Anhui Jinhe (China) Price on April 15, 2024
| 002597 Stock | 22.55 0.25 1.10% |
Below is the normalized historical share price chart for Anhui Jinhe Industrial extending back to July 07, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Anhui Jinhe stands at 22.55, as last reported on the 21st of December, with the highest price reaching 22.91 and the lowest price hitting 22.51 during the day.
If you're considering investing in Anhui Stock, it is important to understand the factors that can impact its price. At this point, Anhui Jinhe is not too volatile. Anhui Jinhe Industrial secures Sharpe Ratio (or Efficiency) of 0.0133, which signifies that the company had a 0.0133% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for Anhui Jinhe Industrial, which you can use to evaluate the volatility of the firm. Please confirm Anhui Jinhe's risk adjusted performance of 0.0055, and Mean Deviation of 1.79 to double-check if the risk estimate we provide is consistent with the expected return of 0.0346%.
At present, Anhui Jinhe's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 618.3 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 5.2 B. . Anhui Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of July 2011 | 200 Day MA 20.9406 | 50 Day MA 23.0916 | Beta 0.889 |
Anhui |
Sharpe Ratio = 0.0133
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 002597 |
Estimated Market Risk
| 2.6 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Anhui Jinhe is performing at about 1% 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 Anhui Jinhe by adding it to a well-diversified portfolio.
Price Book 1.7223 | Enterprise Value Ebitda 17.3989 | Price Sales 2.4434 | Shares Float 279.6 M | Dividend Share 0.2 |
Anhui Jinhe Valuation on April 15, 2024
It is possible to determine the worth of Anhui Jinhe on a given historical date. On April 15, 2024 Anhui was worth 21.34 at the beginning of the trading date compared to the closed value of 20.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Anhui Jinhe stock. Still, in general, we apply an absolute valuation method to find Anhui Jinhe'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 Anhui Jinhe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Anhui Jinhe's related companies.
| Open | High | Low | Close | Volume | |
| 20.73 | 22.25 | 20.51 | 21.62 | 29,584,421 | |
04/15/2024 | 21.34 | 22.01 | 20.57 | 20.95 | 15,209,600 |
| 20.50 | 21.31 | 20.45 | 20.69 | 9,034,595 |
| Backtest Anhui Jinhe | | | Anhui Jinhe History | | | Anhui Jinhe Valuation | Previous | Next |
Anhui Jinhe Trading Date Momentum on April 15, 2024
| On April 16 2024 Anhui Jinhe Industrial was traded for 20.69 at the closing time. The highest price during the trading period was 21.31 and the lowest recorded bid was listed for 20.45 . The volume for the day was 9 M. This history from April 16, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.24% . The overall trading delta to the current price is 0.72% . |
Anhui Jinhe Industrial Fundamentals Correlations and Trends
By evaluating Anhui Jinhe'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 Anhui Jinhe's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Anhui financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Anhui Jinhe Stock history
Anhui Jinhe 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 Anhui is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Anhui Jinhe Industrial 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 Anhui Jinhe stock prices may prove useful in developing a viable investing in Anhui Jinhe
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 570 M | 618.3 M | |
| Net Income Applicable To Common Shares | 1.9 B | 2 B |
Anhui Jinhe Quarterly Net Working Capital |
|
Anhui Jinhe Stock Technical Analysis
Anhui Jinhe 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
Anhui Jinhe Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Anhui Jinhe Industrial cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock 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.
Anhui Jinhe December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Anhui Jinhe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Anhui Jinhe shares will generate the highest return on investment. By undertsting and applying Anhui Jinhe stock market strength indicators, traders can identify Anhui Jinhe Industrial entry and exit signals to maximize returns
Anhui Jinhe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Anhui Jinhe's price direction in advance. Along with the technical and fundamental analysis of Anhui Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Anhui 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 | 0.0055 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.04) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Anhui Stock analysis
When running Anhui Jinhe's price analysis, check to measure Anhui Jinhe'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 Anhui Jinhe is operating at the current time. Most of Anhui Jinhe's value examination focuses on studying past and present price action to predict the probability of Anhui Jinhe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Anhui Jinhe's price. Additionally, you may evaluate how the addition of Anhui Jinhe to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |