Juneyao Airlines (China) Price on September 1, 2023
| 603885 Stock | 14.47 0.13 0.89% |
Below is the normalized historical share price chart for Juneyao Airlines extending back to May 27, 2015. 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 Juneyao Airlines stands at 14.47, as last reported on the 30th of November, with the highest price reaching 14.66 and the lowest price hitting 14.14 during the day.
If you're considering investing in Juneyao Stock, it is important to understand the factors that can impact its price. Juneyao Airlines appears to be not too volatile, given 3 months investment horizon. Juneyao Airlines holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. By evaluating Juneyao Airlines' technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please utilize Juneyao Airlines' Downside Deviation of 2.05, market risk adjusted performance of 1.25, and Risk Adjusted Performance of 0.1298 to validate if our risk estimates are consistent with your expectations.
As of November 30, 2024, Total Stockholder Equity is expected to decline to about 7.9 B. In addition to that, Common Stock is expected to decline to about 1.6 B. Juneyao Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 12.1224 | 50 Day MA 12.682 | Beta 0.606 |
Juneyao |
Sharpe Ratio = 0.2123
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 603885 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.03 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Juneyao Airlines is performing at about 16% 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 Juneyao Airlines by adding it to a well-diversified portfolio.
Price Book 3.4269 | Enterprise Value Ebitda 24.8912 | Price Sales 1.479 | Shares Float 817.4 M | Wall Street Target Price 14.82 |
Juneyao Airlines Valuation on September 1, 2023
It is possible to determine the worth of Juneyao Airlines on a given historical date. On September 1, 2023 Juneyao was worth 15.9 at the beginning of the trading date compared to the closed value of 16.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Juneyao Airlines stock. Still, in general, we apply an absolute valuation method to find Juneyao Airlines' 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 Juneyao Airlines where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Juneyao Airlines' related companies.
| Open | High | Low | Close | Volume | |
| 15.80 | 16.01 | 15.60 | 15.87 | 7,153,864 | |
09/01/2023 | 15.90 | 16.31 | 15.85 | 16.02 | 8,993,705 |
| 16.08 | 16.17 | 15.65 | 15.74 | 10,982,513 |
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Juneyao Airlines Trading Date Momentum on September 1, 2023
| On September 04 2023 Juneyao Airlines was traded for 15.74 at the closing time. The highest price during the trading period was 16.17 and the lowest recorded bid was listed for 15.65 . The volume for the day was 11 M. This history from September 4, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.75% . The trading delta at closing time to the current price is 4.37% . |
Juneyao Airlines Fundamentals Correlations and Trends
By evaluating Juneyao Airlines' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Juneyao Airlines' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Juneyao financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Juneyao Airlines Stock history
Juneyao Airlines 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 Juneyao is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Juneyao Airlines 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 Juneyao Airlines stock prices may prove useful in developing a viable investing in Juneyao Airlines
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.5 B | 2.2 B | |
| Net Loss | -3.7 B | -3.5 B |
Juneyao Airlines Stock Technical Analysis
Juneyao Airlines 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
Juneyao Airlines Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Juneyao Airlines November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Juneyao Airlines stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Juneyao Airlines shares will generate the highest return on investment. By undertsting and applying Juneyao Airlines stock market strength indicators, traders can identify Juneyao Airlines entry and exit signals to maximize returns
Juneyao Airlines Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Juneyao Airlines' price direction in advance. Along with the technical and fundamental analysis of Juneyao Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Juneyao 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 | 0.1298 | |||
| Jensen Alpha | 0.4143 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1632 | |||
| Treynor Ratio | 1.24 |
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Complementary Tools for Juneyao Stock analysis
When running Juneyao Airlines' price analysis, check to measure Juneyao Airlines' 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 Juneyao Airlines is operating at the current time. Most of Juneyao Airlines' value examination focuses on studying past and present price action to predict the probability of Juneyao Airlines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Juneyao Airlines' price. Additionally, you may evaluate how the addition of Juneyao Airlines to your portfolios can decrease your overall portfolio volatility.
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