Shanghai Rongtai (China) Price History

603579 Stock   14.30  0.15  1.04%   
Below is the normalized historical share price chart for Shanghai Rongtai Health extending back to January 11, 2017. 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 Shanghai Rongtai stands at 14.30, as last reported on the 27th of November, with the highest price reaching 14.50 and the lowest price hitting 14.20 during the day.
200 Day MA
16.7254
50 Day MA
13.5576
Beta
0.685
 
Covid
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. Shanghai Rongtai appears to be somewhat reliable, given 3 months investment horizon. Shanghai Rongtai Health owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Shanghai Rongtai Health, which you can use to evaluate the volatility of the company. Please review Shanghai Rongtai's Risk Adjusted Performance of 0.0494, coefficient of variation of 1805.24, and Semi Deviation of 2.6 to confirm if our risk estimates are consistent with your expectations.
  
The current year's Other Stockholder Equity is expected to grow to about 50.4 M, whereas Total Stockholder Equity is forecasted to decline to about 1.1 B. . Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1252

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Estimated Market Risk

 2.63
  actual daily
23
77% of assets are more volatile

Expected Return

 0.33
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
9
91% of assets perform better
Based on monthly moving average Shanghai Rongtai is performing at about 9% 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 Shanghai Rongtai by adding it to a well-diversified portfolio.
Price Book
1.3063
Enterprise Value Ebitda
11.3518
Price Sales
1.4603
Shares Float
90.1 M
Wall Street Target Price
15.6

Shanghai Rongtai Stock Price History Chart

There are several ways to analyze Shanghai Stock price data. The simplest method is using a basic Shanghai candlestick price chart, which shows Shanghai Rongtai 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 PriceOctober 8, 202415.34
Lowest PriceSeptember 13, 202411.36

Shanghai Rongtai November 27, 2024 Stock Price Synopsis

Various analyses of Shanghai Rongtai's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Shanghai Stock. It can be used to describe the percentage change in the price of Shanghai Rongtai from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Shanghai Stock.
Shanghai Rongtai Price Action Indicator(0.12)
Shanghai Rongtai Price Daily Balance Of Power(0.50)
Shanghai Rongtai Price Rate Of Daily Change 0.99 

Shanghai Rongtai November 27, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Shanghai 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 Shanghai Rongtai intraday prices and daily technical indicators to check the level of noise trading in Shanghai Stock and then apply it to test your longer-term investment strategies against Shanghai.

Shanghai Stock Price History Data

The price series of Shanghai Rongtai for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 has a statistical range of 3.98 with a coefficient of variation of 7.85. The prices are distributed with arithmetic mean of 13.25. The median price for the last 90 days is 13.45. The company had 1.3:1 stock split on 5th of June 2024. Shanghai Rongtai Health issued dividends on 2024-10-16.
OpenHighLowCloseVolume
11/27/2024
 14.47  14.50  14.20  14.30 
11/26/2024 14.47  14.50  14.20  14.30  1,628,700 
11/25/2024 14.15  14.48  14.00  14.45  2,775,300 
11/22/2024 14.68  14.86  14.02  14.03  3,197,370 
11/21/2024 14.59  14.65  14.45  14.60  1,868,700 
11/20/2024 14.36  14.61  14.32  14.55  2,432,038 
11/19/2024 14.08  14.40  14.03  14.39  2,344,720 
11/18/2024 14.25  14.54  14.00  14.09  2,036,460 
11/15/2024 14.17  14.60  14.17  14.27  2,532,845 
11/14/2024 14.60  14.63  14.27  14.28  1,647,418 
11/13/2024 14.48  14.65  14.20  14.63  2,188,385 
11/12/2024 14.53  14.82  14.30  14.40  2,953,711 
11/11/2024 14.40  14.55  14.12  14.53  2,665,212 
11/08/2024 14.61  14.80  14.30  14.40  2,668,492 
11/07/2024 14.05  14.64  13.99  14.54  3,076,423 
11/06/2024 14.02  14.27  13.97  14.18  2,851,453 
11/05/2024 13.86  14.06  13.75  14.03  2,556,075 
11/04/2024 13.42  13.86  13.42  13.83  2,120,850 
11/01/2024 13.93  13.93  13.48  13.51  2,559,750 
10/31/2024 13.72  13.96  13.61  13.89  3,005,293 
10/30/2024 13.65  13.94  13.53  13.76  2,631,612 
10/29/2024 14.20  14.35  13.75  13.83  2,597,037 
10/28/2024 13.93  14.23  13.90  14.18  2,712,345 
10/25/2024 13.74  14.05  13.74  13.98  2,509,875 
10/24/2024 13.69  13.80  13.58  13.78  1,690,250 
10/23/2024 13.82  13.95  13.67  13.77  2,537,920 
10/22/2024 13.48  13.91  13.45  13.82  2,422,905 
10/21/2024 13.48  13.62  13.30  13.55  2,682,180 
10/18/2024 13.09  13.59  13.01  13.41  3,314,693 
10/17/2024 13.36  13.59  13.05  13.09  2,041,195 
10/16/2024 13.03  13.33  13.03  13.30  2,210,368 
10/15/2024 13.33  13.52  13.10  13.13  2,578,982 
10/14/2024 13.35  13.53  13.13  13.45  2,656,070 
10/11/2024 13.85  13.88  13.13  13.27  3,320,920 
10/10/2024 13.84  14.13  13.73  13.85  3,911,220 
10/09/2024 14.90  14.90  13.86  13.88  5,634,660 
10/08/2024 15.99  16.11  14.53  15.34  8,726,337 
09/30/2024 14.28  14.74  13.61  14.70  8,182,205 
09/27/2024 13.40  13.60  13.17  13.60  3,551,500 
09/26/2024 12.99  13.22  12.80  13.19  3,653,290 
09/25/2024 12.81  13.29  12.68  13.02  6,504,870 
09/24/2024 11.83  12.78  11.83  12.68  4,450,890 
09/23/2024 11.94  12.05  11.84  11.89  1,469,466 
09/20/2024 11.83  12.07  11.60  11.98  2,179,122 
09/19/2024 11.53  11.86  11.51  11.79  2,243,940 
09/18/2024 11.35  11.57  11.12  11.51  1,481,130 
09/13/2024 11.58  11.67  11.35  11.36  1,333,130 
09/12/2024 11.70  11.80  11.54  11.54  1,285,150 
09/11/2024 11.68  11.72  11.58  11.70  870,520 
09/10/2024 11.69  11.75  11.40  11.71  1,596,280 
09/09/2024 11.68  11.80  11.60  11.69  1,236,220 
09/06/2024 12.00  12.15  11.67  11.72  2,028,810 
09/05/2024 11.78  12.02  11.78  12.01  1,374,830 
09/04/2024 11.77  12.00  11.76  11.83  2,033,090 
09/03/2024 11.69  11.94  11.61  11.88  2,310,440 
09/02/2024 12.19  12.21  11.69  11.69  3,451,830 
08/30/2024 12.05  12.45  11.90  12.21  3,445,344 
08/29/2024 11.77  12.11  11.77  12.05  3,184,310 
08/28/2024 12.08  12.18  11.33  12.00  5,471,519 
08/27/2024 12.70  12.82  12.49  12.54  1,360,290 
08/26/2024 12.54  12.76  12.48  12.74  1,430,420 

About Shanghai Rongtai Stock history

Shanghai Rongtai 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 Shanghai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanghai Rongtai Health 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 Shanghai Rongtai stock prices may prove useful in developing a viable investing in Shanghai Rongtai
Last ReportedProjected for Next Year
Common Stock Shares Outstanding180.7 M160.4 M
Net Income Applicable To Common Shares147.8 M178.4 M

Shanghai Rongtai Quarterly Net Working Capital

1.23 Billion

Shanghai Rongtai Stock Technical Analysis

Shanghai Rongtai 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 Shanghai Rongtai technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shanghai Rongtai 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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Shanghai Rongtai Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shanghai Rongtai's price direction in advance. Along with the technical and fundamental analysis of Shanghai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shanghai 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 Shanghai Stock analysis

When running Shanghai Rongtai's price analysis, check to measure Shanghai Rongtai'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 Shanghai Rongtai is operating at the current time. Most of Shanghai Rongtai's value examination focuses on studying past and present price action to predict the probability of Shanghai Rongtai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai Rongtai's price. Additionally, you may evaluate how the addition of Shanghai Rongtai to your portfolios can decrease your overall portfolio volatility.
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