Guangdong Jinming (China) Price on September 19, 2024
| 300281 Stock | 6.66 0.10 1.52% |
Below is the normalized historical share price chart for Guangdong Jinming Machinery extending back to December 29, 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 Guangdong Jinming stands at 6.66, as last reported on the 29th of November, with the highest price reaching 6.77 and the lowest price hitting 6.50 during the day.
If you're considering investing in Guangdong Stock, it is important to understand the factors that can impact its price. Guangdong Jinming appears to be relatively risky, given 3 months investment horizon. Guangdong Jinming holds Efficiency (Sharpe) Ratio of 0.17, which attests that the entity had a 0.17% return per unit of standard deviation over the last 3 months. By evaluating Guangdong Jinming's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please utilize Guangdong Jinming's market risk adjusted performance of (7.45), and Risk Adjusted Performance of 0.1149 to validate if our risk estimates are consistent with your expectations.
As of November 29, 2024, Total Stockholder Equity is expected to decline to about 880.3 M. In addition to that, Common Stock is expected to decline to about 241.7 M. Guangdong Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of December 2011 | 200 Day MA 4.861 | 50 Day MA 5.8232 | Beta 0.274 |
Guangdong |
Sharpe Ratio = 0.1652
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300281 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.91 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Guangdong Jinming is performing at about 13% 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 Guangdong Jinming by adding it to a well-diversified portfolio.
Price Book 2.175 | Enterprise Value Ebitda 390.9476 | Price Sales 5.749 | Shares Float 189.5 M | Dividend Share 0.02 |
Guangdong Jinming Valuation on September 19, 2024
It is possible to determine the worth of Guangdong Jinming on a given historical date. On September 19, 2024 Guangdong was worth 4.34 at the beginning of the trading date compared to the closed value of 4.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guangdong Jinming stock. Still, in general, we apply an absolute valuation method to find Guangdong Jinming'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 Guangdong Jinming where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guangdong Jinming's related companies.
| Open | High | Low | Close | Volume | |
| 4.38 | 4.39 | 4.21 | 4.31 | 10,192,900 | |
09/19/2024 | 4.34 | 4.45 | 4.30 | 4.43 | 9,463,500 |
| 4.42 | 4.43 | 4.35 | 4.37 | 8,772,800 |
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Guangdong Jinming Trading Date Momentum on September 19, 2024
| On September 20 2024 Guangdong Jinming Machinery was traded for 4.37 at the closing time. The highest price during the trading period was 4.43 and the lowest recorded bid was listed for 4.35 . The volume for the day was 8.8 M. This history from September 20, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.35% . The overall trading delta to the current price is 26.41% . |
Guangdong Jinming Fundamentals Correlations and Trends
By evaluating Guangdong Jinming'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 Guangdong Jinming's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guangdong financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guangdong Jinming Stock history
Guangdong Jinming 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 Guangdong is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guangdong Jinming 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 Guangdong Jinming stock prices may prove useful in developing a viable investing in Guangdong Jinming
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 377 M | 335.1 M | |
| Net Loss | -1.4 M | -1.4 M |
Guangdong Jinming Quarterly Net Working Capital |
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Guangdong Jinming Stock Technical Analysis
Guangdong Jinming 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
Guangdong Jinming Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Guangdong Jinming Machinery 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.
Guangdong Jinming November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Guangdong Jinming stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guangdong Jinming shares will generate the highest return on investment. By undertsting and applying Guangdong Jinming stock market strength indicators, traders can identify Guangdong Jinming Machinery entry and exit signals to maximize returns
Guangdong Jinming Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guangdong Jinming's price direction in advance. Along with the technical and fundamental analysis of Guangdong Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guangdong 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 | 0.1149 | |||
| Jensen Alpha | 0.6427 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.1106 | |||
| Treynor Ratio | (7.46) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Guangdong Stock analysis
When running Guangdong Jinming's price analysis, check to measure Guangdong Jinming'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 Guangdong Jinming is operating at the current time. Most of Guangdong Jinming's value examination focuses on studying past and present price action to predict the probability of Guangdong Jinming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guangdong Jinming's price. Additionally, you may evaluate how the addition of Guangdong Jinming to your portfolios can decrease your overall portfolio volatility.
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