Sichuan Road (China) Price on August 30, 2024
| 600039 Stock | 7.31 0.03 0.41% |
Below is the normalized historical share price chart for Sichuan Road Bridge extending back to March 25, 2003. 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 Sichuan Road stands at 7.31, as last reported on the 29th of November, with the highest price reaching 7.44 and the lowest price hitting 7.28 during the day.
If you're considering investing in Sichuan Stock, it is important to understand the factors that can impact its price. Sichuan Road appears to be slightly risky, given 3 months investment horizon. Sichuan Road Bridge owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Sichuan Road's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please review Sichuan Road's Semi Deviation of 2.9, coefficient of variation of 913.56, and Risk Adjusted Performance of 0.0917 to confirm if our risk estimates are consistent with your expectations.
At present, Sichuan Road'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 5.8 B, whereas Other Stockholder Equity is forecasted to decline to about 834.6 M. . Sichuan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of March 2003 | 200 Day MA 7.2387 | 50 Day MA 7.328 | Beta 0.177 |
Sichuan |
Sharpe Ratio = 0.1521
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600039 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.73 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Sichuan Road is performing at about 11% 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 Sichuan Road by adding it to a well-diversified portfolio.
Price Book 1.4016 | Enterprise Value Ebitda 12.552 | Price Sales 0.6639 | Shares Float 1.7 B | Wall Street Target Price 11.05 |
Sichuan Road Valuation on August 30, 2024
It is possible to determine the worth of Sichuan Road on a given historical date. On August 30, 2024 Sichuan was worth 5.55 at the beginning of the trading date compared to the closed value of 5.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sichuan Road stock. Still, in general, we apply an absolute valuation method to find Sichuan Road'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 Sichuan Road where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sichuan Road's related companies.
| Open | High | Low | Close | Volume | |
| 5.72 | 5.72 | 5.53 | 5.62 | 22,563,900 | |
08/30/2024 | 5.55 | 5.74 | 5.54 | 5.65 | 34,480,940 |
| 5.68 | 5.69 | 5.33 | 5.50 | 54,097,935 |
| Backtest Sichuan Road | | | Sichuan Road History | | | Sichuan Road Valuation | Previous | Next |
Sichuan Road Trading Date Momentum on August 30, 2024
| On September 02 2024 Sichuan Road Bridge was traded for 5.50 at the closing time. The highest price during the trading period was 5.69 and the lowest recorded bid was listed for 5.33 . The volume for the day was 54.1 M. This history from September 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.65% . The trading price change to the current price is 4.07% . |
Sichuan Road Bridge Fundamentals Correlations and Trends
By evaluating Sichuan Road'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 Sichuan Road's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sichuan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sichuan Road Stock history
Sichuan Road 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 Sichuan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sichuan Road Bridge 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 Sichuan Road stock prices may prove useful in developing a viable investing in Sichuan Road
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8.7 B | 13.4 B | |
| Net Income Applicable To Common Shares | 6.4 B | 6.7 B |
Sichuan Road Quarterly Net Working Capital |
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Sichuan Road Stock Technical Analysis
Sichuan Road 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
Sichuan Road Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Sichuan Road Bridge 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.
Sichuan Road November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sichuan Road stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sichuan Road shares will generate the highest return on investment. By undertsting and applying Sichuan Road stock market strength indicators, traders can identify Sichuan Road Bridge entry and exit signals to maximize returns
Sichuan Road Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sichuan Road's price direction in advance. Along with the technical and fundamental analysis of Sichuan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sichuan 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 | 0.0917 | |||
| Jensen Alpha | 0.2899 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0822 | |||
| Treynor Ratio | 0.506 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sichuan Stock analysis
When running Sichuan Road's price analysis, check to measure Sichuan Road'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 Sichuan Road is operating at the current time. Most of Sichuan Road's value examination focuses on studying past and present price action to predict the probability of Sichuan Road's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sichuan Road's price. Additionally, you may evaluate how the addition of Sichuan Road to your portfolios can decrease your overall portfolio volatility.
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