Jizhong Energy (China) Price on November 5, 2024
| 000937 Stock | 6.16 0.30 4.64% |
Below is the normalized historical share price chart for Jizhong Energy Resources extending back to September 13, 1999. 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 Jizhong Energy stands at 6.16, as last reported on the 23rd of November, with the highest price reaching 6.53 and the lowest price hitting 6.15 during the day.
If you're considering investing in Jizhong Stock, it is important to understand the factors that can impact its price. Jizhong Energy appears to be slightly risky, given 3 months investment horizon. Jizhong Energy Resources holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found thirty technical indicators for Jizhong Energy Resources, which you can use to evaluate the volatility of the firm. Please utilize Jizhong Energy's Risk Adjusted Performance of 0.0937, downside deviation of 2.32, and Market Risk Adjusted Performance of (0.38) to validate if our risk estimates are consistent with your expectations.
As of November 23, 2024, Total Stockholder Equity is expected to decline to about 13.2 B. In addition to that, Common Stock is expected to decline to about 2.1 B. Jizhong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of August 20142014 | 200 Day MA 6.8669 | 50 Day MA 6.0324 | Beta 0.218 |
Jizhong |
Sharpe Ratio = 0.1273
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 000937 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Jizhong Energy is performing at about 10% 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 Jizhong Energy by adding it to a well-diversified portfolio.
Price Book 1.0028 | Enterprise Value Ebitda 6.577 | Price Sales 1.1696 | Shares Float 973.7 M | Dividend Share 0.8 |
Jizhong Energy Valuation on November 5, 2024
It is possible to determine the worth of Jizhong Energy on a given historical date. On November 5, 2024 Jizhong was worth 5.97 at the beginning of the trading date compared to the closed value of 6.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jizhong Energy stock. Still, in general, we apply an absolute valuation method to find Jizhong Energy'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 Jizhong Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jizhong Energy's related companies.
| Open | High | Low | Close | Volume | |
| 5.91 | 5.97 | 5.85 | 5.97 | 19,585,421 | |
11/05/2024 | 5.97 | 6.07 | 5.94 | 6.07 | 30,049,190 |
| 6.09 | 6.10 | 6.02 | 6.07 | 26,223,571 |
| Backtest Jizhong Energy | | | Jizhong Energy History | | | Jizhong Energy Valuation | Previous | Next |
Jizhong Energy Trading Date Momentum on November 5, 2024
| On November 06 2024 Jizhong Energy Resources was traded for 6.07 at the closing time. The highest price during the trading period was 6.10 and the lowest recorded bid was listed for 6.02 . The volume for the day was 26.2 M. This history from November 6, 2024 did not cause price change. The trading delta at closing time to the current price is 1.48% . |
Jizhong Energy Resources Fundamentals Correlations and Trends
By evaluating Jizhong Energy'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 Jizhong Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jizhong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jizhong Energy Stock history
Jizhong Energy 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 Jizhong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jizhong Energy Resources 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 Jizhong Energy stock prices may prove useful in developing a viable investing in Jizhong Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.2 B | 2.8 B | |
| Net Income Applicable To Common Shares | 5.1 B | 5.4 B |
Jizhong Energy Stock Technical Analysis
Jizhong Energy 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
Jizhong Energy Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Jizhong Energy Resources 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.
Jizhong Energy November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Jizhong Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jizhong Energy shares will generate the highest return on investment. By undertsting and applying Jizhong Energy stock market strength indicators, traders can identify Jizhong Energy Resources entry and exit signals to maximize returns
Jizhong Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jizhong Energy's price direction in advance. Along with the technical and fundamental analysis of Jizhong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jizhong 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 | 0.0937 | |||
| Jensen Alpha | 0.3321 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0572 | |||
| Treynor Ratio | (0.39) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Jizhong Stock analysis
When running Jizhong Energy's price analysis, check to measure Jizhong Energy'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 Jizhong Energy is operating at the current time. Most of Jizhong Energy's value examination focuses on studying past and present price action to predict the probability of Jizhong Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jizhong Energy's price. Additionally, you may evaluate how the addition of Jizhong Energy to your portfolios can decrease your overall portfolio volatility.
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