Jinlong Machinery (China) Price on December 23, 2024
| 300032 Stock | 4.38 0.07 1.62% |
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 4.38, as last reported on the 10th of January, with the highest price reaching 4.42 and the lowest price hitting 4.25 during the day.
If you're considering investing in Jinlong Stock, it is important to understand the factors that can impact its price. At this point, Jinlong Machinery is unstable. Jinlong Machinery holds Efficiency (Sharpe) Ratio of 0.0344, which attests that the entity had a 0.0344% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jinlong Machinery, which you can use to evaluate the volatility of the firm. Please check out Jinlong Machinery's Market Risk Adjusted Performance of (0.21), risk adjusted performance of 0.025, and Downside Deviation of 5.15 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
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 = 0.0344
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300032 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.86 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Jinlong Machinery is performing at about 2% 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 Jinlong Machinery by adding it to a well-diversified portfolio.
Price Book 4.7976 | Enterprise Value Ebitda (20.04) | Price Sales 2.419 | Shares Float 646.7 M | Wall Street Target Price 6 |
Related Headline
Panda Financial Headline on 23rd of December 2024
Recent 13 percent pullback isnt enough to hurt long-term Pan... by news.google.com
Recent 13 percent pullback isnt enough to hurt long-term Panda Financial Holding shareholders, theyre still up 70 percent over 3 years Simply Wall St
Jinlong Machinery Valuation on December 23, 2024
It is possible to determine the worth of Jinlong Machinery on a given historical date. On December 23, 2024 Jinlong was worth 5.4 at the beginning of the trading date compared to the closed value of 4.93. 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 | |
| 5.28 | 5.54 | 5.28 | 5.44 | 24,953,400 | |
12/23/2024 | 5.40 | 5.44 | 4.92 | 4.93 | 41,812,190 |
| 4.95 | 5.05 | 4.71 | 4.91 | 30,471,019 |
| Backtest Jinlong Machinery | | | Jinlong Machinery History | | | Jinlong Machinery Valuation | Previous | Next |
Jinlong Machinery Trading Date Momentum on December 23, 2024
| On December 24 2024 Jinlong Machinery Electronic was traded for 4.91 at the closing time. The highest price during the trading period was 5.05 and the lowest recorded bid was listed for 4.71 . The volume for the day was 30.5 M. This history from December 24, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.41% . The trading delta at closing time to the current price is 8.32% . |
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 10, 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 10, 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 | 0.025 | |||
| Jensen Alpha | 0.1116 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0167 | |||
| Treynor Ratio | (0.22) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |