Zhejiang JIULI (China) Price on December 15, 2024
002318 Stock | 23.89 0.03 0.13% |
Below is the normalized historical share price chart for Zhejiang JIULI Hi tech extending back to December 11, 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 Zhejiang JIULI stands at 23.89, as last reported on the 15th of December 2024, with the highest price reaching 24.44 and the lowest price hitting 23.40 during the day.
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. Zhejiang JIULI appears to be very steady, given 3 months investment horizon. Zhejiang JIULI Hi shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zhejiang JIULI Hi, which you can use to evaluate the volatility of the company. Please utilize Zhejiang JIULI's Downside Deviation of 2.09, market risk adjusted performance of 0.7297, and Mean Deviation of 1.93 to validate if our risk estimates are consistent with your expectations.
At present, Zhejiang JIULI'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 13.6 B, whereas Other Stockholder Equity is projected to grow to (297.6 M). . Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of December 2009 | 200 Day MA 22.4719 | 50 Day MA 23.1362 | Beta 0.571 |
Zhejiang |
Sharpe Ratio = 0.1593
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Zhejiang JIULI is performing at about 12% 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 JIULI by adding it to a well-diversified portfolio.
Price Book 3.0788 | Enterprise Value Ebitda 12.0177 | Price Sales 2.4425 | Shares Float 517.2 M | Dividend Share 0.48 |
Zhejiang JIULI Valuation on December 15, 2024
It is possible to determine the worth of Zhejiang JIULI on a given historical date. On December 15, 2024 Zhejiang was worth 23.92 at the beginning of the trading date compared to the closed value of 23.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang JIULI stock. Still, in general, we apply an absolute valuation method to find Zhejiang JIULI'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 JIULI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang JIULI's related companies.
Open | High | Low | Close | Volume | |
23.92 | 24.44 | 23.40 | 23.89 | 27,076,484 | |
12/15/2024 | 23.92 | 24.44 | 23.40 | 23.89 | 0.00 |
Backtest Zhejiang JIULI | | | Zhejiang JIULI History | | | Zhejiang JIULI Valuation | Previous |
Zhejiang JIULI Trading Date Momentum on December 15, 2024
On December 15 2024 Zhejiang JIULI Hi tech was traded for 23.89 at the closing time. The highest price during the trading period was 24.44 and the lowest recorded bid was listed for 23.40 . There was no trading activity during the period 0.0. Lack of trading volume on December 15, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 0.13% . |
Zhejiang JIULI Hi Fundamentals Correlations and Trends
By evaluating Zhejiang JIULI'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 JIULI'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 JIULI Stock history
Zhejiang JIULI 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 JIULI Hi 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 JIULI stock prices may prove useful in developing a viable investing in Zhejiang JIULI
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 1.1 B | 1 B | |
Net Income Applicable To Common Shares | 1.5 B | 1.6 B |
Zhejiang JIULI Quarterly Net Working Capital |
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Zhejiang JIULI Stock Technical Analysis
Zhejiang JIULI 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 JIULI Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Zhejiang JIULI Hi tech 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 JIULI December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang JIULI 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 JIULI shares will generate the highest return on investment. By undertsting and applying Zhejiang JIULI stock market strength indicators, traders can identify Zhejiang JIULI Hi tech entry and exit signals to maximize returns
Zhejiang JIULI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang JIULI'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 | 0.1116 | |||
Jensen Alpha | 0.3035 | |||
Total Risk Alpha | 0.0393 | |||
Sortino Ratio | 0.1229 | |||
Treynor Ratio | 0.7197 |
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Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang JIULI's price analysis, check to measure Zhejiang JIULI'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 JIULI is operating at the current time. Most of Zhejiang JIULI's value examination focuses on studying past and present price action to predict the probability of Zhejiang JIULI'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 JIULI's price. Additionally, you may evaluate how the addition of Zhejiang JIULI to your portfolios can decrease your overall portfolio volatility.
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