Zhangjiagang Elegant (China) Price on December 20, 2024
| 603221 Stock | 10.15 0.10 1.00% |
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 10.15, as last reported on the 22nd of December, with the highest price reaching 10.29 and the lowest price hitting 10.04 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 0.13, which attests that the company had a 0.13% return per unit of risk over the last 3 months. We have found thirty 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 2.06, market risk adjusted performance of 3.65, and Downside Deviation of 3.21 to validate if our risk estimates are consistent with your expectations.
As of December 22, 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 9.3567 | 50 Day MA 9.893 |
Zhangjiagang |
Sharpe Ratio = 0.1336
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603221 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.13 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 1.6077 | Enterprise Value 2.4 B | Enterprise Value Ebitda 15.7432 | Price Sales 1.8929 | Market Capitalization 2.2 B |
Related Headline
Postal Savings Headline on 20th of December 2024
Postal Savings Bank of China Approves Key Resolutions - TipR... by news.google.com
Postal Savings Bank of China Approves Key Resolutions TipRanks
Zhangjiagang Elegant Valuation on December 20, 2024
It is possible to determine the worth of Zhangjiagang Elegant on a given historical date. On December 20, 2024 Zhangjiagang was worth 10.06 at the beginning of the trading date compared to the closed value of 10.15. 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 | |
| 10.11 | 10.24 | 9.92 | 10.05 | 5,225,600 | |
12/20/2024 | 10.06 | 10.29 | 10.04 | 10.15 | 4,461,200 |
| 10.06 | 10.29 | 10.04 | 10.15 | 0.00 |
| Backtest Zhangjiagang Elegant | | | Zhangjiagang Elegant History | | | Zhangjiagang Elegant Valuation | Previous | Next |
Zhangjiagang Elegant Trading Date Momentum on December 20, 2024
| On December 22 2024 Zhangjiagang Elegant Home was traded for 10.15 at the closing time. The highest price during the trading period was 10.29 and the lowest recorded bid was listed for 10.04 . There was no trading activity during the period 0.0. Lack of trading volume on December 22, 2024 had no short-term effect on price fluctuation. The trading date delta to the current price is 0.89% . |
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 |
|
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 22, 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 22, 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 | 0.0944 | |||
| Jensen Alpha | 0.3225 | |||
| Total Risk Alpha | 0.2392 | |||
| Sortino Ratio | 0.0942 | |||
| Treynor Ratio | 3.64 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| 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.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |