Super-Dragon Engineering (China) Price on October 21, 2024
| 301131 Stock | 38.95 1.66 4.45% |
If you're considering investing in Super-Dragon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Super-Dragon Engineering stands at 38.95, as last reported on the 1st of December, with the highest price reaching 39.50 and the lowest price hitting 36.51 during the day. Super-Dragon Engineering appears to be not too volatile, given 3 months investment horizon. Super-Dragon Engineering 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 Super-Dragon Engineering's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review Super-Dragon Engineering's Semi Deviation of 3.29, coefficient of variation of 924.59, and Risk Adjusted Performance of 0.0906 to confirm if our risk estimates are consistent with your expectations.
As of December 1, 2024, Total Stockholder Equity is expected to decline to about 606.9 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 44.7 M. Super-Dragon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Super-Dragon |
Sharpe Ratio = 0.1388
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 301131 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.72 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Super-Dragon Engineering 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 Super-Dragon Engineering by adding it to a well-diversified portfolio.
Price Book 2.1608 | Enterprise Value Ebitda 66.6357 | Price Sales 1.1466 | Shares Float 21.5 M | Dividend Share 0.37 |
Super-Dragon Engineering Valuation on October 21, 2024
It is possible to determine the worth of Super-Dragon Engineering on a given historical date. On October 21, 2024 Super-Dragon was worth 33.94 at the beginning of the trading date compared to the closed value of 35.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Super-Dragon Engineering stock. Still, in general, we apply an absolute valuation method to find Super-Dragon Engineering'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 Super-Dragon Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Super-Dragon Engineering's related companies.
| Open | High | Low | Close | Volume | |
| 32.76 | 34.42 | 32.60 | 33.88 | 1,562,916 | |
10/21/2024 | 33.94 | 35.21 | 33.88 | 35.02 | 1,865,239 |
| 35.18 | 35.19 | 34.49 | 34.83 | 1,223,900 |
| Backtest Super-Dragon Engineering | | | Super-Dragon Engineering History | | | Super-Dragon Engineering Valuation | Previous | Next |
Super-Dragon Engineering Trading Date Momentum on October 21, 2024
| On October 22 2024 Super Dragon Engineering Plastics was traded for 34.83 at the closing time. The highest price during the trading period was 35.19 and the lowest recorded bid was listed for 34.49 . The volume for the day was 1.2 M. This history from October 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.54% . The trading price change to the current price is 0.00% . |
Super-Dragon Engineering Fundamentals Correlations and Trends
By evaluating Super-Dragon Engineering'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 Super-Dragon Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Super-Dragon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Super-Dragon Engineering Stock history
Super-Dragon Engineering 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 Super-Dragon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Super-Dragon Engineering 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 Super-Dragon Engineering stock prices may prove useful in developing a viable investing in Super-Dragon Engineering
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 54.9 M | 44.7 M |
Super-Dragon Engineering Quarterly Net Working Capital |
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Super-Dragon Engineering Stock Technical Analysis
Super-Dragon Engineering 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
Super-Dragon Engineering Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Super Dragon Engineering Plastics 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.
Super-Dragon Engineering December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Super-Dragon Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Super-Dragon Engineering shares will generate the highest return on investment. By undertsting and applying Super-Dragon Engineering stock market strength indicators, traders can identify Super Dragon Engineering Plastics entry and exit signals to maximize returns
Super-Dragon Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Super-Dragon Engineering's price direction in advance. Along with the technical and fundamental analysis of Super-Dragon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Super-Dragon 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 | 0.0906 | |||
| Jensen Alpha | 0.3987 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0691 | |||
| Treynor Ratio | (2.48) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Super-Dragon Stock analysis
When running Super-Dragon Engineering's price analysis, check to measure Super-Dragon Engineering'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 Super-Dragon Engineering is operating at the current time. Most of Super-Dragon Engineering's value examination focuses on studying past and present price action to predict the probability of Super-Dragon Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Super-Dragon Engineering's price. Additionally, you may evaluate how the addition of Super-Dragon Engineering to your portfolios can decrease your overall portfolio volatility.
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