Guangdong Skychem (China) Price on January 8, 2025

688603 Stock   74.70  0.65  0.88%   
If you're considering investing in Guangdong Stock, it is important to understand the factors that can impact its price. As of today, the current price of Guangdong Skychem stands at 74.70, as last reported on the 5th of February, with the highest price reaching 75.95 and the lowest price hitting 72.68 during the day. Guangdong Skychem holds Efficiency (Sharpe) Ratio of -0.066, which attests that the entity had a -0.066 % return per unit of standard deviation over the last 3 months. Guangdong Skychem exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Guangdong Skychem's risk adjusted performance of 0.0841, and Market Risk Adjusted Performance of 0.3612 to validate the risk estimate we provide.
  
Guangdong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.066

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Estimated Market Risk

 3.91
  actual daily
34
66% of assets are more volatile

Expected Return

 -0.26
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Guangdong Skychem is not performing at its full potential. However, 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 Guangdong Skychem by adding Guangdong Skychem to a well-diversified portfolio.
Price Book
5.5296
Enterprise Value
5.3 B
Enterprise Value Ebitda
61.0289
Price Sales
17.1132
Enterprise Value Revenue
14.5212

Guangdong Skychem Valuation on January 8, 2025

It is possible to determine the worth of Guangdong Skychem on a given historical date. On January 8, 2025 Guangdong was worth 69.25 at the beginning of the trading date compared to the closed value of 73.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guangdong Skychem stock. Still, in general, we apply an absolute valuation method to find Guangdong Skychem'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 Guangdong Skychem where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guangdong Skychem's related companies.
 Open High Low Close Volume
  70.00    71.70    68.23    71.70    732,456  
01/08/2025
  69.25    74.67    69.24    73.76    774,906  
  74.00    77.34    72.89    73.14    913,633  
Backtest Guangdong Skychem  |  Guangdong Skychem History  |  Guangdong Skychem Valuation   PreviousNext  
Open Value
69.25
73.76
Closing Value
80.98
Upside

Guangdong Skychem Trading Date Momentum on January 8, 2025

On January 09 2025 Guangdong Skychem Technology was traded for  73.14  at the closing time. The highest price during the trading period was 77.34  and the lowest recorded bid was listed for  72.89 . The volume for the day was 913.6 K. This history from January 9, 2025 contributed to the next trading day price decline. The daily price change to the next closing price was 0.84% . The overall trading delta to the current price is 2.94% .

Guangdong Skychem Fundamentals Correlations and Trends

By evaluating Guangdong Skychem'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 Guangdong Skychem's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guangdong financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Guangdong Skychem Stock history

Guangdong Skychem 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 Guangdong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guangdong Skychem 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 Guangdong Skychem stock prices may prove useful in developing a viable investing in Guangdong Skychem

Guangdong Skychem Stock Technical Analysis

Guangdong Skychem 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.
A focus of Guangdong Skychem technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Guangdong Skychem trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Guangdong Skychem Period Price Range

Low
February 5, 2025
0.00  NaN%
High

 0.00 

     

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Guangdong Skychem Technology 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.

Guangdong Skychem February 5, 2025 Market Strength

Market strength indicators help investors to evaluate how Guangdong Skychem stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guangdong Skychem shares will generate the highest return on investment. By undertsting and applying Guangdong Skychem stock market strength indicators, traders can identify Guangdong Skychem Technology entry and exit signals to maximize returns

Guangdong Skychem Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Guangdong Skychem's price direction in advance. Along with the technical and fundamental analysis of Guangdong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guangdong 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.

Complementary Tools for Guangdong Stock analysis

When running Guangdong Skychem's price analysis, check to measure Guangdong Skychem'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 Guangdong Skychem is operating at the current time. Most of Guangdong Skychem's value examination focuses on studying past and present price action to predict the probability of Guangdong Skychem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guangdong Skychem's price. Additionally, you may evaluate how the addition of Guangdong Skychem to your portfolios can decrease your overall portfolio volatility.
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