SHANGHAI NEW (China) Today

605398
  

CNY 27.48  0.76  2.69%   

Market Performance
8 of 100
Odds Of Distress
Less than 25
SHANGHAI NEW is trading at 27.48 as of the 26th of November 2022, a -2.69 percent decrease since the beginning of the trading day. The stock's open price was 28.24. SHANGHAI NEW has about a 25 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for SHANGHAI NEW CENTURION are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2020 and ending today, the 26th of November 2022. Click here to learn more.
Shanghai New Centurion Network Information Technology Co., Ltd. provides information technology services in China. It offers third-party engineering, operation, and maintenance services sells original hardware, and software and service and develops software products. The company has 59.5 M outstanding shares. More on SHANGHAI NEW CENTURION
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SHANGHAI NEW Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. SHANGHAI NEW's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding SHANGHAI NEW or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
SHANGHAI NEW has very high historical volatility over the last 90 days
About 74.0% of the company shares are owned by insiders or employees
Thematic IdeaIT (view all)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of SHANGHAI NEW's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
SHANGHAI NEW CENTURION (605398) is traded on Shanghai Stock Exchange in China and employs 1,389 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 1.8 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate SHANGHAI NEW's market, we take the total number of its shares issued and multiply it by SHANGHAI NEW'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 these looking for more risk prefer small-cap and mid-cap equities. SHANGHAI NEW CENTURION operates under Technology sector and is part of Information Technology Services industry. The entity has 59.5 M outstanding shares. SHANGHAI NEW CENTURION has accumulated about 784.97 M in cash with 28.69 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.42.
Check SHANGHAI NEW Probability Of Bankruptcy
Ownership
SHANGHAI NEW CENTURION secures a total of fifty-nine million five hundred thousand outstanding shares. SHANGHAI NEW CENTURION owns majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company outstanding shares. 74.05 % of SHANGHAI NEW CENTURION outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how much assets the company retains, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

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SHANGHAI Stock Price Odds Analysis

What are SHANGHAI NEW's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of SHANGHAI NEW jumping above the current price in 90 days from now is about 12.26%. The SHANGHAI NEW CENTURION probability density function shows the probability of SHANGHAI NEW stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon SHANGHAI NEW has a beta of 0.024. This suggests as returns on the market go up, SHANGHAI NEW average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SHANGHAI NEW CENTURION will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1568, implying that it can generate a 0.16 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 27.48HorizonTargetOdds Above 27.48
87.66%90 days
 27.48 
12.26%
Based on a normal probability distribution, the odds of SHANGHAI NEW to move above the current price in 90 days from now is about 12.26 (This SHANGHAI NEW CENTURION probability density function shows the probability of SHANGHAI Stock to fall within a particular range of prices over 90 days) .

SHANGHAI NEW CENTURION Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. SHANGHAI NEW market risk premium is the additional return an investor will receive from holding SHANGHAI NEW long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SHANGHAI NEW. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although SHANGHAI NEW's alpha and beta are two of the key measurements used to evaluate SHANGHAI NEW's performance over the market, the standard measures of volatility play an important role as well.

SHANGHAI Stock Against Markets

Picking the right benchmark for SHANGHAI NEW stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in SHANGHAI NEW stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for SHANGHAI NEW is critical whether you are bullish or bearish towards SHANGHAI NEW CENTURION at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SHANGHAI NEW without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Invested in SHANGHAI NEW CENTURION?

The danger of trading SHANGHAI NEW CENTURION is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SHANGHAI NEW is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SHANGHAI NEW. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SHANGHAI NEW CENTURION is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the SHANGHAI NEW CENTURION information on this page should be used as a complementary analysis to other SHANGHAI NEW's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running SHANGHAI NEW CENTURION price analysis, check to measure SHANGHAI NEW'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 NEW is operating at the current time. Most of SHANGHAI NEW's value examination focuses on studying past and present price action to predict the probability of SHANGHAI NEW's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SHANGHAI NEW's price. Additionally, you may evaluate how the addition of SHANGHAI NEW to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between SHANGHAI NEW's value and its price as these two are different measures arrived at by different means. Investors typically determine SHANGHAI NEW value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SHANGHAI NEW's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.