Xiamen Jihong (China) Price on September 3, 2024
| 002803 Stock | 14.81 0.62 4.02% |
Below is the normalized historical share price chart for Xiamen Jihong Package extending back to July 12, 2016. 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 Xiamen Jihong stands at 14.81, as last reported on the 27th of November, with the highest price reaching 15.75 and the lowest price hitting 14.79 during the day.
If you're considering investing in Xiamen Stock, it is important to understand the factors that can impact its price. Xiamen Jihong appears to be somewhat reliable, given 3 months investment horizon. Xiamen Jihong Package shows Sharpe Ratio of 0.21, which attests that the company had a 0.21% return per unit of risk over the last 3 months. By examining Xiamen Jihong's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please utilize Xiamen Jihong's Mean Deviation of 2.55, downside deviation of 2.82, and Market Risk Adjusted Performance of (2.98) to validate if our risk estimates are consistent with your expectations.
At present, Xiamen Jihong's Total Stockholder 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 467.9 M, whereas Other Stockholder Equity is projected to grow to (14.8 M). . Xiamen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 13.1738 | 50 Day MA 12.735 | Beta 1.184 |
Xiamen |
Sharpe Ratio = 0.2149
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| Small Returns | 002803 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.6 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.77 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Xiamen Jihong 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 Xiamen Jihong by adding it to a well-diversified portfolio.
Price Book 2.6607 | Enterprise Value Ebitda 26.7764 | Price Sales 1.0392 | Shares Float 208.3 M | Dividend Share 0.36 |
Xiamen Jihong Valuation on September 3, 2024
It is possible to determine the worth of Xiamen Jihong on a given historical date. On September 3, 2024 Xiamen was worth 10.07 at the beginning of the trading date compared to the closed value of 10.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xiamen Jihong stock. Still, in general, we apply an absolute valuation method to find Xiamen Jihong'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 Xiamen Jihong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xiamen Jihong's related companies.
| Open | High | Low | Close | Volume | |
| 10.24 | 10.28 | 9.94 | 9.96 | 3,270,200 | |
09/03/2024 | 10.07 | 10.44 | 10.04 | 10.18 | 5,068,281 |
| 10.07 | 10.16 | 10.01 | 10.02 | 2,928,280 |
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Xiamen Jihong Trading Date Momentum on September 3, 2024
| On September 04 2024 Xiamen Jihong Package was traded for 10.02 at the closing time. The highest price during the trading period was 10.16 and the lowest recorded bid was listed for 10.01 . The volume for the day was 2.9 M. This history from September 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.57% . The trading price change to the current price is 2.85% . |
Xiamen Jihong Package Fundamentals Correlations and Trends
By evaluating Xiamen Jihong'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 Xiamen Jihong's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xiamen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xiamen Jihong Stock history
Xiamen Jihong 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 Xiamen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xiamen Jihong Package 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 Xiamen Jihong stock prices may prove useful in developing a viable investing in Xiamen Jihong
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 385 M | 405.1 M | |
| Net Income Applicable To Common Shares | 261.4 M | 233.5 M |
Xiamen Jihong Quarterly Net Working Capital |
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Xiamen Jihong Stock Technical Analysis
Xiamen Jihong 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
Xiamen Jihong Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Xiamen Jihong Package 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.
Xiamen Jihong November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Xiamen Jihong stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xiamen Jihong shares will generate the highest return on investment. By undertsting and applying Xiamen Jihong stock market strength indicators, traders can identify Xiamen Jihong Package entry and exit signals to maximize returns
Xiamen Jihong Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xiamen Jihong's price direction in advance. Along with the technical and fundamental analysis of Xiamen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xiamen 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 | 0.1491 | |||
| Jensen Alpha | 0.646 | |||
| Total Risk Alpha | 0.0913 | |||
| Sortino Ratio | 0.1783 | |||
| Treynor Ratio | (2.99) |
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| Volume Indicators |
Complementary Tools for Xiamen Stock analysis
When running Xiamen Jihong's price analysis, check to measure Xiamen Jihong'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 Xiamen Jihong is operating at the current time. Most of Xiamen Jihong's value examination focuses on studying past and present price action to predict the probability of Xiamen Jihong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xiamen Jihong's price. Additionally, you may evaluate how the addition of Xiamen Jihong to your portfolios can decrease your overall portfolio volatility.
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