Chijet Motor Company, Stock Price on May 26, 2023

CJET Stock   2.02  0.03  1.46%   
If you're considering investing in Chijet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chijet stands at 2.02, as last reported on the 13th of December 2024, with the highest price reaching 2.02 and the lowest price hitting 1.90 during the day. Chijet Motor , secures Sharpe Ratio (or Efficiency) of -0.0656, which signifies that the company had a -0.0656% return per unit of risk over the last 3 months. Chijet Motor Company, exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chijet's Risk Adjusted Performance of (0.01), mean deviation of 5.09, and Standard Deviation of 7.09 to double-check the risk estimate we provide.
  
At this time, Chijet's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 172.5 M in 2024, whereas Stock Based Compensation is likely to drop slightly above 3 M in 2024. . Price Earnings To Growth Ratio is likely to gain to 0.11 in 2024, whereas Price To Sales Ratio is likely to drop 11.43 in 2024. Chijet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0656

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Estimated Market Risk

 6.49
  actual daily
57
57% of assets are less volatile

Expected Return

 -0.43
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Chijet 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 Chijet by adding Chijet to a well-diversified portfolio.
Enterprise Value Ebitda
(6.12)
Price Sales
1.0686
Shares Float
517.7 K
Earnings Share
100.5
Shares Short
45.6 K

Chijet Valuation on May 26, 2023

It is possible to determine the worth of Chijet on a given historical date. On May 26, 2023 Chijet was worth 177.0 at the beginning of the trading date compared to the closed value of 213.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chijet stock. Still, in general, we apply an absolute valuation method to find Chijet'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 Chijet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chijet's related companies.
 Open High Low Close Volume
  181.50    215.99    164.99    186.30    37,891  
05/26/2023
  177.00    214.51    175.51    213.00    8,112  
  201.59    213.59    189.30    209.70    1,827  
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Open Value
177.0
157.53
Downside
213.0
Closing Value
196.47
Upside

Chijet Trading Date Momentum on May 26, 2023

On May 30 2023 Chijet Motor Company, was traded for  209.70  at the closing time. The top price for the day was 213.59  and the lowest listed price was  189.30 . The trading volume for the day was 1.8 K. The trading history from May 30, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.55% . The overall trading delta against the current closing price is 21.41% .

Chijet Motor , Fundamentals Correlations and Trends

By evaluating Chijet'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 Chijet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chijet financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Chijet Stock history

Chijet 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 Chijet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chijet Motor , 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 Chijet stock prices may prove useful in developing a viable investing in Chijet
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.3 M4.9 M

Chijet Stock Technical Analysis

Chijet 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.
A focus of Chijet technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chijet trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Chijet Period Price Range

Low
December 13, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Chijet Motor Company, cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Chijet December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Chijet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chijet shares will generate the highest return on investment. By undertsting and applying Chijet stock market strength indicators, traders can identify Chijet Motor Company, entry and exit signals to maximize returns

Chijet Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Chijet's price direction in advance. Along with the technical and fundamental analysis of Chijet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chijet 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.

Additional Tools for Chijet Stock Analysis

When running Chijet's price analysis, check to measure Chijet'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 Chijet is operating at the current time. Most of Chijet's value examination focuses on studying past and present price action to predict the probability of Chijet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chijet's price. Additionally, you may evaluate how the addition of Chijet to your portfolios can decrease your overall portfolio volatility.