Jointo Energy (China) Price on November 7, 2024
| 000600 Stock | 5.82 0.12 2.02% |
Below is the normalized historical share price chart for Jointo Energy Investment extending back to September 23, 1996. 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 Jointo Energy stands at 5.82, as last reported on the 27th of December, with the highest price reaching 6.01 and the lowest price hitting 5.80 during the day.
If you're considering investing in Jointo Stock, it is important to understand the factors that can impact its price. At this point, Jointo Energy is slightly risky. Jointo Energy Investment holds Efficiency (Sharpe) Ratio of 0.0547, which attests that the entity had a 0.0547% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jointo Energy Investment, which you can use to evaluate the volatility of the firm. Please check out Jointo Energy's Downside Deviation of 2.58, risk adjusted performance of 0.14, and Market Risk Adjusted Performance of (2.17) to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
The current year's Other Stockholder Equity is expected to grow to about 2.8 M, whereas Total Stockholder Equity is forecasted to decline to about 5.9 B. . Jointo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of June 1996 | 200 Day MA 5.6667 | 50 Day MA 5.2958 | Beta 0.508 |
Jointo |
Sharpe Ratio = 0.0547
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| Cash | Small Risk | 000600 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.67 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Jointo Energy is performing at about 4% 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 Jointo Energy by adding it to a well-diversified portfolio.
Price Book 1.0502 | Enterprise Value Ebitda 24.5797 | Price Sales 0.491 | Shares Float 624.2 M | Dividend Share 0.08 |
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Jointo Energy Valuation on November 7, 2024
It is possible to determine the worth of Jointo Energy on a given historical date. On November 7, 2024 Jointo was worth 5.22 at the beginning of the trading date compared to the closed value of 5.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jointo Energy stock. Still, in general, we apply an absolute valuation method to find Jointo Energy'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 Jointo Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jointo Energy's related companies.
| Open | High | Low | Close | Volume | |
| 5.27 | 5.30 | 5.21 | 5.24 | 32,953,499 | |
11/07/2024 | 5.22 | 5.39 | 5.20 | 5.38 | 38,468,675 |
| 5.43 | 5.48 | 5.29 | 5.34 | 38,678,700 |
| Backtest Jointo Energy | | | Jointo Energy History | | | Jointo Energy Valuation | Previous | Next |
Jointo Energy Trading Date Momentum on November 7, 2024
| On November 08 2024 Jointo Energy Investment was traded for 5.34 at the closing time. The highest price during the trading period was 5.48 and the lowest recorded bid was listed for 5.29 . The volume for the day was 38.7 M. This history from November 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.74% . The trading delta at closing time to the current price is 4.09% . |
Jointo Energy Investment Fundamentals Correlations and Trends
By evaluating Jointo Energy'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 Jointo Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jointo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jointo Energy Stock history
Jointo Energy 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 Jointo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jointo Energy Investment 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 Jointo Energy stock prices may prove useful in developing a viable investing in Jointo Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.6 B | 1.4 B | |
| Net Loss | -2.5 B | -2.4 B |
Jointo Energy Stock Technical Analysis
Jointo Energy 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
Jointo Energy Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Jointo Energy Investment 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.
Jointo Energy December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Jointo Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jointo Energy shares will generate the highest return on investment. By undertsting and applying Jointo Energy stock market strength indicators, traders can identify Jointo Energy Investment entry and exit signals to maximize returns
Jointo Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jointo Energy's price direction in advance. Along with the technical and fundamental analysis of Jointo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jointo 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 | 0.14 | |||
| Jensen Alpha | 0.4776 | |||
| Total Risk Alpha | 0.3125 | |||
| Sortino Ratio | 0.1648 | |||
| Treynor Ratio | (2.18) |
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Complementary Tools for Jointo Stock analysis
When running Jointo Energy's price analysis, check to measure Jointo Energy'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 Jointo Energy is operating at the current time. Most of Jointo Energy's value examination focuses on studying past and present price action to predict the probability of Jointo Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jointo Energy's price. Additionally, you may evaluate how the addition of Jointo Energy to your portfolios can decrease your overall portfolio volatility.
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