Zhongjin Gold's market value is the price at which a share of Zhongjin Gold trades on a public exchange. It measures the collective expectations of Zhongjin Gold Corp investors about its performance. Zhongjin Gold is trading at 23.44 as of the 27th of December 2025, a 1.03 percent increase since the beginning of the trading day. The stock's open price was 23.2. With this module, you can estimate the performance of a buy and hold strategy of Zhongjin Gold Corp and determine expected loss or profit from investing in Zhongjin Gold over a given investment horizon. Check out Zhongjin Gold Correlation, Zhongjin Gold Volatility and Zhongjin Gold Alpha and Beta module to complement your research on Zhongjin Gold.
Please note, there is a significant difference between Zhongjin Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhongjin Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhongjin Gold'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.
Zhongjin Gold 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Zhongjin Gold's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Zhongjin Gold.
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11/27/2025
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In 30 days
12/27/2025
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If you would invest 0.00 in Zhongjin Gold on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding Zhongjin Gold Corp or generate 0.0% return on investment in Zhongjin Gold over 30 days. Zhongjin Gold is related to or competes with Zijin Mining, Wanhua Chemical, Shandong Gold, Baoshan Iron, Jiangxi Ganfeng, Inner Mongolia, and Rongsheng Petrochemical. Zhongjin Gold is entity of China. It is traded as Stock on SHG exchange. More
Zhongjin Gold Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Zhongjin Gold's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Zhongjin Gold Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Zhongjin Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zhongjin Gold's standard deviation. In reality, there are many statistical measures that can use Zhongjin Gold historical prices to predict the future Zhongjin Gold's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Zhongjin Gold. Your research has to be compared to or analyzed against Zhongjin Gold's peers to derive any actionable benefits. When done correctly, Zhongjin Gold's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Zhongjin Gold Corp.
Zhongjin Gold Corp Backtested Returns
Zhongjin Gold appears to be not too volatile, given 3 months investment horizon. Zhongjin Gold Corp shows Sharpe Ratio of 0.0706, which attests that the company had a 0.0706 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zhongjin Gold Corp, which you can use to evaluate the volatility of the company. Please utilize Zhongjin Gold's Mean Deviation of 2.47, downside deviation of 2.65, and Market Risk Adjusted Performance of 1.07 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zhongjin Gold holds a performance score of 5. The firm maintains a market beta of 0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Zhongjin Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Zhongjin Gold is expected to be smaller as well. Please check Zhongjin Gold's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Zhongjin Gold's historical returns will revert.
Auto-correlation
-0.39
Poor reverse predictability
Zhongjin Gold Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Zhongjin Gold time series from 27th of November 2025 to 12th of December 2025 and 12th of December 2025 to 27th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Zhongjin Gold Corp price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Zhongjin Gold price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.39
Spearman Rank Test
-0.72
Residual Average
0.0
Price Variance
0.42
Zhongjin Gold Corp lagged returns against current returns
Autocorrelation, which is Zhongjin Gold stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Zhongjin Gold's stock expected returns. We can calculate the autocorrelation of Zhongjin Gold returns to help us make a trade decision. For example, suppose you find that Zhongjin Gold has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
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Zhongjin Gold regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Zhongjin Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zhongjin Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zhongjin Gold stock over time.
Current vs Lagged Prices
Timeline
Zhongjin Gold Lagged Returns
When evaluating Zhongjin Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zhongjin Gold stock have on its future price. Zhongjin Gold autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Zhongjin Gold autocorrelation shows the relationship between Zhongjin Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Zhongjin Gold Corp.
Zhongjin Gold financial ratios help investors to determine whether Zhongjin Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zhongjin with respect to the benefits of owning Zhongjin Gold security.