Shareate Tools (China) Price on September 27, 2024
| 688257 Stock | 17.99 0.22 1.24% |
If you're considering investing in Shareate Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shareate Tools stands at 17.99, as last reported on the 11th of December 2024, with the highest price reaching 18.09 and the lowest price hitting 17.61 during the day. Shareate Tools appears to be somewhat reliable, given 3 months investment horizon. Shareate Tools owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. By inspecting Shareate Tools' technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please review Shareate Tools' Coefficient Of Variation of 742.89, risk adjusted performance of 0.105, and Semi Deviation of 2.36 to confirm if our risk estimates are consistent with your expectations.
At present, Shareate Tools' Liabilities And Stockholders 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 1.7 B, whereas Total Stockholder Equity is forecasted to decline to about 1.2 B. . Shareate Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Shareate |
Sharpe Ratio = 0.1753
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688257 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.43 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Shareate Tools is performing at about 13% 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 Shareate Tools by adding it to a well-diversified portfolio.
Price Book 1.481 | Enterprise Value Ebitda 12.3853 | Price Sales 1.8661 | Shares Float 96.2 M | Dividend Share 0.346 |
Shareate Tools Valuation on September 27, 2024
It is possible to determine the worth of Shareate Tools on a given historical date. On September 27, 2024 Shareate was worth 14.4 at the beginning of the trading date compared to the closed value of 14.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shareate Tools stock. Still, in general, we apply an absolute valuation method to find Shareate Tools' 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 Shareate Tools where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shareate Tools' related companies.
| Open | High | Low | Close | Volume | |
| 13.91 | 14.31 | 13.84 | 14.30 | 822,330 | |
09/27/2024 | 14.40 | 14.93 | 14.40 | 14.87 | 977,641 |
| 15.40 | 16.83 | 15.28 | 16.71 | 3,735,349 |
| Backtest Shareate Tools | | | Shareate Tools History | | | Shareate Tools Valuation | Previous | Next |
Shareate Tools Trading Date Momentum on September 27, 2024
| On September 30 2024 Shareate Tools was traded for 16.71 at the closing time. The highest price during the trading period was 16.83 and the lowest recorded bid was listed for 15.28 . The volume for the day was 3.7 M. This history from September 30, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 12.37% . The trading price change to the current price is 30.53% . |
Shareate Tools Fundamentals Correlations and Trends
By evaluating Shareate Tools' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Shareate Tools' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shareate financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shareate Tools Stock history
Shareate Tools 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 Shareate is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shareate Tools 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 Shareate Tools stock prices may prove useful in developing a viable investing in Shareate Tools
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 181.9 M | 96.1 M |
Shareate Tools Quarterly Net Working Capital |
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Shareate Tools Stock Technical Analysis
Shareate Tools 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
Shareate Tools Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Shareate Tools 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.
Shareate Tools December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Shareate Tools stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shareate Tools shares will generate the highest return on investment. By undertsting and applying Shareate Tools stock market strength indicators, traders can identify Shareate Tools entry and exit signals to maximize returns
Shareate Tools Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shareate Tools' price direction in advance. Along with the technical and fundamental analysis of Shareate Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shareate 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 | 0.105 | |||
| Jensen Alpha | 0.5108 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.1161 | |||
| Treynor Ratio | (0.61) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Shareate Stock analysis
When running Shareate Tools' price analysis, check to measure Shareate Tools' 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 Shareate Tools is operating at the current time. Most of Shareate Tools' value examination focuses on studying past and present price action to predict the probability of Shareate Tools' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shareate Tools' price. Additionally, you may evaluate how the addition of Shareate Tools to your portfolios can decrease your overall portfolio volatility.
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