Shandong Mining (China) Price History

002526 Stock   2.80  0.03  1.06%   
Below is the normalized historical share price chart for Shandong Mining Machinery extending back to December 17, 2010. 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 Shandong Mining stands at 2.80, as last reported on the 22nd of November, with the highest price reaching 2.82 and the lowest price hitting 2.77 during the day.
IPO Date
17th of December 2010
200 Day MA
2.5696
50 Day MA
2.5018
Beta
0.591
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shandong Stock, it is important to understand the factors that can impact its price. Shandong Mining appears to be risky, given 3 months investment horizon. Shandong Mining Machinery owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting Shandong Mining's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review Shandong Mining's Semi Deviation of 2.65, coefficient of variation of 915.21, and Risk Adjusted Performance of 0.0908 to confirm if our risk estimates are consistent with your expectations.
  
The current year's Common Stock is expected to grow to about 2.2 B, whereas Total Stockholder Equity is forecasted to decline to about 2.1 B. . Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1613

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Estimated Market Risk

 3.13
  actual daily
27
73% of assets are more volatile

Expected Return

 0.5
  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 Shandong Mining 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 Shandong Mining by adding it to a well-diversified portfolio.
Price Book
1.6196
Enterprise Value Ebitda
44.935
Price Sales
2.1518
Shares Float
1.3 B
Dividend Share
0.023

Shandong Mining Stock Price History Chart

There are several ways to analyze Shandong Stock price data. The simplest method is using a basic Shandong candlestick price chart, which shows Shandong Mining price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 7, 20243.07
Lowest PriceSeptember 18, 20242.07

Shandong Mining November 22, 2024 Stock Price Synopsis

Various analyses of Shandong Mining's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Shandong Stock. It can be used to describe the percentage change in the price of Shandong Mining from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Shandong Stock.
Shandong Mining Price Rate Of Daily Change 0.99 
Shandong Mining Price Daily Balance Of Power(0.60)
Shandong Mining Price Action Indicator(0.01)

Shandong Mining November 22, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Shandong Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Shandong Mining intraday prices and daily technical indicators to check the level of noise trading in Shandong Stock and then apply it to test your longer-term investment strategies against Shandong.

Shandong Stock Price History Data

The price series of Shandong Mining for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 has a statistical range of 1.0 with a coefficient of variation of 12.28. The prices are distributed with arithmetic mean of 2.44. The median price for the last 90 days is 2.38. The company had 1.7:1 stock split on 20th of September 2018. Shandong Mining Machinery issued dividends on 2024-07-08.
OpenHighLowCloseVolume
11/22/2024
 2.82  2.82  2.77  2.80 
11/21/2024 2.82  2.82  2.77  2.80  42,908,910 
11/20/2024 2.73  2.83  2.73  2.83  61,615,108 
11/19/2024 2.69  2.75  2.66  2.75  55,623,555 
11/18/2024 2.71  2.76  2.66  2.68  61,980,081 
11/15/2024 2.78  2.82  2.70  2.71  57,659,781 
11/14/2024 2.89  2.90  2.78  2.79  52,822,681 
11/13/2024 2.94  2.97  2.83  2.91  73,323,566 
11/12/2024 3.06  3.09  2.91  2.94  89,781,199 
11/11/2024 3.01  3.06  2.98  3.02  88,652,045 
11/08/2024 3.09  3.12  2.98  2.99  126,386,046 
11/07/2024 2.94  3.13  2.90  3.07  174,563,966 
11/06/2024 2.99  3.14  2.94  2.99  209,719,073 
11/05/2024 2.73  2.94  2.71  2.90  168,707,469 
11/04/2024 2.69  2.75  2.68  2.73  62,472,529 
11/01/2024 2.77  2.79  2.66  2.67  83,623,177 
10/31/2024 2.72  2.81  2.72  2.77  110,242,750 
10/30/2024 2.62  2.73  2.61  2.71  86,089,007 
10/29/2024 2.75  2.76  2.63  2.64  85,091,046 
10/28/2024 2.71  2.78  2.70  2.76  102,050,604 
10/25/2024 2.65  2.71  2.63  2.67  113,904,656 
10/24/2024 2.59  2.80  2.57  2.70  150,349,286 
10/23/2024 2.58  2.63  2.55  2.57  84,378,885 
10/22/2024 2.57  2.64  2.55  2.59  116,320,384 
10/21/2024 2.42  2.64  2.42  2.56  135,978,553 
10/18/2024 2.34  2.43  2.32  2.40  57,478,199 
10/17/2024 2.38  2.42  2.33  2.34  43,757,504 
10/16/2024 2.36  2.41  2.34  2.38  34,851,083 
10/15/2024 2.42  2.43  2.38  2.39  36,397,043 
10/14/2024 2.38  2.43  2.38  2.43  44,198,376 
10/11/2024 2.47  2.47  2.34  2.37  56,612,592 
10/10/2024 2.49  2.55  2.41  2.48  62,415,543 
10/09/2024 2.66  2.67  2.47  2.47  99,569,193 
10/08/2024 2.87  2.87  2.62  2.74  149,230,256 
09/30/2024 2.49  2.64  2.41  2.61  133,537,864 
09/27/2024 2.32  2.44  2.30  2.40  77,923,359 
09/26/2024 2.20  2.29  2.20  2.29  43,320,422 
09/25/2024 2.19  2.27  2.19  2.21  47,993,019 
09/24/2024 2.12  2.18  2.11  2.18  39,078,456 
09/23/2024 2.11  2.13  2.10  2.11  14,450,200 
09/20/2024 2.13  2.14  2.10  2.12  17,872,202 
09/19/2024 2.08  2.15  2.07  2.14  32,807,727 
09/18/2024 2.09  2.09  2.04  2.07  17,075,504 
09/13/2024 2.11  2.11  2.07  2.08  13,354,456 
09/12/2024 2.09  2.14  2.09  2.11  19,631,873 
09/11/2024 2.11  2.12  2.07  2.09  16,353,982 
09/10/2024 2.11  2.14  2.09  2.12  18,939,604 
09/09/2024 2.10  2.12  2.06  2.11  17,355,641 
09/06/2024 2.13  2.15  2.10  2.11  21,780,039 
09/05/2024 2.11  2.14  2.11  2.13  14,186,834 
09/04/2024 2.13  2.15  2.11  2.11  18,245,567 
09/03/2024 2.14  2.17  2.12  2.15  17,342,117 
09/02/2024 2.19  2.20  2.14  2.14  25,253,770 
08/30/2024 2.16  2.22  2.15  2.20  30,463,700 
08/29/2024 2.12  2.17  2.11  2.16  20,116,736 
08/28/2024 2.10  2.15  2.10  2.13  14,309,866 
08/27/2024 2.14  2.15  2.11  2.12  13,691,900 
08/26/2024 2.12  2.16  2.11  2.15  17,747,981 
08/23/2024 2.16  2.17  2.09  2.12  33,485,985 
08/22/2024 2.23  2.24  2.19  2.20  17,414,500 
08/21/2024 2.22  2.25  2.22  2.23  14,227,670 

About Shandong Mining Stock history

Shandong Mining 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 Mining Machinery 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 Mining stock prices may prove useful in developing a viable investing in Shandong Mining
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.1 BB
Net Income Applicable To Common Shares132.6 M69.9 M

Shandong Mining Quarterly Net Working Capital

1.6 Billion

Shandong Mining Stock Technical Analysis

Shandong Mining technical stock 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, stock market cycles, or different charting patterns.
A focus of Shandong Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shandong Mining 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...

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Shandong Mining Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shandong Mining's price direction in advance. Along with the technical and fundamental analysis of Shandong Stock 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.

Complementary Tools for Shandong Stock analysis

When running Shandong Mining's price analysis, check to measure Shandong Mining'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 Mining is operating at the current time. Most of Shandong Mining's value examination focuses on studying past and present price action to predict the probability of Shandong Mining'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 Mining's price. Additionally, you may evaluate how the addition of Shandong Mining to your portfolios can decrease your overall portfolio volatility.
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