Sichuan Hebang (China) Price on October 28, 2024
| 603077 Stock | 2.01 0.09 4.29% |
If you're considering investing in Sichuan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sichuan Hebang stands at 2.01, as last reported on the 23rd of November, with the highest price reaching 2.08 and the lowest price hitting 2.00 during the day. Sichuan Hebang appears to be very risky, given 3 months investment horizon. Sichuan Hebang Biote owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sichuan Hebang Biotechnology, which you can use to evaluate the volatility of the company. Please review Sichuan Hebang's Semi Deviation of 2.19, risk adjusted performance of 0.1076, and Coefficient Of Variation of 763.77 to confirm if our risk estimates are consistent with your expectations.
Sichuan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sichuan |
Sharpe Ratio = 0.1309
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603077 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.72 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Sichuan Hebang is performing at about 10% 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 Sichuan Hebang by adding it to a well-diversified portfolio.
Sichuan Hebang Valuation on October 28, 2024
It is possible to determine the worth of Sichuan Hebang on a given historical date. On October 28, 2024 Sichuan was worth 2.08 at the beginning of the trading date compared to the closed value of 2.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sichuan Hebang stock. Still, in general, we apply an absolute valuation method to find Sichuan Hebang'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 Sichuan Hebang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sichuan Hebang's related companies.
| Open | High | Low | Close | Volume | |
| 2.00 | 2.10 | 1.99 | 2.09 | 195,349,667 | |
10/28/2024 | 2.08 | 2.12 | 2.04 | 2.11 | 195,426,628 |
| 2.12 | 2.17 | 2.05 | 2.06 | 154,769,392 |
| Backtest Sichuan Hebang | | | Sichuan Hebang History | | | Sichuan Hebang Valuation | Previous | Next |
Sichuan Hebang Trading Date Momentum on October 28, 2024
| On October 29 2024 Sichuan Hebang Biotechnology was traded for 2.06 at the closing time. The highest price during the trading period was 2.17 and the lowest recorded bid was listed for 2.05 . The volume for the day was 154.8 M. This history from October 29, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.37% . The trading price change to the current price is 0.95% . |
Sichuan Hebang Biote Fundamentals Correlations and Trends
By evaluating Sichuan Hebang'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 Sichuan Hebang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sichuan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sichuan Hebang Stock history
Sichuan Hebang 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 Sichuan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sichuan Hebang Biote 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 Sichuan Hebang stock prices may prove useful in developing a viable investing in Sichuan Hebang
Sichuan Hebang Stock Technical Analysis
Sichuan Hebang 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
Sichuan Hebang Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Sichuan Hebang Biotechnology 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.
Sichuan Hebang November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Sichuan Hebang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sichuan Hebang shares will generate the highest return on investment. By undertsting and applying Sichuan Hebang stock market strength indicators, traders can identify Sichuan Hebang Biotechnology entry and exit signals to maximize returns
Sichuan Hebang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sichuan Hebang's price direction in advance. Along with the technical and fundamental analysis of Sichuan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sichuan 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 | 0.1076 | |||
| Jensen Alpha | 0.3907 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0851 | |||
| Treynor Ratio | (0.94) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sichuan Stock analysis
When running Sichuan Hebang's price analysis, check to measure Sichuan Hebang'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 Sichuan Hebang is operating at the current time. Most of Sichuan Hebang's value examination focuses on studying past and present price action to predict the probability of Sichuan Hebang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sichuan Hebang's price. Additionally, you may evaluate how the addition of Sichuan Hebang to your portfolios can decrease your overall portfolio volatility.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |