Shanghai Electric (China) Price on December 13, 2023
| 601727 Stock | 8.49 0.35 3.96% |
Below is the normalized historical share price chart for Shanghai Electric Group extending back to July 24, 1996. 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 Electric stands at 8.49, as last reported on the 29th of November, with the highest price reaching 8.92 and the lowest price hitting 8.48 during the day.
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. Shanghai Electric is relatively risky given 3 months investment horizon. Shanghai Electric owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.29, which indicates the firm had a 0.29% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.62% are justified by taking the suggested risk. Use Shanghai Electric Coefficient Of Variation of 376.72, semi deviation of 3.68, and Risk Adjusted Performance of 0.212 to evaluate company specific risk that cannot be diversified away.
The current year's Total Stockholder Equity is expected to grow to about 60.2 B, whereas Other Stockholder Equity is projected to grow to (307.7 M). . Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 4.7312 | 50 Day MA 6.8948 | Beta 0.355 |
Shanghai |
Sharpe Ratio = 0.2856
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 601727 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.68 actual daily | 50 50% of assets are less volatile |
Expected Return
| 1.62 actual daily | 32 68% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Shanghai Electric is performing at about 22% 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 Electric by adding it to a well-diversified portfolio.
Price Book 2.47 | Enterprise Value Ebitda 30.8143 | Price Sales 1.0232 | Shares Float 6.9 B | Wall Street Target Price 5.54 |
Shanghai Electric Valuation on December 13, 2023
It is possible to determine the worth of Shanghai Electric on a given historical date. On December 13, 2023 Shanghai was worth 4.28 at the beginning of the trading date compared to the closed value of 4.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Electric stock. Still, in general, we apply an absolute valuation method to find Shanghai Electric'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 Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Electric's related companies.
| Open | High | Low | Close | Volume | |
| 4.26 | 4.28 | 4.23 | 4.28 | 17,940,167 | |
12/13/2023 | 4.28 | 4.29 | 4.22 | 4.22 | 19,921,662 |
| 4.24 | 4.26 | 4.18 | 4.19 | 19,596,499 |
| Backtest Shanghai Electric | | | Shanghai Electric History | | | Shanghai Electric Valuation | Previous | Next |
Shanghai Electric Trading Date Momentum on December 13, 2023
| On December 14 2023 Shanghai Electric Group was traded for 4.19 at the closing time. The highest price during the trading period was 4.26 and the lowest recorded bid was listed for 4.18 . The volume for the day was 19.6 M. This history from December 14, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.71% . The trading price change to the current price is 2.84% . |
Shanghai Electric Fundamentals Correlations and Trends
By evaluating Shanghai Electric'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 Electric'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 Electric Stock history
Shanghai Electric 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 Electric 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 Electric stock prices may prove useful in developing a viable investing in Shanghai Electric
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 17.9 B | 16.8 B | |
| Net Loss | -3.2 B | -3 B |
Shanghai Electric Quarterly Net Working Capital |
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Shanghai Electric Stock Technical Analysis
Shanghai Electric 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 Electric Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Shanghai Electric 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 Electric November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanghai Electric 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 Electric shares will generate the highest return on investment. By undertsting and applying Shanghai Electric stock market strength indicators, traders can identify Shanghai Electric Group entry and exit signals to maximize returns
Shanghai Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Electric'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 | 0.212 | |||
| Jensen Alpha | 1.43 | |||
| Total Risk Alpha | 0.6059 | |||
| Sortino Ratio | 0.2652 | |||
| Treynor Ratio | (8.39) |
| 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 Electric's price analysis, check to measure Shanghai Electric'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 Electric is operating at the current time. Most of Shanghai Electric's value examination focuses on studying past and present price action to predict the probability of Shanghai Electric'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 Electric's price. Additionally, you may evaluate how the addition of Shanghai Electric to your portfolios can decrease your overall portfolio volatility.
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