Zjk Industrial Co, Stock Price on October 7, 2024
| ZJK Stock | 5.92 0.86 12.68% |
If you're considering investing in ZJK Stock, it is important to understand the factors that can impact its price. As of today, the current price of ZJK Industrial stands at 5.92, as last reported on the 29th of November, with the highest price reaching 5.92 and the lowest price hitting 5.92 during the day. ZJK Industrial is very risky given 3 months investment horizon. ZJK Industrial Co, shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of standard deviation over the last 3 months. We are able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.16% are justified by taking the suggested risk. Use ZJK Industrial Co, Mean Deviation of 6.91, risk adjusted performance of 0.0996, and Downside Deviation of 8.08 to evaluate company specific risk that cannot be diversified away.
ZJK Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
ZJK |
Sharpe Ratio = 0.1166
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Estimated Market Risk
| 9.99 actual daily | 88 88% of assets are less volatile |
Expected Return
| 1.16 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average ZJK Industrial is performing at about 9% 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 ZJK Industrial by adding it to a well-diversified portfolio.
Price Book 19.1837 | Enterprise Value 414.7 M | Enterprise Value Ebitda 40.8304 | Price Sales 14.2995 | Market Capitalization 416.4 M |
ZJK Industrial Valuation on October 7, 2024
It is possible to determine the worth of ZJK Industrial on a given historical date. On October 7, 2024 ZJK was worth 4.8 at the beginning of the trading date compared to the closed value of 6.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ZJK Industrial stock. Still, in general, we apply an absolute valuation method to find ZJK Industrial'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 ZJK Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ZJK Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 4.81 | 5.19 | 4.77 | 5.00 | 30,800 | |
10/07/2024 | 4.80 | 6.80 | 4.78 | 6.80 | 823,900 |
| 4.70 | 5.25 | 4.53 | 4.92 | 368,400 |
| Backtest ZJK Industrial | | | ZJK Industrial History | | | ZJK Industrial Valuation | Previous | Next |
ZJK Industrial Trading Date Momentum on October 7, 2024
| On October 08 2024 ZJK Industrial Co, was traded for 4.92 at the closing time. Highest ZJK Industrial's price during the trading hours was 5.25 and the lowest price during the day was 4.53 . The net volume was 368.4 K. The overall trading history on the 8th of October contributed to the next trading period price depreciation. The trading date delta to the next next day price was 27.65% . The trading date delta to current price is 35.29% . |
ZJK Industrial Co, Fundamentals Correlations and Trends
By evaluating ZJK Industrial'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 ZJK Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ZJK financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ZJK Industrial Stock history
ZJK Industrial 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 ZJK is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ZJK Industrial Co, 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 ZJK Industrial stock prices may prove useful in developing a viable investing in ZJK Industrial
ZJK Industrial Stock Technical Analysis
ZJK Industrial 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
ZJK Industrial Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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ZJK Industrial November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how ZJK Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ZJK Industrial shares will generate the highest return on investment. By undertsting and applying ZJK Industrial stock market strength indicators, traders can identify ZJK Industrial Co, entry and exit signals to maximize returns
ZJK Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ZJK Industrial's price direction in advance. Along with the technical and fundamental analysis of ZJK Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ZJK 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 | 0.0996 | |||
| Jensen Alpha | 1.29 | |||
| Total Risk Alpha | (0.34) | |||
| Sortino Ratio | 0.132 | |||
| Treynor Ratio | (1.22) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in ZJK Industrial Co,. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Construction Materials 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 ZJK Industrial. If investors know ZJK 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 ZJK Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ZJK Industrial Co, is measured differently than its book value, which is the value of ZJK that is recorded on the company's balance sheet. Investors also form their own opinion of ZJK Industrial's value that differs from its market value or its book value, called intrinsic value, which is ZJK Industrial'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 ZJK Industrial's market value can be influenced by many factors that don't directly affect ZJK Industrial'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 ZJK Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if ZJK Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ZJK Industrial'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.