COFCO Joycome (Germany) Price on October 16, 2024
| 0M7 Stock | EUR 0.17 0.01 5.56% |
If you're considering investing in COFCO Stock, it is important to understand the factors that can impact its price. As of today, the current price of COFCO Joycome stands at 0.17, as last reported on the 21st of December, with the highest price reaching 0.17 and the lowest price hitting 0.17 during the day. COFCO Joycome appears to be out of control, given 3 months investment horizon. COFCO Joycome Foods secures Sharpe Ratio (or Efficiency) of 0.0951, which signifies that the company had a 0.0951% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for COFCO Joycome Foods, which you can use to evaluate the volatility of the firm. Please makes use of COFCO Joycome's Mean Deviation of 2.57, risk adjusted performance of 0.0827, and Downside Deviation of 7.22 to double-check if our risk estimates are consistent with your expectations.
COFCO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
COFCO |
Sharpe Ratio = 0.0951
| Best Portfolio | Best Equity | |||
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| Small Returns | 0M7 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.97 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average COFCO Joycome 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 COFCO Joycome by adding it to a well-diversified portfolio.
COFCO Joycome Valuation on October 16, 2024
It is possible to determine the worth of COFCO Joycome on a given historical date. On October 16, 2024 COFCO was worth 0.17 at the beginning of the trading date compared to the closed value of 0.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of COFCO Joycome stock. Still, in general, we apply an absolute valuation method to find COFCO Joycome'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 COFCO Joycome where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against COFCO Joycome's related companies.
| Open | High | Low | Close | Volume | |
| 0.17 | 0.17 | 0.17 | 0.17 | 1.00 | |
10/16/2024 | 0.17 | 0.17 | 0.17 | 0.17 | 1.00 |
| 0.16 | 0.16 | 0.16 | 0.16 | 1.00 |
| Backtest COFCO Joycome | | | COFCO Joycome History | | | COFCO Joycome Valuation | Previous | Next |
COFCO Joycome Trading Date Momentum on October 16, 2024
| On October 17 2024 COFCO Joycome Foods was traded for 0.16 at the closing time. The highest daily price throughout the period was 0.16 and the lowest price was 0.16 . There was no trading activity during the period 1.0. Lack of trading volume on 10/17/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 5.88% . The overall trading delta to current closing price is 5.88% . |
COFCO Joycome Foods Fundamentals Correlations and Trends
By evaluating COFCO Joycome'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 COFCO Joycome's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. COFCO financial account trend analysis is a perfect complement when working with valuation or volatility modules.About COFCO Joycome Stock history
COFCO Joycome 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 COFCO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in COFCO Joycome Foods 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 COFCO Joycome stock prices may prove useful in developing a viable investing in COFCO Joycome
COFCO Joycome Foods Limited, an investment holding company, primarily engages in the hog production and sales, and livestock slaughtering businesses in Mainland China. COFCO Joycome Foods Limited was founded in 2002 and is headquartered in Beijing, the Peoples Republic of China. COFCO JOY is traded on Frankfurt Stock Exchange in Germany.
COFCO Joycome Stock Technical Analysis
COFCO Joycome 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
COFCO Joycome Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
COFCO Joycome Foods 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.
COFCO Joycome December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how COFCO Joycome stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading COFCO Joycome shares will generate the highest return on investment. By undertsting and applying COFCO Joycome stock market strength indicators, traders can identify COFCO Joycome Foods entry and exit signals to maximize returns
COFCO Joycome Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for COFCO Joycome's price direction in advance. Along with the technical and fundamental analysis of COFCO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of COFCO 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 | 0.0827 | |||
| Jensen Alpha | 0.3632 | |||
| Total Risk Alpha | 0.2513 | |||
| Sortino Ratio | 0.047 | |||
| Treynor Ratio | (5.08) |
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Complementary Tools for COFCO Stock analysis
When running COFCO Joycome's price analysis, check to measure COFCO Joycome'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 COFCO Joycome is operating at the current time. Most of COFCO Joycome's value examination focuses on studying past and present price action to predict the probability of COFCO Joycome's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COFCO Joycome's price. Additionally, you may evaluate how the addition of COFCO Joycome to your portfolios can decrease your overall portfolio volatility.
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