Anji Microelectronics (China) Price on August 29, 2023

688019 Stock   147.10  1.91  1.28%   
Below is the normalized historical share price chart for Anji Microelectronics Tech extending back to July 22, 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 Anji Microelectronics stands at 147.10, as last reported on the 14th of December 2024, with the highest price reaching 150.19 and the lowest price hitting 146.02 during the day.
200 Day MA
130.739
50 Day MA
149.4252
Beta
0.656
 
Covid
If you're considering investing in Anji Stock, it is important to understand the factors that can impact its price. Anji Microelectronics appears to be very steady, given 3 months investment horizon. Anji Microelectronics secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. By analyzing Anji Microelectronics' technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please makes use of Anji Microelectronics' Risk Adjusted Performance of 0.0957, downside deviation of 2.96, and Mean Deviation of 2.9 to double-check if our risk estimates are consistent with your expectations.
  
At present, Anji Microelectronics' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 3.1 M, whereas Common Stock is forecasted to decline to about 55.6 M. . Anji Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1398

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Estimated Market Risk

 4.77
  actual daily
42
58% of assets are more volatile

Expected Return

 0.67
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Anji Microelectronics is performing at about 11% 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 Anji Microelectronics by adding it to a well-diversified portfolio.
Price Book
7.4798
Enterprise Value Ebitda
36.4962
Price Sales
11.5062
Shares Float
89 M
Wall Street Target Price
157.81

Anji Microelectronics Valuation on August 29, 2023

It is possible to determine the worth of Anji Microelectronics on a given historical date. On August 29, 2023 Anji was worth 129.1 at the beginning of the trading date compared to the closed value of 138.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Anji Microelectronics stock. Still, in general, we apply an absolute valuation method to find Anji Microelectronics' 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 Anji Microelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Anji Microelectronics' related companies.
 Open High Low Close Volume
  141.00    142.00    127.97    129.10    1,350,836  
08/29/2023
  129.10    138.47    128.03    138.00    1,303,675  
  140.10    146.65    140.10    143.14    1,664,636  
Backtest Anji Microelectronics  |  Anji Microelectronics History  |  Anji Microelectronics Valuation   PreviousNext  
Open Value
129.1
114.79
Downside
138.0
Closing Value
143.41
Upside

Anji Microelectronics Trading Date Momentum on August 29, 2023

On August 30 2023 Anji Microelectronics Tech was traded for  143.14  at the closing time. The highest price during the trading period was 146.65  and the lowest recorded bid was listed for  140.10 . The volume for the day was 1.7 M. This history from August 30, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 3.72% . The overall trading delta to the current price is 14.57% .

Anji Microelectronics Fundamentals Correlations and Trends

By evaluating Anji Microelectronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Anji Microelectronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Anji financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Anji Microelectronics Stock history

Anji Microelectronics 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 Anji is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Anji Microelectronics 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 Anji Microelectronics stock prices may prove useful in developing a viable investing in Anji Microelectronics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding128.8 M69.6 M
Net Income Applicable To Common Shares346.7 M364 M

Anji Microelectronics Quarterly Net Working Capital

1.26 Billion

Anji Microelectronics Stock Technical Analysis

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

Anji Microelectronics Period Price Range

Low
December 14, 2024
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High

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Anji Microelectronics Tech 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.

Anji Microelectronics December 14, 2024 Market Strength

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

Anji Microelectronics Technical and Predictive Indicators

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

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