Jin Medical International Stock Price on February 1, 2024
| ZJYL Stock | 0.91 0.07 7.14% |
If you're considering investing in JIN Stock, it is important to understand the factors that can impact its price. As of today, the current price of JIN MEDICAL stands at 0.91, as last reported on the 29th of November, with the highest price reaching 1.03 and the lowest price hitting 0.81 during the day. JIN MEDICAL INTERNATIONAL holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of volatility over the last 3 months. JIN MEDICAL INTERNATIONAL exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JIN MEDICAL's market risk adjusted performance of (0.72), and Risk Adjusted Performance of (0.09) to validate the risk estimate we provide.
At this time, JIN MEDICAL's Other Stockholder Equity is quite stable compared to the past year. Common Stock is expected to rise to 7,688 this year, although the value of Common Stock Shares Outstanding will most likely fall to about 6.9 M. . At this time, JIN MEDICAL's Price To Operating Cash Flows Ratio is quite stable compared to the past year. Price To Free Cash Flows Ratio is expected to rise to 2.68 this year, although the value of Price Earnings Ratio will most likely fall to 3.22. JIN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JIN |
Sharpe Ratio = -0.1322
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Estimated Market Risk
| 9.3 actual daily | 82 82% of assets are less volatile |
Expected Return
| -1.23 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 JIN MEDICAL 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 JIN MEDICAL by adding JIN MEDICAL to a well-diversified portfolio.
Price Book 5.8254 | Enterprise Value Ebitda 52.5391 | Price Sales 7.5966 | Shares Float 37.8 M | Earnings Share 0.02 |
JIN MEDICAL Valuation on February 1, 2024
It is possible to determine the worth of JIN MEDICAL on a given historical date. On February 1, 2024 JIN was worth 14.53 at the beginning of the trading date compared to the closed value of 11.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JIN MEDICAL stock. Still, in general, we apply an absolute valuation method to find JIN MEDICAL'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 JIN MEDICAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JIN MEDICAL's related companies.
| Open | High | Low | Close | Volume | |
| 9.91 | 15.25 | 9.91 | 13.21 | 804,000 | |
02/01/2024 | 14.53 | 14.53 | 11.21 | 11.97 | 794,000 |
| 11.97 | 13.85 | 11.97 | 13.10 | 194,000 |
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JIN MEDICAL Trading Date Momentum on February 1, 2024
| On February 02 2024 JIN MEDICAL INTERNATIONAL was traded for 13.10 at the closing time. The top price for the day was 13.85 and the lowest listed price was 11.97 . The trading volume for the day was 194 K. The trading history from February 2, 2024 was a factor to the next trading day price upswing. The trading date delta against the next closing price was 9.44% . The trading delta at closing time against the current closing price is 35.51% . |
JIN MEDICAL INTERNATIONAL Fundamentals Correlations and Trends
By evaluating JIN MEDICAL'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 JIN MEDICAL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JIN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JIN MEDICAL Stock history
JIN MEDICAL 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 JIN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JIN MEDICAL INTERNATIONAL 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 JIN MEDICAL stock prices may prove useful in developing a viable investing in JIN MEDICAL
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.3 M | 6.9 M | |
| Net Income Applicable To Common Shares | 2.4 M | 2.2 M |
JIN MEDICAL Quarterly Net Working Capital |
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JIN MEDICAL Stock Technical Analysis
JIN MEDICAL 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
JIN MEDICAL Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
JIN MEDICAL INTERNATIONAL 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.
JIN MEDICAL November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how JIN MEDICAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JIN MEDICAL shares will generate the highest return on investment. By undertsting and applying JIN MEDICAL stock market strength indicators, traders can identify JIN MEDICAL INTERNATIONAL entry and exit signals to maximize returns
JIN MEDICAL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JIN MEDICAL's price direction in advance. Along with the technical and fundamental analysis of JIN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JIN 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 | (0.09) | |||
| Jensen Alpha | (1.45) | |||
| Total Risk Alpha | (2.64) | |||
| Treynor Ratio | (0.73) |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in JIN MEDICAL INTERNATIONAL. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Health Care Equipment & Supplies 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 JIN MEDICAL. If investors know JIN 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 JIN MEDICAL 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 (0.12) | Earnings Share 0.02 | Revenue Per Share 0.129 | Quarterly Revenue Growth 0.03 | Return On Assets 0.0403 |
The market value of JIN MEDICAL INTERNATIONAL is measured differently than its book value, which is the value of JIN that is recorded on the company's balance sheet. Investors also form their own opinion of JIN MEDICAL's value that differs from its market value or its book value, called intrinsic value, which is JIN MEDICAL'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 JIN MEDICAL's market value can be influenced by many factors that don't directly affect JIN MEDICAL'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 JIN MEDICAL's value and its price as these two are different measures arrived at by different means. Investors typically determine if JIN MEDICAL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JIN MEDICAL'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.