Shenzhen Mindray (China) Price on September 18, 2024
| 300760 Stock | 261.36 1.95 0.74% |
Below is the normalized historical share price chart for Shenzhen Mindray Bio Medical extending back to October 16, 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 Mindray stands at 261.36, as last reported on the 25th of November, with the highest price reaching 267.40 and the lowest price hitting 261.36 during the day.
If you're considering investing in Shenzhen Stock, it is important to understand the factors that can impact its price. Shenzhen Mindray appears to be very steady, given 3 months investment horizon. Shenzhen Mindray Bio owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0773, which indicates the firm had a 0.0773% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shenzhen Mindray Bio Medical, which you can use to evaluate the volatility of the company. Please review Shenzhen Mindray's Semi Deviation of 2.69, risk adjusted performance of 0.0429, and Coefficient Of Variation of 2187.66 to confirm if our risk estimates are consistent with your expectations.
As of November 25, 2024, Total Stockholder Equity is expected to decline to about 20.4 B. In addition to that, Other Stockholder Equity is expected to decline to about (103.1 M). Shenzhen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 278.3593 | 50 Day MA 265.2202 | Beta 0.214 |
Shenzhen |
Sharpe Ratio = 0.0773
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300760 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.64 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Shenzhen Mindray is performing at about 6% 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 Mindray by adding it to a well-diversified portfolio.
Price Book 8.6065 | Enterprise Value Ebitda 21.7498 | Price Sales 8.5756 | Shares Float 496.9 M | Dividend Share 7.21 |
Shenzhen Mindray Valuation on September 18, 2024
It is possible to determine the worth of Shenzhen Mindray on a given historical date. On September 18, 2024 Shenzhen was worth 230.4 at the beginning of the trading date compared to the closed value of 226.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen Mindray stock. Still, in general, we apply an absolute valuation method to find Shenzhen Mindray'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 Mindray where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen Mindray's related companies.
| Open | High | Low | Close | Volume | |
| 231.61 | 233.08 | 229.61 | 230.28 | 3,110,763 | |
09/18/2024 | 230.40 | 232.82 | 226.68 | 226.70 | 3,186,039 |
| 229.61 | 230.11 | 223.03 | 229.24 | 6,742,190 |
| Backtest Shenzhen Mindray | | | Shenzhen Mindray History | | | Shenzhen Mindray Valuation | Previous | Next |
Shenzhen Mindray Trading Date Momentum on September 18, 2024
| On September 19 2024 Shenzhen Mindray Bio Medical was traded for 229.24 at the closing time. The highest price during the trading period was 230.11 and the lowest recorded bid was listed for 223.03 . The volume for the day was 6.7 M. This history from September 19, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.12% . The trading price change to the current price is 23.21% . |
Shenzhen Mindray Bio Fundamentals Correlations and Trends
By evaluating Shenzhen Mindray'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 Mindray'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 Mindray Stock history
Shenzhen Mindray 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 Mindray 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 Shenzhen Mindray stock prices may prove useful in developing a viable investing in Shenzhen Mindray
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 B | 1.3 B | |
| Net Income Applicable To Common Shares | 11 B | 11.6 B |
Shenzhen Mindray Quarterly Net Working Capital |
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Shenzhen Mindray Stock Technical Analysis
Shenzhen Mindray 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 Mindray Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Shenzhen Mindray Bio Medical 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 Mindray November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen Mindray 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 Mindray shares will generate the highest return on investment. By undertsting and applying Shenzhen Mindray stock market strength indicators, traders can identify Shenzhen Mindray Bio Medical entry and exit signals to maximize returns
Shenzhen Mindray Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen Mindray'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 | 0.0429 | |||
| Jensen Alpha | 0.1911 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.0101 | |||
| Treynor Ratio | (0.43) |
| Cycle Indicators | ||
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| 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 Mindray's price analysis, check to measure Shenzhen Mindray'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 Mindray is operating at the current time. Most of Shenzhen Mindray's value examination focuses on studying past and present price action to predict the probability of Shenzhen Mindray'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 Mindray's price. Additionally, you may evaluate how the addition of Shenzhen Mindray to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Transaction History View history of all your transactions and understand their impact on performance |