Shandong Iron (China) Price History
| 600022 Stock | 1.67 0.05 2.91% |
Below is the normalized historical share price chart for Shandong Iron and extending back to June 29, 2004. 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 Iron stands at 1.67, as last reported on the 13th of December 2024, with the highest price reaching 1.73 and the lowest price hitting 1.66 during the day.
If you're considering investing in Shandong Stock, it is important to understand the factors that can impact its price. Shandong Iron appears to be very risky, given 3 months investment horizon. Shandong Iron owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. By inspecting Shandong Iron's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please review Shandong Iron's Coefficient Of Variation of 582.84, risk adjusted performance of 0.1322, and Semi Deviation of 2.45 to confirm if our risk estimates are consistent with your expectations.
At present, Shandong Iron's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 9.2 B, whereas Total Stockholder Equity is forecasted to decline to about 12.7 B. . Shandong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of June 2004 | 200 Day MA 1.3383 | 50 Day MA 1.5124 | Beta 0.381 |
Shandong |
Sharpe Ratio = 0.1956
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600022 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Shandong Iron is performing at about 15% 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 Iron by adding it to a well-diversified portfolio.
Price Book 0.912 | Enterprise Value Ebitda 10.4242 | Price Sales 0.2018 | Shares Float 4.6 B | Wall Street Target Price 3.3 |
Shandong Iron 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 Iron 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 Price | December 11, 2024 | 1.72 |
| Lowest Price | September 10, 2024 | 1.2 |
Shandong Iron December 13, 2024 Stock Price Synopsis
Various analyses of Shandong Iron'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 Iron 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 Iron Price Rate Of Daily Change | 0.97 | |
| Shandong Iron Price Daily Balance Of Power | (0.71) | |
| Shandong Iron Accumulation Distribution | 10,658,854 | |
| Shandong Iron Price Action Indicator | (0.05) |
Shandong Iron December 13, 2024 Stock Price Analysis
Shandong Stock Price History Data
The price series of Shandong Iron for the period between Sat, Sep 14, 2024 and Fri, Dec 13, 2024 has a statistical range of 0.52 with a coefficient of variation of 10.34. The prices are distributed with arithmetic mean of 1.44. The median price for the last 90 days is 1.47. The company had 13:10 stock split on 8th of June 2017. Shandong Iron issued dividends on 2023-06-14.| Open | High | Low | Close | Volume | ||
| 12/12/2024 | 1.72 | 1.73 | 1.66 | 1.67 | 263,425,967 | |
| 12/11/2024 | 1.64 | 1.73 | 1.63 | 1.72 | 338,814,482 | |
| 12/10/2024 | 1.69 | 1.71 | 1.65 | 1.65 | 298,968,216 | |
| 12/09/2024 | 1.70 | 1.77 | 1.63 | 1.64 | 355,971,723 | |
| 12/06/2024 | 1.61 | 1.69 | 1.61 | 1.67 | 313,914,138 | |
| 12/05/2024 | 1.55 | 1.64 | 1.52 | 1.64 | 314,852,015 | |
| 12/04/2024 | 1.52 | 1.61 | 1.50 | 1.57 | 236,487,296 | |
| 12/03/2024 | 1.53 | 1.55 | 1.50 | 1.52 | 116,771,844 | |
| 12/02/2024 | 1.48 | 1.56 | 1.47 | 1.54 | 184,814,542 | |
| 11/29/2024 | 1.48 | 1.50 | 1.45 | 1.48 | 97,621,240 | |
| 11/28/2024 | 1.47 | 1.50 | 1.46 | 1.48 | 85,395,946 | |
| 11/27/2024 | 1.45 | 1.47 | 1.42 | 1.47 | 88,496,447 | |
| 11/26/2024 | 1.47 | 1.48 | 1.45 | 1.46 | 58,998,057 | |
| 11/25/2024 | 1.47 | 1.49 | 1.45 | 1.47 | 101,821,868 | |
| 11/22/2024 | 1.52 | 1.53 | 1.47 | 1.48 | 104,396,418 | |
| 11/21/2024 | 1.53 | 1.55 | 1.51 | 1.52 | 78,282,120 | |
| 11/20/2024 | 1.51 | 1.55 | 1.50 | 1.54 | 116,029,733 | |
| 11/19/2024 | 1.53 | 1.54 | 1.49 | 1.52 | 152,114,139 | |
| 11/18/2024 | 1.51 | 1.59 | 1.50 | 1.55 | 227,558,022 | |
| 11/15/2024 | 1.51 | 1.53 | 1.48 | 1.49 | 138,269,934 | |
| 11/14/2024 | 1.56 | 1.57 | 1.51 | 1.52 | 123,434,171 | |
| 11/13/2024 | 1.58 | 1.61 | 1.54 | 1.57 | 152,817,544 | |
| 11/12/2024 | 1.64 | 1.66 | 1.58 | 1.60 | 189,960,282 | |
| 11/11/2024 | 1.66 | 1.73 | 1.63 | 1.66 | 219,544,451 | |
| 11/08/2024 | 1.71 | 1.74 | 1.66 | 1.67 | 283,561,984 | |
| 11/07/2024 | 1.60 | 1.74 | 1.59 | 1.70 | 359,851,406 | |
| 11/06/2024 | 1.60 | 1.67 | 1.56 | 1.63 | 293,165,494 | |
| 11/05/2024 | 1.51 | 1.61 | 1.50 | 1.61 | 242,569,584 | |
| 11/04/2024 | 1.55 | 1.55 | 1.48 | 1.52 | 142,620,527 | |
| 11/01/2024 | 1.54 | 1.60 | 1.52 | 1.56 | 244,101,835 | |
| 10/31/2024 | 1.47 | 1.56 | 1.46 | 1.54 | 232,780,883 | |
| 10/30/2024 | 1.43 | 1.50 | 1.42 | 1.48 | 154,780,310 | |
| 10/29/2024 | 1.53 | 1.54 | 1.43 | 1.44 | 191,137,437 | |
| 10/28/2024 | 1.42 | 1.54 | 1.42 | 1.53 | 259,148,241 | |
| 10/25/2024 | 1.37 | 1.42 | 1.37 | 1.41 | 95,267,822 | |
| 10/24/2024 | 1.37 | 1.38 | 1.36 | 1.38 | 52,444,042 | |
| 10/23/2024 | 1.36 | 1.39 | 1.36 | 1.38 | 71,370,751 | |
| 10/22/2024 | 1.36 | 1.38 | 1.35 | 1.37 | 49,760,208 | |
| 10/21/2024 | 1.38 | 1.39 | 1.36 | 1.36 | 67,142,677 | |
| 10/18/2024 | 1.37 | 1.41 | 1.34 | 1.38 | 96,765,763 | |
| 10/17/2024 | 1.39 | 1.41 | 1.36 | 1.37 | 65,004,250 | |
| 10/16/2024 | 1.35 | 1.41 | 1.34 | 1.39 | 82,303,900 | |
| 10/15/2024 | 1.40 | 1.40 | 1.35 | 1.36 | 67,029,974 | |
| 10/14/2024 | 1.39 | 1.41 | 1.37 | 1.40 | 66,977,593 | |
| 10/11/2024 | 1.41 | 1.43 | 1.36 | 1.37 | 75,099,030 | |
| 10/10/2024 | 1.40 | 1.44 | 1.37 | 1.42 | 103,279,631 | |
| 10/09/2024 | 1.50 | 1.50 | 1.40 | 1.40 | 141,735,739 | |
| 10/08/2024 | 1.64 | 1.65 | 1.47 | 1.52 | 261,978,467 | |
| 09/30/2024 | 1.44 | 1.51 | 1.42 | 1.50 | 173,287,766 | |
| 09/27/2024 | 1.39 | 1.41 | 1.36 | 1.38 | 72,018,582 | |
| 09/26/2024 | 1.32 | 1.38 | 1.31 | 1.38 | 103,240,491 | |
| 09/25/2024 | 1.30 | 1.36 | 1.30 | 1.32 | 92,475,203 | |
| 09/24/2024 | 1.24 | 1.30 | 1.24 | 1.30 | 81,569,449 | |
| 09/23/2024 | 1.23 | 1.24 | 1.22 | 1.24 | 19,278,484 | |
| 09/20/2024 | 1.23 | 1.24 | 1.22 | 1.23 | 13,320,885 | |
| 09/19/2024 | 1.22 | 1.24 | 1.21 | 1.23 | 31,830,751 | |
| 09/18/2024 | 1.22 | 1.22 | 1.20 | 1.21 | 14,164,740 | |
| 09/13/2024 | 1.22 | 1.23 | 1.21 | 1.22 | 12,907,236 | |
| 09/12/2024 | 1.19 | 1.22 | 1.19 | 1.21 | 18,163,234 | |
| 09/11/2024 | 1.20 | 1.21 | 1.18 | 1.20 | 17,643,403 | |
| 09/10/2024 | 1.21 | 1.22 | 1.18 | 1.20 | 28,377,081 |
About Shandong Iron Stock history
Shandong Iron 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 Iron 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 Iron stock prices may prove useful in developing a viable investing in Shandong Iron
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9.6 B | 8.7 B | |
| Net Income Applicable To Common Shares | 638.4 M | 706.9 M |
Shandong Iron Stock Technical Analysis
Shandong Iron 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.
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Shandong Iron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Shandong Iron'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.
| Risk Adjusted Performance | 0.1322 | |||
| Jensen Alpha | 0.5331 | |||
| Total Risk Alpha | 0.0829 | |||
| Sortino Ratio | 0.1384 | |||
| Treynor Ratio | (1.40) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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When running Shandong Iron's price analysis, check to measure Shandong Iron'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 Iron is operating at the current time. Most of Shandong Iron's value examination focuses on studying past and present price action to predict the probability of Shandong Iron'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 Iron's price. Additionally, you may evaluate how the addition of Shandong Iron to your portfolios can decrease your overall portfolio volatility.
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