SZSE Composite (China) Price on November 8, 2024
| SZSC Index | 1,984 12.92 0.65% |
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 1,984, as last reported on the 28th of November, with the highest price reaching 2,006 and the lowest price hitting 1,981 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 0.16, which indicates the index had a 0.16% return per unit of standard deviation over the last 3 months. We have found twenty-five technical indicators for SZSE Composite, which you can use to evaluate the volatility of the index. SZSE Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.1639
| 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
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average SZSE Composite is performing at about 12% 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.
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SZSE Composite Valuation on November 8, 2024
It is possible to determine the worth of SZSE Composite on a given historical date. On November 8, 2024 SZSE was worth 2124.2 at the beginning of the trading date compared to the closed value of 2094.69. 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 | |
| 2,032 | 2,101 | 2,029 | 2,101 | 122,251,296,768 | |
11/08/2024 | 2,124 | 2,132 | 2,089 | 2,095 | 125,343,301,632 |
| 2,083 | 2,134 | 2,081 | 2,134 | 112,188,096,512 |
| Backtest SZSE Composite | | | SZSE Composite History | Previous | Next |
SZSE Composite Trading Date Momentum on November 8, 2024
| On November 11 2024 SZSE Composite was traded for 2,134 at the closing time. The highest price during the trading period was 2,134 and the lowest recorded bid was listed for 2,081 . The volume for the day was 112.2 B. This history from November 11, 2024 contributed to the next trading day price boost. The trading price change to the next closing price was 1.86% . The trading price change to the current price is 3.71% . |
Price Boundaries
SZSE Composite Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
SZSE Composite cannot be verified against its exchange. Please verify the symbol is currently traded on INDX. 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.
SZSE Composite November 28, 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 November 28, 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 | 0.1215 | |||
| Mean Deviation | 1.79 | |||
| Semi Deviation | 1.84 | |||
| Downside Deviation | 2.26 | |||
| Coefficient Of Variation | 670.64 | |||
| Standard Deviation | 2.73 | |||
| Variance | 7.43 | |||
| Information Ratio | 0.1031 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1242 | |||
| Maximum Drawdown | 19.58 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 4.09 | |||
| Downside Variance | 5.13 | |||
| Semi Variance | 3.4 | |||
| Expected Short fall | (2.02) | |||
| Skewness | 0.8809 | |||
| Kurtosis | 5.06 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |