Jinlong Machinery (China) Price on November 19, 2024
| 300032 Stock | 4.32 0.07 1.59% |
Below is the normalized historical share price chart for Jinlong Machinery Electronic extending back to December 25, 2009. 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 Jinlong Machinery stands at 4.32, as last reported on the 24th of January, with the highest price reaching 4.56 and the lowest price hitting 4.31 during the day.
If you're considering investing in Jinlong Stock, it is important to understand the factors that can impact its price. Jinlong Machinery holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14 % return per unit of risk over the last 3 months. Jinlong Machinery exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jinlong Machinery's insignificant Risk Adjusted Performance, market risk adjusted performance of (0.74), and Standard Deviation of 4.78 to validate the risk estimate we provide.
At present, Jinlong Machinery's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 2.5 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 686.7 M. . Jinlong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 25th of December 2009 | 200 Day MA 3.9013 | 50 Day MA 4.5864 | Beta 0.411 |
Jinlong |
Sharpe Ratio = -0.1352
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 300032 |
Estimated Market Risk
| 4.12 actual daily | 36 64% of assets are more volatile |
Expected Return
| -0.56 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Jinlong Machinery 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 Jinlong Machinery by adding Jinlong Machinery to a well-diversified portfolio.
Price Book 4.8088 | Enterprise Value Ebitda (20.04) | Price Sales 2.4025 | Shares Float 646.7 M | Wall Street Target Price 6 |
Jinlong Machinery Valuation on November 19, 2024
It is possible to determine the worth of Jinlong Machinery on a given historical date. On November 19, 2024 Jinlong was worth 5.15 at the beginning of the trading date compared to the closed value of 5.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jinlong Machinery stock. Still, in general, we apply an absolute valuation method to find Jinlong Machinery'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 Jinlong Machinery where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jinlong Machinery's related companies.
| Open | High | Low | Close | Volume | |
| 5.35 | 5.44 | 4.99 | 5.03 | 42,029,038 | |
11/19/2024 | 5.15 | 5.60 | 5.08 | 5.50 | 60,723,000 |
| 5.45 | 5.63 | 5.33 | 5.60 | 51,683,058 |
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Jinlong Machinery Trading Date Momentum on November 19, 2024
| On November 20 2024 Jinlong Machinery Electronic was traded for 5.60 at the closing time. The highest price during the trading period was 5.63 and the lowest recorded bid was listed for 5.33 . The volume for the day was 51.7 M. This history from November 20, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.82% . The trading delta at closing time to the current price is 2.55% . |
Jinlong Machinery Fundamentals Correlations and Trends
By evaluating Jinlong Machinery'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 Jinlong Machinery's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jinlong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jinlong Machinery Stock history
Jinlong Machinery 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 Jinlong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jinlong Machinery 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 Jinlong Machinery stock prices may prove useful in developing a viable investing in Jinlong Machinery
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 923.6 M | 686.7 M | |
| Net Income Applicable To Common Shares | 46.6 M | 48.9 M |
Jinlong Machinery Stock Technical Analysis
Jinlong Machinery 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
Jinlong Machinery Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
Jinlong Machinery Electronic 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.
Jinlong Machinery January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Jinlong Machinery stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jinlong Machinery shares will generate the highest return on investment. By undertsting and applying Jinlong Machinery stock market strength indicators, traders can identify Jinlong Machinery Electronic entry and exit signals to maximize returns
Jinlong Machinery Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jinlong Machinery's price direction in advance. Along with the technical and fundamental analysis of Jinlong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jinlong 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) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.75) |
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Complementary Tools for Jinlong Stock analysis
When running Jinlong Machinery's price analysis, check to measure Jinlong Machinery'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 Jinlong Machinery is operating at the current time. Most of Jinlong Machinery's value examination focuses on studying past and present price action to predict the probability of Jinlong Machinery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jinlong Machinery's price. Additionally, you may evaluate how the addition of Jinlong Machinery to your portfolios can decrease your overall portfolio volatility.
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