WuXi Xinje (China) Price on April 25, 2024

603416 Stock   41.90  1.25  3.08%   
Below is the normalized historical share price chart for WuXi Xinje Electric extending back to December 21, 2016. 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 WuXi Xinje stands at 41.90, as last reported on the 23rd of December, with the highest price reaching 42.38 and the lowest price hitting 40.22 during the day.
200 Day MA
31.7628
50 Day MA
37.4896
Beta
0.613
 
Covid
If you're considering investing in WuXi Stock, it is important to understand the factors that can impact its price. WuXi Xinje appears to be very steady, given 3 months investment horizon. WuXi Xinje Electric shows Sharpe Ratio of 0.19, which attests that the company had a 0.19% return per unit of risk over the last 3 months. By examining WuXi Xinje's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please utilize WuXi Xinje's Mean Deviation of 2.46, market risk adjusted performance of (29.32), and Downside Deviation of 2.91 to validate if our risk estimates are consistent with your expectations.
  
The current year's Total Stockholder Equity is expected to grow to about 2.2 B, whereas Common Stock is forecasted to decline to about 115.8 M. . WuXi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1929

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Estimated Market Risk

 3.23
  actual daily
28
72% of assets are more volatile

Expected Return

 0.62
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.19
  actual daily
15
85% of assets perform better
Based on monthly moving average WuXi Xinje is performing at about 15% 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 WuXi Xinje by adding it to a well-diversified portfolio.
Price Book
2.6263
Enterprise Value Ebitda
20.3528
Price Sales
3.4907
Shares Float
52.9 M
Wall Street Target Price
42.44

WuXi Xinje Valuation on April 25, 2024

It is possible to determine the worth of WuXi Xinje on a given historical date. On April 25, 2024 WuXi was worth 28.55 at the beginning of the trading date compared to the closed value of 29.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WuXi Xinje stock. Still, in general, we apply an absolute valuation method to find WuXi Xinje'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 WuXi Xinje where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WuXi Xinje's related companies.
 Open High Low Close Volume
  28.04    28.95    27.87    28.86    1,877,649  
04/25/2024
  28.55    29.19    28.42    29.16    1,580,800  
  28.83    29.72    28.80    29.35    1,889,718  
Backtest WuXi Xinje  |  WuXi Xinje History  |  WuXi Xinje Valuation   PreviousNext  
Open Value
28.55
29.16
Closing Value
38.24
Upside

WuXi Xinje Trading Date Momentum on April 25, 2024

On April 26 2024 WuXi Xinje Electric was traded for  29.35  at the closing time. The highest price during the trading period was 29.72  and the lowest recorded bid was listed for  28.80 . The volume for the day was 1.9 M. This history from April 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.65% . The trading price change to the current price is 2.19% .

WuXi Xinje Electric Fundamentals Correlations and Trends

By evaluating WuXi Xinje'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 WuXi Xinje's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WuXi financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About WuXi Xinje Stock history

WuXi Xinje 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 WuXi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WuXi Xinje Electric 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 WuXi Xinje stock prices may prove useful in developing a viable investing in WuXi Xinje
Last ReportedProjected for Next Year
Common Stock Shares Outstanding126.5 M112.4 M
Net Income Applicable To Common Shares255.4 M202.8 M

WuXi Xinje Quarterly Net Working Capital

1.48 Billion

WuXi Xinje Stock Technical Analysis

WuXi Xinje 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 WuXi Xinje technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WuXi Xinje 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

WuXi Xinje Period Price Range

Low
December 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

WuXi Xinje Electric 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.

WuXi Xinje December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how WuXi Xinje stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WuXi Xinje shares will generate the highest return on investment. By undertsting and applying WuXi Xinje stock market strength indicators, traders can identify WuXi Xinje Electric entry and exit signals to maximize returns

WuXi Xinje Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for WuXi Xinje's price direction in advance. Along with the technical and fundamental analysis of WuXi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WuXi 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 WuXi Stock analysis

When running WuXi Xinje's price analysis, check to measure WuXi Xinje'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 WuXi Xinje is operating at the current time. Most of WuXi Xinje's value examination focuses on studying past and present price action to predict the probability of WuXi Xinje's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WuXi Xinje's price. Additionally, you may evaluate how the addition of WuXi Xinje to your portfolios can decrease your overall portfolio volatility.
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