SZSE Composite (China) Price on September 5, 2024
| SZSC Index | 2,017 33.15 1.67% |
Below is the normalized historical share price chart for SZSE Composite extending back to April 03, 1991. 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 SZSE Composite stands at 2,017, as last reported on the 2nd of December, with the highest price reaching 2,035 and the lowest price hitting 1,975 during the day.
If you're considering investing in SZSE Index, it is important to understand the factors that can impact its price. SZSE Composite owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the index had a 0.18% return per unit of standard deviation over the last 3 months. By inspecting SZSE Composite's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. SZSE Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.1799
| Best Portfolio | Best Equity | |||
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| Small Returns | SZSC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.87 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average SZSE Composite is performing at about 14% 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 SZSE Composite by adding it to a well-diversified portfolio.
SZSE Composite Valuation on September 5, 2024
It is possible to determine the worth of SZSE Composite on a given historical date. On September 5, 2024 SZSE was worth 1521.85 at the beginning of the trading date compared to the closed value of 1529.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SZSE Composite index. Still, in general, we apply an absolute valuation method to find SZSE Composite'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 SZSE Composite where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SZSE Composite's related companies.
| Open | High | Low | Close | Volume | |
| 1,520 | 1,535 | 1,517 | 1,522 | 36,236,836,864 | |
09/05/2024 | 1,522 | 1,537 | 1,522 | 1,530 | 34,757,509,120 |
| 1,530 | 1,531 | 1,505 | 1,505 | 36,378,775,552 |
| Backtest SZSE Composite | | | SZSE Composite History | Previous | Next |
SZSE Composite Trading Date Momentum on September 5, 2024
| On September 06 2024 SZSE Composite was traded for 1,505 at the closing time. The highest price during the trading period was 1,531 and the lowest recorded bid was listed for 1,505 . The volume for the day was 36.4 B. This history from September 6, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.60% . The trading price change to the current price is 3.58% . |
Price Boundaries
SZSE Composite Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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SZSE Composite December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how SZSE Composite index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SZSE Composite shares will generate the highest return on investment. By undertsting and applying SZSE Composite index market strength indicators, traders can identify SZSE Composite entry and exit signals to maximize returns
SZSE Composite Technical Drivers
SZSE Composite December 2, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SZSE Composite's price direction in advance. Along with the technical and fundamental analysis of SZSE Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of SZSE 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 | 0.1371 | |||
| Mean Deviation | 1.82 | |||
| Semi Deviation | 1.82 | |||
| Downside Deviation | 2.34 | |||
| Coefficient Of Variation | 588.63 | |||
| Standard Deviation | 2.73 | |||
| Variance | 7.47 | |||
| Information Ratio | 0.1195 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.1396 | |||
| Maximum Drawdown | 19.58 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 4.09 | |||
| Downside Variance | 5.47 | |||
| Semi Variance | 3.33 | |||
| Expected Short fall | (2.00) | |||
| Skewness | 0.8164 | |||
| Kurtosis | 4.9 |
| Cycle Indicators | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |