Jinan Acetate (Taiwan) Price on October 29, 2024
4763 Stock | TWD 864.00 21.00 2.37% |
If you're considering investing in Jinan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jinan Acetate stands at 864.00, as last reported on the 28th of November, with the highest price reaching 898.00 and the lowest price hitting 864.00 during the day. Jinan Acetate Chemical holds Efficiency (Sharpe) Ratio of -0.0287, which attests that the entity had a -0.0287% return per unit of risk over the last 3 months. Jinan Acetate Chemical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jinan Acetate's Market Risk Adjusted Performance of (0.05), standard deviation of 2.44, and Risk Adjusted Performance of 0.0028 to validate the risk estimate we provide.
Jinan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jinan |
Sharpe Ratio = -0.0287
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 4763 |
Estimated Market Risk
2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.07 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 Jinan Acetate 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 Jinan Acetate by adding Jinan Acetate to a well-diversified portfolio.
Jinan Acetate Valuation on October 29, 2024
It is possible to determine the worth of Jinan Acetate on a given historical date. On October 29, 2024 Jinan was worth 842.0 at the beginning of the trading date compared to the closed value of 842.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jinan Acetate stock. Still, in general, we apply an absolute valuation method to find Jinan Acetate'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 Jinan Acetate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jinan Acetate's related companies.
Open | High | Low | Close | Volume | |
873.00 | 878.00 | 842.00 | 844.00 | 2,516,754 | |
10/29/2024 | 842.00 | 849.00 | 834.00 | 842.00 | 822,222 |
842.00 | 865.00 | 842.00 | 851.00 | 1,183,493 |
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Jinan Acetate Trading Date Momentum on October 29, 2024
On October 30 2024 Jinan Acetate Chemical was traded for 851.00 at the closing time. The highest price during the trading period was 865.00 and the lowest recorded bid was listed for 842.00 . The volume for the day was 1.2 M. This history from October 30, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.07% . The trading delta at closing time to the current price is 2.97% . |
Jinan Acetate Chemical Fundamentals Correlations and Trends
By evaluating Jinan Acetate'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 Jinan Acetate's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jinan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jinan Acetate Stock history
Jinan Acetate 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 Jinan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jinan Acetate Chemical 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 Jinan Acetate stock prices may prove useful in developing a viable investing in Jinan Acetate
Jinan Acetate Chemical Co., Ltd. produces and sells nylon air textured yarns, cellulose acetate tows, and cellulose acetate products in Asia, the United States, Africa, and internationally. The company was founded in 1999 and is headquartered in Grand Cayman, the Cayman Islands. JINAN ACETATE is traded on Taiwan Stock Exchange in Taiwan.
Jinan Acetate Stock Technical Analysis
Jinan Acetate 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
Jinan Acetate Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Jinan Acetate Chemical cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan 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.
Jinan Acetate November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Jinan Acetate stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jinan Acetate shares will generate the highest return on investment. By undertsting and applying Jinan Acetate stock market strength indicators, traders can identify Jinan Acetate Chemical entry and exit signals to maximize returns
Jinan Acetate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jinan Acetate's price direction in advance. Along with the technical and fundamental analysis of Jinan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jinan 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 | 0.0028 | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | (0.06) |
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Additional Tools for Jinan Stock Analysis
When running Jinan Acetate's price analysis, check to measure Jinan Acetate'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 Jinan Acetate is operating at the current time. Most of Jinan Acetate's value examination focuses on studying past and present price action to predict the probability of Jinan Acetate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jinan Acetate's price. Additionally, you may evaluate how the addition of Jinan Acetate to your portfolios can decrease your overall portfolio volatility.