Zhejiang Juhua (China) Price on November 17, 2023
| 600160 Stock | 22.75 1.00 4.60% |
Below is the normalized historical share price chart for Zhejiang Juhua Co extending back to June 26, 1998. 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 Zhejiang Juhua stands at 22.75, as last reported on the 19th of December, with the highest price reaching 22.93 and the lowest price hitting 21.36 during the day.
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. Zhejiang Juhua appears to be not too volatile, given 3 months investment horizon. Zhejiang Juhua shows Sharpe Ratio of 0.18, which attests that the company had a 0.18% return per unit of risk over the last 3 months. By examining Zhejiang Juhua's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize Zhejiang Juhua's Market Risk Adjusted Performance of 5.33, downside deviation of 2.31, and Mean Deviation of 2.13 to validate if our risk estimates are consistent with your expectations.
At present, Zhejiang Juhua's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 3.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 2.2 B. . Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of June 1998 | 200 Day MA 21.3156 | 50 Day MA 21.544 | Beta 0.671 |
Zhejiang |
Sharpe Ratio = 0.1814
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600160 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Zhejiang Juhua is performing at about 14% 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 Juhua by adding it to a well-diversified portfolio.
Price Book 3.4411 | Enterprise Value Ebitda 33.0029 | Price Sales 2.6304 | Shares Float 1.2 B | Wall Street Target Price 26.07 |
Zhejiang Juhua Valuation on November 17, 2023
It is possible to determine the worth of Zhejiang Juhua on a given historical date. On November 17, 2023 Zhejiang was worth 15.03 at the beginning of the trading date compared to the closed value of 15.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Juhua stock. Still, in general, we apply an absolute valuation method to find Zhejiang Juhua'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 Juhua where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Juhua's related companies.
| Open | High | Low | Close | Volume | |
| 15.33 | 15.33 | 15.02 | 15.05 | 13,163,506 | |
11/17/2023 | 15.03 | 15.23 | 14.93 | 15.05 | 7,105,337 |
| 15.09 | 15.28 | 14.97 | 15.20 | 9,644,900 |
| Backtest Zhejiang Juhua | | | Zhejiang Juhua History | | | Zhejiang Juhua Valuation | Previous | Next |
Zhejiang Juhua Trading Date Momentum on November 17, 2023
| On November 20 2023 Zhejiang Juhua Co was traded for 15.20 at the closing time. The highest price during the trading period was 15.28 and the lowest recorded bid was listed for 14.97 . The volume for the day was 9.6 M. This history from November 20, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.00% . The trading date delta to the current price is 8.57% . |
Zhejiang Juhua Fundamentals Correlations and Trends
By evaluating Zhejiang Juhua'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 Juhua'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 Juhua Stock history
Zhejiang Juhua 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 Juhua 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 Juhua stock prices may prove useful in developing a viable investing in Zhejiang Juhua
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.4 B | 2.2 B | |
| Net Income Applicable To Common Shares | 2.7 B | 2.9 B |
Zhejiang Juhua Quarterly Net Working Capital |
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Zhejiang Juhua Stock Technical Analysis
Zhejiang Juhua 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 Juhua Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Zhejiang Juhua Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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 Juhua December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Juhua 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 Juhua shares will generate the highest return on investment. By undertsting and applying Zhejiang Juhua stock market strength indicators, traders can identify Zhejiang Juhua Co entry and exit signals to maximize returns
Zhejiang Juhua Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Juhua'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 | 0.1833 | |||
| Jensen Alpha | 0.624 | |||
| Total Risk Alpha | 0.5572 | |||
| Sortino Ratio | 0.2623 | |||
| Treynor Ratio | 5.32 |
| Cycle Indicators | ||
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| 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 Juhua's price analysis, check to measure Zhejiang Juhua'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 Juhua is operating at the current time. Most of Zhejiang Juhua's value examination focuses on studying past and present price action to predict the probability of Zhejiang Juhua'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 Juhua's price. Additionally, you may evaluate how the addition of Zhejiang Juhua to your portfolios can decrease your overall portfolio volatility.
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