Xinya Electronic (China) Price on December 7, 2023
| 605277 Stock | 14.88 0.37 2.55% |
If you're considering investing in Xinya Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xinya Electronic stands at 14.88, as last reported on the 20th of December, with the highest price reaching 15.03 and the lowest price hitting 14.33 during the day. Xinya Electronic appears to be not too volatile, given 3 months investment horizon. Xinya Electronic shows Sharpe Ratio of 0.18, which attests that the company had a 0.18% return per unit of risk over the last 3 months. By examining Xinya Electronic's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please utilize Xinya Electronic's Market Risk Adjusted Performance of 10.34, mean deviation of 2.05, and Downside Deviation of 2.91 to validate if our risk estimates are consistent with your expectations.
As of December 20, 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 293.3 M. Xinya Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Xinya |
Sharpe Ratio = 0.1776
| Best Portfolio | Best Equity | |||
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| Small Returns | 605277 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.88 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Xinya Electronic is performing at about 13% 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 Xinya Electronic by adding it to a well-diversified portfolio.
Price Book 3.3388 | Enterprise Value Ebitda 30.377 | Price Sales 1.3956 | Shares Float 238.9 M | Dividend Share 0.167 |
Xinya Electronic Valuation on December 7, 2023
It is possible to determine the worth of Xinya Electronic on a given historical date. On December 7, 2023 Xinya was worth 12.33 at the beginning of the trading date compared to the closed value of 12.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xinya Electronic stock. Still, in general, we apply an absolute valuation method to find Xinya Electronic'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 Xinya Electronic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xinya Electronic's related companies.
| Open | High | Low | Close | Volume | |
| 12.33 | 12.69 | 12.31 | 12.37 | 5,807,692 | |
12/07/2023 | 12.33 | 12.67 | 12.25 | 12.53 | 5,653,884 |
| 12.54 | 13.21 | 12.54 | 12.72 | 10,633,438 |
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Xinya Electronic Trading Date Momentum on December 7, 2023
| On December 08 2023 Xinya Electronic Co was traded for 12.72 at the closing time. The highest price during the trading period was 13.21 and the lowest recorded bid was listed for 12.54 . The volume for the day was 10.6 M. This history from December 8, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.52% . The trading price change to the current price is 4.07% . |
Xinya Electronic Fundamentals Correlations and Trends
By evaluating Xinya Electronic'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 Xinya Electronic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xinya financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xinya Electronic Stock history
Xinya Electronic 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 Xinya is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xinya Electronic 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 Xinya Electronic stock prices may prove useful in developing a viable investing in Xinya Electronic
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 317.4 M | 293.3 M |
Xinya Electronic Quarterly Net Working Capital |
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Xinya Electronic Stock Technical Analysis
Xinya Electronic 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
Xinya Electronic Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Xinya Electronic 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.
Xinya Electronic December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Xinya Electronic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xinya Electronic shares will generate the highest return on investment. By undertsting and applying Xinya Electronic stock market strength indicators, traders can identify Xinya Electronic Co entry and exit signals to maximize returns
Xinya Electronic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xinya Electronic's price direction in advance. Along with the technical and fundamental analysis of Xinya Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xinya 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 | 0.1214 | |||
| Jensen Alpha | 0.3915 | |||
| Total Risk Alpha | 0.3099 | |||
| Sortino Ratio | 0.1267 | |||
| Treynor Ratio | 10.33 |
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| Volume Indicators |
Complementary Tools for Xinya Stock analysis
When running Xinya Electronic's price analysis, check to measure Xinya Electronic'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 Xinya Electronic is operating at the current time. Most of Xinya Electronic's value examination focuses on studying past and present price action to predict the probability of Xinya Electronic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinya Electronic's price. Additionally, you may evaluate how the addition of Xinya Electronic to your portfolios can decrease your overall portfolio volatility.
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