Jiangxi Hengda (China) Price on September 27, 2023
| 002591 Stock | 5.79 0.05 0.87% |
Below is the normalized historical share price chart for Jiangxi Hengda Hi Tech extending back to June 21, 2011. 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 Jiangxi Hengda stands at 5.79, as last reported on the 2nd of December, with the highest price reaching 5.81 and the lowest price hitting 5.66 during the day.
If you're considering investing in Jiangxi Stock, it is important to understand the factors that can impact its price. Jiangxi Hengda appears to be slightly risky, given 3 months investment horizon. Jiangxi Hengda Hi holds Efficiency (Sharpe) Ratio of 0.22, which attests that the entity had a 0.22% return per unit of risk over the last 3 months. By evaluating Jiangxi Hengda's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please utilize Jiangxi Hengda's Risk Adjusted Performance of 0.1733, downside deviation of 3.58, and Market Risk Adjusted Performance of (2.03) to validate if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 720.8 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 298.8 M. . Jiangxi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 21st of June 2011 | 200 Day MA 4.4582 | 50 Day MA 5.0446 | Beta 0.664 |
Jiangxi |
Sharpe Ratio = 0.2155
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002591 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.02 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.65 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average Jiangxi Hengda is performing at about 16% 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 Jiangxi Hengda by adding it to a well-diversified portfolio.
Price Book 2.5351 | Book Value 2.284 | Enterprise Value 1.7 B | Enterprise Value Ebitda (26.16) | Price Sales 4.1648 |
Jiangxi Hengda Valuation on September 27, 2023
It is possible to determine the worth of Jiangxi Hengda on a given historical date. On September 27, 2023 Jiangxi was worth 6.5 at the beginning of the trading date compared to the closed value of 6.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiangxi Hengda stock. Still, in general, we apply an absolute valuation method to find Jiangxi Hengda'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 Jiangxi Hengda where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiangxi Hengda's related companies.
| Open | High | Low | Close | Volume | |
| 6.35 | 6.84 | 6.25 | 6.61 | 15,848,600 | |
09/27/2023 | 6.50 | 6.50 | 6.20 | 6.28 | 30,848,090 |
| 6.24 | 6.40 | 6.23 | 6.33 | 16,901,811 |
| Backtest Jiangxi Hengda | | | Jiangxi Hengda History | | | Jiangxi Hengda Valuation | Previous | Next |
Jiangxi Hengda Trading Date Momentum on September 27, 2023
| On September 28 2023 Jiangxi Hengda Hi Tech was traded for 6.33 at the closing time. The highest price during the trading period was 6.40 and the lowest recorded bid was listed for 6.23 . The volume for the day was 16.9 M. This history from September 28, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.80% . The trading delta at closing time to the current price is 1.59% . |
Jiangxi Hengda Hi Fundamentals Correlations and Trends
By evaluating Jiangxi Hengda'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 Jiangxi Hengda's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jiangxi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jiangxi Hengda Stock history
Jiangxi Hengda 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 Jiangxi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jiangxi Hengda 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 Jiangxi Hengda stock prices may prove useful in developing a viable investing in Jiangxi Hengda
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 300.1 M | 298.8 M | |
| Net Income Applicable To Common Shares | 16.5 M | 17.4 M |
Jiangxi Hengda Quarterly Net Working Capital |
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Jiangxi Hengda Stock Technical Analysis
Jiangxi Hengda 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
Jiangxi Hengda Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Jiangxi Hengda 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.
Jiangxi Hengda December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Jiangxi Hengda stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jiangxi Hengda shares will generate the highest return on investment. By undertsting and applying Jiangxi Hengda stock market strength indicators, traders can identify Jiangxi Hengda Hi Tech entry and exit signals to maximize returns
Jiangxi Hengda Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jiangxi Hengda's price direction in advance. Along with the technical and fundamental analysis of Jiangxi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jiangxi 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 | 0.1733 | |||
| Jensen Alpha | 0.6599 | |||
| Total Risk Alpha | 0.1357 | |||
| Sortino Ratio | 0.1379 | |||
| Treynor Ratio | (2.04) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Jiangxi Stock analysis
When running Jiangxi Hengda's price analysis, check to measure Jiangxi Hengda'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 Jiangxi Hengda is operating at the current time. Most of Jiangxi Hengda's value examination focuses on studying past and present price action to predict the probability of Jiangxi Hengda's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jiangxi Hengda's price. Additionally, you may evaluate how the addition of Jiangxi Hengda to your portfolios can decrease your overall portfolio volatility.
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