Shanghai Pudong (China) Price on August 18, 2023

600000 Stock   9.48  0.23  2.37%   
Below is the normalized historical share price chart for Shanghai Pudong Development extending back to November 10, 1999. 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 Shanghai Pudong stands at 9.48, as last reported on the 24th of November, with the highest price reaching 9.75 and the lowest price hitting 9.47 during the day.
IPO Date
23rd of September 1999
200 Day MA
8.4271
50 Day MA
9.7904
Beta
0.479
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. At this point, Shanghai Pudong is somewhat reliable. Shanghai Pudong Deve owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0648, which indicates the firm had a 0.0648% return per unit of risk over the last 3 months. We have found thirty technical indicators for Shanghai Pudong Development, which you can use to evaluate the volatility of the company. Please validate Shanghai Pudong's Risk Adjusted Performance of 0.0734, coefficient of variation of 1138.5, and Semi Deviation of 1.52 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
  
At present, Shanghai Pudong's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 35.4 B, whereas Preferred Stock Total Equity is forecasted to decline to about 28.8 B. . Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0648

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Estimated Market Risk

 2.02
  actual daily
17
83% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
5
95% of assets perform better
Based on monthly moving average Shanghai Pudong is performing at about 5% 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 Shanghai Pudong by adding it to a well-diversified portfolio.
Price Book
0.385
Book Value
24.622
Enterprise Value
1.1 T
Price Sales
2.7931
Shares Float
11.3 B

Shanghai Pudong Valuation on August 18, 2023

It is possible to determine the worth of Shanghai Pudong on a given historical date. On August 18, 2023 Shanghai was worth 7.1 at the beginning of the trading date compared to the closed value of 7.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Pudong stock. Still, in general, we apply an absolute valuation method to find Shanghai Pudong'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 Shanghai Pudong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Pudong's related companies.
 Open High Low Close Volume
  7.13    7.14    7.05    7.10    37,202,484  
08/18/2023
  7.10    7.17    7.07    7.07    28,150,555  
  7.06    7.11    6.96    6.96    42,517,681  
Backtest Shanghai Pudong  |  Shanghai Pudong History  |  Shanghai Pudong Valuation   PreviousNext  
Open Value
7.1
7.07
Closing Value
13.16
Upside

Shanghai Pudong Trading Date Momentum on August 18, 2023

On August 21 2023 Shanghai Pudong Development was traded for  6.96  at the closing time. The highest price during the trading period was 7.11  and the lowest recorded bid was listed for  6.96 . The volume for the day was 42.5 M. This history from August 21, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.56% . The trading price change to the current price is 3.25% .

Shanghai Pudong Deve Fundamentals Correlations and Trends

By evaluating Shanghai Pudong'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 Shanghai Pudong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shanghai financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shanghai Pudong Stock history

Shanghai Pudong 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 Shanghai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanghai Pudong Deve 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 Shanghai Pudong stock prices may prove useful in developing a viable investing in Shanghai Pudong
Last ReportedProjected for Next Year
Common Stock Shares Outstanding29.4 B32.3 B
Net Income Applicable To Common Shares52.7 B30.2 B

Shanghai Pudong Stock Technical Analysis

Shanghai Pudong 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.
A focus of Shanghai Pudong technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shanghai Pudong trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shanghai Pudong Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shanghai Pudong Development cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.

Shanghai Pudong November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Shanghai Pudong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanghai Pudong shares will generate the highest return on investment. By undertsting and applying Shanghai Pudong stock market strength indicators, traders can identify Shanghai Pudong Development entry and exit signals to maximize returns

Shanghai Pudong Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shanghai Pudong's price direction in advance. Along with the technical and fundamental analysis of Shanghai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shanghai 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.

Complementary Tools for Shanghai Stock analysis

When running Shanghai Pudong's price analysis, check to measure Shanghai Pudong'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 Shanghai Pudong is operating at the current time. Most of Shanghai Pudong's value examination focuses on studying past and present price action to predict the probability of Shanghai Pudong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai Pudong's price. Additionally, you may evaluate how the addition of Shanghai Pudong to your portfolios can decrease your overall portfolio volatility.
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