Shanghai Fosun Pharmaceutical Price on May 23, 2024
SFOSFDelisted Stock | USD 1.70 0.00 0.00% |
If you're considering investing in Shanghai Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Shanghai Fosun stands at 1.70, as last reported on the 28th of November, with the highest price reaching 1.70 and the lowest price hitting 1.70 during the day. We have found eighteen technical indicators for Shanghai Fosun Pharmaceutical, which you can use to evaluate the volatility of the company. Please validate Shanghai Fosun's Coefficient Of Variation of 1220.18, risk adjusted performance of 0.0689, and Variance of 3.76 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Shanghai Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Shanghai Fosun 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 Shanghai Fosun by adding Shanghai Fosun to a well-diversified portfolio.
Shanghai Fosun Valuation on May 23, 2024
It is possible to determine the worth of Shanghai Fosun on a given historical date. On May 23, 2024 Shanghai was worth 1.7 at the beginning of the trading date compared to the closed value of 1.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Fosun pink sheet. Still, in general, we apply an absolute valuation method to find Shanghai Fosun'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 Fosun where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Fosun's related companies.
Open | High | Low | Close | Volume | |
1.70 | 1.70 | 1.70 | 1.70 | 15,500 | |
05/23/2024 | 1.70 | 1.70 | 1.70 | 1.70 | 1.00 |
1.70 | 1.70 | 1.70 | 1.70 | 1.00 |
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Shanghai Fosun Trading Date Momentum on May 23, 2024
On May 24 2024 Shanghai Fosun Pharmaceutical was traded for 1.70 at the closing time. The highest daily price throughout the period was 1.70 and the lowest price was 1.70 . There was no trading activity during the period 1.0. Lack of trading volume on 05/24/2024 did not result in any price rise and fall. The trading price change to current closing price is 2.35% . |
Shanghai Fosun Pharm Fundamentals Correlations and Trends
By evaluating Shanghai Fosun'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 Fosun'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 Fosun Pink Sheet history
Shanghai Fosun 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 Fosun Pharm 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 Fosun stock prices may prove useful in developing a viable investing in Shanghai Fosun
Shanghai Fosun Pharmaceutical Co., Ltd. develops, manufactures, and sells pharmaceutical products in Mainland China and internationally. Shanghai Fosun Pharmaceutical Co., Ltd. was founded in 1994 and is based in Shanghai, China. Shanghai Fosun operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on OTC Exchange. It employs 36604 people.
Shanghai Fosun Pink Sheet Technical Analysis
Shanghai Fosun technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Shanghai Fosun Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Shanghai Fosun Pharmaceutical cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Fosun November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Shanghai Fosun pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanghai Fosun shares will generate the highest return on investment. By undertsting and applying Shanghai Fosun pink sheet market strength indicators, traders can identify Shanghai Fosun Pharmaceutical entry and exit signals to maximize returns
Shanghai Fosun Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shanghai Fosun's price direction in advance. Along with the technical and fundamental analysis of Shanghai Pink Sheet 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 | 0.0689 | |||
Jensen Alpha | 0.1391 | |||
Total Risk Alpha | (0.14) | |||
Treynor Ratio | 1.73 |
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in Shanghai Pink Sheet
If you are still planning to invest in Shanghai Fosun Pharm check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Shanghai Fosun's history and understand the potential risks before investing.
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