Yangzijiang Shipbuilding (Germany) Price on October 23, 2023
B8O Stock | EUR 1.68 0.04 2.33% |
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 1.68, as last reported on the 1st of December, with the highest price reaching 1.68 and the lowest price hitting 1.68 during the day. Yangzijiang Shipbuilding shows Sharpe Ratio of -0.0117, which attests that the company had a -0.0117% return per unit of risk over the last 3 months. Yangzijiang Shipbuilding exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Yangzijiang Shipbuilding's Mean Deviation of 1.75, market risk adjusted performance of 0.2285, and Downside Deviation of 2.75 to validate the risk estimate we provide.
Yangzijiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Yangzijiang |
Sharpe Ratio = -0.0117
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | B8O |
Estimated Market Risk
2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Yangzijiang Shipbuilding is not performing at its full potential. However, 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 Yangzijiang Shipbuilding to a well-diversified portfolio.
Yangzijiang Shipbuilding Valuation on October 23, 2023
It is possible to determine the worth of Yangzijiang Shipbuilding on a given historical date. On October 23, 2023 Yangzijiang was worth 0.91 at the beginning of the trading date compared to the closed value of 0.91. 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 | |
0.92 | 0.92 | 0.92 | 0.92 | 1.00 | |
10/23/2023 | 0.91 | 0.91 | 0.91 | 0.91 | 1.00 |
0.94 | 0.94 | 0.94 | 0.94 | 1.00 |
Backtest Yangzijiang Shipbuilding | | | Yangzijiang Shipbuilding History | | | Yangzijiang Shipbuilding Valuation | Previous | Next |
Yangzijiang Shipbuilding Trading Date Momentum on October 23, 2023
On October 24 2023 Yangzijiang Shipbuilding was traded for 0.94 at the closing time. The highest daily price throughout the period was 0.94 and the lowest price was 0.94 . There was no trading activity during the period 1.0. Lack of trading volume on 10/24/2023 added to the next day price rise. The overall trading delta to closing price of the next trading day was 3.30% . The trading price change to current closing price is 5.49% . |
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 | December 1, 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 December 1, 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 | 0.0186 | |||
Jensen Alpha | 0.0111 | |||
Total Risk Alpha | (0.37) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | 0.2185 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
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.
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |