Zhejiang Juhua (China) Price on December 17, 2024

600160 Stock   24.15  0.15  0.62%   
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 24.15, as last reported on the 25th of December, with the highest price reaching 24.23 and the lowest price hitting 23.70 during the day.
IPO Date
1st of June 1998
200 Day MA
21.377
50 Day MA
21.7936
Beta
0.671
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 very steady, given 3 months investment horizon. Zhejiang Juhua shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zhejiang Juhua, which you can use to evaluate the volatility of the company. Please utilize Zhejiang Juhua's Mean Deviation of 2.17, downside deviation of 2.31, and Market Risk Adjusted Performance of 11.16 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.

Sharpe Ratio = 0.1509

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns600160
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.71
  actual daily
24
76% of assets are more volatile

Expected Return

 0.41
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Zhejiang Juhua is performing at about 11% 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
3.8208
Enterprise Value Ebitda
36.4728
Price Sales
2.8747
Shares Float
1.2 B
Wall Street Target Price
26.07

Zhejiang Juhua Main Headline on 17th of December 2024

GrandiT Co., Ltd.s market cap dropped CN783m last week Public companies bore the brunt Simply Wall St

Zhejiang Juhua Valuation on December 17, 2024

It is possible to determine the worth of Zhejiang Juhua on a given historical date. On December 17, 2024 Zhejiang was worth 21.67 at the beginning of the trading date compared to the closed value of 21.48. 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
  22.03    22.15    21.29    21.58    37,976,197  
12/17/2024
  21.67    21.84    21.23    21.48    18,085,961  
  21.90    22.48    21.45    21.75    18,816,038  
Backtest Zhejiang Juhua  |  Zhejiang Juhua History  |  Zhejiang Juhua Valuation   PreviousNext  
Open Value
21.67
21.48
Closing Value
29.81
Upside

Zhejiang Juhua Trading Date Momentum on December 17, 2024

On December 18 2024 Zhejiang Juhua Co was traded for  21.75  at the closing time. The highest price during the trading period was 22.48  and the lowest recorded bid was listed for  21.45 . The volume for the day was 18.8 M. This history from December 18, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.26% . The trading date delta to the current price is 11.73% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding2.4 B2.2 B
Net Income Applicable To Common Shares2.7 B2.9 B

Zhejiang Juhua Quarterly Net Working Capital

2.24 Billion

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.
A focus of Zhejiang Juhua technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Zhejiang Juhua trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Zhejiang Juhua Period Price Range

Low
December 25, 2024
0.00  NaN%
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 25, 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.

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.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Money Managers
Screen money managers from public funds and ETFs managed around the world