Yangzijiang Shipbuilding (Germany) Price on July 19, 2024
| B8O Stock | EUR 1.72 0.07 3.91% |
If you're considering investing in Yangzijiang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Yangzijiang Shipbuilding stands at 1.72, as last reported on the 28th of November, with the highest price reaching 1.72 and the lowest price hitting 1.72 during the day. At this point, Yangzijiang Shipbuilding is risky. Yangzijiang Shipbuilding shows Sharpe Ratio of 0.0312, which attests that the company had a 0.0312% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Yangzijiang Shipbuilding, which you can use to evaluate the volatility of the company. Please check out Yangzijiang Shipbuilding's Downside Deviation of 2.69, mean deviation of 1.72, and Market Risk Adjusted Performance of 0.1743 to validate if the risk estimate we provide is consistent with the expected return of 0.0741%.
Yangzijiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Yangzijiang |
Sharpe Ratio = 0.0312
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Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Yangzijiang Shipbuilding is performing at about 2% 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 Yangzijiang Shipbuilding by adding it to a well-diversified portfolio.
Yangzijiang Shipbuilding Valuation on July 19, 2024
It is possible to determine the worth of Yangzijiang Shipbuilding on a given historical date. On July 19, 2024 Yangzijiang was worth 1.56 at the beginning of the trading date compared to the closed value of 1.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Yangzijiang Shipbuilding stock. Still, in general, we apply an absolute valuation method to find Yangzijiang Shipbuilding'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 Yangzijiang Shipbuilding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Yangzijiang Shipbuilding's related companies.
| Open | High | Low | Close | Volume | |
| 1.58 | 1.58 | 1.58 | 1.58 | 1,700 | |
07/19/2024 | 1.56 | 1.56 | 1.56 | 1.56 | 1,700 |
| 1.52 | 1.52 | 1.52 | 1.52 | 1,700 |
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Yangzijiang Shipbuilding Trading Date Momentum on July 19, 2024
| On July 22 2024 Yangzijiang Shipbuilding was traded for 1.52 at the closing time. The highest daily price throughout the period was 1.52 and the lowest price was 1.52 . The daily volume was 1.7 K. The net trading volume on 07/22/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 2.56% . The trading price change to current closing price is 15.38% . |
Yangzijiang Shipbuilding Fundamentals Correlations and Trends
By evaluating Yangzijiang Shipbuilding'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 Yangzijiang Shipbuilding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Yangzijiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Yangzijiang Shipbuilding Stock history
Yangzijiang Shipbuilding 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 Yangzijiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Yangzijiang Shipbuilding 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 Yangzijiang Shipbuilding stock prices may prove useful in developing a viable investing in Yangzijiang Shipbuilding
Yangzijiang Shipbuilding Ltd., an investment holding company, operates in the shipbuilding activities in the Peoples Republic of China, Taiwan, Germany, Greece, Norway, Canada, Bahamas, and other Asian and European countries. The company was founded in 1956 and is headquartered in Jingjiang, China. YANGZIJIANG SHIP operates under Aerospace Defense classification in Germany and is traded on Frankfurt Stock Exchange.
Yangzijiang Shipbuilding Stock Technical Analysis
Yangzijiang Shipbuilding 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
Yangzijiang Shipbuilding Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Yangzijiang Shipbuilding 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.
Yangzijiang Shipbuilding November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Yangzijiang Shipbuilding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Yangzijiang Shipbuilding shares will generate the highest return on investment. By undertsting and applying Yangzijiang Shipbuilding stock market strength indicators, traders can identify Yangzijiang Shipbuilding entry and exit signals to maximize returns
Yangzijiang Shipbuilding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Yangzijiang Shipbuilding's price direction in advance. Along with the technical and fundamental analysis of Yangzijiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Yangzijiang 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 | 0.0443 | |||
| Jensen Alpha | 0.0277 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1643 |
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| Volume Indicators |
Complementary Tools for Yangzijiang Stock analysis
When running Yangzijiang Shipbuilding's price analysis, check to measure Yangzijiang Shipbuilding'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 Yangzijiang Shipbuilding is operating at the current time. Most of Yangzijiang Shipbuilding's value examination focuses on studying past and present price action to predict the probability of Yangzijiang Shipbuilding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Yangzijiang Shipbuilding's price. Additionally, you may evaluate how the addition of Yangzijiang Shipbuilding to your portfolios can decrease your overall portfolio volatility.
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