JD HEALTH (Germany) Price on January 2, 2024
| 8ZN Stock | 3.30 0.16 4.62% |
If you're considering investing in 8ZN Stock, it is important to understand the factors that can impact its price. As of today, the current price of JD HEALTH stands at 3.30, as last reported on the 25th of November, with the highest price reaching 3.30 and the lowest price hitting 3.30 during the day. JD HEALTH appears to be very risky, given 3 months investment horizon. JD HEALTH INTL retains Efficiency (Sharpe Ratio) of 0.1, which attests that the entity had a 0.1% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for JD HEALTH, which you can use to evaluate the volatility of the firm. Please utilize JD HEALTH's Semi Deviation of 3.83, standard deviation of 4.39, and Market Risk Adjusted Performance of (2.82) to validate if our risk estimates are consistent with your expectations.
8ZN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
8ZN |
Sharpe Ratio = 0.1026
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Estimated Market Risk
| 4.37 actual daily | 38 62% of assets are more volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average JD HEALTH is performing at about 8% 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 JD HEALTH by adding it to a well-diversified portfolio.
JD HEALTH Valuation on January 2, 2024
It is possible to determine the worth of JD HEALTH on a given historical date. On January 2, 2024 8ZN was worth 4.36 at the beginning of the trading date compared to the closed value of 4.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JD HEALTH stock. Still, in general, we apply an absolute valuation method to find JD HEALTH'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 JD HEALTH where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JD HEALTH's related companies.
| Open | High | Low | Close | Volume | |
| 4.46 | 4.46 | 4.46 | 4.46 | 665.00 | |
01/02/2024 | 4.36 | 4.36 | 4.36 | 4.36 | 1.00 |
| 4.18 | 4.18 | 4.18 | 4.18 | 1.00 |
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JD HEALTH Trading Date Momentum on January 2, 2024
| On January 03 2024 JD HEALTH INTL was traded for 4.18 at the closing time. The highest daily price throughout the period was 4.18 and the lowest price was 4.18 . There was no trading activity during the period 1.0. Lack of trading volume on 01/03/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 4.13% . The trading delta at closing time to current closing price is 14.45% . |
JD HEALTH INTL Fundamentals Correlations and Trends
By evaluating JD HEALTH'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 JD HEALTH's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 8ZN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JD HEALTH Stock history
JD HEALTH 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 8ZN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JD HEALTH INTL 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 JD HEALTH stock prices may prove useful in developing a viable investing in JD HEALTH
JD HEALTH Stock Technical Analysis
JD HEALTH 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
JD HEALTH Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
JD HEALTH INTL cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
JD HEALTH November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how JD HEALTH stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JD HEALTH shares will generate the highest return on investment. By undertsting and applying JD HEALTH stock market strength indicators, traders can identify JD HEALTH INTL entry and exit signals to maximize returns
JD HEALTH Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JD HEALTH's price direction in advance. Along with the technical and fundamental analysis of 8ZN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 8ZN 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 | 0.1048 | |||
| Jensen Alpha | 0.5652 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.1042 | |||
| Treynor Ratio | (2.83) |
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| Volume Indicators |
Complementary Tools for 8ZN Stock analysis
When running JD HEALTH's price analysis, check to measure JD HEALTH'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 JD HEALTH is operating at the current time. Most of JD HEALTH's value examination focuses on studying past and present price action to predict the probability of JD HEALTH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JD HEALTH's price. Additionally, you may evaluate how the addition of JD HEALTH to your portfolios can decrease your overall portfolio volatility.
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