Zhejiang Yinlun (China) Price on November 15, 2024
| 002126 Stock | 17.86 0.10 0.56% |
Below is the normalized historical share price chart for Zhejiang Yinlun Machinery extending back to April 18, 2007. 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 Zhejiang Yinlun stands at 17.86, as last reported on the 13th of December 2024, with the highest price reaching 18.03 and the lowest price hitting 17.63 during the day.
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. At this point, Zhejiang Yinlun is not too volatile. Zhejiang Yinlun Machinery shows Sharpe Ratio of 0.0608, which attests that the company had a 0.0608% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zhejiang Yinlun Machinery, which you can use to evaluate the volatility of the company. Please check out Zhejiang Yinlun's Market Risk Adjusted Performance of 1.99, mean deviation of 1.78, and Downside Deviation of 2.2 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
At present, Zhejiang Yinlun's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 17 B, whereas Other Stockholder Equity is forecasted to decline to about 681.3 M. . Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of April 2007 | 200 Day MA 17.6358 | 50 Day MA 18.7322 | Beta 0.842 |
Zhejiang |
Sharpe Ratio = 0.0608
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Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Zhejiang Yinlun is performing at about 4% 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 Zhejiang Yinlun by adding it to a well-diversified portfolio.
Price Book 2.4199 | Enterprise Value Ebitda 14.6121 | Price Sales 1.1912 | Shares Float 638.5 M | Dividend Share 0.1 |
Zhejiang Yinlun Valuation on November 15, 2024
It is possible to determine the worth of Zhejiang Yinlun on a given historical date. On November 15, 2024 Zhejiang was worth 18.78 at the beginning of the trading date compared to the closed value of 18.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Yinlun stock. Still, in general, we apply an absolute valuation method to find Zhejiang Yinlun'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 Zhejiang Yinlun where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Yinlun's related companies.
| Open | High | Low | Close | Volume | |
| 19.40 | 19.40 | 18.82 | 18.85 | 12,201,684 | |
11/15/2024 | 18.78 | 18.98 | 18.43 | 18.45 | 9,933,254 |
| 18.45 | 18.63 | 18.04 | 18.14 | 9,148,162 |
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Zhejiang Yinlun Trading Date Momentum on November 15, 2024
| On November 18 2024 Zhejiang Yinlun Machinery was traded for 18.14 at the closing time. The highest price during the trading period was 18.63 and the lowest recorded bid was listed for 18.04 . The volume for the day was 9.1 M. This history from November 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.68% . The trading date delta to the current price is 0.11% . |
Zhejiang Yinlun Machinery Fundamentals Correlations and Trends
By evaluating Zhejiang Yinlun'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 Zhejiang Yinlun's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhejiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhejiang Yinlun Stock history
Zhejiang Yinlun 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 Zhejiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhejiang Yinlun Machinery 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 Zhejiang Yinlun stock prices may prove useful in developing a viable investing in Zhejiang Yinlun
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 804.2 M | 637.1 M | |
| Net Income Applicable To Common Shares | 253.4 M | 167.6 M |
Zhejiang Yinlun Quarterly Net Working Capital |
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Zhejiang Yinlun Stock Technical Analysis
Zhejiang Yinlun 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
Zhejiang Yinlun Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Zhejiang Yinlun Machinery 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.
Zhejiang Yinlun December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Yinlun stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhejiang Yinlun shares will generate the highest return on investment. By undertsting and applying Zhejiang Yinlun stock market strength indicators, traders can identify Zhejiang Yinlun Machinery entry and exit signals to maximize returns
Zhejiang Yinlun Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Yinlun's price direction in advance. Along with the technical and fundamental analysis of Zhejiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhejiang 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 | 0.063 | |||
| Jensen Alpha | 0.1679 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0342 | |||
| Treynor Ratio | 1.98 |
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| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Yinlun's price analysis, check to measure Zhejiang Yinlun'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 Zhejiang Yinlun is operating at the current time. Most of Zhejiang Yinlun's value examination focuses on studying past and present price action to predict the probability of Zhejiang Yinlun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Yinlun's price. Additionally, you may evaluate how the addition of Zhejiang Yinlun to your portfolios can decrease your overall portfolio volatility.
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