Jiangsu Yike (China) Price on October 21, 2024
| 301116 Stock | 13.69 0.30 2.24% |
If you're considering investing in Jiangsu Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jiangsu Yike stands at 13.69, as last reported on the 30th of November, with the highest price reaching 14.05 and the lowest price hitting 13.30 during the day. Jiangsu Yike appears to be somewhat reliable, given 3 months investment horizon. Jiangsu Yike Food 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. By evaluating Jiangsu Yike's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please utilize Jiangsu Yike's Risk Adjusted Performance of 0.1372, downside deviation of 3.42, and Market Risk Adjusted Performance of 0.9532 to validate if our risk estimates are consistent with your expectations.
As of November 30, 2024, Total Stockholder Equity is expected to decline to about 1.7 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 464.2 M. Jiangsu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jiangsu |
Sharpe Ratio = 0.1639
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 301116 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.11 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Jiangsu Yike 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 Jiangsu Yike by adding it to a well-diversified portfolio.
Price Book 3.2812 | Enterprise Value Ebitda 68.7985 | Price Sales 0.2972 | Shares Float 86.7 M | Dividend Share 0.08 |
Jiangsu Yike Valuation on October 21, 2024
It is possible to determine the worth of Jiangsu Yike on a given historical date. On October 21, 2024 Jiangsu was worth 11.43 at the beginning of the trading date compared to the closed value of 11.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiangsu Yike stock. Still, in general, we apply an absolute valuation method to find Jiangsu Yike'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 Jiangsu Yike where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiangsu Yike's related companies.
| Open | High | Low | Close | Volume | |
| 11.20 | 11.66 | 11.08 | 11.46 | 5,500,726 | |
10/21/2024 | 11.43 | 11.77 | 11.38 | 11.70 | 5,902,222 |
| 11.81 | 12.27 | 11.72 | 12.04 | 8,663,399 |
| Backtest Jiangsu Yike | | | Jiangsu Yike History | | | Jiangsu Yike Valuation | Previous | Next |
Jiangsu Yike Trading Date Momentum on October 21, 2024
| On October 22 2024 Jiangsu Yike Food was traded for 12.04 at the closing time. The highest price during the trading period was 12.27 and the lowest recorded bid was listed for 11.72 . The volume for the day was 8.7 M. This history from October 22, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.91% . The trading delta at closing time to the current price is 1.62% . |
Jiangsu Yike Food Fundamentals Correlations and Trends
By evaluating Jiangsu Yike'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 Jiangsu Yike's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jiangsu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jiangsu Yike Stock history
Jiangsu Yike 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 Jiangsu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jiangsu Yike Food 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 Jiangsu Yike stock prices may prove useful in developing a viable investing in Jiangsu Yike
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 516.3 M | 464.2 M |
Jiangsu Yike Stock Technical Analysis
Jiangsu Yike 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
Jiangsu Yike Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Jiangsu Yike Food 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.
Jiangsu Yike November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Jiangsu Yike stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jiangsu Yike shares will generate the highest return on investment. By undertsting and applying Jiangsu Yike stock market strength indicators, traders can identify Jiangsu Yike Food entry and exit signals to maximize returns
Jiangsu Yike Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jiangsu Yike's price direction in advance. Along with the technical and fundamental analysis of Jiangsu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jiangsu 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 | 0.1372 | |||
| Jensen Alpha | 0.5632 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.1533 | |||
| Treynor Ratio | 0.9432 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Jiangsu Stock analysis
When running Jiangsu Yike's price analysis, check to measure Jiangsu Yike'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 Jiangsu Yike is operating at the current time. Most of Jiangsu Yike's value examination focuses on studying past and present price action to predict the probability of Jiangsu Yike's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jiangsu Yike's price. Additionally, you may evaluate how the addition of Jiangsu Yike to your portfolios can decrease your overall portfolio volatility.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |