Shanghai Baosight (China) Price on November 21, 2023

900926 Stock   1.65  0.02  1.20%   
Below is the normalized historical share price chart for Shanghai Baosight Software extending back to March 15, 1994. 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 Baosight stands at 1.65, as last reported on the 11th of December 2024, with the highest price reaching 1.69 and the lowest price hitting 1.65 during the day.
IPO Date
8th of October 1993
200 Day MA
1.743
50 Day MA
1.6268
Beta
0.393
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. Shanghai Baosight appears to be very risky, given 3 months investment horizon. Shanghai Baosight 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. We have found twenty-nine technical indicators for Shanghai Baosight Software, which you can use to evaluate the volatility of the company. Please review Shanghai Baosight's Coefficient Of Variation of 1392.26, risk adjusted performance of 0.0589, and Semi Deviation of 1.94 to confirm if our risk estimates are consistent with your expectations.
  
At present, Shanghai Baosight's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 2.4 B, whereas Other Stockholder Equity is projected to grow to (3.4 M). . Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1545

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Estimated Market Risk

 2.43
  actual daily
21
79% of assets are more volatile

Expected Return

 0.38
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
12
88% of assets perform better
Based on monthly moving average Shanghai Baosight 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 Baosight by adding it to a well-diversified portfolio.
Price Book
3.1052
Enterprise Value Ebitda
22.2425
Price Sales
0.6849
Shares Float
1.4 B
Wall Street Target Price
1.8476

Shanghai Baosight Valuation on November 21, 2023

It is possible to determine the worth of Shanghai Baosight on a given historical date. On November 21, 2023 Shanghai was worth 2.15 at the beginning of the trading date compared to the closed value of 2.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Baosight stock. Still, in general, we apply an absolute valuation method to find Shanghai Baosight'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 Baosight where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Baosight's related companies.
 Open High Low Close Volume
  2.17    2.19    2.15    2.15    791,757  
11/21/2023
  2.15    2.17    2.11    2.13    1,340,440  
  2.13    2.13    2.05    2.06    1,281,762  
Backtest Shanghai Baosight  |  Shanghai Baosight History  |  Shanghai Baosight Valuation   PreviousNext  
Open Value
2.15
2.13
Closing Value
9.44
Upside

Shanghai Baosight Trading Date Momentum on November 21, 2023

On November 22 2023 Shanghai Baosight Software was traded for  2.06  at the closing time. The highest price during the trading period was 2.13  and the lowest recorded bid was listed for  2.05 . The volume for the day was 1.3 M. This history from November 22, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 3.29% . The trading price change to the current price is 10.80% .

Shanghai Baosight Fundamentals Correlations and Trends

By evaluating Shanghai Baosight'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 Baosight'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 Baosight Stock history

Shanghai Baosight 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 Baosight 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 Baosight stock prices may prove useful in developing a viable investing in Shanghai Baosight
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.4 B1.8 B
Net Income Applicable To Common Shares2.5 B2.6 B

Shanghai Baosight Quarterly Net Working Capital

8.1 Billion

Shanghai Baosight Stock Technical Analysis

Shanghai Baosight 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 Shanghai Baosight technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shanghai Baosight 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

Shanghai Baosight Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Shanghai Baosight Software 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 Baosight December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Shanghai Baosight 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 Baosight shares will generate the highest return on investment. By undertsting and applying Shanghai Baosight stock market strength indicators, traders can identify Shanghai Baosight Software entry and exit signals to maximize returns

Shanghai Baosight Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shanghai Baosight'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.

Complementary Tools for Shanghai Stock analysis

When running Shanghai Baosight's price analysis, check to measure Shanghai Baosight'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 Baosight is operating at the current time. Most of Shanghai Baosight's value examination focuses on studying past and present price action to predict the probability of Shanghai Baosight'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 Baosight's price. Additionally, you may evaluate how the addition of Shanghai Baosight to your portfolios can decrease your overall portfolio volatility.
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