Xinyi Solar Holdings Stock Price on October 1, 2024
| XISHY Stock | USD 8.38 0.24 2.95% |
If you're considering investing in Xinyi Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Xinyi Solar stands at 8.38, as last reported on the 29th of November, with the highest price reaching 8.39 and the lowest price hitting 8.35 during the day. At this stage we consider Xinyi Pink Sheet to be moderately volatile. Xinyi Solar Holdings shows Sharpe Ratio of 0.0333, which attests that the company had a 0.0333% return per unit of risk over the last 3 months. We have found thirty technical indicators for Xinyi Solar Holdings, which you can use to evaluate the volatility of the company. Please check out Xinyi Solar's Market Risk Adjusted Performance of (0.50), mean deviation of 3.82, and Downside Deviation of 5.16 to validate if the risk estimate we provide is consistent with the expected return of 0.17%.
Xinyi Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Xinyi |
Sharpe Ratio = 0.0333
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Estimated Market Risk
| 5.23 actual daily | 46 54% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Xinyi Solar is performing at about 2% 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 Xinyi Solar by adding it to a well-diversified portfolio.
Xinyi Solar Valuation on October 1, 2024
It is possible to determine the worth of Xinyi Solar on a given historical date. On October 1, 2024 Xinyi was worth 10.63 at the beginning of the trading date compared to the closed value of 10.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xinyi Solar pink sheet. Still, in general, we apply an absolute valuation method to find Xinyi Solar'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 Xinyi Solar where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xinyi Solar's related companies.
| Open | High | Low | Close | Volume | |
| 10.74 | 10.74 | 10.50 | 10.57 | 3,200 | |
10/01/2024 | 10.63 | 10.81 | 10.58 | 10.79 | 20,889 |
| 11.30 | 11.87 | 11.30 | 11.86 | 1,200 |
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Xinyi Solar Trading Date Momentum on October 1, 2024
| On October 02 2024 Xinyi Solar Holdings was traded for 11.86 at the closing time. The highest daily price throughout the period was 11.87 and the lowest price was 11.30 . The daily volume was 1.2 K. The net trading volume on 10/02/2024 added to the next day price jump. The trading price change to closing price of the next trading day was 9.92% . The trading price change to current closing price is 13.53% . |
Xinyi Solar Holdings Fundamentals Correlations and Trends
By evaluating Xinyi Solar'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 Xinyi Solar's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xinyi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xinyi Solar Pink Sheet history
Xinyi Solar 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 Xinyi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xinyi Solar Holdings 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 Xinyi Solar stock prices may prove useful in developing a viable investing in Xinyi Solar
Xinyi Solar Holdings Limited, an investment holding company, produces and sells solar glass products in the Peoples Republic of China, rest of Asia, North America, Europe, and internationally. Xinyi Solar Holdings Limited was founded in 2008 and is headquartered in Wuhu, the Peoples Republic of China. Xinyi Solar operates under Solar classification in the United States and is traded on OTC Exchange. It employs 7492 people.
Xinyi Solar Pink Sheet Technical Analysis
Xinyi Solar technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Xinyi Solar Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Xinyi Solar Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Xinyi Solar November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Xinyi Solar pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xinyi Solar shares will generate the highest return on investment. By undertsting and applying Xinyi Solar pink sheet market strength indicators, traders can identify Xinyi Solar Holdings entry and exit signals to maximize returns
Xinyi Solar Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xinyi Solar's price direction in advance. Along with the technical and fundamental analysis of Xinyi Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xinyi 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 | 0.0379 | |||
| Jensen Alpha | 0.2319 | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | 0.0143 | |||
| Treynor Ratio | (0.51) |
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Additional Tools for Xinyi Pink Sheet Analysis
When running Xinyi Solar's price analysis, check to measure Xinyi Solar'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 Xinyi Solar is operating at the current time. Most of Xinyi Solar's value examination focuses on studying past and present price action to predict the probability of Xinyi Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinyi Solar's price. Additionally, you may evaluate how the addition of Xinyi Solar to your portfolios can decrease your overall portfolio volatility.