Shandong Weigao Group Stock Analysis
| SHWGY Stock | USD 2.27 0.04 1.79% |
Shandong Weigao Group is overvalued with Real Value of 2.06 and Hype Value of 2.27. The main objective of Shandong Weigao pink sheet analysis is to determine its intrinsic value, which is an estimate of what Shandong Weigao Group is worth, separate from its market price. There are two main types of Shandong Weigao's stock analysis: fundamental analysis and technical analysis.
The Shandong Weigao pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
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Shandong Pink Sheet Analysis Notes
The book value of the company was at this time reported as 18.04. The company last dividend was issued on the 3rd of October 2022. 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.The quote for Shandong Weigao Group is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Shandong Weigao Group contact Rinan Cong at 86 63 1562 1999 or learn more at https://www.weigaogroup.com.Shandong Weigao Group Investment Alerts
| Shandong Weigao had very high historical volatility over the last 90 days |
Shandong Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.69 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Shandong Weigao's market, we take the total number of its shares issued and multiply it by Shandong Weigao's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Shandong Profitablity
The company has Profit Margin (PM) of 0.18 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.22 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.22.Technical Drivers
As of the 1st of December, Shandong Weigao has the Risk Adjusted Performance of 0.0442, coefficient of variation of 2142.4, and Semi Deviation of 4.51. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shandong Weigao Group, as well as the relationship between them.Shandong Weigao Group Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Shandong Weigao middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Shandong Weigao Group. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Shandong Weigao Outstanding Bonds
Shandong Weigao issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Shandong Weigao Group uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Shandong bonds can be classified according to their maturity, which is the date when Shandong Weigao Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Shandong Weigao Predictive Daily Indicators
Shandong Weigao intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Shandong Weigao pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 2.27 | |||
| Day Typical Price | 2.27 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | 0.04 | |||
| Relative Strength Index | 48.24 |
Shandong Weigao Forecast Models
Shandong Weigao's time-series forecasting models are one of many Shandong Weigao's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Shandong Weigao's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Shandong Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Shandong Weigao prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Shandong shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Shandong Weigao. By using and applying Shandong Pink Sheet analysis, traders can create a robust methodology for identifying Shandong entry and exit points for their positions.
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.
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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.