Chongqing Sulian (China) Price on December 3, 2024
| 301397 Stock | 29.33 0.93 3.07% |
If you're considering investing in Chongqing Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chongqing Sulian stands at 29.33, as last reported on the 11th of December 2024, with the highest price reaching 31.50 and the lowest price hitting 29.23 during the day. Chongqing Sulian appears to be not too volatile, given 3 months investment horizon. Chongqing Sulian Plastic secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. By analyzing Chongqing Sulian's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please makes use of Chongqing Sulian's Downside Deviation of 3.41, risk adjusted performance of 0.1027, and Mean Deviation of 2.84 to double-check if our risk estimates are consistent with your expectations.
Chongqing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chongqing |
Sharpe Ratio = 0.1622
| Best Portfolio | Best Equity | |||
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| Small Returns | 301397 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.32 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Chongqing Sulian is performing at about 12% 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 Chongqing Sulian by adding it to a well-diversified portfolio.
Price Book 1.8488 | Enterprise Value Ebitda 17.1968 | Price Sales 3.0047 | Shares Float 49.9 M | Dividend Share 0.833 |
Chongqing Sulian Valuation on December 3, 2024
It is possible to determine the worth of Chongqing Sulian on a given historical date. On December 3, 2024 Chongqing was worth 28.19 at the beginning of the trading date compared to the closed value of 28.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chongqing Sulian stock. Still, in general, we apply an absolute valuation method to find Chongqing Sulian'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 Chongqing Sulian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chongqing Sulian's related companies.
| Open | High | Low | Close | Volume | |
| 27.43 | 28.48 | 27.41 | 28.19 | 2,061,079 | |
12/03/2024 | 28.19 | 28.88 | 27.86 | 28.50 | 1,731,056 |
| 28.79 | 28.90 | 27.86 | 28.10 | 1,330,114 |
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Chongqing Sulian Trading Date Momentum on December 3, 2024
| On December 04 2024 Chongqing Sulian Plastic was traded for 28.10 at the closing time. The highest price during the trading period was 28.90 and the lowest recorded bid was listed for 27.86 . The volume for the day was 1.3 M. This history from December 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.40% . The overall trading delta to the current price is 8.11% . |
Chongqing Sulian Plastic Fundamentals Correlations and Trends
By evaluating Chongqing Sulian'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 Chongqing Sulian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chongqing financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chongqing Sulian Stock history
Chongqing Sulian 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 Chongqing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chongqing Sulian Plastic 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 Chongqing Sulian stock prices may prove useful in developing a viable investing in Chongqing Sulian
Chongqing Sulian Stock Technical Analysis
Chongqing Sulian 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
Chongqing Sulian Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Chongqing Sulian Plastic 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.
Chongqing Sulian December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Chongqing Sulian stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chongqing Sulian shares will generate the highest return on investment. By undertsting and applying Chongqing Sulian stock market strength indicators, traders can identify Chongqing Sulian Plastic entry and exit signals to maximize returns
Chongqing Sulian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chongqing Sulian's price direction in advance. Along with the technical and fundamental analysis of Chongqing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chongqing 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 | 0.1027 | |||
| Jensen Alpha | 0.6061 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.1196 | |||
| Treynor Ratio | (0.72) |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Chongqing Stock analysis
When running Chongqing Sulian's price analysis, check to measure Chongqing Sulian'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 Chongqing Sulian is operating at the current time. Most of Chongqing Sulian's value examination focuses on studying past and present price action to predict the probability of Chongqing Sulian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chongqing Sulian's price. Additionally, you may evaluate how the addition of Chongqing Sulian to your portfolios can decrease your overall portfolio volatility.
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