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Live Chart Being Loaded With Signals

Stats
Current Price	CNY10.91
Today's Volume	6.96M
Average Volume	6.68M
Market Cap	5.77B
EPS	CNY0.490
P/E	22.27
ATR14	CNY0.0130 (0.12%)

Volume Correlation

Long: -0.94 (very strong negative)

Short: -0.52 (weak negative)

Signal:(41.272) Neutral

Sinomach Precision Correlation

10 Most Positive Correlations

10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Sinomach Precision Correlation - Currency/Commodity

0.61
( weak )

0.65
( moderate )

0.00
( neutral )

-0.57
( weak negative )

-0.22
( neutral )

0.12
( neutral )

Sinomach Precision Financials

Annual 2021
Revenue: CNY3.33B
Gross Profit: CNY696.82M (20.94%)
EPS: CNY0.240

Q3 2022
Revenue: CNY741.31M
Gross Profit: CNY209.60M (28.27%)
EPS: CNY0.118

Q2 2022
Revenue: CNY1.03B
Gross Profit: CNY246.53M (24.05%)
EPS: CNY0.160

Q1 2022
Revenue: CNY955.50M
Gross Profit: CNY197.17M (20.64%)
EPS: CNY0.101

Sinomach Precision

Sinomach Precision Industry Co., Ltd. engages in the research, development, manufactures, and sale of bearings and bearing units in China. The company offers bearing field and super hard material products. It also provides consolidated abrasives and coated abrasives. In addition, the company provides trade services. It serves aerospace, automotive and rail transportation, energy and environmental protection, machine tools, petrochemicals, electronics, metallurgy, construction, and other industries. The company was formerly known as Luoyang Bearing Science & Technology Co.,Ltd and changed its name to Sinomach Precision Industry Co., Ltd. in December 2020. Sinomach Precision Industry Co., Ltd. was founded in 2001 and is based in Zhengzhou, China.