ZIJIN MINH (Germany) Price on October 8, 2024
| FJZB Stock | EUR 39.60 4.60 13.14% |
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 MINH stands at 39.60, as last reported on the 29th of November, with the highest price reaching 39.60 and the lowest price hitting 39.60 during the day. ZIJIN MINH appears to be not too volatile, given 3 months investment horizon. ZIJIN MINH UNSPADR20 shows Sharpe Ratio of 0.0881, which attests that the company had a 0.0881% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for ZIJIN MINH UNSPADR20, which you can use to evaluate the volatility of the company. Please utilize ZIJIN MINH's Mean Deviation of 2.54, risk adjusted performance of 0.0263, and Downside Deviation of 3.39 to validate if our risk estimates are consistent with your expectations.
ZIJIN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ZIJIN |
Sharpe Ratio = 0.0881
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Estimated Market Risk
| 3.46 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average ZIJIN MINH is performing at about 6% 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 ZIJIN MINH by adding it to a well-diversified portfolio.
ZIJIN MINH Valuation on October 8, 2024
It is possible to determine the worth of ZIJIN MINH on a given historical date. On October 8, 2024 ZIJIN was worth 38.4 at the beginning of the trading date compared to the closed value of 37.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZIJIN MINH stock. Still, in general, we apply an absolute valuation method to find ZIJIN MINH'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 MINH where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZIJIN MINH's related companies.
| Open | High | Low | Close | Volume | |
| 40.20 | 40.20 | 40.00 | 40.20 | 1.00 | |
10/08/2024 | 38.40 | 38.40 | 37.60 | 37.60 | 500.00 |
| 35.60 | 36.00 | 35.60 | 36.00 | 1.00 |
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ZIJIN MINH Trading Date Momentum on October 8, 2024
| On October 09 2024 ZIJIN MINH UNSPADR20 was traded for 36.00 at the closing time. The maximum traded price for the trading interval was 36.00 and the lowest daily price was 35.60 . There was no trading activity during the period 1.0. Lack of trading volume on 9th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 4.26% . The trading date delta to the closing price today is 0.53% . |
ZIJIN MINH UNSPADR20 Fundamentals Correlations and Trends
By evaluating ZIJIN MINH'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 MINH'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 MINH Stock history
ZIJIN MINH 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 MINH UNSPADR20 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 MINH stock prices may prove useful in developing a viable investing in ZIJIN MINH
Zijin Mining Group Company Limited engages in prospecting, exploration, and mining mineral resources in Mainland China. Zijin Mining Group Company Limited was founded in 1986 and is headquartered in Longyan, the Peoples Republic of China. ZIJIN MINING operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange. It employs 36860 people.
ZIJIN MINH Stock Technical Analysis
ZIJIN MINH 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
ZIJIN MINH Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
ZIJIN MINH UNSPADR20 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 MINH November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how ZIJIN MINH 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 MINH shares will generate the highest return on investment. By undertsting and applying ZIJIN MINH stock market strength indicators, traders can identify ZIJIN MINH UNSPADR20 entry and exit signals to maximize returns
ZIJIN MINH Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZIJIN MINH'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.
| Risk Adjusted Performance | 0.0263 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0642 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for ZIJIN Stock analysis
When running ZIJIN MINH's price analysis, check to measure ZIJIN MINH'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 MINH is operating at the current time. Most of ZIJIN MINH's value examination focuses on studying past and present price action to predict the probability of ZIJIN MINH'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 MINH's price. Additionally, you may evaluate how the addition of ZIJIN MINH to your portfolios can decrease your overall portfolio volatility.
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