Zhangjiagang Elegant (China) Price on November 14, 2024
| 603221 Stock | 10.23 0.12 1.16% |
Below is the normalized historical share price chart for Zhangjiagang Elegant Home extending back to March 23, 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 Zhangjiagang Elegant stands at 10.23, as last reported on the 19th of December, with the highest price reaching 10.48 and the lowest price hitting 10.03 during the day.
If you're considering investing in Zhangjiagang Stock, it is important to understand the factors that can impact its price. Zhangjiagang Elegant appears to be somewhat reliable, given 3 months investment horizon. Zhangjiagang Elegant Home shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zhangjiagang Elegant Home, which you can use to evaluate the volatility of the company. Please utilize Zhangjiagang Elegant's Mean Deviation of 2.03, downside deviation of 3.19, and Market Risk Adjusted Performance of 5.0 to validate if our risk estimates are consistent with your expectations.
As of December 19, 2024, Total Stockholder Equity is expected to decline to about 1.1 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 235.7 M. Zhangjiagang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 9.3296 | 50 Day MA 9.8472 |
Zhangjiagang |
Sharpe Ratio = 0.1392
| Best Portfolio | Best Equity | |||
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| Small Returns | 603221 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.15 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Zhangjiagang Elegant is performing at about 10% 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 Zhangjiagang Elegant by adding it to a well-diversified portfolio.
Price Book 1.6394 | Enterprise Value 2.4 B | Enterprise Value Ebitda 16.065 | Price Sales 1.9302 | Market Capitalization 2.2 B |
Zhangjiagang Elegant Valuation on November 14, 2024
It is possible to determine the worth of Zhangjiagang Elegant on a given historical date. On November 14, 2024 Zhangjiagang was worth 9.88 at the beginning of the trading date compared to the closed value of 9.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhangjiagang Elegant stock. Still, in general, we apply an absolute valuation method to find Zhangjiagang Elegant'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 Zhangjiagang Elegant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhangjiagang Elegant's related companies.
| Open | High | Low | Close | Volume | |
| 9.86 | 9.98 | 9.65 | 9.92 | 4,134,300 | |
11/14/2024 | 9.88 | 10.13 | 9.74 | 9.75 | 7,057,900 |
| 9.69 | 9.83 | 9.41 | 9.41 | 5,518,300 |
| Backtest Zhangjiagang Elegant | | | Zhangjiagang Elegant History | | | Zhangjiagang Elegant Valuation | Previous | Next |
Zhangjiagang Elegant Trading Date Momentum on November 14, 2024
| On November 15 2024 Zhangjiagang Elegant Home was traded for 9.41 at the closing time. The highest price during the trading period was 9.83 and the lowest recorded bid was listed for 9.41 . The volume for the day was 5.5 M. This history from November 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.49% . The trading date delta to the current price is 3.59% . |
Zhangjiagang Elegant Home Fundamentals Correlations and Trends
By evaluating Zhangjiagang Elegant'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 Zhangjiagang Elegant's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhangjiagang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhangjiagang Elegant Stock history
Zhangjiagang Elegant 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 Zhangjiagang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhangjiagang Elegant Home 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 Zhangjiagang Elegant stock prices may prove useful in developing a viable investing in Zhangjiagang Elegant
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 276 M | 235.7 M |
Zhangjiagang Elegant Quarterly Net Working Capital |
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Zhangjiagang Elegant Stock Technical Analysis
Zhangjiagang Elegant 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
Zhangjiagang Elegant Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
Zhangjiagang Elegant Home 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.
Zhangjiagang Elegant December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhangjiagang Elegant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhangjiagang Elegant shares will generate the highest return on investment. By undertsting and applying Zhangjiagang Elegant stock market strength indicators, traders can identify Zhangjiagang Elegant Home entry and exit signals to maximize returns
Zhangjiagang Elegant Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhangjiagang Elegant's price direction in advance. Along with the technical and fundamental analysis of Zhangjiagang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhangjiagang 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 | 0.0961 | |||
| Jensen Alpha | 0.3276 | |||
| Total Risk Alpha | 0.2559 | |||
| Sortino Ratio | 0.0971 | |||
| Treynor Ratio | 4.99 |
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| Math Transform | ||
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| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhangjiagang Stock analysis
When running Zhangjiagang Elegant's price analysis, check to measure Zhangjiagang Elegant'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 Zhangjiagang Elegant is operating at the current time. Most of Zhangjiagang Elegant's value examination focuses on studying past and present price action to predict the probability of Zhangjiagang Elegant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhangjiagang Elegant's price. Additionally, you may evaluate how the addition of Zhangjiagang Elegant to your portfolios can decrease your overall portfolio volatility.
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