Jinkosolar Holding Stock Price on October 16, 2024
| JKS Stock | USD 22.19 0.39 1.73% |
Below is the normalized historical share price chart for JinkoSolar Holding extending back to May 14, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of JinkoSolar Holding stands at 22.19, as last reported on the 1st of December, with the highest price reaching 23.29 and the lowest price hitting 21.93 during the day.
If you're considering investing in JinkoSolar Stock, it is important to understand the factors that can impact its price. JinkoSolar Holding appears to be not too volatile, given 3 months investment horizon. JinkoSolar Holding holds Efficiency (Sharpe) Ratio of 0.0831, which attests that the entity had a 0.0831% return per unit of risk over the last 3 months. By evaluating JinkoSolar Holding's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize JinkoSolar Holding's Downside Deviation of 6.48, market risk adjusted performance of (0.93), and Risk Adjusted Performance of 0.0773 to validate if our risk estimates are consistent with your expectations.
At this time, JinkoSolar Holding's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 142.6 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 35.7 M in 2024. . Price Earnings To Growth Ratio is likely to gain to 0.01 in 2024, whereas Price To Sales Ratio is likely to drop 0.12 in 2024. JinkoSolar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of May 2010 | 200 Day MA 23.2247 | 50 Day MA 23.2736 | Beta 0.413 |
JinkoSolar |
Sharpe Ratio = 0.0831
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Estimated Market Risk
| 6.3 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average JinkoSolar Holding 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 JinkoSolar Holding by adding it to a well-diversified portfolio.
Price Book 0.3943 | Enterprise Value Ebitda 11.2317 | Price Sales 0.0107 | Shares Float 128.2 M | Wall Street Target Price 30.97 |
Related Headline
Maxeon Solar Headline on 16th of October 2024
Maxeon CEO Bill Mulligan to retire early next year by seekingalpha.com
Maxeon Solar Technologies announces CEO leadership transition as Bill Mulligan retires in January 2025, with George Guo stepping in as new CEO.
JinkoSolar Holding Valuation on October 16, 2024
It is possible to determine the worth of JinkoSolar Holding on a given historical date. On October 16, 2024 JinkoSolar was worth 21.84 at the beginning of the trading date compared to the closed value of 20.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JinkoSolar Holding stock. Still, in general, we apply an absolute valuation method to find JinkoSolar Holding'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 JinkoSolar Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JinkoSolar Holding's related companies.
| Open | High | Low | Close | Volume | |
| 22.50 | 22.64 | 21.38 | 21.38 | 1,940,393 | |
10/16/2024 | 21.84 | 21.94 | 20.78 | 20.94 | 1,796,308 |
| 20.70 | 20.70 | 19.62 | 19.87 | 2,141,680 |
| Backtest JinkoSolar Holding | | | JinkoSolar Holding History | | | JinkoSolar Holding Valuation | Previous | Next |
JinkoSolar Holding Trading Date Momentum on October 16, 2024
| On October 17 2024 JinkoSolar Holding was traded for 19.87 at the closing time. Highest JinkoSolar Holding's price during the trading hours was 20.70 and the lowest price during the day was 19.62 . The net volume was 2.1 M. The overall trading history on the 17th of October 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 5.11% . The trading delta at closing time to current price is 14.37% . |
JinkoSolar Holding Fundamentals Correlations and Trends
By evaluating JinkoSolar Holding'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 JinkoSolar Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JinkoSolar financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JinkoSolar Holding Stock history
JinkoSolar Holding 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 JinkoSolar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JinkoSolar Holding 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 JinkoSolar Holding stock prices may prove useful in developing a viable investing in JinkoSolar Holding
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 56.5 M | 35.7 M | |
| Net Income Applicable To Common Shares | 764.9 M | 458.6 M |
JinkoSolar Holding Quarterly Net Working Capital |
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JinkoSolar Holding Stock Technical Analysis
JinkoSolar Holding 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
JinkoSolar Holding Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
JinkoSolar Holding cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
JinkoSolar Holding December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how JinkoSolar Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JinkoSolar Holding shares will generate the highest return on investment. By undertsting and applying JinkoSolar Holding stock market strength indicators, traders can identify JinkoSolar Holding entry and exit signals to maximize returns
JinkoSolar Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JinkoSolar Holding's price direction in advance. Along with the technical and fundamental analysis of JinkoSolar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JinkoSolar 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 | 0.0773 | |||
| Jensen Alpha | 0.6298 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | 0.0659 | |||
| Treynor Ratio | (0.94) |
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Additional Tools for JinkoSolar Stock Analysis
When running JinkoSolar Holding's price analysis, check to measure JinkoSolar Holding'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 JinkoSolar Holding is operating at the current time. Most of JinkoSolar Holding's value examination focuses on studying past and present price action to predict the probability of JinkoSolar Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JinkoSolar Holding's price. Additionally, you may evaluate how the addition of JinkoSolar Holding to your portfolios can decrease your overall portfolio volatility.