Zhejiang Yayi (China) Price on October 30, 2024
| 301113 Stock | 27.26 0.27 1.00% |
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zhejiang Yayi stands at 27.26, as last reported on the 12th of December 2024, with the highest price reaching 27.50 and the lowest price hitting 26.81 during the day. Zhejiang Yayi appears to be not too volatile, given 3 months investment horizon. Zhejiang Yayi Metal shows Sharpe Ratio of 0.19, which attests that the company had a 0.19% return per unit of risk over the last 3 months. By examining Zhejiang Yayi's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please utilize Zhejiang Yayi's Mean Deviation of 2.39, market risk adjusted performance of (10.86), and Downside Deviation of 3.65 to validate if our risk estimates are consistent with your expectations.
As of December 12, 2024, Total Stockholder Equity is expected to decline to about 539.3 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 69.3 M. Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zhejiang |
Sharpe Ratio = 0.1923
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 301113 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.9 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Zhejiang Yayi is performing at about 15% 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 Zhejiang Yayi by adding it to a well-diversified portfolio.
Price Book 2.5961 | Book Value 10.397 | Enterprise Value 1.7 B | Enterprise Value Ebitda 591.3011 | Price Sales 12.4615 |
Zhejiang Yayi Valuation on October 30, 2024
It is possible to determine the worth of Zhejiang Yayi on a given historical date. On October 30, 2024 Zhejiang was worth 25.09 at the beginning of the trading date compared to the closed value of 24.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Yayi stock. Still, in general, we apply an absolute valuation method to find Zhejiang Yayi'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 Zhejiang Yayi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Yayi's related companies.
| Open | High | Low | Close | Volume | |
| 25.09 | 25.80 | 24.41 | 24.72 | 872,800 | |
10/30/2024 | 25.09 | 25.25 | 24.40 | 24.75 | 840,106 |
| 24.76 | 25.30 | 24.27 | 24.77 | 569,700 |
| Backtest Zhejiang Yayi | | | Zhejiang Yayi History | | | Zhejiang Yayi Valuation | Previous | Next |
Zhejiang Yayi Trading Date Momentum on October 30, 2024
| On October 31 2024 Zhejiang Yayi Metal was traded for 24.77 at the closing time. The highest price during the trading period was 25.30 and the lowest recorded bid was listed for 24.27 . The volume for the day was 569.7 K. This history from October 31, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.08% . The trading date delta to the current price is 5.13% . |
Zhejiang Yayi Metal Fundamentals Correlations and Trends
By evaluating Zhejiang Yayi'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 Zhejiang Yayi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhejiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhejiang Yayi Stock history
Zhejiang Yayi 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 Zhejiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhejiang Yayi Metal 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 Zhejiang Yayi stock prices may prove useful in developing a viable investing in Zhejiang Yayi
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 80.5 M | 69.3 M |
Zhejiang Yayi Quarterly Net Working Capital |
|
Zhejiang Yayi Stock Technical Analysis
Zhejiang Yayi 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
Zhejiang Yayi Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Zhejiang Yayi Metal 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.
Zhejiang Yayi December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Yayi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhejiang Yayi shares will generate the highest return on investment. By undertsting and applying Zhejiang Yayi stock market strength indicators, traders can identify Zhejiang Yayi Metal entry and exit signals to maximize returns
Zhejiang Yayi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Yayi's price direction in advance. Along with the technical and fundamental analysis of Zhejiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhejiang 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 | 0.1187 | |||
| Jensen Alpha | 0.5625 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1211 | |||
| Treynor Ratio | (10.87) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Yayi's price analysis, check to measure Zhejiang Yayi'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 Zhejiang Yayi is operating at the current time. Most of Zhejiang Yayi's value examination focuses on studying past and present price action to predict the probability of Zhejiang Yayi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Yayi's price. Additionally, you may evaluate how the addition of Zhejiang Yayi to your portfolios can decrease your overall portfolio volatility.
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |