Shenzhen Expressway Stock Price on November 18, 2024
| SHZNF Stock | USD 0.89 0.00 0.00% |
If you're considering investing in Shenzhen Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Shenzhen Expressway stands at 0.89, as last reported on the 23rd of November, with the highest price reaching 0.89 and the lowest price hitting 0.89 during the day. Shenzhen Expressway owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Shenzhen Expressway exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shenzhen Expressway's Variance of 1.03, risk adjusted performance of (0.09), and Coefficient Of Variation of (812.40) to confirm the risk estimate we provide.
Shenzhen Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Shenzhen |
Sharpe Ratio = -0.124
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Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Shenzhen Expressway 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 Shenzhen Expressway by adding Shenzhen Expressway to a well-diversified portfolio.
Shenzhen Expressway Valuation on November 18, 2024
It is possible to determine the worth of Shenzhen Expressway on a given historical date. On November 18, 2024 Shenzhen was worth 0.89 at the beginning of the trading date compared to the closed value of 0.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shenzhen Expressway pink sheet. Still, in general, we apply an absolute valuation method to find Shenzhen Expressway'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 Shenzhen Expressway where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shenzhen Expressway's related companies.
| Open | High | Low | Close | Volume | |
| 0.89 | 0.89 | 0.89 | 0.89 | 1.00 | |
11/18/2024 | 0.89 | 0.89 | 0.89 | 0.89 | 1.00 |
| 0.89 | 0.89 | 0.89 | 0.89 | 1.00 |
| Backtest Shenzhen Expressway | | | Shenzhen Expressway History | | | Shenzhen Expressway Valuation | Previous | Next |
Shenzhen Expressway Trading Date Momentum on November 18, 2024
| On November 19 2024 Shenzhen Expressway was traded for 0.89 at the closing time. The highest daily price throughout the period was 0.89 and the lowest price was 0.89 . There was no trading activity during the period 1.0. Lack of trading volume on 11/19/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
Shenzhen Expressway Fundamentals Correlations and Trends
By evaluating Shenzhen Expressway'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 Shenzhen Expressway's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shenzhen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Shenzhen Expressway Pink Sheet history
Shenzhen Expressway 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 Shenzhen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shenzhen Expressway 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 Shenzhen Expressway stock prices may prove useful in developing a viable investing in Shenzhen Expressway
Shenzhen Expressway Corporation Limited, together with its subsidiaries, primarily invests in, constructs, operates, and manages toll highways and roads, as well as other urban and transport infrastructure in the Peoples Republic of China. Shenzhen Expressway Corporation Limited is a subsidiary of Shenzhen International Holdings Limited. Shenzhen Express operates under Infrastructure Operations classification in the United States and is traded on OTC Exchange. It employs 7032 people.
Shenzhen Expressway Pink Sheet Technical Analysis
Shenzhen Expressway 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
Shenzhen Expressway Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Shenzhen Expressway 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.
Shenzhen Expressway November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Shenzhen Expressway 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 Shenzhen Expressway shares will generate the highest return on investment. By undertsting and applying Shenzhen Expressway pink sheet market strength indicators, traders can identify Shenzhen Expressway entry and exit signals to maximize returns
Shenzhen Expressway Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shenzhen Expressway's price direction in advance. Along with the technical and fundamental analysis of Shenzhen Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shenzhen 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 | (0.14) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (16.87) |
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| Volume Indicators |
Complementary Tools for Shenzhen Pink Sheet analysis
When running Shenzhen Expressway's price analysis, check to measure Shenzhen Expressway'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 Shenzhen Expressway is operating at the current time. Most of Shenzhen Expressway's value examination focuses on studying past and present price action to predict the probability of Shenzhen Expressway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shenzhen Expressway's price. Additionally, you may evaluate how the addition of Shenzhen Expressway to your portfolios can decrease your overall portfolio volatility.
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