Zijin Mining (Germany) Price on July 11, 2023

FJZ Stock  EUR 1.77  0.06  3.51%   
If you're considering investing in Zijin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zijin Mining stands at 1.77, as last reported on the 30th of November, with the highest price reaching 1.77 and the lowest price hitting 1.77 during the day. Zijin Mining Group shows Sharpe Ratio of -0.0014, which attests that the company had a -0.0014% return per unit of risk over the last 3 months. Zijin Mining Group exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zijin Mining's Market Risk Adjusted Performance of (0.14), downside deviation of 4.31, and Mean Deviation of 3.22 to validate the risk estimate we provide.
  
Zijin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0014

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Estimated Market Risk

 4.2
  actual daily
37
63% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Zijin Mining 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 Zijin Mining by adding Zijin Mining to a well-diversified portfolio.

Zijin Mining Valuation on July 11, 2023

It is possible to determine the worth of Zijin Mining on a given historical date. On July 11, 2023 Zijin was worth 1.07 at the beginning of the trading date compared to the closed value of 1.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zijin Mining stock. Still, in general, we apply an absolute valuation method to find Zijin Mining'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 Zijin Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zijin Mining's related companies.
 Open High Low Close Volume
  1.06    1.06    1.04    1.04    1,260  
07/11/2023
  1.07    1.08    1.07    1.08    1.00  
  1.09    1.09    1.08    1.08    1.00  
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Open Value
1.07
1.08
Closing Value
13.68
Upside

Zijin Mining Trading Date Momentum on July 11, 2023

On July 12 2023 Zijin Mining Group was traded for  1.08  at the closing time. The highest daily price throughout the period was 1.09  and the lowest price was  1.08 . There was no trading activity during the period 1.0. Lack of trading volume on 07/12/2023 had no short-term effect on price fluctuation. The trading date delta to current closing price is 7.41% .

Zijin Mining Group Fundamentals Correlations and Trends

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

About Zijin Mining Stock history

Zijin Mining 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 Zijin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zijin Mining Group 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 Zijin Mining stock prices may prove useful in developing a viable investing in Zijin Mining
Zijin Mining Group Company Limited engages in the exploration, mining, and sale of mineral resources in China and internationally. Zijin Mining Group Company Limited was founded in 1986 and is headquartered in Longyan, the Peoples Republic of China. ZIJIN MINING operates under Industrial Metals Minerals classification in Germany and is traded on Frankfurt Stock Exchange.

Zijin Mining Stock Technical Analysis

Zijin Mining 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 Zijin Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zijin Mining 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

Zijin Mining Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Zijin Mining Group 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.

Zijin Mining November 30, 2024 Market Strength

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

Zijin Mining Technical and Predictive Indicators

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

Complementary Tools for Zijin Stock analysis

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