Guangdong Jingyi (China) Price on August 23, 2024
| 002295 Stock | 7.36 0.05 0.68% |
Below is the normalized historical share price chart for Guangdong Jingyi Metal extending back to September 29, 2009. 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 Guangdong Jingyi stands at 7.36, as last reported on the 30th of November, with the highest price reaching 7.42 and the lowest price hitting 7.20 during the day.
If you're considering investing in Guangdong Stock, it is important to understand the factors that can impact its price. Guangdong Jingyi appears to be slightly risky, given 3 months investment horizon. Guangdong Jingyi Metal holds Efficiency (Sharpe) Ratio of 0.24, which attests that the entity had a 0.24% return per unit of standard deviation over the last 3 months. By evaluating Guangdong Jingyi's technical indicators, you can evaluate if the expected return of 0.69% is justified by implied risk. Please utilize Guangdong Jingyi's market risk adjusted performance of (0.83), and Risk Adjusted Performance of 0.1905 to validate if our risk estimates are consistent with your expectations.
As of November 30, 2024, Total Stockholder Equity is expected to decline to about 1.1 B. In addition to that, Common Stock is expected to decline to about 237.8 M. Guangdong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of September 2009 | 200 Day MA 5.8684 | 50 Day MA 5.9576 | Beta 0.654 |
Guangdong |
Sharpe Ratio = 0.2433
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| Small Returns | 002295 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.84 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.69 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Guangdong Jingyi is performing at about 19% 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 Guangdong Jingyi by adding it to a well-diversified portfolio.
Price Book 1.3659 | Enterprise Value Ebitda 62.046 | Price Sales 0.5619 | Shares Float 170.9 M | Dividend Share 0.05 |
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Guangdong Jingyi Valuation on August 23, 2024
It is possible to determine the worth of Guangdong Jingyi on a given historical date. On August 23, 2024 Guangdong was worth 4.76 at the beginning of the trading date compared to the closed value of 4.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guangdong Jingyi stock. Still, in general, we apply an absolute valuation method to find Guangdong Jingyi'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 Guangdong Jingyi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guangdong Jingyi's related companies.
| Open | High | Low | Close | Volume | |
| 4.85 | 4.92 | 4.78 | 4.79 | 2,588,100 | |
08/23/2024 | 4.76 | 4.80 | 4.64 | 4.71 | 3,461,500 |
| 4.69 | 4.93 | 4.69 | 4.87 | 3,466,900 |
| Backtest Guangdong Jingyi | | | Guangdong Jingyi History | | | Guangdong Jingyi Valuation | Previous | Next |
Guangdong Jingyi Trading Date Momentum on August 23, 2024
| On August 26 2024 Guangdong Jingyi Metal was traded for 4.87 at the closing time. The highest price during the trading period was 4.93 and the lowest recorded bid was listed for 4.69 . The volume for the day was 3.5 M. This history from August 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.40% . The overall trading delta to the current price is 7.64% . |
Guangdong Jingyi Metal Fundamentals Correlations and Trends
By evaluating Guangdong Jingyi'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 Guangdong Jingyi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guangdong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guangdong Jingyi Stock history
Guangdong Jingyi 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 Guangdong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guangdong Jingyi Metal 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 Guangdong Jingyi stock prices may prove useful in developing a viable investing in Guangdong Jingyi
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 225.6 M | 200.6 M | |
| Net Income Applicable To Common Shares | 33.3 M | 40.7 M |
Guangdong Jingyi Quarterly Net Working Capital |
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Guangdong Jingyi Stock Technical Analysis
Guangdong Jingyi 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
Guangdong Jingyi Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Guangdong Jingyi Metal 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.
Guangdong Jingyi November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Guangdong Jingyi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guangdong Jingyi shares will generate the highest return on investment. By undertsting and applying Guangdong Jingyi stock market strength indicators, traders can identify Guangdong Jingyi Metal entry and exit signals to maximize returns
Guangdong Jingyi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guangdong Jingyi's price direction in advance. Along with the technical and fundamental analysis of Guangdong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guangdong 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 | 0.1905 | |||
| Jensen Alpha | 0.7474 | |||
| Total Risk Alpha | 0.19 | |||
| Sortino Ratio | 0.201 | |||
| Treynor Ratio | (0.84) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Guangdong Stock analysis
When running Guangdong Jingyi's price analysis, check to measure Guangdong Jingyi'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 Guangdong Jingyi is operating at the current time. Most of Guangdong Jingyi's value examination focuses on studying past and present price action to predict the probability of Guangdong Jingyi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guangdong Jingyi's price. Additionally, you may evaluate how the addition of Guangdong Jingyi to your portfolios can decrease your overall portfolio volatility.
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