Tianjin Silvery (China) Price on March 4, 2024
| 603969 Stock | 5.89 0.07 1.20% |
Below is the normalized historical share price chart for Tianjin Silvery Dragon extending back to February 27, 2015. 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 Tianjin Silvery stands at 5.89, as last reported on the 1st of December, with the highest price reaching 5.96 and the lowest price hitting 5.52 during the day.
If you're considering investing in Tianjin Stock, it is important to understand the factors that can impact its price. Tianjin Silvery appears to be slightly risky, given 3 months investment horizon. Tianjin Silvery Dragon owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. By inspecting Tianjin Silvery's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please review Tianjin Silvery's Semi Deviation of 1.73, coefficient of variation of 494.21, and Risk Adjusted Performance of 0.162 to confirm if our risk estimates are consistent with your expectations.
At present, Tianjin Silvery's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 927.6 M, whereas Total Stockholder Equity is forecasted to decline to about 1.6 B. . Tianjin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 5.1267 | 50 Day MA 5.2902 |
Tianjin |
Sharpe Ratio = 0.206
| Best Portfolio | Best Equity | |||
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| Small Returns | 603969 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Tianjin Silvery is performing at about 16% 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 Tianjin Silvery by adding it to a well-diversified portfolio.
Price Book 2.1372 | Book Value 2.751 | Enterprise Value 5.5 B | Enterprise Value Ebitda 17.9916 | Price Sales 1.7164 |
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Tianjin Silvery Valuation on March 4, 2024
It is possible to determine the worth of Tianjin Silvery on a given historical date. On March 4, 2024 Tianjin was worth 5.49 at the beginning of the trading date compared to the closed value of 5.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tianjin Silvery stock. Still, in general, we apply an absolute valuation method to find Tianjin Silvery'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 Tianjin Silvery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tianjin Silvery's related companies.
| Open | High | Low | Close | Volume | |
| 5.27 | 5.50 | 5.17 | 5.45 | 13,643,411 | |
03/04/2024 | 5.49 | 5.74 | 5.45 | 5.70 | 22,055,918 |
| 5.69 | 5.86 | 5.55 | 5.55 | 16,953,369 |
| Backtest Tianjin Silvery | | | Tianjin Silvery History | | | Tianjin Silvery Valuation | Previous | Next |
Tianjin Silvery Trading Date Momentum on March 4, 2024
| On March 05 2024 Tianjin Silvery Dragon was traded for 5.55 at the closing time. The highest price during the trading period was 5.86 and the lowest recorded bid was listed for 5.55 . The volume for the day was 17 M. This history from March 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.63% . The trading price change to the current price is 2.46% . |
Tianjin Silvery Dragon Fundamentals Correlations and Trends
By evaluating Tianjin Silvery'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 Tianjin Silvery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tianjin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tianjin Silvery Stock history
Tianjin Silvery 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 Tianjin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tianjin Silvery Dragon 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 Tianjin Silvery stock prices may prove useful in developing a viable investing in Tianjin Silvery
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 854.8 M | 927.3 M | |
| Net Income Applicable To Common Shares | 119.4 M | 134 M |
Tianjin Silvery Quarterly Net Working Capital |
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Tianjin Silvery Stock Technical Analysis
Tianjin Silvery 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
Tianjin Silvery Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Tianjin Silvery Dragon 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.
Tianjin Silvery December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Tianjin Silvery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tianjin Silvery shares will generate the highest return on investment. By undertsting and applying Tianjin Silvery stock market strength indicators, traders can identify Tianjin Silvery Dragon entry and exit signals to maximize returns
Tianjin Silvery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tianjin Silvery's price direction in advance. Along with the technical and fundamental analysis of Tianjin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tianjin 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 | 0.162 | |||
| Jensen Alpha | 0.6254 | |||
| Total Risk Alpha | 0.0906 | |||
| Sortino Ratio | 0.1964 | |||
| Treynor Ratio | (1.19) |
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| Math Transform | ||
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| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Tianjin Stock analysis
When running Tianjin Silvery's price analysis, check to measure Tianjin Silvery'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 Tianjin Silvery is operating at the current time. Most of Tianjin Silvery's value examination focuses on studying past and present price action to predict the probability of Tianjin Silvery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tianjin Silvery's price. Additionally, you may evaluate how the addition of Tianjin Silvery to your portfolios can decrease your overall portfolio volatility.
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