Shengyi Technology (China) Price on December 3, 2024
| 600183 Stock | 21.24 0.02 0.09% |
Below is the normalized historical share price chart for Shengyi Technology Co extending back to October 28, 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 Shengyi Technology stands at 21.24, as last reported on the 4th of December, with the highest price reaching 21.69 and the lowest price hitting 21.08 during the day.
If you're considering investing in Shengyi Stock, it is important to understand the factors that can impact its price. Shengyi Technology appears to be not too volatile, given 3 months investment horizon. Shengyi Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Shengyi Technology Co, which you can use to evaluate the volatility of the company. Please review Shengyi Technology's Coefficient Of Variation of 1010.92, risk adjusted performance of 0.0828, and Semi Deviation of 2.26 to confirm if our risk estimates are consistent with your expectations.
At present, Shengyi Technology's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 2.5 B, whereas Common Stock is forecasted to decline to about 1.4 B. . Shengyi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of September 1998 | 200 Day MA 19.2558 | 50 Day MA 20.5258 | Beta 0.541 |
Shengyi |
Sharpe Ratio = 0.1174
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600183 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Shengyi Technology is performing at about 9% 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 Shengyi Technology by adding it to a well-diversified portfolio.
Price Book 3.5959 | Enterprise Value Ebitda 26.0249 | Price Sales 2.708 | Shares Float 1.2 B | Wall Street Target Price 23.46 |
Shengyi Technology Valuation on December 3, 2024
It is possible to determine the worth of Shengyi Technology on a given historical date. On December 3, 2024 Shengyi was worth 21.27 at the beginning of the trading date compared to the closed value of 21.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shengyi Technology stock. Still, in general, we apply an absolute valuation method to find Shengyi Technology'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 Shengyi Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shengyi Technology's related companies.
| Open | High | Low | Close | Volume | |
| 21.07 | 21.55 | 21.01 | 21.26 | 20,676,624 | |
12/03/2024 | 21.27 | 21.69 | 21.08 | 21.24 | 16,680,721 |
| 21.27 | 21.69 | 21.08 | 21.24 | 0.00 |
| Backtest Shengyi Technology | | | Shengyi Technology History | | | Shengyi Technology Valuation | Previous | Next |
Shengyi Technology Trading Date Momentum on December 3, 2024
| On December 04 2024 Shengyi Technology Co was traded for 21.24 at the closing time. The highest price during the trading period was 21.69 and the lowest recorded bid was listed for 21.08 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.14% . |
Shengyi Technology Fundamentals Correlations and Trends
By evaluating Shengyi Technology'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 Shengyi Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shengyi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shengyi Technology Stock history
Shengyi Technology 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 Shengyi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shengyi Technology 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 Shengyi Technology stock prices may prove useful in developing a viable investing in Shengyi Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.4 B | 2.5 B | |
| Net Income Applicable To Common Shares | 1.8 B | 1.8 B |
Shengyi Technology Quarterly Net Working Capital |
|
Shengyi Technology Stock Technical Analysis
Shengyi Technology 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
Shengyi Technology Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Shengyi Technology Co 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.
Shengyi Technology December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Shengyi Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shengyi Technology shares will generate the highest return on investment. By undertsting and applying Shengyi Technology stock market strength indicators, traders can identify Shengyi Technology Co entry and exit signals to maximize returns
Shengyi Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shengyi Technology's price direction in advance. Along with the technical and fundamental analysis of Shengyi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shengyi 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 | 0.0828 | |||
| Jensen Alpha | 0.2776 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0677 | |||
| Treynor Ratio | (2.87) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shengyi Stock analysis
When running Shengyi Technology's price analysis, check to measure Shengyi Technology'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 Shengyi Technology is operating at the current time. Most of Shengyi Technology's value examination focuses on studying past and present price action to predict the probability of Shengyi Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shengyi Technology's price. Additionally, you may evaluate how the addition of Shengyi Technology to your portfolios can decrease your overall portfolio volatility.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |