Shanghai Laimu (China) Price on October 8, 2024
| 603633 Stock | 8.24 0.05 0.61% |
Below is the normalized historical share price chart for Shanghai Laimu Electronics extending back to November 17, 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 Shanghai Laimu stands at 8.24, as last reported on the 12th of December 2024, with the highest price reaching 8.25 and the lowest price hitting 8.14 during the day.
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. Shanghai Laimu appears to be slightly risky, given 3 months investment horizon. Shanghai Laimu Elect owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. By inspecting Shanghai Laimu's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please review Shanghai Laimu's Semi Deviation of 2.47, coefficient of variation of 704.52, and Risk Adjusted Performance of 0.1103 to confirm if our risk estimates are consistent with your expectations.
At present, Shanghai Laimu's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 26.9 M, whereas Common Stock is forecasted to decline to about 156.9 M. . Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.4622 | 50 Day MA 7.4634 | Beta (0.12) |
Shanghai |
Sharpe Ratio = 0.19
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603633 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.41 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Shanghai Laimu is performing at about 14% 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 Laimu by adding it to a well-diversified portfolio.
Price Book 1.7901 | Enterprise Value Ebitda 36.139 | Price Sales 2.5808 | Shares Float 254.3 M | Wall Street Target Price 18 |
Shanghai Laimu Valuation on October 8, 2024
It is possible to determine the worth of Shanghai Laimu on a given historical date. On October 8, 2024 Shanghai was worth 7.93 at the beginning of the trading date compared to the closed value of 7.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Laimu stock. Still, in general, we apply an absolute valuation method to find Shanghai Laimu'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 Laimu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Laimu's related companies.
| Open | High | Low | Close | Volume | |
| 6.97 | 7.21 | 6.68 | 7.21 | 20,689,512 | |
10/08/2024 | 7.93 | 7.93 | 7.16 | 7.69 | 29,139,809 |
| 7.52 | 7.52 | 6.92 | 6.93 | 20,724,502 |
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Shanghai Laimu Trading Date Momentum on October 8, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Shanghai Laimu Elect Fundamentals Correlations and Trends
By evaluating Shanghai Laimu'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 Laimu'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 Laimu Stock history
Shanghai Laimu 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 Laimu Elect 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 Laimu stock prices may prove useful in developing a viable investing in Shanghai Laimu
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 490.8 M | 335 M | |
| Net Income Applicable To Common Shares | 54.9 M | 49.4 M |
Shanghai Laimu Quarterly Net Working Capital |
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Shanghai Laimu Stock Technical Analysis
Shanghai Laimu 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 Laimu Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Shanghai Laimu Electronics 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 Laimu December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanghai Laimu 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 Laimu shares will generate the highest return on investment. By undertsting and applying Shanghai Laimu stock market strength indicators, traders can identify Shanghai Laimu Electronics entry and exit signals to maximize returns
Shanghai Laimu Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Laimu'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 | 0.1103 | |||
| Jensen Alpha | 0.4586 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.121 | |||
| Treynor Ratio | (5.07) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shanghai Stock analysis
When running Shanghai Laimu's price analysis, check to measure Shanghai Laimu'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 Laimu is operating at the current time. Most of Shanghai Laimu's value examination focuses on studying past and present price action to predict the probability of Shanghai Laimu'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 Laimu's price. Additionally, you may evaluate how the addition of Shanghai Laimu to your portfolios can decrease your overall portfolio volatility.
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