Zhaojin Mining's market value is the price at which a share of Zhaojin Mining trades on a public exchange. It measures the collective expectations of Zhaojin Mining Industry investors about its performance. Zhaojin Mining is trading at 3.99 as of the 29th of December 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 3.99. With this module, you can estimate the performance of a buy and hold strategy of Zhaojin Mining Industry and determine expected loss or profit from investing in Zhaojin Mining over a given investment horizon. Check out Zhaojin Mining Correlation, Zhaojin Mining Volatility and Zhaojin Mining Alpha and Beta module to complement your research on Zhaojin Mining.
Please note, there is a significant difference between Zhaojin Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhaojin Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhaojin Mining'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.
Zhaojin Mining '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 Zhaojin Mining's pink sheet 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 Zhaojin Mining.
0.00
11/29/2025
No Change 0.00
0.0
In 30 days
12/29/2025
0.00
If you would invest 0.00 in Zhaojin Mining on November 29, 2025 and sell it all today you would earn a total of 0.00 from holding Zhaojin Mining Industry or generate 0.0% return on investment in Zhaojin Mining over 30 days. Zhaojin Mining is related to or competes with Evolution Mining, Lundin Gold, Anhui Conch, Harmony Gold, Ivanhoe Mines, Nippon Sanso, and CEMEX SAB. Zhaojin Mining Industry Company Limited, an investment holding company, engages in mining, processing, smelting, and sal... More
Zhaojin Mining 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 Zhaojin Mining's pink sheet 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 Zhaojin Mining Industry 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 Zhaojin Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Zhaojin Mining's standard deviation. In reality, there are many statistical measures that can use Zhaojin Mining historical prices to predict the future Zhaojin Mining's volatility.
Zhaojin Mining appears to be very risky, given 3 months investment horizon. Zhaojin Mining Industry shows Sharpe Ratio of 0.12, which attests that the company had a 0.12 % return per unit of risk over the last 3 months. By examining Zhaojin Mining's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please utilize Zhaojin Mining's Standard Deviation of 5.6, market risk adjusted performance of (0.38), and Mean Deviation of 1.57 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Zhaojin Mining holds a performance score of 9. The firm maintains a market beta of -1.62, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Zhaojin Mining are expected to decrease by larger amounts. On the other hand, during market turmoil, Zhaojin Mining is expected to outperform it. Please check Zhaojin Mining's coefficient of variation, jensen alpha, as well as the relationship between the Jensen Alpha and rate of daily change , to make a quick decision on whether Zhaojin Mining's historical returns will revert.
Auto-correlation
-0.43
Modest reverse predictability
Zhaojin Mining Industry has modest reverse predictability. Overlapping area represents the amount of predictability between Zhaojin Mining time series from 29th of November 2025 to 14th of December 2025 and 14th of December 2025 to 29th 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 Zhaojin Mining Industry price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Zhaojin Mining price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.43
Spearman Rank Test
-0.27
Residual Average
0.0
Price Variance
0.03
Zhaojin Mining Industry lagged returns against current returns
Autocorrelation, which is Zhaojin Mining pink sheet'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 Zhaojin Mining's pink sheet expected returns. We can calculate the autocorrelation of Zhaojin Mining returns to help us make a trade decision. For example, suppose you find that Zhaojin Mining has exhibited high autocorrelation historically, and you observe that the pink sheet 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
Timeline
Zhaojin Mining 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 Zhaojin Mining pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Zhaojin Mining pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Zhaojin Mining pink sheet over time.
Current vs Lagged Prices
Timeline
Zhaojin Mining Lagged Returns
When evaluating Zhaojin Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Zhaojin Mining pink sheet have on its future price. Zhaojin Mining 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, Zhaojin Mining autocorrelation shows the relationship between Zhaojin Mining pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Zhaojin Mining Industry.
Other Information on Investing in Zhaojin Pink Sheet
Zhaojin Mining financial ratios help investors to determine whether Zhaojin Pink Sheet 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 Zhaojin with respect to the benefits of owning Zhaojin Mining security.