Zhejiang Yongjin (China) Price on November 27, 2024
| 603995 Stock | 19.19 0.21 1.11% |
Below is the normalized historical share price chart for Zhejiang Yongjin Metal extending back to December 24, 2019. 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 Zhejiang Yongjin stands at 19.19, as last reported on the 30th of November, with the highest price reaching 19.44 and the lowest price hitting 18.91 during the day.
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. Zhejiang Yongjin appears to be not too volatile, given 3 months investment horizon. Zhejiang Yongjin Metal shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zhejiang Yongjin Metal, which you can use to evaluate the volatility of the company. Please utilize Zhejiang Yongjin's Downside Deviation of 2.47, market risk adjusted performance of (2.24), and Mean Deviation of 1.78 to validate if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 180.7 M, whereas Total Stockholder Equity is forecasted to decline to about 3.1 B. . Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 17.7399 | 50 Day MA 18.7712 | Beta 0.977 |
Zhejiang |
Sharpe Ratio = 0.1189
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603995 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Zhejiang Yongjin is performing at about 9% 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 Zhejiang Yongjin by adding it to a well-diversified portfolio.
Price Book 1.2729 | Book Value 15.076 | Enterprise Value 9.6 B | Enterprise Value Ebitda 7.5277 | Price Sales 0.1623 |
Zhejiang Yongjin Valuation on November 27, 2024
It is possible to determine the worth of Zhejiang Yongjin on a given historical date. On November 27, 2024 Zhejiang was worth 18.4 at the beginning of the trading date compared to the closed value of 18.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Yongjin stock. Still, in general, we apply an absolute valuation method to find Zhejiang Yongjin'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 Zhejiang Yongjin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Yongjin's related companies.
| Open | High | Low | Close | Volume | |
| 18.68 | 18.75 | 18.37 | 18.47 | 2,056,655 | |
11/27/2024 | 18.40 | 18.88 | 18.11 | 18.85 | 3,179,995 |
| 18.85 | 19.08 | 18.71 | 18.98 | 2,809,035 |
| Backtest Zhejiang Yongjin | | | Zhejiang Yongjin History | | | Zhejiang Yongjin Valuation | Previous | Next |
Zhejiang Yongjin Trading Date Momentum on November 27, 2024
| On November 28 2024 Zhejiang Yongjin Metal was traded for 18.98 at the closing time. The highest price during the trading period was 19.08 and the lowest recorded bid was listed for 18.71 . The volume for the day was 2.8 M. This history from November 28, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.69% . The trading date delta to the current price is 0.53% . |
Zhejiang Yongjin Metal Fundamentals Correlations and Trends
By evaluating Zhejiang Yongjin'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 Zhejiang Yongjin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhejiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhejiang Yongjin Stock history
Zhejiang Yongjin 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 Zhejiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhejiang Yongjin Metal 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 Zhejiang Yongjin stock prices may prove useful in developing a viable investing in Zhejiang Yongjin
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 381.4 M | 309.3 M | |
| Net Income Applicable To Common Shares | 679.8 M | 490.7 M |
Zhejiang Yongjin Quarterly Net Working Capital |
|
Zhejiang Yongjin Stock Technical Analysis
Zhejiang Yongjin 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
Zhejiang Yongjin Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Zhejiang Yongjin Metal 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.
Zhejiang Yongjin November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Yongjin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhejiang Yongjin shares will generate the highest return on investment. By undertsting and applying Zhejiang Yongjin stock market strength indicators, traders can identify Zhejiang Yongjin Metal entry and exit signals to maximize returns
Zhejiang Yongjin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Yongjin's price direction in advance. Along with the technical and fundamental analysis of Zhejiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhejiang 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 | 0.0895 | |||
| Jensen Alpha | 0.2865 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0582 | |||
| Treynor Ratio | (2.25) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Yongjin's price analysis, check to measure Zhejiang Yongjin'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 Zhejiang Yongjin is operating at the current time. Most of Zhejiang Yongjin's value examination focuses on studying past and present price action to predict the probability of Zhejiang Yongjin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Yongjin's price. Additionally, you may evaluate how the addition of Zhejiang Yongjin to your portfolios can decrease your overall portfolio volatility.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |