Zhejiang Qianjiang (China) Price on July 1, 2024

000913 Stock   16.32  0.26  1.57%   
Below is the normalized historical share price chart for Zhejiang Qianjiang Motorcycle extending back to May 14, 1999. 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 Zhejiang Qianjiang stands at 16.32, as last reported on the 28th of November, with the highest price reaching 16.60 and the lowest price hitting 16.28 during the day.
IPO Date
11th of March 1999
200 Day MA
15.7725
50 Day MA
17.554
Beta
1.09
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Zhejiang Stock, it is important to understand the factors that can impact its price. At this point, Zhejiang Qianjiang is not too volatile. Zhejiang Qianjiang shows Sharpe Ratio of 0.0237, which attests that the company had a 0.0237% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Zhejiang Qianjiang, which you can use to evaluate the volatility of the company. Please check out Zhejiang Qianjiang's Market Risk Adjusted Performance of (0.84), downside deviation of 3.15, and Mean Deviation of 2.29 to validate if the risk estimate we provide is consistent with the expected return of 0.0751%.
  
The current year's Total Stockholder Equity is expected to grow to about 4.7 B, whereas Common Stock is forecasted to decline to about 480.7 M. . Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0237

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Estimated Market Risk

 3.17
  actual daily
28
72% of assets are more volatile

Expected Return

 0.08
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Zhejiang Qianjiang is performing at about 1% 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.
Price Book
1.9171
Enterprise Value Ebitda
5.3982
Price Sales
1.4582
Shares Float
64.9 M
Dividend Share
0.78

Zhejiang Qianjiang Main Headline on 1st of July 2024

Indian carmakers post SUV-led June sales growth amid heat waves Marketscreener.com

Zhejiang Qianjiang Valuation on July 1, 2024

It is possible to determine the worth of Zhejiang Qianjiang on a given historical date. On July 1, 2024 Zhejiang was worth 15.48 at the beginning of the trading date compared to the closed value of 15.71. 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
  15.32    15.74    15.25    15.42    8,593,013  
07/01/2024
  15.48    15.83    15.27    15.71    6,987,800  
  15.64    15.76    15.15    15.25    7,581,254  
Backtest Zhejiang Qianjiang  |  Zhejiang Qianjiang History  |  Zhejiang Qianjiang Valuation   PreviousNext  
Open Value
15.48
15.71
Closing Value
24.99
Upside

Zhejiang Qianjiang Trading Date Momentum on July 1, 2024

On July 02 2024 Zhejiang Qianjiang Motorcycle was traded for  15.25  at the closing time. The highest price during the trading period was 15.76  and the lowest recorded bid was listed for  15.15 . The volume for the day was 7.6 M. This history from July 2, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.93% . The trading date delta to the current price is 2.10% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding527.2 M512.9 M
Net Income Applicable To Common Shares480.3 M504.3 M

Zhejiang Qianjiang Quarterly Net Working Capital

3.86 Billion

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

Zhejiang Qianjiang Period Price Range

Low
November 28, 2024
0.00  NaN%
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 November 28, 2024 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.

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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