Shandong Molong Petroleum Stock Price on September 25, 2024

SHANF Stock  USD 0.23  0.00  0.00%   
If you're considering investing in Shandong Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Shandong Molong stands at 0.23, as last reported on the 29th of November, with the highest price reaching 0.23 and the lowest price hitting 0.23 during the day. We have found three technical indicators for Shandong Molong Petroleum, which you can use to evaluate the volatility of the company.
  
Shandong Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Shandong Molong 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 Shandong Molong by adding Shandong Molong to a well-diversified portfolio.

Shandong Molong Valuation on September 25, 2024

It is possible to determine the worth of Shandong Molong on a given historical date. On September 25, 2024 Shandong was worth 0.23 at the beginning of the trading date compared to the closed value of 0.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shandong Molong pink sheet. Still, in general, we apply an absolute valuation method to find Shandong Molong'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 Shandong Molong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shandong Molong's related companies.
 Open High Low Close Volume
  0.23    0.23    0.23    0.23    1.00  
09/25/2024
  0.23    0.23    0.23    0.23    1.00  
  0.23    0.23    0.23    0.23    1.00  
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Open Value
0.23
0.23
Closing Value
0.23
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Shandong Molong Trading Date Momentum on September 25, 2024

On September 26 2024 Shandong Molong Petroleum was traded for  0.23  at the closing time. The highest daily price throughout the period was 0.23  and the lowest price was  0.23 . There was no trading activity during the period 1.0. Lack of trading volume on 09/26/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% .

Shandong Molong Petroleum Fundamentals Correlations and Trends

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

About Shandong Molong Pink Sheet history

Shandong Molong 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 Shandong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shandong Molong Petroleum 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 Shandong Molong stock prices may prove useful in developing a viable investing in Shandong Molong
Shandong Molong Petroleum Machinery Company Limited engages in the design, research and development, production, and sale of products for the energy equipment industry in the Peoples Republic of China. Shandong Molong Petroleum Machinery Company Limited was founded in 2001 and is based in Shouguang City, China. Shandong Molomg operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange.

Shandong Molong Pink Sheet Technical Analysis

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

Shandong Molong Period Price Range

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November 29, 2024
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Shandong Molong Petroleum 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.

Shandong Molong November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Shandong Molong 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 Shandong Molong shares will generate the highest return on investment. By undertsting and applying Shandong Molong pink sheet market strength indicators, traders can identify Shandong Molong Petroleum entry and exit signals to maximize returns

Complementary Tools for Shandong Pink Sheet analysis

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