Jinli Group (Taiwan) Price on December 2, 2024
| 8429 Stock | TWD 13.55 0.65 5.04% |
If you're considering investing in Jinli Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jinli Group stands at 13.55, as last reported on the 3rd of December, with the highest price reaching 13.75 and the lowest price hitting 12.60 during the day. Jinli Group appears to be somewhat reliable, given 3 months investment horizon. Jinli Group Holdings holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. By evaluating Jinli Group's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please utilize Jinli Group's Risk Adjusted Performance of 0.1406, market risk adjusted performance of (1.69), and Downside Deviation of 2.6 to validate if our risk estimates are consistent with your expectations.
Jinli Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jinli |
Sharpe Ratio = 0.1995
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 8429 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Jinli Group is performing at about 15% 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 Jinli Group by adding it to a well-diversified portfolio.
Jinli Group Valuation on December 2, 2024
It is possible to determine the worth of Jinli Group on a given historical date. On December 2, 2024 Jinli was worth 13.2 at the beginning of the trading date compared to the closed value of 13.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jinli Group stock. Still, in general, we apply an absolute valuation method to find Jinli Group'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 Jinli Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jinli Group's related companies.
| Open | High | Low | Close | Volume | |
| 12.45 | 13.15 | 12.25 | 12.90 | 8,175,730 | |
12/02/2024 | 13.20 | 13.75 | 12.60 | 13.55 | 11,558,266 |
| 13.20 | 13.75 | 12.60 | 13.55 | 0.00 |
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Jinli Group Trading Date Momentum on December 2, 2024
| On December 03 2024 Jinli Group Holdings was traded for 13.55 at the closing time. The highest price during the trading period was 13.75 and the lowest recorded bid was listed for 12.60 . There was no trading activity during the period 0.0. Lack of trading volume on December 3, 2024 did not cause price change. The trading delta at closing time to the current price is 2.58% . |
Jinli Group Holdings Fundamentals Correlations and Trends
By evaluating Jinli Group'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 Jinli Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jinli financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jinli Group Stock history
Jinli Group 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 Jinli is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jinli Group Holdings 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 Jinli Group stock prices may prove useful in developing a viable investing in Jinli Group
Jinli Group Holdings Limited designs, produces, and sells casual and sports footwear in China. Jinli Group Holdings Limited was founded in 2010 and is headquartered in Grand Cayman, the Cayman Islands. JINLI GROUP is traded on Taiwan Stock Exchange in Taiwan.
Jinli Group Stock Technical Analysis
Jinli Group 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
Jinli Group Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Jinli Group Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan 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.
Jinli Group December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Jinli Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jinli Group shares will generate the highest return on investment. By undertsting and applying Jinli Group stock market strength indicators, traders can identify Jinli Group Holdings entry and exit signals to maximize returns
Jinli Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jinli Group's price direction in advance. Along with the technical and fundamental analysis of Jinli Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jinli 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 | 0.1406 | |||
| Jensen Alpha | 0.5637 | |||
| Total Risk Alpha | 0.0658 | |||
| Sortino Ratio | 0.159 | |||
| Treynor Ratio | (1.70) |
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| Volume Indicators |
Additional Tools for Jinli Stock Analysis
When running Jinli Group's price analysis, check to measure Jinli Group'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 Jinli Group is operating at the current time. Most of Jinli Group's value examination focuses on studying past and present price action to predict the probability of Jinli Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jinli Group's price. Additionally, you may evaluate how the addition of Jinli Group to your portfolios can decrease your overall portfolio volatility.