Jiangxi Copper (China) Price on December 2, 2024
| 600362 Stock | 21.74 0.31 1.45% |
If you're considering investing in Jiangxi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jiangxi Copper stands at 21.74, as last reported on the 11th of December 2024, with the highest price reaching 21.97 and the lowest price hitting 21.38 during the day. Jiangxi Copper appears to be not too volatile, given 3 months investment horizon. Jiangxi Copper holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% 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 utilize Jiangxi Copper's Market Risk Adjusted Performance of (0.56), risk adjusted performance of 0.0894, and Downside Deviation of 2.47 to validate if our risk estimates are consistent with your expectations.
Jiangxi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jiangxi |
Sharpe Ratio = 0.114
| Best Portfolio | Best Equity | |||
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| Small Returns | 600362 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Jiangxi Copper is performing at about 8% 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.
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Jiangxi Copper Valuation on December 2, 2024
It is possible to determine the worth of Jiangxi Copper on a given historical date. On December 2, 2024 Jiangxi was worth 21.07 at the beginning of the trading date compared to the closed value of 21.34. 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 | |
| 20.85 | 21.15 | 20.80 | 21.05 | 13,791,710 | |
12/02/2024 | 21.07 | 21.39 | 21.03 | 21.34 | 14,678,540 |
| 21.34 | 21.43 | 21.17 | 21.40 | 12,069,011 |
| Backtest Jiangxi Copper | | | Jiangxi Copper History | | | Jiangxi Copper Valuation | Previous | Next |
Jiangxi Copper Trading Date Momentum on December 2, 2024
| On December 03 2024 Jiangxi Copper Co was traded for 21.40 at the closing time. The highest price during the trading period was 21.43 and the lowest recorded bid was listed for 21.17 . The volume for the day was 12.1 M. This history from December 3, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.28% . The trading delta at closing time to the current price is 0.28% . |
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
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 | December 11, 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 December 11, 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 | 0.0894 | |||
| Jensen Alpha | 0.3194 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0613 | |||
| Treynor Ratio | (0.57) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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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