Zoje Resources (China) Price on August 30, 2024
| 002021 Stock | 2.40 0.01 0.42% |
Below is the normalized historical share price chart for Zoje Resources Investment extending back to July 15, 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 Zoje Resources stands at 2.40, as last reported on the 27th of November, with the highest price reaching 2.46 and the lowest price hitting 2.37 during the day.
If you're considering investing in Zoje Stock, it is important to understand the factors that can impact its price. Zoje Resources appears to be very risky, given 3 months investment horizon. Zoje Resources Investment shows Sharpe Ratio of 0.19, which attests that the company had a 0.19% return per unit of risk over the last 3 months. By examining Zoje Resources' technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please utilize Zoje Resources' Mean Deviation of 3.03, downside deviation of 3.44, and Market Risk Adjusted Performance of (0.67) to validate if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 717.7 M, whereas Common Stock is forecasted to decline to about 472.6 M. . Zoje Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of June 2004 | 200 Day MA 1.9029 | 50 Day MA 2.1178 | Beta 0.931 |
Zoje |
Sharpe Ratio = 0.1939
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002021 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.16 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Zoje Resources 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 Zoje Resources by adding it to a well-diversified portfolio.
Price Book 4.5775 | Enterprise Value Ebitda 4.3667 | Price Sales 3.4123 | Shares Float 1.1 B | Wall Street Target Price 8.8 |
Zoje Resources Valuation on August 30, 2024
It is possible to determine the worth of Zoje Resources on a given historical date. On August 30, 2024 Zoje was worth 1.57 at the beginning of the trading date compared to the closed value of 1.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zoje Resources stock. Still, in general, we apply an absolute valuation method to find Zoje Resources' 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 Zoje Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zoje Resources' related companies.
| Open | High | Low | Close | Volume | |
| 1.55 | 1.59 | 1.54 | 1.58 | 22,200,421 | |
08/30/2024 | 1.57 | 1.63 | 1.56 | 1.61 | 34,776,073 |
| 1.61 | 1.69 | 1.60 | 1.61 | 41,479,633 |
| Backtest Zoje Resources | | | Zoje Resources History | | | Zoje Resources Valuation | Previous | Next |
Zoje Resources Trading Date Momentum on August 30, 2024
| On September 02 2024 Zoje Resources Investment was traded for 1.61 at the closing time. The highest price during the trading period was 1.69 and the lowest recorded bid was listed for 1.60 . The volume for the day was 41.5 M. This history from September 2, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 4.97% . |
Zoje Resources Investment Fundamentals Correlations and Trends
By evaluating Zoje Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Zoje Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zoje financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zoje Resources Stock history
Zoje Resources 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 Zoje is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zoje Resources Investment 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 Zoje Resources stock prices may prove useful in developing a viable investing in Zoje Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.2 B | 919.3 M | |
| Net Loss | -465.6 M | -442.3 M |
Zoje Resources Stock Technical Analysis
Zoje Resources 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
Zoje Resources Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Zoje Resources Investment 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.
Zoje Resources November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Zoje Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zoje Resources shares will generate the highest return on investment. By undertsting and applying Zoje Resources stock market strength indicators, traders can identify Zoje Resources Investment entry and exit signals to maximize returns
Zoje Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zoje Resources' price direction in advance. Along with the technical and fundamental analysis of Zoje Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zoje 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 | 0.1422 | |||
| Jensen Alpha | 0.8451 | |||
| Total Risk Alpha | 0.0642 | |||
| Sortino Ratio | 0.1738 | |||
| Treynor Ratio | (0.68) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zoje Stock analysis
When running Zoje Resources' price analysis, check to measure Zoje Resources' 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 Zoje Resources is operating at the current time. Most of Zoje Resources' value examination focuses on studying past and present price action to predict the probability of Zoje Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zoje Resources' price. Additionally, you may evaluate how the addition of Zoje Resources to your portfolios can decrease your overall portfolio volatility.
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |