Zhejiang Qianjiang (China) Price on May 4, 2024
| 000913 Stock | 18.61 0.06 0.32% |
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zhejiang Qianjiang stands at 18.61, as last reported on the 26th of February, with the highest price reaching 18.94 and the lowest price hitting 18.43 during the day. Zhejiang Qianjiang appears to be not too volatile, given 3 months investment horizon. Zhejiang Qianjiang shows Sharpe Ratio of 0.1, which attests that the company had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Zhejiang Qianjiang, which you can use to evaluate the volatility of the company. Please utilize Zhejiang Qianjiang's Market Risk Adjusted Performance of (0.36), downside deviation of 2.2, and Mean Deviation of 1.84 to validate if our risk estimates are consistent with your expectations.
Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Zhejiang |
Sharpe Ratio = 0.1031
| Best Portfolio | Best Equity | |||
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| Average Returns | ||||
| Small Returns | 000913 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.61 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Zhejiang Qianjiang is performing at about 8% 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 Zhejiang Qianjiang by adding it to a well-diversified portfolio.
Zhejiang Qianjiang Valuation on May 4, 2024
It is possible to determine the worth of Zhejiang Qianjiang on a given historical date. On May 4, 2024 Zhejiang was worth 17.02 at the beginning of the trading date compared to the closed value of 16.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhejiang Qianjiang stock. Still, in general, we apply an absolute valuation method to find Zhejiang Qianjiang'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 Zhejiang Qianjiang where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhejiang Qianjiang's related companies.
| Open | High | Low | Close | Volume | |
| 15.50 | 16.56 | 15.50 | 16.56 | 21,839,755 | |
04/30/2024 | 17.02 | 17.11 | 16.40 | 16.54 | 17,733,953 |
| 16.45 | 17.67 | 16.45 | 17.61 | 20,466,245 |
| Backtest Zhejiang Qianjiang | | | Zhejiang Qianjiang History | | | Zhejiang Qianjiang Valuation | Previous | Next |
Zhejiang Qianjiang Trading Date Momentum on May 4, 2024
| On May 06 2024 Zhejiang Qianjiang Motorcycle was traded for 17.61 at the closing time. The highest price during the trading period was 17.67 and the lowest recorded bid was listed for 16.45 . The volume for the day was 20.5 M. This history from May 6, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 6.47% . The trading date delta to the current price is 27.15% . |
Zhejiang Qianjiang Fundamentals Correlations and Trends
By evaluating Zhejiang Qianjiang'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 Zhejiang Qianjiang's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Zhejiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Zhejiang Qianjiang Stock history
Zhejiang Qianjiang 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 Zhejiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhejiang Qianjiang 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 Zhejiang Qianjiang stock prices may prove useful in developing a viable investing in Zhejiang Qianjiang
Zhejiang Qianjiang Stock Technical Analysis
Zhejiang Qianjiang 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
Zhejiang Qianjiang Period Price Range
Low | February 26, 2025
| High |
0.00 | 0.00 |
Zhejiang Qianjiang Motorcycle 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.
Zhejiang Qianjiang February 26, 2025 Market Strength
Market strength indicators help investors to evaluate how Zhejiang Qianjiang stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Zhejiang Qianjiang shares will generate the highest return on investment. By undertsting and applying Zhejiang Qianjiang stock market strength indicators, traders can identify Zhejiang Qianjiang Motorcycle entry and exit signals to maximize returns
Zhejiang Qianjiang Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Zhejiang Qianjiang's price direction in advance. Along with the technical and fundamental analysis of Zhejiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Zhejiang 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 | 0.083 | |||
| Jensen Alpha | 0.2549 | |||
| Total Risk Alpha | 0.2825 | |||
| Sortino Ratio | 0.121 | |||
| Treynor Ratio | (0.37) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Zhejiang Stock analysis
When running Zhejiang Qianjiang's price analysis, check to measure Zhejiang Qianjiang'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 Zhejiang Qianjiang is operating at the current time. Most of Zhejiang Qianjiang's value examination focuses on studying past and present price action to predict the probability of Zhejiang Qianjiang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zhejiang Qianjiang's price. Additionally, you may evaluate how the addition of Zhejiang Qianjiang to your portfolios can decrease your overall portfolio volatility.
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