Zhaojin Mining Industry Stock Price on April 30, 2024

ZHAOF Stock  USD 1.48  0.00  0.00%   
If you're considering investing in Zhaojin Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Zhaojin Mining stands at 1.48, as last reported on the 7th of February, with the highest price reaching 1.48 and the lowest price hitting 1.48 during the day. Zhaojin Mining Industry shows Sharpe Ratio of -0.13, which attests that the company had a -0.13 % return per unit of risk over the last 3 months. Zhaojin Mining Industry exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zhaojin Mining's Market Risk Adjusted Performance of 0.1829, mean deviation of 0.4312, and Standard Deviation of 1.68 to validate the risk estimate we provide.
  
Zhaojin Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1302

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Estimated Market Risk

 1.68
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.22
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Zhaojin 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 Zhaojin Mining by adding Zhaojin Mining to a well-diversified portfolio.

Zhaojin Mining Valuation on April 30, 2024

It is possible to determine the worth of Zhaojin Mining on a given historical date. On April 30, 2024 Zhaojin was worth 1.46 at the beginning of the trading date compared to the closed value of 1.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhaojin Mining pink sheet. Still, in general, we apply an absolute valuation method to find Zhaojin 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 Zhaojin Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhaojin Mining's related companies.
 Open High Low Close Volume
04/23/2024
  1.46    1.46    1.46    1.46    2,000  
  1.70    1.70    1.70    1.70    3,000  
Backtest Zhaojin Mining  |  Zhaojin Mining History  |  Zhaojin Mining Valuation Next  
Open Value
1.46
1.46
Closing Value
6.51
Upside

Zhaojin Mining Trading Date Momentum on April 30, 2024

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Zhaojin Mining Industry Fundamentals Correlations and Trends

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

About Zhaojin Mining Pink Sheet history

Zhaojin 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 Zhaojin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhaojin Mining Industry 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 Zhaojin Mining stock prices may prove useful in developing a viable investing in Zhaojin Mining
Zhaojin Mining Industry Company Limited, an investment holding company, engages in mining, processing, smelting, and sale of gold, silver, and copper products in the Peoples Republic of China. The company was incorporated in 2004 and is headquartered in Zhaoyuan, the Peoples Republic of China. ZHAOJIN MINING operates under Gold classification in the United States and is traded on PNK Exchange. It employs 6896 people.

Zhaojin Mining Pink Sheet Technical Analysis

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

Zhaojin Mining Period Price Range

Low
February 7, 2025
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High

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Zhaojin Mining Industry 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.

Zhaojin Mining February 7, 2025 Market Strength

Market strength indicators help investors to evaluate how Zhaojin Mining 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 Zhaojin Mining shares will generate the highest return on investment. By undertsting and applying Zhaojin Mining pink sheet market strength indicators, traders can identify Zhaojin Mining Industry entry and exit signals to maximize returns

Zhaojin Mining Technical and Predictive Indicators

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

When running Zhaojin Mining's price analysis, check to measure Zhaojin 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 Zhaojin Mining is operating at the current time. Most of Zhaojin Mining's value examination focuses on studying past and present price action to predict the probability of Zhaojin 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 Zhaojin Mining's price. Additionally, you may evaluate how the addition of Zhaojin Mining to your portfolios can decrease your overall portfolio volatility.
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