Baoshan Iron (China) Price on November 23, 2024
| 600019 Stock | 6.56 0.17 2.53% |
Below is the normalized historical share price chart for Baoshan Iron Steel extending back to December 12, 2000. 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 Baoshan Iron stands at 6.56, as last reported on the 23rd of November, with the highest price reaching 6.81 and the lowest price hitting 6.56 during the day.
If you're considering investing in Baoshan Stock, it is important to understand the factors that can impact its price. At this point, Baoshan Iron is slightly risky. Baoshan Iron Steel secures Sharpe Ratio (or Efficiency) of 0.0706, which signifies that the company had a 0.0706% return per unit of risk over the last 3 months. We have found thirty technical indicators for Baoshan Iron Steel, which you can use to evaluate the volatility of the firm. Please confirm Baoshan Iron's Downside Deviation of 2.44, mean deviation of 1.58, and Risk Adjusted Performance of 0.0484 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
The current year's Common Stock Shares Outstanding is expected to grow to about 24.4 B, whereas Total Stockholder Equity is forecasted to decline to about 121.9 B. . Baoshan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of November 2000 | 200 Day MA 6.6361 | 50 Day MA 6.554 | Beta 0.649 |
Baoshan |
Sharpe Ratio = 0.0706
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600019 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.56 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Baoshan Iron 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 Baoshan Iron by adding it to a well-diversified portfolio.
Price Book 0.7246 | Enterprise Value Ebitda 13.1466 | Price Sales 0.434 | Shares Float 7.1 B | Wall Street Target Price 7.71 |
Baoshan Iron Valuation on November 23, 2024
It is possible to determine the worth of Baoshan Iron on a given historical date. On November 23, 2024 Baoshan was worth 6.75 at the beginning of the trading date compared to the closed value of 6.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Baoshan Iron stock. Still, in general, we apply an absolute valuation method to find Baoshan Iron'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 Baoshan Iron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Baoshan Iron's related companies.
| Open | High | Low | Close | Volume | |
| 6.75 | 6.81 | 6.56 | 6.56 | 77,096,604 | |
11/23/2024 | 6.75 | 6.81 | 6.56 | 6.56 | 0.00 |
| Backtest Baoshan Iron | | | Baoshan Iron History | | | Baoshan Iron Valuation | Previous |
Baoshan Iron Trading Date Momentum on November 23, 2024
| On November 23 2024 Baoshan Iron Steel was traded for 6.56 at the closing time. The highest price during the trading period was 6.81 and the lowest recorded bid was listed for 6.56 . There was no trading activity during the period 0.0. Lack of trading volume on November 23, 2024 did not affect price variability. The overall trading delta to the current price is 2.90% . |
Baoshan Iron Steel Fundamentals Correlations and Trends
By evaluating Baoshan Iron'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 Baoshan Iron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Baoshan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Baoshan Iron Stock history
Baoshan Iron 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 Baoshan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Baoshan Iron Steel 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 Baoshan Iron stock prices may prove useful in developing a viable investing in Baoshan Iron
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 22.1 B | 24.4 B | |
| Net Income Applicable To Common Shares | 14 B | 11 B |
Baoshan Iron Quarterly Net Working Capital |
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Baoshan Iron Stock Technical Analysis
Baoshan Iron 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
Baoshan Iron Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Baoshan Iron Steel 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.
Baoshan Iron November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Baoshan Iron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Baoshan Iron shares will generate the highest return on investment. By undertsting and applying Baoshan Iron stock market strength indicators, traders can identify Baoshan Iron Steel entry and exit signals to maximize returns
Baoshan Iron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Baoshan Iron's price direction in advance. Along with the technical and fundamental analysis of Baoshan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Baoshan 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 | 0.0484 | |||
| Jensen Alpha | 0.1737 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 5.0E-4 | |||
| Treynor Ratio | (0.28) |
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| Math Transform | ||
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| Volume Indicators |
Complementary Tools for Baoshan Stock analysis
When running Baoshan Iron's price analysis, check to measure Baoshan Iron'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 Baoshan Iron is operating at the current time. Most of Baoshan Iron's value examination focuses on studying past and present price action to predict the probability of Baoshan Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baoshan Iron's price. Additionally, you may evaluate how the addition of Baoshan Iron to your portfolios can decrease your overall portfolio volatility.
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