Zhejiang Qianjiang (China) Price on December 17, 2024

000913 Stock   18.24  0.54  3.05%   
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 18.24, as last reported on the 4th of January, with the highest price reaching 18.62 and the lowest price hitting 17.72 during the day. Zhejiang Qianjiang shows Sharpe Ratio of -0.0454, which attests that the company had a -0.0454% return per unit of risk over the last 3 months. Zhejiang Qianjiang exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zhejiang Qianjiang's Standard Deviation of 2.84, mean deviation of 1.99, and Market Risk Adjusted Performance of (0.34) to validate the risk estimate we provide.
  
Zhejiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0454

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Estimated Market Risk

 2.84
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Zhejiang Qianjiang is not performing at its full potential. However, 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 Zhejiang Qianjiang to a well-diversified portfolio.

Zhejiang Qianjiang Valuation on December 17, 2024

It is possible to determine the worth of Zhejiang Qianjiang on a given historical date. On December 17, 2024 Zhejiang was worth 16.31 at the beginning of the trading date compared to the closed value of 17.17. 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
  16.75    16.81    16.26    16.35    5,719,466  
12/17/2024
  16.31    17.63    16.26    17.17    15,600,300  
  17.11    17.93    17.11    17.28    13,747,301  
Backtest Zhejiang Qianjiang  |  Zhejiang Qianjiang History  |  Zhejiang Qianjiang Valuation   PreviousNext  
Open Value
16.31
17.17
Closing Value
24.82
Upside

Zhejiang Qianjiang Trading Date Momentum on December 17, 2024

On December 18 2024 Zhejiang Qianjiang Motorcycle was traded for  17.28  at the closing time. The highest price during the trading period was 17.93  and the lowest recorded bid was listed for  17.11 . The volume for the day was 13.7 M. This history from December 18, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.64% . The trading date delta to the current price is 5.71% .

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.
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
January 4, 2025
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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 January 4, 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.

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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