J Long Group Limited Stock Price on October 28, 2024

JL Stock   0.29  0.04  16.00%   
If you're considering investing in J Long Stock, it is important to understand the factors that can impact its price. As of today, the current price of J Long stands at 0.29, as last reported on the 25th of November, with the highest price reaching 0.29 and the lowest price hitting 0.24 during the day. J Long Group holds Efficiency (Sharpe) Ratio of -0.0079, which attests that the company had a -0.0079% return per unit of volatility over the last 3 months. J Long Group exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out J Long's semi deviation of 8.44, and Market Risk Adjusted Performance of 0.3721 to validate the risk estimate we provide.
  
At this time, J Long's Issuance Of Capital Stock is quite stable compared to the past year. . The value of Price To Sales Ratio is estimated to slide to 7.62. The value of Price Earnings Ratio is estimated to slide to 35.25. J Long Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0079

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Estimated Market Risk

 12.25
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.1
  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 J Long 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 J Long by adding J Long to a well-diversified portfolio.
Price Book
0.7648
Enterprise Value Ebitda
4.7684
Price Sales
0.2742
Shares Float
10.3 M
Earnings Share
0.03

J Long Valuation on October 28, 2024

It is possible to determine the worth of J Long on a given historical date. On October 28, 2024 J Long was worth 0.42 at the beginning of the trading date compared to the closed value of 0.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of J Long stock. Still, in general, we apply an absolute valuation method to find J Long'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 J Long where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against J Long's related companies.
 Open High Low Close Volume
  0.41    0.42    0.38    0.42    313,226  
10/28/2024
  0.42    0.49    0.41    0.47    656,458  
  0.48    0.87    0.47    0.80    41,381,258  
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Open Value
0.42
0.47
Closing Value
37.18
Upside

J Long Trading Date Momentum on October 28, 2024

On October 29 2024 J Long Group Limited was traded for  0.80  at the closing time. The highest price during the trading period was 0.87  and the lowest recorded bid was listed for  0.47 . The volume for the day was 41.4 M. This history from October 29, 2024 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 70.21% . The trading delta at closing time to the current price is 10.64% .

J Long Group Fundamentals Correlations and Trends

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

About J Long Stock history

J Long 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 J Long is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in J Long 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 J Long stock prices may prove useful in developing a viable investing in J Long
Last ReportedProjected for Next Year
Common Stock Shares Outstanding30.2 M24.9 M

J Long Quarterly Net Working Capital

8.94 Million

J Long Stock Technical Analysis

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

J Long Period Price Range

Low
November 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

J Long Group Limited 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.

J Long November 25, 2024 Market Strength

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

J Long Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for J Long's price direction in advance. Along with the technical and fundamental analysis of J Long Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of J Long 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in J Long Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
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Is Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of J Long. If investors know J Long will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about J Long listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.58)
Earnings Share
0.03
Revenue Per Share
0.938
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0127
The market value of J Long Group is measured differently than its book value, which is the value of J Long that is recorded on the company's balance sheet. Investors also form their own opinion of J Long's value that differs from its market value or its book value, called intrinsic value, which is J Long's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because J Long's market value can be influenced by many factors that don't directly affect J Long's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between J Long's value and its price as these two are different measures arrived at by different means. Investors typically determine if J Long is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, J Long's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.