Jiangsu Changfa (China) Price on November 11, 2024
| 002413 Stock | 4.91 0.11 2.29% |
Below is the normalized historical share price chart for Jiangsu Changfa Refrigeration extending back to May 28, 2010. 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 Jiangsu Changfa stands at 4.91, as last reported on the 4th of December, with the highest price reaching 4.94 and the lowest price hitting 4.78 during the day.
If you're considering investing in Jiangsu Stock, it is important to understand the factors that can impact its price. Jiangsu Changfa appears to be relatively risky, given 3 months investment horizon. Jiangsu Changfa Refr holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. By evaluating Jiangsu Changfa's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize Jiangsu Changfa's Risk Adjusted Performance of 0.1396, downside deviation of 3.5, and Market Risk Adjusted Performance of (2.18) to validate if our risk estimates are consistent with your expectations.
At present, Jiangsu Changfa's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 1.4 B, whereas Total Stockholder Equity is forecasted to decline to about 2.6 B. . Jiangsu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 4.1028 | 50 Day MA 4.5266 | Beta 0.347 |
Jiangsu |
Sharpe Ratio = 0.1767
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002413 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.59 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Jiangsu Changfa is performing at about 13% 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 Jiangsu Changfa by adding it to a well-diversified portfolio.
Price Book 1.7589 | Enterprise Value Ebitda (6.52) | Price Sales 5.3425 | Shares Float 1.2 B | Wall Street Target Price 6.46 |
Jiangsu Changfa Valuation on November 11, 2024
It is possible to determine the worth of Jiangsu Changfa on a given historical date. On November 11, 2024 Jiangsu was worth 5.41 at the beginning of the trading date compared to the closed value of 5.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiangsu Changfa stock. Still, in general, we apply an absolute valuation method to find Jiangsu Changfa'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 Jiangsu Changfa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiangsu Changfa's related companies.
| Open | High | Low | Close | Volume | |
| 5.09 | 5.39 | 5.08 | 5.34 | 116,586,817 | |
11/11/2024 | 5.41 | 5.46 | 5.23 | 5.36 | 92,101,565 |
| 5.36 | 5.37 | 5.11 | 5.17 | 70,150,312 |
| Backtest Jiangsu Changfa | | | Jiangsu Changfa History | | | Jiangsu Changfa Valuation | Previous | Next |
Jiangsu Changfa Trading Date Momentum on November 11, 2024
| On November 12 2024 Jiangsu Changfa Refrigeration was traded for 5.17 at the closing time. The highest price during the trading period was 5.37 and the lowest recorded bid was listed for 5.11 . The volume for the day was 70.2 M. This history from November 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.54% . The trading delta at closing time to the current price is 10.26% . |
Jiangsu Changfa Refr Fundamentals Correlations and Trends
By evaluating Jiangsu Changfa'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 Jiangsu Changfa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jiangsu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jiangsu Changfa Stock history
Jiangsu Changfa 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 Jiangsu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jiangsu Changfa Refr 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 Jiangsu Changfa stock prices may prove useful in developing a viable investing in Jiangsu Changfa
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 1.3 B | |
| Net Loss | -841.6 M | -799.6 M |
Jiangsu Changfa Quarterly Net Working Capital |
|
Jiangsu Changfa Stock Technical Analysis
Jiangsu Changfa 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
Jiangsu Changfa Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Jiangsu Changfa Refrigeration 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.
Jiangsu Changfa December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Jiangsu Changfa stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jiangsu Changfa shares will generate the highest return on investment. By undertsting and applying Jiangsu Changfa stock market strength indicators, traders can identify Jiangsu Changfa Refrigeration entry and exit signals to maximize returns
Jiangsu Changfa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jiangsu Changfa's price direction in advance. Along with the technical and fundamental analysis of Jiangsu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jiangsu 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 | 0.1396 | |||
| Jensen Alpha | 0.6058 | |||
| Total Risk Alpha | 0.1174 | |||
| Sortino Ratio | 0.1358 | |||
| Treynor Ratio | (2.19) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Jiangsu Stock analysis
When running Jiangsu Changfa's price analysis, check to measure Jiangsu Changfa'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 Jiangsu Changfa is operating at the current time. Most of Jiangsu Changfa's value examination focuses on studying past and present price action to predict the probability of Jiangsu Changfa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jiangsu Changfa's price. Additionally, you may evaluate how the addition of Jiangsu Changfa to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| 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 | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |