Juewei Food (China) Price on April 26, 2024

603517 Stock   19.92  0.74  3.86%   
Below is the normalized historical share price chart for Juewei Food Co extending back to March 17, 2017. 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 Juewei Food stands at 19.92, as last reported on the 2nd of December, with the highest price reaching 20.20 and the lowest price hitting 18.86 during the day.
200 Day MA
17.5342
50 Day MA
17.2158
Beta
0.228
 
Covid
If you're considering investing in Juewei Stock, it is important to understand the factors that can impact its price. Juewei Food appears to be not too volatile, given 3 months investment horizon. Juewei Food holds Efficiency (Sharpe) Ratio of 0.21, which attests that the entity had a 0.21% return per unit of risk over the last 3 months. By evaluating Juewei Food's technical indicators, you can evaluate if the expected return of 0.89% is justified by implied risk. Please utilize Juewei Food's Risk Adjusted Performance of 0.1521, market risk adjusted performance of 1.54, and Downside Deviation of 3.4 to validate if our risk estimates are consistent with your expectations.
  
At present, Juewei Food's Total 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 663 M, whereas Common Stock is forecasted to decline to about 411.2 M. . Juewei Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2062

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Estimated Market Risk

 4.3
  actual daily
38
62% of assets are more volatile

Expected Return

 0.89
  actual daily
17
83% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average Juewei Food is performing at about 16% 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 Juewei Food by adding it to a well-diversified portfolio.
Price Book
1.8487
Enterprise Value Ebitda
18.6916
Price Sales
1.9658
Shares Float
305.4 M
Wall Street Target Price
17.18

Juewei Food Main Headline on 26th of April 2024

B.C. food products recalled for possible Listeria contamination CityNews Toronto

Juewei Food Valuation on April 26, 2024

It is possible to determine the worth of Juewei Food on a given historical date. On April 26, 2024 Juewei was worth 18.75 at the beginning of the trading date compared to the closed value of 18.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Juewei Food stock. Still, in general, we apply an absolute valuation method to find Juewei Food'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 Juewei Food where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Juewei Food's related companies.
 Open High Low Close Volume
  18.66    18.97    18.52    18.83    6,527,411  
04/26/2024
  18.75    19.04    18.63    18.97    6,660,069  
  18.81    19.81    18.81    19.70    12,223,414  
Backtest Juewei Food  |  Juewei Food History  |  Juewei Food Valuation   PreviousNext  
Open Value
18.75
18.97
Closing Value
31.65
Upside

Juewei Food Trading Date Momentum on April 26, 2024

On April 29 2024 Juewei Food Co was traded for  19.70  at the closing time. The highest price during the trading period was 19.81  and the lowest recorded bid was listed for  18.81 . The volume for the day was 12.2 M. This history from April 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.85% . The trading delta at closing time to the current price is 8.33% .

Juewei Food Fundamentals Correlations and Trends

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

About Juewei Food Stock history

Juewei Food 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 Juewei is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Juewei Food 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 Juewei Food stock prices may prove useful in developing a viable investing in Juewei Food
Last ReportedProjected for Next Year
Common Stock Shares Outstanding631.2 M663 M
Net Income Applicable To Common Shares1.1 B676.8 M

Juewei Food Quarterly Net Working Capital

543.55 Million

Juewei Food Stock Technical Analysis

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

Juewei Food Period Price Range

Low
December 2, 2024
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High

 0.00 

     

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Juewei Food Co 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.

Juewei Food December 2, 2024 Market Strength

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

Juewei Food Technical and Predictive Indicators

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

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