Shanghai Rightongene (China) Price on April 25, 2024
| 688217 Stock | 20.89 0.14 0.67% |
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shanghai Rightongene stands at 20.89, as last reported on the 30th of November, with the highest price reaching 21.24 and the lowest price hitting 20.21 during the day. Shanghai Rightongene appears to be somewhat reliable, given 3 months investment horizon. Shanghai Rightongene owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Shanghai Rightongene's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please review Shanghai Rightongene's Risk Adjusted Performance of 0.1147, coefficient of variation of 718.65, and Semi Deviation of 3.91 to confirm if our risk estimates are consistent with your expectations.
As of November 30, 2024, Total Stockholder Equity is expected to decline to about 885.8 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 55.1 M. Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shanghai |
Sharpe Ratio = 0.1538
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688217 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.82 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.74 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Shanghai Rightongene is performing at about 12% 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 Rightongene by adding it to a well-diversified portfolio.
Price Book 1.2452 | Book Value 14.697 | Enterprise Value 959.1 M | Enterprise Value Ebitda 16.4695 | Price Sales 4.6856 |
Shanghai Rightongene Valuation on April 25, 2024
It is possible to determine the worth of Shanghai Rightongene on a given historical date. On April 25, 2024 Shanghai was worth 23.58 at the beginning of the trading date compared to the closed value of 23.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Rightongene stock. Still, in general, we apply an absolute valuation method to find Shanghai Rightongene'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 Rightongene where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Rightongene's related companies.
| Open | High | Low | Close | Volume | |
| 23.04 | 23.72 | 22.93 | 23.58 | 241,130 | |
04/25/2024 | 23.58 | 24.22 | 23.40 | 23.87 | 203,996 |
| 23.87 | 24.16 | 23.61 | 23.95 | 152,256 |
| Backtest Shanghai Rightongene | | | Shanghai Rightongene History | | | Shanghai Rightongene Valuation | Previous | Next |
Shanghai Rightongene Trading Date Momentum on April 25, 2024
| On April 26 2024 Shanghai Rightongene Biotechnology was traded for 23.95 at the closing time. The highest price during the trading period was 24.16 and the lowest recorded bid was listed for 23.61 . The volume for the day was 152.3 K. This history from April 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.34% . The trading price change to the current price is 9.17% . |
Shanghai Rightongene Fundamentals Correlations and Trends
By evaluating Shanghai Rightongene'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 Rightongene'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 Rightongene Stock history
Shanghai Rightongene 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 Rightongene 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 Rightongene stock prices may prove useful in developing a viable investing in Shanghai Rightongene
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 55.9 M | 55.1 M |
Shanghai Rightongene Quarterly Net Working Capital |
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Shanghai Rightongene Stock Technical Analysis
Shanghai Rightongene 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 Rightongene Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Shanghai Rightongene 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.
Shanghai Rightongene November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanghai Rightongene 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 Rightongene shares will generate the highest return on investment. By undertsting and applying Shanghai Rightongene stock market strength indicators, traders can identify Shanghai Rightongene Biotechnology entry and exit signals to maximize returns
Shanghai Rightongene Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Rightongene'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 | 0.1147 | |||
| Jensen Alpha | 0.6476 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.1179 | |||
| Treynor Ratio | (5.48) |
| 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 Rightongene's price analysis, check to measure Shanghai Rightongene'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 Rightongene is operating at the current time. Most of Shanghai Rightongene's value examination focuses on studying past and present price action to predict the probability of Shanghai Rightongene'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 Rightongene's price. Additionally, you may evaluate how the addition of Shanghai Rightongene to your portfolios can decrease your overall portfolio volatility.
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