Jinduicheng Molybdenum (China) Price on November 26, 2024
| 601958 Stock | 10.82 0.13 1.22% |
Below is the normalized historical share price chart for Jinduicheng Molybdenum Co extending back to April 17, 2008. 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 Jinduicheng Molybdenum stands at 10.82, as last reported on the 12th of December 2024, with the highest price reaching 10.91 and the lowest price hitting 10.66 during the day.
If you're considering investing in Jinduicheng Stock, it is important to understand the factors that can impact its price. Jinduicheng Molybdenum appears to be not too volatile, given 3 months investment horizon. Jinduicheng Molybdenum holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jinduicheng Molybdenum, which you can use to evaluate the volatility of the firm. Please utilize Jinduicheng Molybdenum's Market Risk Adjusted Performance of (0.66), risk adjusted performance of 0.0707, and Downside Deviation of 1.55 to validate if our risk estimates are consistent with your expectations.
As of December 12, 2024, Total Stockholder Equity is expected to decline to about 13.2 B. In addition to that, Common Stock is expected to decline to about 3.4 B. Jinduicheng Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of April 2008 | 200 Day MA 10.7972 | 50 Day MA 11.0044 | Beta 0.552 |
Jinduicheng |
Sharpe Ratio = 0.1275
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601958 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Jinduicheng Molybdenum is performing at about 10% 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 Jinduicheng Molybdenum by adding it to a well-diversified portfolio.
Price Book 2.1442 | Enterprise Value Ebitda 7.8717 | Price Sales 2.7453 | Shares Float 849.7 M | Wall Street Target Price 15.5 |
Jinduicheng Molybdenum Valuation on November 26, 2024
It is possible to determine the worth of Jinduicheng Molybdenum on a given historical date. On November 26, 2024 Jinduicheng was worth 10.53 at the beginning of the trading date compared to the closed value of 10.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jinduicheng Molybdenum stock. Still, in general, we apply an absolute valuation method to find Jinduicheng Molybdenum'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 Jinduicheng Molybdenum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jinduicheng Molybdenum's related companies.
| Open | High | Low | Close | Volume | |
| 10.61 | 10.73 | 10.47 | 10.57 | 15,831,111 | |
11/26/2024 | 10.53 | 10.63 | 10.43 | 10.45 | 12,954,768 |
| 10.44 | 10.59 | 10.24 | 10.58 | 15,784,533 |
| Backtest Jinduicheng Molybdenum | | | Jinduicheng Molybdenum History | | | Jinduicheng Molybdenum Valuation | Previous | Next |
Jinduicheng Molybdenum Trading Date Momentum on November 26, 2024
| On November 27 2024 Jinduicheng Molybdenum Co was traded for 10.58 at the closing time. The highest price during the trading period was 10.59 and the lowest recorded bid was listed for 10.24 . The volume for the day was 15.8 M. This history from November 27, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.24% . The trading delta at closing time to the current price is 0.00% . |
Jinduicheng Molybdenum Fundamentals Correlations and Trends
By evaluating Jinduicheng Molybdenum'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 Jinduicheng Molybdenum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jinduicheng financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jinduicheng Molybdenum Stock history
Jinduicheng Molybdenum 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 Jinduicheng is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jinduicheng Molybdenum 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 Jinduicheng Molybdenum stock prices may prove useful in developing a viable investing in Jinduicheng Molybdenum
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.9 B | 2.6 B | |
| Net Income Applicable To Common Shares | 1.2 B | 685.1 M |
Jinduicheng Molybdenum Quarterly Net Working Capital |
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Jinduicheng Molybdenum Stock Technical Analysis
Jinduicheng Molybdenum 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
Jinduicheng Molybdenum Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Jinduicheng Molybdenum 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.
Jinduicheng Molybdenum December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Jinduicheng Molybdenum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jinduicheng Molybdenum shares will generate the highest return on investment. By undertsting and applying Jinduicheng Molybdenum stock market strength indicators, traders can identify Jinduicheng Molybdenum Co entry and exit signals to maximize returns
Jinduicheng Molybdenum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jinduicheng Molybdenum's price direction in advance. Along with the technical and fundamental analysis of Jinduicheng Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jinduicheng 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 | 0.0707 | |||
| Jensen Alpha | 0.1909 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0313 | |||
| Treynor Ratio | (0.67) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Jinduicheng Stock analysis
When running Jinduicheng Molybdenum's price analysis, check to measure Jinduicheng Molybdenum'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 Jinduicheng Molybdenum is operating at the current time. Most of Jinduicheng Molybdenum's value examination focuses on studying past and present price action to predict the probability of Jinduicheng Molybdenum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jinduicheng Molybdenum's price. Additionally, you may evaluate how the addition of Jinduicheng Molybdenum to your portfolios can decrease your overall portfolio volatility.
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