Low | Close | Volume | |
| 64.20 | 66.04 | 62.47 | 62.60 | 15,333,913 | |
10/16/2024 | 60.72 | 61.80 | 59.70 | 60.23 | 14,938,997 |
| 60.83 | 61.58 | 59.90 | 59.98 | 13,014,500 |
| Backtest Shenzhen | | | Shenzhen History | | | Shenzhen Valuation | Previous | Next |
Shenzhen Trading Date Momentum on October 16, 2024
| On October 17 2024 Shenzhen SC New was traded for 59.98 at the closing time. The highest price during the trading period was 61.58 and the lowest recorded bid was listed for 59.90 . The volume for the day was 13 M. This history from October 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.42% . The trading price change to the current price is 30.33% . |
Shenzhen SC New Fundamentals Correlations and Trends
By evaluating Shenzhen'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'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 Stock history
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 Shenzhen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenzhen SC New 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 stock prices may prove useful in developing a viable investing in Shenzhen
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 348.2 M | 352.9 M | |
| Net Income Applicable To Common Shares | 1.2 B | 1.3 B |
Shenzhen Quarterly Net Working Capital |
|
Shenzhen Stock Technical Analysis
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
Shenzhen Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Shenzhen SC New 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 December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how 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 Shenzhen shares will generate the highest return on investment. By undertsting and applying Shenzhen stock market strength indicators, traders can identify Shenzhen SC New entry and exit signals to maximize returns
Shenzhen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen'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 | 0.1045 | |||
| Jensen Alpha | 0.8721 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.1599 | |||
| Treynor Ratio | (0.65) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shenzhen Stock analysis
When running Shenzhen's price analysis, check to measure 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 Shenzhen is operating at the current time. Most of Shenzhen's value examination focuses on studying past and present price action to predict the probability of 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 Shenzhen's price. Additionally, you may evaluate how the addition of Shenzhen to your portfolios can decrease your overall portfolio volatility.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |