Jiamei Food (China) Price on May 23, 2024
| 002969 Stock | 3.41 0.02 0.59% |
Below is the normalized historical share price chart for Jiamei Food Packaging extending back to December 02, 2019. 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 Jiamei Food stands at 3.41, as last reported on the 29th of November, with the highest price reaching 3.45 and the lowest price hitting 3.35 during the day.
If you're considering investing in Jiamei Stock, it is important to understand the factors that can impact its price. Jiamei Food appears to be relatively risky, given 3 months investment horizon. Jiamei Food Packaging holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jiamei Food Packaging, which you can use to evaluate the volatility of the firm. Please utilize Jiamei Food's Downside Deviation of 2.45, market risk adjusted performance of (4.68), and Risk Adjusted Performance of 0.116 to validate if our risk estimates are consistent with your expectations.
At present, Jiamei Food's Common Stock Shares Outstanding 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 B, whereas Total Stockholder Equity is forecasted to decline to about 2.2 B. . Jiamei Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.1605 | 50 Day MA 3.1008 | Beta 0.205 |
Jiamei |
Sharpe Ratio = 0.1624
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Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Jiamei Food is performing at about 12% 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 Jiamei Food by adding it to a well-diversified portfolio.
Price Book 1.3969 | Enterprise Value Ebitda 13.4727 | Price Sales 1.0816 | Shares Float 356.4 M | Dividend Share 0.045 |
Jiamei Food Main Headline on 23rd of May 2024
Income Investors Should Know That Jiamei Food Packaging Co.,... by news.google.com
Income Investors Should Know That Jiamei Food Packaging Co.,Ltd Goes Ex-Dividend Soon Simply Wall St
Jiamei Food Valuation on May 23, 2024
It is possible to determine the worth of Jiamei Food on a given historical date. On May 23, 2024 Jiamei was worth 3.47 at the beginning of the trading date compared to the closed value of 3.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiamei Food stock. Still, in general, we apply an absolute valuation method to find Jiamei Food'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 Jiamei Food where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiamei Food's related companies.
| Open | High | Low | Close | Volume | |
| 3.48 | 3.51 | 3.46 | 3.47 | 9,634,800 | |
05/23/2024 | 3.47 | 3.47 | 3.35 | 3.36 | 12,717,410 |
| 3.35 | 3.39 | 3.33 | 3.33 | 9,062,144 |
| Backtest Jiamei Food | | | Jiamei Food History | | | Jiamei Food Valuation | Previous | Next |
Jiamei Food Trading Date Momentum on May 23, 2024
| On May 24 2024 Jiamei Food Packaging was traded for 3.33 at the closing time. The highest price during the trading period was 3.39 and the lowest recorded bid was listed for 3.33 . The volume for the day was 9.1 M. This history from May 24, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.89% . The trading delta at closing time to the current price is 3.27% . |
Jiamei Food Packaging Fundamentals Correlations and Trends
By evaluating Jiamei Food'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 Jiamei Food's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jiamei financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jiamei Food Stock history
Jiamei Food 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 Jiamei is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jiamei Food Packaging 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 Jiamei Food stock prices may prove useful in developing a viable investing in Jiamei Food
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 959.1 M | 1 B | |
| Net Income Applicable To Common Shares | 15.3 M | 14.6 M |
Jiamei Food Quarterly Net Working Capital |
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Jiamei Food Stock Technical Analysis
Jiamei Food 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
Jiamei Food Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Jiamei Food Packaging 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.
Jiamei Food November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Jiamei Food stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jiamei Food shares will generate the highest return on investment. By undertsting and applying Jiamei Food stock market strength indicators, traders can identify Jiamei Food Packaging entry and exit signals to maximize returns
Jiamei Food Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jiamei Food's price direction in advance. Along with the technical and fundamental analysis of Jiamei Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jiamei 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 | 0.116 | |||
| Jensen Alpha | 0.3182 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0797 | |||
| Treynor Ratio | (4.69) |
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Complementary Tools for Jiamei Stock analysis
When running Jiamei Food's price analysis, check to measure Jiamei Food'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 Jiamei Food is operating at the current time. Most of Jiamei Food's value examination focuses on studying past and present price action to predict the probability of Jiamei Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jiamei Food's price. Additionally, you may evaluate how the addition of Jiamei Food to your portfolios can decrease your overall portfolio volatility.
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