Renxin New (China) Price History

301395 Stock   12.27  0.38  3.20%   
If you're considering investing in Renxin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Renxin New stands at 12.27, as last reported on the 2nd of December, with the highest price reaching 12.30 and the lowest price hitting 11.84 during the day. Renxin New appears to be somewhat reliable, given 3 months investment horizon. Renxin New Material maintains Sharpe Ratio (i.e., Efficiency) of 0.14, which implies the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Renxin New's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please evaluate Renxin New's Coefficient Of Variation of 672.54, semi deviation of 3.0, and Risk Adjusted Performance of 0.1215 to confirm if our risk estimates are consistent with your expectations.
  
Renxin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1448

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Estimated Market Risk

 3.64
  actual daily
32
68% of assets are more volatile

Expected Return

 0.53
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Renxin New 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 Renxin New by adding it to a well-diversified portfolio.
Price Book
1.6081
Enterprise Value Ebitda
21.1159
Price Sales
1.2217
Shares Float
93.4 M
Dividend Share
0.714

Renxin New Stock Price History Chart

There are several ways to analyze Renxin Stock price data. The simplest method is using a basic Renxin candlestick price chart, which shows Renxin New price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 8, 202413.06
Lowest PriceSeptember 13, 20248.99

Renxin New December 2, 2024 Stock Price Synopsis

Various analyses of Renxin New's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Renxin Stock. It can be used to describe the percentage change in the price of Renxin New from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Renxin Stock.
Renxin New Price Rate Of Daily Change 1.03 
Renxin New Price Daily Balance Of Power 0.83 
Renxin New Price Action Indicator 0.39 

Renxin New December 2, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Renxin Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Renxin New intraday prices and daily technical indicators to check the level of noise trading in Renxin Stock and then apply it to test your longer-term investment strategies against Renxin.

Renxin Stock Price History Data

The price series of Renxin New for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 4.26 with a coefficient of variation of 12.39. The prices are distributed with arithmetic mean of 10.91. The median price for the last 90 days is 11.58. The company had 1.4:1 stock split on 21st of June 2024. Renxin New Material issued dividends on 2024-06-21.
OpenHighLowCloseVolume
12/02/2024
 12.27  12.30  11.84  12.27 
11/29/2024 12.27  12.30  11.84  12.27  3,662,654 
11/28/2024 11.81  12.02  11.81  11.89  1,328,200 
11/27/2024 11.70  11.85  11.30  11.84  1,807,920 
11/26/2024 11.94  12.03  11.70  11.73  1,427,895 
11/25/2024 11.80  11.95  11.66  11.95  1,977,671 
11/22/2024 12.27  12.28  11.60  11.63  2,347,528 
11/21/2024 12.22  12.34  12.07  12.26  1,754,730 
11/20/2024 12.03  12.26  11.99  12.21  1,893,219 
11/19/2024 11.72  12.06  11.71  12.03  2,516,531 
11/18/2024 12.22  12.41  11.71  11.77  2,625,714 
11/15/2024 12.22  12.40  11.99  11.99  2,322,360 
11/14/2024 12.55  12.71  12.18  12.21  2,115,977 
11/13/2024 12.54  12.69  12.33  12.65  2,329,472 
11/12/2024 12.70  12.86  12.46  12.54  3,655,183 
11/11/2024 12.34  12.67  12.34  12.65  3,784,876 
11/08/2024 12.89  12.98  12.31  12.38  4,732,821 
11/07/2024 12.10  12.52  12.02  12.45  3,389,713 
11/06/2024 12.10  12.20  11.94  12.12  3,019,937 
11/05/2024 12.10  12.13  11.75  12.13  3,146,438 
11/04/2024 11.55  11.99  11.55  11.89  1,807,820 
11/01/2024 11.89  12.16  11.56  11.56  3,611,584 
10/31/2024 11.89  12.32  11.80  12.13  4,334,219 
10/30/2024 11.74  11.95  11.56  11.74  2,177,538 
10/29/2024 12.02  12.10  11.58  11.63  2,707,483 
10/28/2024 12.00  12.09  11.78  12.02  2,394,213 
10/25/2024 11.40  11.82  11.40  11.80  2,914,568 
10/24/2024 11.59  11.60  11.41  11.43  1,630,180 
10/23/2024 11.80  11.88  11.52  11.60  2,701,500 
10/22/2024 11.62  11.78  11.55  11.73  2,018,033 
10/21/2024 11.52  11.80  11.40  11.61  2,969,451 
10/18/2024 11.21  11.57  11.20  11.49  2,938,999 
10/17/2024 11.38  11.50  11.20  11.21  1,686,126 
10/16/2024 11.33  11.47  11.22  11.30  1,585,328 
10/15/2024 11.56  11.65  11.32  11.33  2,089,828 
10/14/2024 11.31  11.60  11.21  11.58  2,846,760 
10/11/2024 11.09  12.37  11.00  11.44  4,432,865 
10/10/2024 11.65  12.84  11.30  12.38  6,436,183 
10/09/2024 12.50  12.78  11.59  11.60  5,795,596 
10/08/2024 14.10  14.18  12.18  13.06  9,852,915 
09/30/2024 11.09  12.30  10.70  11.97  9,089,035 
09/27/2024 10.38  10.82  10.18  10.69  5,757,624 
09/26/2024 10.12  10.24  9.95  10.24  4,610,501 
09/25/2024 10.07  10.65  9.90  10.18  6,745,183 
09/24/2024 9.20  10.48  9.08  9.98  5,347,087 
09/23/2024 9.04  9.14  9.00  9.08  888,004 
09/20/2024 9.20  9.24  9.06  9.07  689,920 
09/19/2024 9.20  9.28  9.07  9.20  1,133,772 
09/18/2024 9.08  9.18  8.99  9.10  1,094,472 
09/13/2024 9.23  9.29  8.99  8.99  917,494 
09/12/2024 9.23  9.38  9.18  9.20  761,678 
09/11/2024 9.23  9.37  9.17  9.22  846,834 
09/10/2024 9.23  9.45  9.06  9.29  1,190,740 
09/09/2024 9.22  9.34  9.11  9.25  777,148 
09/06/2024 9.54  9.54  9.20  9.24  1,058,221 
09/05/2024 9.45  9.49  9.37  9.45  956,752 
09/04/2024 9.31  9.46  9.28  9.38  1,144,814 
09/03/2024 9.55  9.59  9.31  9.39  1,693,080 
09/02/2024 9.37  9.60  9.30  9.55  2,761,819 
08/30/2024 9.15  9.50  9.13  9.38  2,045,570 
08/29/2024 8.95  9.15  8.93  9.13  1,042,302 

About Renxin New Stock history

Renxin New 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 Renxin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Renxin New Material 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 Renxin New stock prices may prove useful in developing a viable investing in Renxin New

Renxin New Stock Technical Analysis

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

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Renxin New Technical and Predictive Indicators

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

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