JCET Group (China) Price on April 27, 2024
| 600584 Stock | 40.45 0.52 1.30% |
Below is the normalized historical share price chart for JCET Group Co extending back to June 03, 2003. 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 JCET Group stands at 40.45, as last reported on the 28th of December, with the highest price reaching 41.52 and the lowest price hitting 39.68 during the day.
If you're considering investing in JCET Stock, it is important to understand the factors that can impact its price. JCET Group appears to be very steady, given 3 months investment horizon. JCET Group holds Efficiency (Sharpe) Ratio of 0.0907, which attests that the company had a 0.0907% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for JCET Group, which you can use to evaluate the volatility of the entity. Please utilize JCET Group's downside deviation of 2.29, and Semi Deviation of 1.92 to validate if our risk estimates are consistent with your expectations.
At present, JCET Group's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 2.1 B, whereas Other Stockholder Equity is projected to grow to (239.9 M). . JCET Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of May 2003 | 200 Day MA 32.2725 | 50 Day MA 39.9816 | Beta 1.037 |
JCET |
Sharpe Ratio = 0.0907
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600584 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.95 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average JCET Group is performing at about 7% 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 JCET Group by adding it to a well-diversified portfolio.
Price Book 2.6984 | Enterprise Value Ebitda 37.2655 | Price Sales 2.1159 | Shares Float 1.3 B | Wall Street Target Price 40.45 |
JCET Group Valuation on April 27, 2024
It is possible to determine the worth of JCET Group on a given historical date. On April 27, 2024 JCET was worth 24.15 at the beginning of the trading date compared to the closed value of 25.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JCET Group stock. Still, in general, we apply an absolute valuation method to find JCET Group'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 JCET Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JCET Group's related companies.
| Open | High | Low | Close | Volume | |
| 23.70 | 24.66 | 23.29 | 24.31 | 36,578,124 | |
04/26/2024 | 24.15 | 25.35 | 24.13 | 25.17 | 36,348,795 |
| 25.31 | 26.25 | 25.20 | 26.20 | 38,588,237 |
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JCET Group Trading Date Momentum on April 27, 2024
| On April 29 2024 JCET Group Co was traded for 26.20 at the closing time. The highest price during the trading period was 26.25 and the lowest recorded bid was listed for 25.20 . The volume for the day was 38.6 M. This history from April 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.09% . The trading delta at closing time to the current price is 4.09% . |
JCET Group Fundamentals Correlations and Trends
By evaluating JCET Group'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 JCET Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JCET financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JCET Group Stock history
JCET Group 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 JCET is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JCET Group 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 JCET Group stock prices may prove useful in developing a viable investing in JCET Group
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.8 B | 1.8 B | |
| Net Income Applicable To Common Shares | 3.4 B | 3.6 B |
JCET Group Stock Technical Analysis
JCET Group 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
JCET Group Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
JCET Group 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.
JCET Group December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how JCET Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JCET Group shares will generate the highest return on investment. By undertsting and applying JCET Group stock market strength indicators, traders can identify JCET Group Co entry and exit signals to maximize returns
JCET Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JCET Group's price direction in advance. Along with the technical and fundamental analysis of JCET Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JCET 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 | 0.1593 | |||
| Jensen Alpha | 0.5882 | |||
| Total Risk Alpha | 0.5057 | |||
| Sortino Ratio | 0.2495 | |||
| Treynor Ratio | 2.25 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for JCET Stock analysis
When running JCET Group's price analysis, check to measure JCET Group'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 JCET Group is operating at the current time. Most of JCET Group's value examination focuses on studying past and present price action to predict the probability of JCET Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JCET Group's price. Additionally, you may evaluate how the addition of JCET Group to your portfolios can decrease your overall portfolio volatility.
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