Jinhui Mining (China) Price on September 13, 2024
| 603132 Stock | 11.67 0.08 0.68% |
If you're considering investing in Jinhui Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jinhui Mining stands at 11.67, as last reported on the 27th of November, with the highest price reaching 11.85 and the lowest price hitting 11.65 during the day. At this point, Jinhui Mining is somewhat reliable. Jinhui Mining holds Efficiency (Sharpe) Ratio of 0.0457, which attests that the entity had a 0.0457% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jinhui Mining, which you can use to evaluate the volatility of the firm. Please check out Jinhui Mining's Market Risk Adjusted Performance of (0.22), risk adjusted performance of 0.0266, and Downside Deviation of 2.4 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
As of November 27, 2024, Total Stockholder Equity is expected to decline to about 2.6 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 1 B. Jinhui Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jinhui |
Sharpe Ratio = 0.0457
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| Cash | Small Risk | 603132 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Jinhui Mining is performing at about 3% 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 Jinhui Mining by adding it to a well-diversified portfolio.
Price Book 3.667 | Book Value 3.204 | Enterprise Value 13.3 B | Enterprise Value Ebitda 21.8747 | Price Sales 7.4044 |
Jinhui Mining Valuation on September 13, 2024
It is possible to determine the worth of Jinhui Mining on a given historical date. On September 13, 2024 Jinhui was worth 10.61 at the beginning of the trading date compared to the closed value of 10.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jinhui Mining stock. Still, in general, we apply an absolute valuation method to find Jinhui Mining'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 Jinhui Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jinhui Mining's related companies.
| Open | High | Low | Close | Volume | |
| 10.70 | 10.92 | 10.65 | 10.69 | 1,910,697 | |
09/13/2024 | 10.61 | 10.65 | 10.38 | 10.38 | 1,374,852 |
| 10.38 | 10.44 | 10.09 | 10.32 | 1,613,142 |
| Backtest Jinhui Mining | | | Jinhui Mining History | | | Jinhui Mining Valuation | Previous | Next |
Jinhui Mining Trading Date Momentum on September 13, 2024
| On September 18 2024 Jinhui Mining Co was traded for 10.32 at the closing time. The highest price during the trading period was 10.44 and the lowest recorded bid was listed for 10.09 . The volume for the day was 1.6 M. This history from September 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.58% . The trading delta at closing time to the current price is 1.54% . |
Jinhui Mining Fundamentals Correlations and Trends
By evaluating Jinhui Mining'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 Jinhui Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jinhui financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jinhui Mining Stock history
Jinhui Mining 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 Jinhui is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jinhui Mining 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 Jinhui Mining stock prices may prove useful in developing a viable investing in Jinhui Mining
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 1 B | |
| Net Income Applicable To Common Shares | 540.4 M | 400.6 M |
Jinhui Mining Stock Technical Analysis
Jinhui Mining 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
Jinhui Mining Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Jinhui Mining 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.
Jinhui Mining November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Jinhui Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jinhui Mining shares will generate the highest return on investment. By undertsting and applying Jinhui Mining stock market strength indicators, traders can identify Jinhui Mining Co entry and exit signals to maximize returns
Jinhui Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jinhui Mining's price direction in advance. Along with the technical and fundamental analysis of Jinhui Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jinhui 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 | 0.0266 | |||
| Jensen Alpha | 0.0794 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.23) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Jinhui Stock analysis
When running Jinhui Mining's price analysis, check to measure Jinhui Mining'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 Jinhui Mining is operating at the current time. Most of Jinhui Mining's value examination focuses on studying past and present price action to predict the probability of Jinhui Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jinhui Mining's price. Additionally, you may evaluate how the addition of Jinhui Mining to your portfolios can decrease your overall portfolio volatility.
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