Shanghai Construction (China) Price on November 7, 2024
| 600170 Stock | 2.60 0.01 0.39% |
Below is the normalized historical share price chart for Shanghai Construction Group extending back to June 23, 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 Shanghai Construction stands at 2.60, as last reported on the 29th of November, with the highest price reaching 2.64 and the lowest price hitting 2.56 during the day.
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. Shanghai Construction appears to be risky, given 3 months investment horizon. Shanghai Construction owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. By inspecting Shanghai Construction's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please review Shanghai Construction's Semi Deviation of 2.38, coefficient of variation of 855.97, and Risk Adjusted Performance of 0.0969 to confirm if our risk estimates are consistent with your expectations.
At present, Shanghai Construction'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 10.8 B, whereas Other Stockholder Equity is forecasted to decline to about 7.4 B. . Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of June 1998 | 200 Day MA 2.3145 | 50 Day MA 2.4526 | Beta 0.236 |
Shanghai |
Sharpe Ratio = 0.1697
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600170 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Shanghai Construction is performing at about 13% 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 Construction by adding it to a well-diversified portfolio.
Price Book 0.5074 | Enterprise Value Ebitda 12.5144 | Price Sales 0.0785 | Shares Float 4.6 B | Wall Street Target Price 3 |
Shanghai Construction Valuation on November 7, 2024
It is possible to determine the worth of Shanghai Construction on a given historical date. On November 7, 2024 Shanghai was worth 2.73 at the beginning of the trading date compared to the closed value of 2.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Construction stock. Still, in general, we apply an absolute valuation method to find Shanghai Construction'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 Construction where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Construction's related companies.
| Open | High | Low | Close | Volume | |
| 2.65 | 2.76 | 2.56 | 2.72 | 446,019,912 | |
11/07/2024 | 2.73 | 2.82 | 2.67 | 2.79 | 398,913,446 |
| 2.82 | 2.85 | 2.71 | 2.73 | 336,656,280 |
| Backtest Shanghai Construction | | | Shanghai Construction History | | | Shanghai Construction Valuation | Previous | Next |
Shanghai Construction Trading Date Momentum on November 7, 2024
| On November 08 2024 Shanghai Construction Group was traded for 2.73 at the closing time. The highest price during the trading period was 2.85 and the lowest recorded bid was listed for 2.71 . The volume for the day was 336.7 M. This history from November 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.15% . The trading price change to the current price is 6.09% . |
Shanghai Construction Fundamentals Correlations and Trends
By evaluating Shanghai Construction'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 Construction'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 Construction Stock history
Shanghai Construction 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 Construction 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 Construction stock prices may prove useful in developing a viable investing in Shanghai Construction
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8.9 B | 7.1 B | |
| Net Income Applicable To Common Shares | 1.6 B | 1.5 B |
Shanghai Construction Quarterly Net Working Capital |
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Shanghai Construction Stock Technical Analysis
Shanghai Construction 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
Shanghai Construction Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Shanghai Construction Group 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 Construction November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanghai Construction 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 Construction shares will generate the highest return on investment. By undertsting and applying Shanghai Construction stock market strength indicators, traders can identify Shanghai Construction Group entry and exit signals to maximize returns
Shanghai Construction Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Construction'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.
| Risk Adjusted Performance | 0.0969 | |||
| Jensen Alpha | 0.3648 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0826 | |||
| Treynor Ratio | (1.29) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shanghai Stock analysis
When running Shanghai Construction's price analysis, check to measure Shanghai Construction'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 Construction is operating at the current time. Most of Shanghai Construction's value examination focuses on studying past and present price action to predict the probability of Shanghai Construction'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 Construction's price. Additionally, you may evaluate how the addition of Shanghai Construction to your portfolios can decrease your overall portfolio volatility.
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