Shanxi Lanhua (China) Price on October 2, 2023
| 600123 Stock | 9.26 0.37 4.16% |
Below is the normalized historical share price chart for Shanxi Lanhua Sci Tech extending back to December 17, 1998. 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 Shanxi Lanhua stands at 9.26, as last reported on the 11th of December 2024, with the highest price reaching 9.28 and the lowest price hitting 8.84 during the day.
If you're considering investing in Shanxi Stock, it is important to understand the factors that can impact its price. Shanxi Lanhua appears to be somewhat reliable, given 3 months investment horizon. Shanxi Lanhua Sci owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Shanxi Lanhua Sci Tech, which you can use to evaluate the volatility of the company. Please review Shanxi Lanhua's Risk Adjusted Performance of 0.061, semi deviation of 2.5, and Coefficient Of Variation of 1348.53 to confirm if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 17.5 B, whereas Common Stock is forecasted to decline to about 855.8 M. . Shanxi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of November 1998 | 200 Day MA 9.2682 | 50 Day MA 8.992 | Beta 0.311 |
Shanxi |
Sharpe Ratio = 0.1107
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600123 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Shanxi Lanhua is performing at about 8% 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 Shanxi Lanhua by adding it to a well-diversified portfolio.
Price Book 0.8208 | Enterprise Value Ebitda 9.114 | Price Sales 1.0912 | Shares Float 807 M | Wall Street Target Price 11 |
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Shanxi Lanhua Valuation on October 2, 2023
It is possible to determine the worth of Shanxi Lanhua on a given historical date. On October 2, 2023 Shanxi was worth 9.61 at the beginning of the trading date compared to the closed value of 9.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanxi Lanhua stock. Still, in general, we apply an absolute valuation method to find Shanxi Lanhua'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 Shanxi Lanhua where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanxi Lanhua's related companies.
| Open | High | Low | Close | Volume | |
| 9.45 | 9.50 | 9.38 | 9.41 | 14,438,665 | |
09/28/2023 | 9.61 | 9.68 | 9.50 | 9.59 | 22,908,102 |
| 9.48 | 9.64 | 9.28 | 9.57 | 24,466,432 |
| Backtest Shanxi Lanhua | | | Shanxi Lanhua History | | | Shanxi Lanhua Valuation | Previous | Next |
Shanxi Lanhua Trading Date Momentum on October 2, 2023
| On October 09 2023 Shanxi Lanhua Sci Tech was traded for 9.57 at the closing time. The highest price during the trading period was 9.64 and the lowest recorded bid was listed for 9.28 . The volume for the day was 24.5 M. This history from October 9, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.21% . The trading price change to the current price is 1.15% . |
Shanxi Lanhua Sci Fundamentals Correlations and Trends
By evaluating Shanxi Lanhua'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 Shanxi Lanhua's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shanxi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shanxi Lanhua Stock history
Shanxi Lanhua 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 Shanxi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanxi Lanhua Sci 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 Shanxi Lanhua stock prices may prove useful in developing a viable investing in Shanxi Lanhua
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.5 B | 1.3 B | |
| Net Income Applicable To Common Shares | 3.7 B | 3.9 B |
Shanxi Lanhua Stock Technical Analysis
Shanxi Lanhua 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
Shanxi Lanhua Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Shanxi Lanhua Sci Tech 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.
Shanxi Lanhua December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanxi Lanhua stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanxi Lanhua shares will generate the highest return on investment. By undertsting and applying Shanxi Lanhua stock market strength indicators, traders can identify Shanxi Lanhua Sci Tech entry and exit signals to maximize returns
Shanxi Lanhua Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanxi Lanhua's price direction in advance. Along with the technical and fundamental analysis of Shanxi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shanxi 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 | 0.061 | |||
| Jensen Alpha | 0.2257 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0305 | |||
| Treynor Ratio | (0.83) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shanxi Stock analysis
When running Shanxi Lanhua's price analysis, check to measure Shanxi Lanhua'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 Shanxi Lanhua is operating at the current time. Most of Shanxi Lanhua's value examination focuses on studying past and present price action to predict the probability of Shanxi Lanhua's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanxi Lanhua's price. Additionally, you may evaluate how the addition of Shanxi Lanhua to your portfolios can decrease your overall portfolio volatility.
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