JinkoSolar Holding (Germany) Price on March 4, 2024
| ZJS1 Stock | EUR 20.60 0.80 3.74% |
If you're considering investing in JinkoSolar Stock, it is important to understand the factors that can impact its price. As of today, the current price of JinkoSolar Holding stands at 20.60, as last reported on the 27th of November, with the highest price reaching 21.65 and the lowest price hitting 20.45 during the day. JinkoSolar Holding appears to be somewhat reliable, given 3 months investment horizon. JinkoSolar Holding holds Efficiency (Sharpe) Ratio of 0.0904, which attests that the entity had a 0.0904% 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 0.57% is justified by implied risk. Please utilize JinkoSolar Holding's Risk Adjusted Performance of 0.0775, market risk adjusted performance of (0.62), and Downside Deviation of 6.32 to validate if our risk estimates are consistent with your expectations.
JinkoSolar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JinkoSolar |
Sharpe Ratio = 0.0904
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ZJS1 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.29 actual daily | 56 56% of assets are less volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average JinkoSolar Holding is performing at about 7% 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.
JinkoSolar Holding Valuation on March 4, 2024
It is possible to determine the worth of JinkoSolar Holding on a given historical date. On March 4, 2024 JinkoSolar was worth 23.15 at the beginning of the trading date compared to the closed value of 22.36. 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 | |
| 22.69 | 23.60 | 22.69 | 23.01 | 16,892 | |
03/04/2024 | 23.15 | 23.15 | 22.18 | 22.36 | 34,906 |
| 22.14 | 22.82 | 21.91 | 22.64 | 19,312 |
| Backtest JinkoSolar Holding | | | JinkoSolar Holding History | | | JinkoSolar Holding Valuation | Previous | Next |
JinkoSolar Holding Trading Date Momentum on March 4, 2024
| On March 05 2024 JinkoSolar Holding Co was traded for 22.64 at the closing time. The maximum traded price for the trading interval was 22.82 and the lowest daily price was 21.91 . The daily volume was recorded at 19.3 K. The volume of trading on 5th of March 2024 played a part in the next trading day price rise. The trading date delta to the next closing price was 1.25% . The trading delta at closing time to the closing price today is 3.53% . |
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
JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products in the Peoples Republic of China and internationally. JinkoSolar Holding Co., Ltd. was founded in 2006 and is based in Shangrao, the Peoples Republic of China. JinkoSolar Holding operates under Solar classification in Germany and traded on Frankfurt Stock Exchange. It employs 12000 people.
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 | November 27, 2024
| High |
0.00 | 0.00 |
JinkoSolar Holding Co cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 November 27, 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 Co 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 | 0.0775 | |||
| Jensen Alpha | 0.6607 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 0.0688 | |||
| Treynor Ratio | (0.63) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary 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.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |