Jinhui Liquor (China) Price on June 20, 2024
| 603919 Stock | 21.63 0.86 4.14% |
Below is the normalized historical share price chart for Jinhui Liquor Co extending back to March 10, 2016. 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 Jinhui Liquor stands at 21.63, as last reported on the 30th of November, with the highest price reaching 22.07 and the lowest price hitting 20.85 during the day.
If you're considering investing in Jinhui Stock, it is important to understand the factors that can impact its price. Jinhui Liquor appears to be not too volatile, given 3 months investment horizon. Jinhui Liquor holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of risk over the last 3 months. By evaluating Jinhui Liquor's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please utilize Jinhui Liquor's Downside Deviation of 2.81, risk adjusted performance of 0.098, and Market Risk Adjusted Performance of 0.8608 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 1.9 B. In addition to that, Common Stock is expected to decline to about 326.5 M. Jinhui Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 19.7249 | 50 Day MA 20.0568 | Beta 0.805 |
Jinhui |
Sharpe Ratio = 0.1468
| Best Portfolio | Best Equity | |||
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| Small Returns | 603919 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.64 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Jinhui Liquor is performing at about 11% 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 Liquor by adding it to a well-diversified portfolio.
Price Book 3.3557 | Enterprise Value Ebitda 21.859 | Price Sales 3.8407 | Shares Float 174.2 M | Wall Street Target Price 24.48 |
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Jinhui Liquor Valuation on June 20, 2024
It is possible to determine the worth of Jinhui Liquor on a given historical date. On June 20, 2024 Jinhui was worth 19.36 at the beginning of the trading date compared to the closed value of 18.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jinhui Liquor stock. Still, in general, we apply an absolute valuation method to find Jinhui Liquor'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 Liquor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jinhui Liquor's related companies.
| Open | High | Low | Close | Volume | |
| 19.41 | 19.63 | 19.25 | 19.26 | 2,702,871 | |
06/20/2024 | 19.36 | 19.40 | 18.97 | 18.97 | 2,610,038 |
| 18.87 | 19.10 | 18.76 | 18.80 | 2,301,379 |
| Backtest Jinhui Liquor | | | Jinhui Liquor History | | | Jinhui Liquor Valuation | Previous | Next |
Jinhui Liquor Trading Date Momentum on June 20, 2024
| On June 21 2024 Jinhui Liquor Co was traded for 18.80 at the closing time. The highest price during the trading period was 19.10 and the lowest recorded bid was listed for 18.76 . The volume for the day was 2.3 M. This history from June 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.90% . The trading delta at closing time to the current price is 4.22% . |
Jinhui Liquor Fundamentals Correlations and Trends
By evaluating Jinhui Liquor'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 Liquor'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 Liquor Stock history
Jinhui Liquor 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 Liquor 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 Liquor stock prices may prove useful in developing a viable investing in Jinhui Liquor
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 583.3 M | 547.3 M | |
| Net Income Applicable To Common Shares | 373.6 M | 286.9 M |
Jinhui Liquor Quarterly Net Working Capital |
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Jinhui Liquor Stock Technical Analysis
Jinhui Liquor 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 Liquor Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Jinhui Liquor 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 Liquor November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Jinhui Liquor 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 Liquor shares will generate the highest return on investment. By undertsting and applying Jinhui Liquor stock market strength indicators, traders can identify Jinhui Liquor Co entry and exit signals to maximize returns
Jinhui Liquor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jinhui Liquor'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 | 0.098 | |||
| Jensen Alpha | 0.3463 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0995 | |||
| Treynor Ratio | 0.8508 |
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| Volume Indicators |
Complementary Tools for Jinhui Stock analysis
When running Jinhui Liquor's price analysis, check to measure Jinhui Liquor'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 Liquor is operating at the current time. Most of Jinhui Liquor's value examination focuses on studying past and present price action to predict the probability of Jinhui Liquor'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 Liquor's price. Additionally, you may evaluate how the addition of Jinhui Liquor to your portfolios can decrease your overall portfolio volatility.
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