Chongqing Sokon (China) Price on December 12, 2024

601127 Stock   122.50  0.99  0.81%   
Below is the normalized historical share price chart for Chongqing Sokon Ind extending back to June 15, 2016. 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 Chongqing Sokon stands at 122.50, as last reported on the 4th of March, with the highest price reaching 124.46 and the lowest price hitting 121.52 during the day.
200 Day MA
103.9516
50 Day MA
129.602
Beta
1.492
 
Covid
If you're considering investing in Chongqing Stock, it is important to understand the factors that can impact its price. Chongqing Sokon Ind secures Sharpe Ratio (or Efficiency) of -0.0629, which signifies that the company had a -0.0629 % return per unit of risk over the last 3 months. Chongqing Sokon Ind exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chongqing Sokon's Standard Deviation of 2.81, mean deviation of 2.01, and insignificant Risk Adjusted Performance to double-check the risk estimate we provide.
  
The current year's Total Stockholder Equity is expected to grow to about 13.8 B, whereas Common Stock is forecasted to decline to about 1 B. . Chongqing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0629

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Estimated Market Risk

 2.52
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Chongqing Sokon is not performing at its full potential. However, 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 Chongqing Sokon by adding Chongqing Sokon to a well-diversified portfolio.
Price Book
13.5989
Enterprise Value Ebitda
38.4302
Price Sales
1.4621
Shares Float
669 M
Wall Street Target Price
135.29

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Chongqing Sokon Valuation on December 12, 2024

It is possible to determine the worth of Chongqing Sokon on a given historical date. On December 12, 2024 Chongqing was worth 132.54 at the beginning of the trading date compared to the closed value of 136.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chongqing Sokon stock. Still, in general, we apply an absolute valuation method to find Chongqing Sokon'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 Chongqing Sokon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chongqing Sokon's related companies.
 Open High Low Close Volume
  131.18    134.15    128.97    133.40    56,923,910  
12/12/2024
  132.54    137.09    132.18    136.58    45,097,420  
  136.00    137.20    130.00    130.16    83,028,564  
Backtest Chongqing Sokon  |  Chongqing Sokon History  |  Chongqing Sokon Valuation   PreviousNext  
Open Value
132.54
124.97
Downside
136.58
Closing Value
140.11
Upside

Chongqing Sokon Trading Date Momentum on December 12, 2024

On December 13 2024 Chongqing Sokon Ind was traded for  130.16  at the closing time. The highest price during the trading period was 137.20  and the lowest recorded bid was listed for  130.00 . The volume for the day was 83 M. This history from December 13, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.70% . The overall trading delta to the current price is 3.92% .

Chongqing Sokon Ind Fundamentals Correlations and Trends

By evaluating Chongqing Sokon'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 Chongqing Sokon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chongqing financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Chongqing Sokon Stock history

Chongqing Sokon 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 Chongqing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chongqing Sokon Ind 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 Chongqing Sokon stock prices may prove useful in developing a viable investing in Chongqing Sokon
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.7 B1.3 B
Net Loss-1.6 B-1.6 B

Chongqing Sokon Stock Technical Analysis

Chongqing Sokon 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.
A focus of Chongqing Sokon technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chongqing Sokon trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Chongqing Sokon Period Price Range

Low
March 4, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Chongqing Sokon Ind 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.

Chongqing Sokon March 4, 2025 Market Strength

Market strength indicators help investors to evaluate how Chongqing Sokon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chongqing Sokon shares will generate the highest return on investment. By undertsting and applying Chongqing Sokon stock market strength indicators, traders can identify Chongqing Sokon Ind entry and exit signals to maximize returns

Chongqing Sokon Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Chongqing Sokon's price direction in advance. Along with the technical and fundamental analysis of Chongqing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chongqing 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.

Complementary Tools for Chongqing Stock analysis

When running Chongqing Sokon's price analysis, check to measure Chongqing Sokon'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 Chongqing Sokon is operating at the current time. Most of Chongqing Sokon's value examination focuses on studying past and present price action to predict the probability of Chongqing Sokon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chongqing Sokon's price. Additionally, you may evaluate how the addition of Chongqing Sokon to your portfolios can decrease your overall portfolio volatility.
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