Xinjiang Goldwind (China) Price on October 13, 2023

002202 Stock   10.78  0.15  1.41%   
Below is the normalized historical share price chart for Xinjiang Goldwind Science extending back to December 26, 2007. 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 Xinjiang Goldwind stands at 10.78, as last reported on the 20th of December, with the highest price reaching 10.94 and the lowest price hitting 10.68 during the day.
IPO Date
26th of December 2007
200 Day MA
8.0126
50 Day MA
9.5532
Beta
0.677
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Xinjiang Stock, it is important to understand the factors that can impact its price. Xinjiang Goldwind appears to be somewhat reliable, given 3 months investment horizon. Xinjiang Goldwind Science shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of risk over the last 3 months. By examining Xinjiang Goldwind's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Xinjiang Goldwind's Mean Deviation of 2.12, market risk adjusted performance of (4.36), and Downside Deviation of 2.2 to validate if our risk estimates are consistent with your expectations.
  
The current year's Total Stockholder Equity is expected to grow to about 39.5 B, whereas Common Stock is forecasted to decline to about 2.6 B. . Xinjiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1657

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Estimated Market Risk

 3.14
  actual daily
27
73% of assets are more volatile

Expected Return

 0.52
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Xinjiang Goldwind is performing at about 13% 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 Xinjiang Goldwind by adding it to a well-diversified portfolio.
Price Book
1.1887
Enterprise Value Ebitda
18.3716
Price Sales
0.7409
Shares Float
3.2 B
Dividend Share
0.1

Xinjiang Goldwind Valuation on October 13, 2023

It is possible to determine the worth of Xinjiang Goldwind on a given historical date. On October 13, 2023 Xinjiang was worth 9.14 at the beginning of the trading date compared to the closed value of 9.11. 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
  9.10    9.25    9.08    9.21    19,635,375  
10/13/2023
  9.14    9.16    9.04    9.11    12,037,024  
  9.11    9.20    9.04    9.07    11,615,582  
Backtest Xinjiang Goldwind  |  Xinjiang Goldwind History  |  Xinjiang Goldwind Valuation   PreviousNext  
Open Value
9.14
9.11
Closing Value
18.56
Upside

Xinjiang Goldwind Trading Date Momentum on October 13, 2023

On October 16 2023 Xinjiang Goldwind Science was traded for  9.07  at the closing time. The highest price during the trading period was 9.20  and the lowest recorded bid was listed for  9.04 . The volume for the day was 11.6 M. This history from October 16, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.44% . The trading price change to the current price is 3.07% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding4.9 B4.5 B
Net Income Applicable To Common Shares3.8 BB

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
December 20, 2024
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 December 20, 2024 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.
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