Sinotruk (Hong (Germany) Price on November 7, 2024
| 4SK Stock | EUR 2.66 0.04 1.48% |
If you're considering investing in Sinotruk Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sinotruk (Hong stands at 2.66, as last reported on the 27th of November, with the highest price reaching 2.66 and the lowest price hitting 2.66 during the day. Sinotruk (Hong is dangerous given 3 months investment horizon. Sinotruk Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.04% are justified by taking the suggested risk. Use Sinotruk Limited Risk Adjusted Performance of 0.1351, semi deviation of 1.96, and Coefficient Of Variation of 604.64 to evaluate company specific risk that cannot be diversified away.
Sinotruk Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sinotruk |
Sharpe Ratio = 0.1804
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Estimated Market Risk
| 5.74 actual daily | 51 51% of assets are less volatile |
Expected Return
| 1.04 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Sinotruk (Hong is performing at about 14% 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 Sinotruk (Hong by adding it to a well-diversified portfolio.
Sinotruk (Hong Valuation on November 7, 2024
It is possible to determine the worth of Sinotruk (Hong on a given historical date. On November 7, 2024 Sinotruk was worth 2.52 at the beginning of the trading date compared to the closed value of 2.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sinotruk (Hong stock. Still, in general, we apply an absolute valuation method to find Sinotruk (Hong'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 Sinotruk (Hong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sinotruk (Hong's related companies.
| Open | High | Low | Close | Volume | |
| 2.44 | 2.44 | 2.44 | 2.44 | 1.00 | |
11/07/2024 | 2.52 | 2.52 | 2.52 | 2.52 | 1.00 |
| 2.56 | 2.56 | 2.56 | 2.56 | 1.00 |
| Backtest Sinotruk (Hong | | | Sinotruk (Hong History | | | Sinotruk (Hong Valuation | Previous | Next |
Sinotruk (Hong Trading Date Momentum on November 7, 2024
| On November 08 2024 Sinotruk Limited was traded for 2.56 at the closing time. The highest daily price throughout the period was 2.56 and the lowest price was 2.56 . There was no trading activity during the period 1.0. Lack of trading volume on 11/08/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 1.59% . The trading price change to current closing price is 0.79% . |
Sinotruk Limited Fundamentals Correlations and Trends
By evaluating Sinotruk (Hong'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 Sinotruk (Hong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sinotruk financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sinotruk (Hong Stock history
Sinotruk (Hong 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 Sinotruk is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sinotruk Limited 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 Sinotruk (Hong stock prices may prove useful in developing a viable investing in Sinotruk (Hong
Sinotruk Limited, an investment holding company, engages in the research, development, manufacture, and sale of heavy duty trucks , light duty trucks, buses, and related parts in Mainland China and internationally. Sinotruk Limited is a subsidiary of China National Heavy Duty Truck Group Company Limited. SINOTRUK HONG is traded on Frankfurt Stock Exchange in Germany.
Sinotruk (Hong Stock Technical Analysis
Sinotruk (Hong 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
Sinotruk (Hong Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Sinotruk Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Sinotruk (Hong November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Sinotruk (Hong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sinotruk (Hong shares will generate the highest return on investment. By undertsting and applying Sinotruk (Hong stock market strength indicators, traders can identify Sinotruk Limited entry and exit signals to maximize returns
Sinotruk (Hong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sinotruk (Hong's price direction in advance. Along with the technical and fundamental analysis of Sinotruk Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sinotruk 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 | 0.1351 | |||
| Jensen Alpha | 0.9338 | |||
| Total Risk Alpha | 0.0478 | |||
| Sortino Ratio | 0.2995 | |||
| Treynor Ratio | (24.92) |
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Complementary Tools for Sinotruk Stock analysis
When running Sinotruk (Hong's price analysis, check to measure Sinotruk (Hong'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 Sinotruk (Hong is operating at the current time. Most of Sinotruk (Hong's value examination focuses on studying past and present price action to predict the probability of Sinotruk (Hong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinotruk (Hong's price. Additionally, you may evaluate how the addition of Sinotruk (Hong to your portfolios can decrease your overall portfolio volatility.
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