Gem Year (China) Price on November 5, 2024
| 601002 Stock | 4.41 0.05 1.12% |
Below is the normalized historical share price chart for Gem Year Industrial Co extending back to January 26, 2007. 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 Gem Year stands at 4.41, as last reported on the 27th of November, with the highest price reaching 4.52 and the lowest price hitting 4.40 during the day.
If you're considering investing in Gem Stock, it is important to understand the factors that can impact its price. Gem Year appears to be relatively risky, given 3 months investment horizon. Gem Year Industrial holds Efficiency (Sharpe) Ratio of 0.25, which attests that the entity had a 0.25% return per unit of risk over the last 3 months. By evaluating Gem Year's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please utilize Gem Year's Downside Deviation of 2.66, risk adjusted performance of 0.1612, and Market Risk Adjusted Performance of (0.50) to validate if our risk estimates are consistent with your expectations.
At present, Gem Year's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 992.2 M, whereas Total Stockholder Equity is forecasted to decline to about 2.4 B. . Gem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of January 2007 | 200 Day MA 3.4894 | 50 Day MA 3.7344 | Beta 0.191 |
Gem |
Sharpe Ratio = 0.247
| Best Portfolio | Best Equity | |||
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| Small Returns | 601002 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.24 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Gem Year is performing at about 19% 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 Gem Year by adding it to a well-diversified portfolio.
Price Book 1.0287 | Enterprise Value Ebitda 36.2449 | Price Sales 1.802 | Shares Float 516.8 M | Wall Street Target Price 12 |
Gem Year Valuation on November 5, 2024
It is possible to determine the worth of Gem Year on a given historical date. On November 5, 2024 Gem was worth 4.98 at the beginning of the trading date compared to the closed value of 4.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gem Year stock. Still, in general, we apply an absolute valuation method to find Gem Year'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 Gem Year where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gem Year's related companies.
| Open | High | Low | Close | Volume | |
| 4.31 | 4.76 | 4.30 | 4.76 | 54,199,964 | |
11/05/2024 | 4.98 | 5.03 | 4.60 | 4.74 | 92,707,327 |
| 4.79 | 4.88 | 4.53 | 4.58 | 55,420,615 |
| Backtest Gem Year | | | Gem Year History | | | Gem Year Valuation | Previous | Next |
Gem Year Trading Date Momentum on November 5, 2024
| On November 06 2024 Gem Year Industrial Co was traded for 4.58 at the closing time. The highest price during the trading period was 4.88 and the lowest recorded bid was listed for 4.53 . The volume for the day was 55.4 M. This history from November 6, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.38% . The overall trading delta to the current price is 6.75% . |
Gem Year Industrial Fundamentals Correlations and Trends
By evaluating Gem Year'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 Gem Year's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gem Year Stock history
Gem Year 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 Gem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gem Year Industrial 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 Gem Year stock prices may prove useful in developing a viable investing in Gem Year
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 956.7 M | 975 M | |
| Net Income Applicable To Common Shares | 132.1 M | 154.9 M |
Gem Year Quarterly Net Working Capital |
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Gem Year Stock Technical Analysis
Gem Year 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
Gem Year Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Gem Year Industrial 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.
Gem Year November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Gem Year stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gem Year shares will generate the highest return on investment. By undertsting and applying Gem Year stock market strength indicators, traders can identify Gem Year Industrial Co entry and exit signals to maximize returns
Gem Year Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gem Year's price direction in advance. Along with the technical and fundamental analysis of Gem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gem 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 | 0.1612 | |||
| Jensen Alpha | 0.7573 | |||
| Total Risk Alpha | 0.1322 | |||
| Sortino Ratio | 0.1858 | |||
| Treynor Ratio | (0.51) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Gem Stock analysis
When running Gem Year's price analysis, check to measure Gem Year'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 Gem Year is operating at the current time. Most of Gem Year's value examination focuses on studying past and present price action to predict the probability of Gem Year's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gem Year's price. Additionally, you may evaluate how the addition of Gem Year to your portfolios can decrease your overall portfolio volatility.
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