Ningbo Jintian (China) Price on December 4, 2024
| 601609 Stock | 7.17 0.46 6.86% |
Below is the normalized historical share price chart for Ningbo Jintian Copper extending back to April 22, 2020. 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 Ningbo Jintian stands at 7.17, as last reported on the 12th of December 2024, with the highest price reaching 7.38 and the lowest price hitting 6.62 during the day.
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. Ningbo Jintian appears to be slightly risky, given 3 months investment horizon. Ningbo Jintian Copper has Sharpe Ratio of 0.28, which conveys that the firm had a 0.28% return per unit of risk over the last 3 months. By analyzing Ningbo Jintian's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please exercise Ningbo Jintian's Risk Adjusted Performance of 0.1724, mean deviation of 1.77, and Downside Deviation of 2.65 to check out if our risk estimates are consistent with your expectations.
At present, Ningbo Jintian's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 1.5 B, whereas Common Stock is forecasted to decline to about 1.4 B. . Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 5.7464 | 50 Day MA 5.777 | Beta 0.547 |
Ningbo |
Sharpe Ratio = 0.2763
| Best Portfolio | Best Equity | |||
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| Small Returns | 601609 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.8 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 21 79% of assets perform better |
Based on monthly moving average Ningbo Jintian is performing at about 21% 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 Ningbo Jintian by adding it to a well-diversified portfolio.
Price Book 1.2819 | Book Value 5.799 | Enterprise Value 21.7 B | Enterprise Value Ebitda 21.2787 | Price Sales 0.0838 |
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Ningbo Jintian Valuation on December 4, 2024
It is possible to determine the worth of Ningbo Jintian on a given historical date. On December 4, 2024 Ningbo was worth 6.06 at the beginning of the trading date compared to the closed value of 5.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ningbo Jintian stock. Still, in general, we apply an absolute valuation method to find Ningbo Jintian'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 Ningbo Jintian where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ningbo Jintian's related companies.
| Open | High | Low | Close | Volume | |
| 6.06 | 6.09 | 5.98 | 6.05 | 11,246,176 | |
12/04/2024 | 6.06 | 6.08 | 5.96 | 5.98 | 10,897,500 |
| 5.95 | 6.02 | 5.92 | 6.00 | 8,709,600 |
| Backtest Ningbo Jintian | | | Ningbo Jintian History | | | Ningbo Jintian Valuation | Previous | Next |
Ningbo Jintian Trading Date Momentum on December 4, 2024
| On December 05 2024 Ningbo Jintian Copper was traded for 6.00 at the closing time. The highest price during the trading period was 6.02 and the lowest recorded bid was listed for 5.92 . The volume for the day was 8.7 M. This history from December 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.33% . The trading delta at closing time to the current price is 12.54% . |
Ningbo Jintian Copper Fundamentals Correlations and Trends
By evaluating Ningbo Jintian'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 Ningbo Jintian's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ningbo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ningbo Jintian Stock history
Ningbo Jintian 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 Ningbo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ningbo Jintian Copper 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 Ningbo Jintian stock prices may prove useful in developing a viable investing in Ningbo Jintian
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.5 B | 1.5 B | |
| Net Income Applicable To Common Shares | 483.3 M | 478.8 M |
Ningbo Jintian Quarterly Net Working Capital |
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Ningbo Jintian Stock Technical Analysis
Ningbo Jintian 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
Ningbo Jintian Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Ningbo Jintian Copper 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.
Ningbo Jintian December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Ningbo Jintian stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ningbo Jintian shares will generate the highest return on investment. By undertsting and applying Ningbo Jintian stock market strength indicators, traders can identify Ningbo Jintian Copper entry and exit signals to maximize returns
Ningbo Jintian Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ningbo Jintian's price direction in advance. Along with the technical and fundamental analysis of Ningbo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ningbo 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 | 0.1724 | |||
| Jensen Alpha | 0.6987 | |||
| Total Risk Alpha | 0.1824 | |||
| Sortino Ratio | 0.1896 | |||
| Treynor Ratio | (0.87) |
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
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| Volume Indicators |
Complementary Tools for Ningbo Stock analysis
When running Ningbo Jintian's price analysis, check to measure Ningbo Jintian'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 Ningbo Jintian is operating at the current time. Most of Ningbo Jintian's value examination focuses on studying past and present price action to predict the probability of Ningbo Jintian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ningbo Jintian's price. Additionally, you may evaluate how the addition of Ningbo Jintian to your portfolios can decrease your overall portfolio volatility.
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