Jilin Chemical (China) Price on January 9, 2024
| 000420 Stock | 3.37 0.13 3.71% |
If you're considering investing in Jilin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jilin Chemical stands at 3.37, as last reported on the 7th of January, with the highest price reaching 3.54 and the lowest price hitting 3.36 during the day. At this point, Jilin Chemical is unstable. Jilin Chemical Fibre holds Efficiency (Sharpe) Ratio of 0.0393, which attests that the entity had a 0.0393% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jilin Chemical Fibre, which you can use to evaluate the volatility of the firm. Please check out Jilin Chemical's Downside Deviation of 3.42, market risk adjusted performance of (0.27), and Risk Adjusted Performance of 0.0394 to validate if the risk estimate we provide is consistent with the expected return of 0.13%.
Jilin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jilin |
Sharpe Ratio = 0.0393
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | 000420 | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.37 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Jilin Chemical is performing at about 3% 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 Jilin Chemical by adding it to a well-diversified portfolio.
Jilin Chemical Valuation on January 9, 2024
It is possible to determine the worth of Jilin Chemical on a given historical date. On January 9, 2024 Jilin was worth 2.86 at the beginning of the trading date compared to the closed value of 2.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jilin Chemical stock. Still, in general, we apply an absolute valuation method to find Jilin Chemical'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 Jilin Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jilin Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 2.94 | 2.95 | 2.83 | 2.85 | 22,361,335 | |
01/09/2024 | 2.86 | 2.89 | 2.82 | 2.85 | 15,485,200 |
| 2.84 | 2.88 | 2.79 | 2.84 | 13,406,900 |
| Backtest Jilin Chemical | | | Jilin Chemical History | | | Jilin Chemical Valuation | Previous | Next |
Jilin Chemical Trading Date Momentum on January 9, 2024
| On January 10 2024 Jilin Chemical Fibre was traded for 2.84 at the closing time. The highest price during the trading period was 2.88 and the lowest recorded bid was listed for 2.79 . The volume for the day was 13.4 M. This history from January 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.35% . The trading delta at closing time to the current price is 2.11% . |
Jilin Chemical Fibre Fundamentals Correlations and Trends
By evaluating Jilin Chemical'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 Jilin Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jilin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jilin Chemical Stock history
Jilin Chemical 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 Jilin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jilin Chemical Fibre 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 Jilin Chemical stock prices may prove useful in developing a viable investing in Jilin Chemical
Jilin Chemical Stock Technical Analysis
Jilin Chemical 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
Jilin Chemical Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Jilin Chemical Fibre cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen 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.
Jilin Chemical January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Jilin Chemical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jilin Chemical shares will generate the highest return on investment. By undertsting and applying Jilin Chemical stock market strength indicators, traders can identify Jilin Chemical Fibre entry and exit signals to maximize returns
Jilin Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jilin Chemical's price direction in advance. Along with the technical and fundamental analysis of Jilin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jilin 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 | 0.0394 | |||
| Jensen Alpha | 0.1304 | |||
| Total Risk Alpha | 0.0473 | |||
| Sortino Ratio | 0.0305 | |||
| Treynor Ratio | (0.28) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Jilin Stock analysis
When running Jilin Chemical's price analysis, check to measure Jilin Chemical'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 Jilin Chemical is operating at the current time. Most of Jilin Chemical's value examination focuses on studying past and present price action to predict the probability of Jilin Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jilin Chemical's price. Additionally, you may evaluate how the addition of Jilin Chemical to your portfolios can decrease your overall portfolio volatility.
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |