Xinjiang Goldwind (China) Price on March 21, 2024

002202 Stock   10.01  0.32  3.10%   
If you're considering investing in Xinjiang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xinjiang Goldwind stands at 10.01, as last reported on the 2nd of January, with the highest price reaching 10.39 and the lowest price hitting 9.91 during the day. Xinjiang Goldwind Science shows Sharpe Ratio of -0.0494, which attests that the company had a -0.0494% return per unit of risk over the last 3 months. Xinjiang Goldwind Science exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xinjiang Goldwind's Market Risk Adjusted Performance of (2.16), standard deviation of 2.51, and Mean Deviation of 1.85 to validate the risk estimate we provide.
  
Xinjiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0494

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns002202

Estimated Market Risk

 2.51
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.12
  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 Xinjiang Goldwind 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 Xinjiang Goldwind by adding Xinjiang Goldwind to a well-diversified portfolio.

Related Headline

UE Furniture Headline on 21st of March 2024

Fursys Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 Marketscreener.com

Xinjiang Goldwind Valuation on March 21, 2024

It is possible to determine the worth of Xinjiang Goldwind on a given historical date. On March 21, 2024 Xinjiang was worth 7.78 at the beginning of the trading date compared to the closed value of 7.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xinjiang Goldwind stock. Still, in general, we apply an absolute valuation method to find Xinjiang Goldwind'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 Xinjiang Goldwind where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xinjiang Goldwind's related companies.
 Open High Low Close Volume
  7.75    7.77    7.70    7.76    16,650,522  
03/21/2024
  7.78    7.79    7.66    7.72    23,435,791  
  7.68    7.71    7.51    7.54    22,115,602  
Backtest Xinjiang Goldwind  |  Xinjiang Goldwind History  |  Xinjiang Goldwind Valuation   PreviousNext  
Open Value
7.78
7.72
Closing Value
15.32
Upside

Xinjiang Goldwind Trading Date Momentum on March 21, 2024

On March 22 2024 Xinjiang Goldwind Science was traded for  7.54  at the closing time. The highest price during the trading period was 7.71  and the lowest recorded bid was listed for  7.51 . The volume for the day was 22.1 M. This history from March 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.33% . The trading price change to the current price is 3.24% .

Xinjiang Goldwind Science Fundamentals Correlations and Trends

By evaluating Xinjiang Goldwind'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 Xinjiang Goldwind's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xinjiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Xinjiang Goldwind Stock history

Xinjiang Goldwind 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 Xinjiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xinjiang Goldwind Science 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 Xinjiang Goldwind stock prices may prove useful in developing a viable investing in Xinjiang Goldwind

Xinjiang Goldwind Stock Technical Analysis

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

Xinjiang Goldwind Period Price Range

Low
January 2, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Xinjiang Goldwind Science 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.

Xinjiang Goldwind January 2, 2025 Market Strength

Market strength indicators help investors to evaluate how Xinjiang Goldwind stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xinjiang Goldwind shares will generate the highest return on investment. By undertsting and applying Xinjiang Goldwind stock market strength indicators, traders can identify Xinjiang Goldwind Science entry and exit signals to maximize returns

Xinjiang Goldwind Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Xinjiang Goldwind's price direction in advance. Along with the technical and fundamental analysis of Xinjiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xinjiang 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 Xinjiang Stock analysis

When running Xinjiang Goldwind's price analysis, check to measure Xinjiang Goldwind'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 Xinjiang Goldwind is operating at the current time. Most of Xinjiang Goldwind's value examination focuses on studying past and present price action to predict the probability of Xinjiang Goldwind's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinjiang Goldwind's price. Additionally, you may evaluate how the addition of Xinjiang Goldwind to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Technical Analysis
Check basic technical indicators and analysis based on most latest market data