Shandong Weigao Group Stock Price History

SHWGY Stock  USD 2.27  0.04  1.79%   
If you're considering investing in Shandong Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Shandong Weigao stands at 2.27, as last reported on the 1st of December, with the highest price reaching 2.27 and the lowest price hitting 2.27 during the day. Shandong Weigao appears to be dangerous, given 3 months investment horizon. Shandong Weigao Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0614, which indicates the firm had a 0.0614% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Shandong Weigao Group, which you can use to evaluate the volatility of the company. Please review Shandong Weigao's Coefficient Of Variation of 2142.4, semi deviation of 4.51, and Risk Adjusted Performance of 0.0442 to confirm if our risk estimates are consistent with your expectations.
  
Shandong Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0614

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Estimated Market Risk

 4.96
  actual daily
44
56% of assets are more volatile

Expected Return

 0.3
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Shandong Weigao is performing at about 4% 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 Weigao by adding it to a well-diversified portfolio.

Shandong Weigao Pink Sheet 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 Weigao 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 7, 20243.26
Lowest PriceNovember 25, 20242.02

Shandong Weigao December 1, 2024 Pink Sheet Price Synopsis

Various analyses of Shandong Weigao's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Shandong Pink Sheet. It can be used to describe the percentage change in the price of Shandong Weigao 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 Pink Sheet.
Shandong Weigao Price Action Indicator 0.02 
Shandong Weigao Price Rate Of Daily Change 1.02 

Shandong Weigao December 1, 2024 Pink Sheet 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 Weigao 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 Pink Sheet Price History Data

The price series of Shandong Weigao for the period between Mon, Sep 2, 2024 and Sun, Dec 1, 2024 has a statistical range of 1.24 with a coefficient of variation of 12.27. The price distribution for the period has arithmetic mean of 2.46. The median price for the last 90 days is 2.42. The company had dividends distributed to its stock-holders on 2022-10-03.
OpenHighLowCloseVolume
12/01/2024
 2.27  2.27  2.27  2.27 
11/29/2024 2.27  2.27  2.27  2.27  75.00 
11/27/2024 2.27  2.27  2.27  2.27  10,700 
11/26/2024 2.23  2.23  2.23  2.23  400.00 
11/25/2024 2.22  2.22  2.02  2.02  2,500 
11/22/2024 2.29  2.29  2.29  2.29  1.00 
11/21/2024 2.29  2.29  2.29  2.29  400.00 
11/20/2024 2.25  2.25  2.25  2.25  1.00 
11/19/2024 2.25  2.25  2.25  2.25  449.00 
11/18/2024 2.29  2.29  2.29  2.29  248.00 
11/15/2024 2.26  2.26  2.26  2.26  300.00 
11/14/2024 2.44  2.44  2.44  2.44  124.00 
11/13/2024 2.44  2.44  2.44  2.44  4,553 
11/12/2024 2.58  2.58  2.58  2.58  1.00 
11/11/2024 2.58  2.58  2.58  2.58  12,049 
11/08/2024 2.65  2.65  2.58  2.58  1,700 
11/07/2024 2.78  2.78  2.57  2.57  1,100 
11/06/2024 2.46  2.46  2.39  2.39  2,400 
11/05/2024 2.63  2.63  2.63  2.63  1.00 
11/04/2024 2.63  2.63  2.63  2.63  1.00 
11/01/2024 2.63  2.63  2.63  2.63  10,700 
10/31/2024 2.63  2.63  2.63  2.63  1.00 
10/30/2024 2.63  2.63  2.63  2.63  160.00 
10/29/2024 2.77  2.77  2.77  2.77  281.00 
10/28/2024 2.56  2.74  2.56  2.74  396.00 
10/25/2024 2.50  2.50  2.50  2.50  1.00 
10/24/2024 2.50  2.50  2.50  2.50  105,800 
10/23/2024 2.55  2.55  2.55  2.55  1.00 
10/21/2024 2.57  2.57  2.57  2.57  100.00 
10/18/2024 2.56  2.56  2.56  2.56  1.00 
10/17/2024 2.51  2.51  2.51  2.51  19.00 
10/16/2024 2.49  2.49  2.49  2.49  1,353 
10/15/2024 2.53  2.53  2.53  2.53  464.00 
10/14/2024 2.85  2.85  2.85  2.85  1.00 
10/11/2024 2.85  2.85  2.85  2.85  1.00 
10/10/2024 2.78  2.78  2.78  2.78  241.00 
10/09/2024 2.78  2.78  2.78  2.78  1,069 
10/08/2024 2.98  2.98  2.98  2.98  4,910 
10/07/2024 3.26  3.26  3.26  3.26  1.00 
10/04/2024 3.24  3.24  3.24  3.24  339.00 
10/03/2024 3.10  3.10  3.10  3.10  260.00 
10/02/2024 3.19  3.19  3.19  3.19  794.00 
10/01/2024 2.83  2.83  2.83  2.83  4,300 
09/30/2024 2.84  2.84  2.84  2.84  6,402 
09/27/2024 2.42  2.42  2.42  2.42  1.00 
09/26/2024 2.42  2.42  2.42  2.42  1.00 
09/25/2024 2.37  2.37  2.37  2.37  80.00 
09/24/2024 2.40  2.40  2.40  2.40  242.00 
09/23/2024 2.27  2.27  2.27  2.27  6,570 
09/20/2024 2.34  2.34  2.34  2.34  2,530 
09/19/2024 2.33  2.33  2.33  2.33  3,060 
09/18/2024 2.14  2.14  2.14  2.14  1.00 
09/17/2024 2.14  2.14  2.14  2.14  1.00 
09/16/2024 2.23  2.23  2.23  2.23  14,489 
09/13/2024 2.20  2.20  2.20  2.20  320.00 
09/12/2024 2.16  2.16  2.16  2.16  1,279 
09/11/2024 2.17  2.17  2.17  2.17  727.00 
09/10/2024 2.16  2.16  2.16  2.16  187.00 
09/09/2024 2.16  2.16  2.16  2.16  17,253 
09/06/2024 2.12  2.12  2.12  2.12  157,607 
09/05/2024 2.12  2.12  2.12  2.12  338.00 

About Shandong Weigao Pink Sheet history

Shandong Weigao 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 Weigao Group 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 Weigao stock prices may prove useful in developing a viable investing in Shandong Weigao
Shandong Weigao Group Medical Polymer Company Limited engages in the research and development, production, and sale of single-use medical devices in the Peoples Republic of China. The company was incorporated in 2000 and is based in Weihai, the Peoples Republic of China. Shandong Weigao operates under Medical Instruments Supplies classification in the United States and is traded on OTC Exchange. It employs 11476 people.

Shandong Weigao Pink Sheet Technical Analysis

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

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

Additional Tools for Shandong Pink Sheet Analysis

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