Jiaozuo Wanfang (China) Price on June 14, 2024
| 000612 Stock | 6.79 0.18 2.72% |
Below is the normalized historical share price chart for Jiaozuo Wanfang Aluminum extending back to September 26, 1996. 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 Jiaozuo Wanfang stands at 6.79, as last reported on the 30th of November, with the highest price reaching 6.83 and the lowest price hitting 6.56 during the day.
If you're considering investing in Jiaozuo Stock, it is important to understand the factors that can impact its price. Jiaozuo Wanfang appears to be slightly risky, given 3 months investment horizon. Jiaozuo Wanfang Aluminum holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. By evaluating Jiaozuo Wanfang's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Jiaozuo Wanfang's Downside Deviation of 3.0, market risk adjusted performance of (0.56), and Risk Adjusted Performance of 0.103 to validate if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 6.1 B, whereas Liabilities And Stockholders Equity is forecasted to decline to about 4.7 B. . Jiaozuo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 9th of September 1996 | 200 Day MA 6.3447 | 50 Day MA 6.7918 | Beta 0.803 |
Jiaozuo |
Sharpe Ratio = 0.1418
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Estimated Market Risk
| 3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Jiaozuo Wanfang is performing at about 11% 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 Jiaozuo Wanfang by adding it to a well-diversified portfolio.
Price Book 1.3107 | Enterprise Value Ebitda 7.4228 | Price Sales 1.2823 | Shares Float 762.3 M | Dividend Share 0.14 |
Jiaozuo Wanfang Valuation on June 14, 2024
It is possible to determine the worth of Jiaozuo Wanfang on a given historical date. On June 14, 2024 Jiaozuo was worth 6.76 at the beginning of the trading date compared to the closed value of 6.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiaozuo Wanfang stock. Still, in general, we apply an absolute valuation method to find Jiaozuo Wanfang's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Jiaozuo Wanfang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiaozuo Wanfang's related companies.
| Open | High | Low | Close | Volume | |
| 7.07 | 7.07 | 6.75 | 6.82 | 31,719,653 | |
06/14/2024 | 6.76 | 6.85 | 6.71 | 6.75 | 24,865,720 |
| 6.61 | 6.84 | 6.56 | 6.58 | 32,289,611 |
| Backtest Jiaozuo Wanfang | | | Jiaozuo Wanfang History | | | Jiaozuo Wanfang Valuation | Previous | Next |
Jiaozuo Wanfang Trading Date Momentum on June 14, 2024
| On June 17 2024 Jiaozuo Wanfang Aluminum was traded for 6.58 at the closing time. The highest price during the trading period was 6.84 and the lowest recorded bid was listed for 6.56 . The volume for the day was 32.3 M. This history from June 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.52% . The trading delta at closing time to the current price is 2.96% . |
Jiaozuo Wanfang Aluminum Fundamentals Correlations and Trends
By evaluating Jiaozuo Wanfang's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Jiaozuo Wanfang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jiaozuo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jiaozuo Wanfang Stock history
Jiaozuo Wanfang 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 Jiaozuo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jiaozuo Wanfang Aluminum 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 Jiaozuo Wanfang stock prices may prove useful in developing a viable investing in Jiaozuo Wanfang
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 953.8 M | |
| Net Income Applicable To Common Shares | 456.1 M | 478.9 M |
Jiaozuo Wanfang Stock Technical Analysis
Jiaozuo Wanfang 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.
Price Boundaries
Jiaozuo Wanfang Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Jiaozuo Wanfang Aluminum cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Jiaozuo Wanfang November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Jiaozuo Wanfang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jiaozuo Wanfang shares will generate the highest return on investment. By undertsting and applying Jiaozuo Wanfang stock market strength indicators, traders can identify Jiaozuo Wanfang Aluminum entry and exit signals to maximize returns
Jiaozuo Wanfang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jiaozuo Wanfang's price direction in advance. Along with the technical and fundamental analysis of Jiaozuo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jiaozuo 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 | 0.103 | |||
| Jensen Alpha | 0.5159 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0982 | |||
| Treynor Ratio | (0.57) |
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Complementary Tools for Jiaozuo Stock analysis
When running Jiaozuo Wanfang's price analysis, check to measure Jiaozuo Wanfang'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 Jiaozuo Wanfang is operating at the current time. Most of Jiaozuo Wanfang's value examination focuses on studying past and present price action to predict the probability of Jiaozuo Wanfang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jiaozuo Wanfang's price. Additionally, you may evaluate how the addition of Jiaozuo Wanfang to your portfolios can decrease your overall portfolio volatility.
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