Bank of Shanghai (China) Price on September 21, 2023
| 601229 Stock | 8.20 0.08 0.99% |
Below is the normalized historical share price chart for Bank of Shanghai extending back to November 16, 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 Bank of Shanghai stands at 8.20, as last reported on the 30th of November, with the highest price reaching 8.34 and the lowest price hitting 8.10 during the day.
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. Bank of Shanghai appears to be somewhat reliable, given 3 months investment horizon. Bank of Shanghai secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bank of Shanghai, which you can use to evaluate the volatility of the firm. Please makes use of Bank of Shanghai's Downside Deviation of 2.59, mean deviation of 1.45, and Risk Adjusted Performance of 0.0582 to double-check if our risk estimates are consistent with your expectations.
At present, Bank of Shanghai'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 17.2 B, whereas Other Stockholder Equity is forecasted to decline to about 2.1 B. . Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.315 | 50 Day MA 7.8018 | Beta 0.273 |
Bank |
Sharpe Ratio = 0.115
| Best Portfolio | Best Equity | |||
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| Small Returns | 601229 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Bank of Shanghai 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 Bank of Shanghai by adding it to a well-diversified portfolio.
Price Book 0.4723 | Book Value 17.362 | Enterprise Value 407.4 B | Price Sales 2.9404 | Shares Float 7.6 B |
Bank of Shanghai Valuation on September 21, 2023
It is possible to determine the worth of Bank of Shanghai on a given historical date. On September 21, 2023 Bank was worth 6.2 at the beginning of the trading date compared to the closed value of 6.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of Shanghai stock. Still, in general, we apply an absolute valuation method to find Bank of Shanghai'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 Bank of Shanghai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of Shanghai's related companies.
| Open | High | Low | Close | Volume | |
| 6.17 | 6.21 | 6.15 | 6.19 | 26,113,572 | |
09/21/2023 | 6.20 | 6.22 | 6.15 | 6.18 | 24,933,768 |
| 6.18 | 6.20 | 6.15 | 6.18 | 22,387,857 |
| Backtest Bank of Shanghai | | | Bank of Shanghai History | | | Bank of Shanghai Valuation | Previous | Next |
Bank of Shanghai Trading Date Momentum on September 21, 2023
| On September 22 2023 Bank of Shanghai was traded for 6.18 at the closing time. The highest price during the trading period was 6.20 and the lowest recorded bid was listed for 6.15 . The volume for the day was 22.4 M. This history from September 22, 2023 did not affect price variability. The overall trading delta to the current price is 0.81% . |
Bank of Shanghai Fundamentals Correlations and Trends
By evaluating Bank of Shanghai'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 Bank of Shanghai's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bank of Shanghai Stock history
Bank of Shanghai 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of Shanghai 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 Bank of Shanghai stock prices may prove useful in developing a viable investing in Bank of Shanghai
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 14.2 B | 15.6 B | |
| Net Income Applicable To Common Shares | 24.4 B | 19.4 B |
Bank of Shanghai Stock Technical Analysis
Bank of Shanghai 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
Bank of Shanghai Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Bank of Shanghai 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.
Bank of Shanghai November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Bank of Shanghai stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bank of Shanghai shares will generate the highest return on investment. By undertsting and applying Bank of Shanghai stock market strength indicators, traders can identify Bank of Shanghai entry and exit signals to maximize returns
Bank of Shanghai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bank of Shanghai's price direction in advance. Along with the technical and fundamental analysis of Bank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bank 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 | 0.0582 | |||
| Jensen Alpha | 0.1416 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0046 | |||
| Treynor Ratio | (8.56) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Bank Stock analysis
When running Bank of Shanghai's price analysis, check to measure Bank of Shanghai'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 Bank of Shanghai is operating at the current time. Most of Bank of Shanghai's value examination focuses on studying past and present price action to predict the probability of Bank of Shanghai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Shanghai's price. Additionally, you may evaluate how the addition of Bank of Shanghai to your portfolios can decrease your overall portfolio volatility.
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