Jinhe Biotechnology (China) Price on November 29, 2024
| 002688 Stock | 4.65 0.05 1.06% |
Below is the normalized historical share price chart for Jinhe Biotechnology Co extending back to July 13, 2012. 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 Jinhe Biotechnology stands at 4.65, as last reported on the 11th of December 2024, with the highest price reaching 4.83 and the lowest price hitting 4.64 during the day.
If you're considering investing in Jinhe Stock, it is important to understand the factors that can impact its price. Jinhe Biotechnology appears to be slightly risky, given 3 months investment horizon. Jinhe Biotechnology holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. By evaluating Jinhe Biotechnology's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Jinhe Biotechnology's Downside Deviation of 2.05, market risk adjusted performance of (5.30), and Risk Adjusted Performance of 0.1243 to validate if our risk estimates are consistent with your expectations.
At present, Jinhe Biotechnology's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 942.4 M, whereas Total Stockholder Equity is forecasted to decline to about 1.3 B. . Jinhe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of July 2012 | 200 Day MA 3.9902 | 50 Day MA 4.3882 | Beta 0.405 |
Jinhe |
Sharpe Ratio = 0.2134
| Best Portfolio | Best Equity | |||
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| Average Returns | ||||
| Small Returns | 002688 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Jinhe Biotechnology 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 Jinhe Biotechnology by adding it to a well-diversified portfolio.
Price Book 1.601 | Enterprise Value Ebitda 46.1809 | Price Sales 1.6279 | Shares Float 467.1 M | Dividend Share 0.1 |
Jinhe Biotechnology Valuation on November 29, 2024
It is possible to determine the worth of Jinhe Biotechnology on a given historical date. On November 29, 2024 Jinhe was worth 4.57 at the beginning of the trading date compared to the closed value of 4.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jinhe Biotechnology stock. Still, in general, we apply an absolute valuation method to find Jinhe Biotechnology'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 Jinhe Biotechnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jinhe Biotechnology's related companies.
| Open | High | Low | Close | Volume | |
| 4.49 | 4.57 | 4.48 | 4.55 | 9,934,050 | |
11/29/2024 | 4.57 | 4.62 | 4.50 | 4.59 | 8,785,260 |
| 4.59 | 4.71 | 4.59 | 4.68 | 11,049,955 |
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Jinhe Biotechnology Trading Date Momentum on November 29, 2024
| On December 02 2024 Jinhe Biotechnology Co was traded for 4.68 at the closing time. The highest price during the trading period was 4.71 and the lowest recorded bid was listed for 4.59 . The volume for the day was 11 M. This history from December 2, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.96% . The trading delta at closing time to the current price is 2.40% . |
Jinhe Biotechnology Fundamentals Correlations and Trends
By evaluating Jinhe Biotechnology'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 Jinhe Biotechnology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jinhe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jinhe Biotechnology Stock history
Jinhe Biotechnology 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 Jinhe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jinhe Biotechnology 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 Jinhe Biotechnology stock prices may prove useful in developing a viable investing in Jinhe Biotechnology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 897.5 M | 767.2 M | |
| Net Income Applicable To Common Shares | 86.9 M | 112.1 M |
Jinhe Biotechnology Stock Technical Analysis
Jinhe Biotechnology 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
Jinhe Biotechnology Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Jinhe Biotechnology Co 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.
Jinhe Biotechnology December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Jinhe Biotechnology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jinhe Biotechnology shares will generate the highest return on investment. By undertsting and applying Jinhe Biotechnology stock market strength indicators, traders can identify Jinhe Biotechnology Co entry and exit signals to maximize returns
Jinhe Biotechnology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jinhe Biotechnology's price direction in advance. Along with the technical and fundamental analysis of Jinhe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jinhe 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 | 0.1243 | |||
| Jensen Alpha | 0.3605 | |||
| Total Risk Alpha | (0.0003) | |||
| Sortino Ratio | 0.1163 | |||
| Treynor Ratio | (5.31) |
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| Volume Indicators |
Complementary Tools for Jinhe Stock analysis
When running Jinhe Biotechnology's price analysis, check to measure Jinhe Biotechnology'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 Jinhe Biotechnology is operating at the current time. Most of Jinhe Biotechnology's value examination focuses on studying past and present price action to predict the probability of Jinhe Biotechnology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jinhe Biotechnology's price. Additionally, you may evaluate how the addition of Jinhe Biotechnology to your portfolios can decrease your overall portfolio volatility.
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