Xiamen Jihong (China) Price on November 5, 2024

002803 Stock   12.86  0.25  1.91%   
If you're considering investing in Xiamen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xiamen Jihong stands at 12.86, as last reported on the 1st of February, with the highest price reaching 13.26 and the lowest price hitting 12.86 during the day. Xiamen Jihong Package shows Sharpe Ratio of -0.0273, which attests that the company had a -0.0273 % return per unit of risk over the last 3 months. Xiamen Jihong Package exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xiamen Jihong's Mean Deviation of 2.46, standard deviation of 3.26, and Market Risk Adjusted Performance of (0.53) to validate the risk estimate we provide.
  
Xiamen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0273

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns002803

Estimated Market Risk

 3.26
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Xiamen Jihong is not performing at its full potential. However, 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 Xiamen Jihong to a well-diversified portfolio.

Xiamen Jihong Valuation on November 5, 2024

It is possible to determine the worth of Xiamen Jihong on a given historical date. On November 5, 2024 Xiamen was worth 14.24 at the beginning of the trading date compared to the closed value of 14.29. 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
  12.83    14.02    12.81    14.02    38,743,595  
11/05/2024
  14.24    14.47    13.84    14.29    44,243,060  
  14.22    14.69    14.08    14.42    30,934,475  
Backtest Xiamen Jihong  |  Xiamen Jihong History  |  Xiamen Jihong Valuation   PreviousNext  
Open Value
14.24
14.29
Closing Value
24.02
Upside

Xiamen Jihong Trading Date Momentum on November 5, 2024

On November 06 2024 Xiamen Jihong Package was traded for  14.42  at the closing time. The highest price during the trading period was 14.69  and the lowest recorded bid was listed for  14.08 . The volume for the day was 30.9 M. This history from November 6, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.91% . The trading price change to the current price is 0.21% .

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

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.
A focus of Xiamen Jihong technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Xiamen Jihong trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Xiamen Jihong Period Price Range

Low
February 1, 2025
0.00  NaN%
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 February 1, 2025 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.

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.
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
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Bonds Directory
Find actively traded corporate debentures issued by US companies