XinJiang GuoTong (China) Price on October 18, 2024

002205 Stock   9.25  0.04  0.43%   
Below is the normalized historical share price chart for XinJiang GuoTong Pipeline extending back to January 23, 2008. 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 GuoTong stands at 9.25, as last reported on the 4th of December, with the highest price reaching 9.52 and the lowest price hitting 9.17 during the day.
IPO Date
23rd of January 2008
200 Day MA
7.352
50 Day MA
7.975
Beta
(0.20)
 
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 GuoTong appears to be slightly risky, given 3 months investment horizon. XinJiang GuoTong Pipeline shows Sharpe Ratio of 0.21, which attests that the company had a 0.21% return per unit of risk over the last 3 months. By examining XinJiang GuoTong's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please utilize XinJiang GuoTong's Market Risk Adjusted Performance of (1.38), downside deviation of 3.44, and Mean Deviation of 2.54 to validate if our risk estimates are consistent with your expectations.
  
The current year's Total Stockholder Equity is expected to grow to about 730.6 M, whereas Common Stock is forecasted to decline to about 123.8 M. . XinJiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2065

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns002205
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.46
  actual daily
30
70% of assets are more volatile

Expected Return

 0.71
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average XinJiang GuoTong is performing at about 16% 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 GuoTong by adding it to a well-diversified portfolio.
Price Book
2.8744
Enterprise Value Ebitda
47.6731
Price Sales
3.4525
Shares Float
125.5 M
Wall Street Target Price
37.5

XinJiang GuoTong Valuation on October 18, 2024

It is possible to determine the worth of XinJiang GuoTong on a given historical date. On October 18, 2024 XinJiang was worth 7.95 at the beginning of the trading date compared to the closed value of 8.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of XinJiang GuoTong stock. Still, in general, we apply an absolute valuation method to find XinJiang GuoTong'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 GuoTong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against XinJiang GuoTong's related companies.
 Open High Low Close Volume
  8.88    8.99    8.14    8.19    21,562,383  
10/18/2024
  7.95    8.25    7.75    8.04    16,663,592  
  8.00    8.03    7.83    7.95    10,264,807  
Backtest XinJiang GuoTong  |  XinJiang GuoTong History  |  XinJiang GuoTong Valuation   PreviousNext  
Open Value
7.95
8.04
Closing Value
18.33
Upside

XinJiang GuoTong Trading Date Momentum on October 18, 2024

On October 21 2024 XinJiang GuoTong Pipeline was traded for  7.95  at the closing time. The highest price during the trading period was 8.03  and the lowest recorded bid was listed for  7.83 . The volume for the day was 10.3 M. This history from October 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.12% . The trading price change to the current price is 7.71% .

XinJiang GuoTong Pipeline Fundamentals Correlations and Trends

By evaluating XinJiang GuoTong'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 GuoTong'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 GuoTong Stock history

XinJiang GuoTong 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 GuoTong Pipeline 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 GuoTong stock prices may prove useful in developing a viable investing in XinJiang GuoTong
Last ReportedProjected for Next Year
Common Stock Shares Outstanding167.3 M148.7 M
Net Loss-92.3 M-87.7 M

XinJiang GuoTong Stock Technical Analysis

XinJiang GuoTong 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 GuoTong technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of XinJiang GuoTong 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 GuoTong Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

XinJiang GuoTong Pipeline 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 GuoTong December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how XinJiang GuoTong 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 GuoTong shares will generate the highest return on investment. By undertsting and applying XinJiang GuoTong stock market strength indicators, traders can identify XinJiang GuoTong Pipeline entry and exit signals to maximize returns

XinJiang GuoTong Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for XinJiang GuoTong'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 GuoTong's price analysis, check to measure XinJiang GuoTong'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 GuoTong is operating at the current time. Most of XinJiang GuoTong's value examination focuses on studying past and present price action to predict the probability of XinJiang GuoTong'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 GuoTong's price. Additionally, you may evaluate how the addition of XinJiang GuoTong to your portfolios can decrease your overall portfolio volatility.
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Equity Valuation
Check real value of public entities based on technical and fundamental data
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities