Zhejiang Yongjin (China) Price on April 13, 2023
| 603995 Stock | 19.30 0.07 0.36% |
Below is the normalized historical share price chart for Zhejiang Yongjin Metal extending back to December 24, 2019. 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 Zhejiang Yongjin stands at 19.30, as last reported on the 11th of December 2024, with the highest price reaching 19.73 and the lowest price hitting 19.27 during the day.
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. Zhejiang Yongjin appears to be not too volatile, given 3 months investment horizon. Zhejiang Yongjin Metal 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 Zhejiang Yongjin Metal, which you can use to evaluate the volatility of the company. Please utilize Zhejiang Yongjin's Market Risk Adjusted Performance of (5.99), mean deviation of 1.75, and Downside Deviation of 2.45 to validate if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 180.7 M, whereas Total Stockholder Equity is forecasted to decline to about 3.1 B. . Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 17.8871 | 50 Day MA 19.2386 | Beta 0.977 |
Zhejiang |
Sharpe Ratio = 0.139
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603995 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Zhejiang Yongjin 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 Zhejiang Yongjin by adding it to a well-diversified portfolio.
Price Book 1.2802 | Book Value 15.076 | Enterprise Value 9.6 B | Enterprise Value Ebitda 7.5592 | Price Sales 0.1646 |
Zhejiang Yongjin Valuation on April 13, 2023
It is possible to determine the worth of Zhejiang Yongjin on a given historical date. On April 13, 2023 Zhejiang was worth 27.77 at the beginning of the trading date compared to the closed value of 27.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Yongjin stock. Still, in general, we apply an absolute valuation method to find Zhejiang Yongjin'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 Zhejiang Yongjin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Yongjin's related companies.
| Open | High | Low | Close | Volume | |
| 28.20 | 28.86 | 27.36 | 27.36 | 1,974,725 | |
04/13/2023 | 27.77 | 28.25 | 27.23 | 27.23 | 1,885,185 |
| 27.90 | 29.05 | 27.81 | 27.97 | 2,599,919 |
| Backtest Zhejiang Yongjin | | | Zhejiang Yongjin History | | | Zhejiang Yongjin Valuation | Previous | Next |
Zhejiang Yongjin Trading Date Momentum on April 13, 2023
| On April 14 2023 Zhejiang Yongjin Metal was traded for 27.97 at the closing time. The highest price during the trading period was 29.05 and the lowest recorded bid was listed for 27.81 . The volume for the day was 2.6 M. This history from April 14, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 2.72% . The trading date delta to the current price is 2.61% . |
Zhejiang Yongjin Metal Fundamentals Correlations and Trends
By evaluating Zhejiang Yongjin'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 Zhejiang Yongjin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhejiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhejiang Yongjin Stock history
Zhejiang Yongjin 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 Zhejiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhejiang Yongjin Metal 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 Zhejiang Yongjin stock prices may prove useful in developing a viable investing in Zhejiang Yongjin
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 381.4 M | 309.3 M | |
| Net Income Applicable To Common Shares | 679.8 M | 490.7 M |
Zhejiang Yongjin Quarterly Net Working Capital |
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Zhejiang Yongjin Stock Technical Analysis
Zhejiang Yongjin 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
Zhejiang Yongjin Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Zhejiang Yongjin Metal 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.
Zhejiang Yongjin December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Yongjin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhejiang Yongjin shares will generate the highest return on investment. By undertsting and applying Zhejiang Yongjin stock market strength indicators, traders can identify Zhejiang Yongjin Metal entry and exit signals to maximize returns
Zhejiang Yongjin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Yongjin's price direction in advance. Along with the technical and fundamental analysis of Zhejiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhejiang 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 | 0.0882 | |||
| Jensen Alpha | 0.2856 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0677 | |||
| Treynor Ratio | (6.00) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Yongjin's price analysis, check to measure Zhejiang Yongjin'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 Zhejiang Yongjin is operating at the current time. Most of Zhejiang Yongjin's value examination focuses on studying past and present price action to predict the probability of Zhejiang Yongjin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Yongjin's price. Additionally, you may evaluate how the addition of Zhejiang Yongjin to your portfolios can decrease your overall portfolio volatility.
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