Jiangsu Broadcasting (China) Price on September 30, 2024
| 600959 Stock | 3.58 0.02 0.56% |
Below is the normalized historical share price chart for Jiangsu Broadcasting Cable extending back to April 28, 2015. 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 Jiangsu Broadcasting stands at 3.58, as last reported on the 1st of December, with the highest price reaching 3.61 and the lowest price hitting 3.53 during the day.
If you're considering investing in Jiangsu Stock, it is important to understand the factors that can impact its price. Jiangsu Broadcasting appears to be relatively risky, given 3 months investment horizon. Jiangsu Broadcasting holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jiangsu Broadcasting, which you can use to evaluate the volatility of the firm. Please utilize Jiangsu Broadcasting's Market Risk Adjusted Performance of (1.91), downside deviation of 2.61, and Risk Adjusted Performance of 0.1392 to validate if our risk estimates are consistent with your expectations.
As of December 1, 2024, Total Stockholder Equity is expected to decline to about 17.8 B. In addition to that, Common Stock is expected to decline to about 4.3 B. Jiangsu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.9907 | 50 Day MA 3.2678 | Beta 0.369 |
Jiangsu |
Sharpe Ratio = 0.1819
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600959 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.42 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Jiangsu Broadcasting 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 Jiangsu Broadcasting by adding it to a well-diversified portfolio.
Price Book 0.8 | Book Value 4.475 | Enterprise Value 13.8 B | Enterprise Value Ebitda 24.0366 | Price Sales 2.284 |
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Jiangsu Broadcasting Valuation on September 30, 2024
It is possible to determine the worth of Jiangsu Broadcasting on a given historical date. On September 30, 2024 Jiangsu was worth 3.15 at the beginning of the trading date compared to the closed value of 3.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiangsu Broadcasting stock. Still, in general, we apply an absolute valuation method to find Jiangsu Broadcasting'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 Jiangsu Broadcasting where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiangsu Broadcasting's related companies.
| Open | High | Low | Close | Volume | |
| 3.02 | 3.07 | 3.00 | 3.07 | 40,429,928 | |
09/30/2024 | 3.15 | 3.37 | 3.15 | 3.32 | 118,821,831 |
| 3.65 | 3.65 | 3.31 | 3.47 | 133,807,902 |
| Backtest Jiangsu Broadcasting | | | Jiangsu Broadcasting History | | | Jiangsu Broadcasting Valuation | Previous | Next |
Jiangsu Broadcasting Trading Date Momentum on September 30, 2024
| On October 08 2024 Jiangsu Broadcasting Cable was traded for 3.47 at the closing time. The highest price during the trading period was 3.65 and the lowest recorded bid was listed for 3.31 . The volume for the day was 133.8 M. This history from October 8, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.52% . The trading delta at closing time to the current price is 3.61% . |
Jiangsu Broadcasting Fundamentals Correlations and Trends
By evaluating Jiangsu Broadcasting'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 Jiangsu Broadcasting's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jiangsu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jiangsu Broadcasting Stock history
Jiangsu Broadcasting 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 Jiangsu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jiangsu Broadcasting 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 Jiangsu Broadcasting stock prices may prove useful in developing a viable investing in Jiangsu Broadcasting
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.8 B | 5.3 B | |
| Net Income Applicable To Common Shares | 294.2 M | 454.9 M |
Jiangsu Broadcasting Stock Technical Analysis
Jiangsu Broadcasting 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
Jiangsu Broadcasting Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Jiangsu Broadcasting Cable 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.
Jiangsu Broadcasting December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Jiangsu Broadcasting stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jiangsu Broadcasting shares will generate the highest return on investment. By undertsting and applying Jiangsu Broadcasting stock market strength indicators, traders can identify Jiangsu Broadcasting Cable entry and exit signals to maximize returns
Jiangsu Broadcasting Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jiangsu Broadcasting's price direction in advance. Along with the technical and fundamental analysis of Jiangsu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jiangsu 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 | 0.1392 | |||
| Jensen Alpha | 0.4151 | |||
| Total Risk Alpha | 0.0047 | |||
| Sortino Ratio | 0.1004 | |||
| Treynor Ratio | (1.92) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Jiangsu Stock analysis
When running Jiangsu Broadcasting's price analysis, check to measure Jiangsu Broadcasting'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 Jiangsu Broadcasting is operating at the current time. Most of Jiangsu Broadcasting's value examination focuses on studying past and present price action to predict the probability of Jiangsu Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jiangsu Broadcasting's price. Additionally, you may evaluate how the addition of Jiangsu Broadcasting to your portfolios can decrease your overall portfolio volatility.
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