Jiangxi Copper (China) Price on November 29, 2024
| 600362 Stock | 21.05 0.19 0.91% |
Below is the normalized historical share price chart for Jiangxi Copper Co extending back to January 11, 2002. 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 Jiangxi Copper stands at 21.05, as last reported on the 29th of November, with the highest price reaching 21.15 and the lowest price hitting 20.80 during the day.
If you're considering investing in Jiangxi Stock, it is important to understand the factors that can impact its price. At this point, Jiangxi Copper is not too volatile. Jiangxi Copper holds Efficiency (Sharpe) Ratio of 0.056, which attests that the entity had a 0.056% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jiangxi Copper, which you can use to evaluate the volatility of the firm. Please check out Jiangxi Copper's Risk Adjusted Performance of 0.0264, market risk adjusted performance of (0.12), and Downside Deviation of 2.37 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
The current year's Other Stockholder Equity is expected to grow to about 14.4 B, whereas Total Stockholder Equity is forecasted to decline to about 62.7 B. . Jiangxi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 22.8011 | 50 Day MA 22.342 | Beta 1.328 |
Jiangxi |
Sharpe Ratio = 0.056
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| Cash | Small Risk | 600362 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Jiangxi Copper is performing at about 4% 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 Jiangxi Copper by adding it to a well-diversified portfolio.
Price Book 0.9517 | Enterprise Value Ebitda 8.5382 | Price Sales 0.115 | Shares Float 1.9 B | Wall Street Target Price 26.38 |
Jiangxi Copper Valuation on November 29, 2024
It is possible to determine the worth of Jiangxi Copper on a given historical date. On November 29, 2024 Jiangxi was worth 20.85 at the beginning of the trading date compared to the closed value of 21.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiangxi Copper stock. Still, in general, we apply an absolute valuation method to find Jiangxi Copper'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 Jiangxi Copper where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiangxi Copper's related companies.
| Open | High | Low | Close | Volume | |
| 21.20 | 21.20 | 20.85 | 20.86 | 11,755,084 | |
11/29/2024 | 20.85 | 21.15 | 20.80 | 21.05 | 13,791,710 |
| Backtest Jiangxi Copper | | | Jiangxi Copper History | | | Jiangxi Copper Valuation | Previous |
Jiangxi Copper Trading Date Momentum on November 29, 2024
| On November 29 2024 Jiangxi Copper Co was traded for 21.05 at the closing time. The highest price during the trading period was 21.15 and the lowest recorded bid was listed for 20.80 . The volume for the day was 13.8 M. This history from November 29, 2024 did not cause price change. The trading delta at closing time to the current price is 0.95% . |
Jiangxi Copper Fundamentals Correlations and Trends
By evaluating Jiangxi Copper'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 Jiangxi Copper's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jiangxi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jiangxi Copper Stock history
Jiangxi Copper 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 Jiangxi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jiangxi Copper 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 Jiangxi Copper stock prices may prove useful in developing a viable investing in Jiangxi Copper
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.1 B | 2.8 B | |
| Net Income Applicable To Common Shares | 6.5 B | 6.8 B |
Jiangxi Copper Quarterly Net Working Capital |
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Jiangxi Copper Stock Technical Analysis
Jiangxi Copper 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
Jiangxi Copper Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Jiangxi Copper Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.
Jiangxi Copper November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Jiangxi Copper stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jiangxi Copper shares will generate the highest return on investment. By undertsting and applying Jiangxi Copper stock market strength indicators, traders can identify Jiangxi Copper Co entry and exit signals to maximize returns
Jiangxi Copper Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jiangxi Copper's price direction in advance. Along with the technical and fundamental analysis of Jiangxi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jiangxi 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 | 0.0264 | |||
| Jensen Alpha | 0.0939 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.13) |
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Complementary Tools for Jiangxi Stock analysis
When running Jiangxi Copper's price analysis, check to measure Jiangxi Copper'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 Jiangxi Copper is operating at the current time. Most of Jiangxi Copper's value examination focuses on studying past and present price action to predict the probability of Jiangxi Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jiangxi Copper's price. Additionally, you may evaluate how the addition of Jiangxi Copper to your portfolios can decrease your overall portfolio volatility.
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