Shandong Weigao Group Price on January 5, 2025
SHWGFDelisted Stock | USD 0.96 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 Weigao stands at 0.96, as last reported on the 7th of January, with the highest price reaching 0.96 and the lowest price hitting 0.96 during the day. We have found seventeen technical indicators for Shandong Weigao Group, which you can use to evaluate the volatility of the company. Please validate Shandong Weigao's Variance of 29.34, coefficient of variation of (805.99), and Risk Adjusted Performance of (0.09) to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Shandong 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 Shandong Weigao 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 Weigao by adding Shandong Weigao to a well-diversified portfolio.
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Shandong Weigao Valuation on January 5, 2025
It is possible to determine the worth of Shandong Weigao on a given historical date. On January 5, 2025 Shandong was worth 0.96 at the beginning of the trading date compared to the closed value of 0.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shandong Weigao pink sheet. Still, in general, we apply an absolute valuation method to find Shandong Weigao'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 Weigao where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shandong Weigao's related companies.
Open | High | Low | Close | Volume | |
01/07/2025 | 0.96 | 0.96 | 0.96 | 0.96 | 0.00 |
Backtest Shandong Weigao | | | Shandong Weigao History | | | Shandong Weigao Valuation |
Shandong Weigao Trading Date Momentum on January 5, 2025
Shandong Weigao Group Fundamentals Correlations and Trends
By evaluating Shandong Weigao'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 Weigao'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 Weigao Pink Sheet history
Shandong Weigao 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 Weigao Group 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 Weigao stock prices may prove useful in developing a viable investing in Shandong Weigao
Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, and sale of single-use medical devices in the Peoples Republic of China. The company was incorporated in 2000 and is based in Weihai, the Peoples Republic of China. Shandong Weigao operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 11476 people.
Shandong Weigao Pink Sheet Technical Analysis
Shandong Weigao 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
Shandong Weigao Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Shandong Weigao Group 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 Weigao January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Shandong Weigao 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 Weigao shares will generate the highest return on investment. By undertsting and applying Shandong Weigao pink sheet market strength indicators, traders can identify Shandong Weigao Group entry and exit signals to maximize returns
Shandong Weigao Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shandong Weigao's price direction in advance. Along with the technical and fundamental analysis of Shandong Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shandong 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 | (0.09) | |||
Jensen Alpha | (0.69) | |||
Total Risk Alpha | (0.76) | |||
Treynor Ratio | (1.92) |
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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 price. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in Shandong Pink Sheet
If you are still planning to invest in Shandong Weigao Group 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 Shandong Weigao's history and understand the potential risks before investing.
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