GEM (China) Price on February 20, 2024

002340 Stock   6.23  0.11  1.74%   
If you're considering investing in GEM Stock, it is important to understand the factors that can impact its price. As of today, the current price of GEM stands at 6.23, as last reported on the 4th of January, with the highest price reaching 6.44 and the lowest price hitting 6.21 during the day. GEM Co holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. GEM Co exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out GEM's Coefficient Of Variation of (775.14), risk adjusted performance of (0.1), and Market Risk Adjusted Performance of 7.75 to validate the risk estimate we provide.
  
GEM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.129

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Estimated Market Risk

 2.25
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average GEM 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 GEM by adding GEM to a well-diversified portfolio.

GEM Valuation on February 20, 2024

It is possible to determine the worth of GEM on a given historical date. On February 20, 2024 GEM was worth 5.02 at the beginning of the trading date compared to the closed value of 4.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GEM stock. Still, in general, we apply an absolute valuation method to find GEM'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 GEM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GEM's related companies.
 Open High Low Close Volume
  5.11    5.14    4.99    5.03    82,236,112  
02/20/2024
  5.02    5.03    4.92    4.96    50,130,894  
  4.92    5.08    4.86    4.96    72,617,829  
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Open Value
5.02
4.96
Closing Value
11.77
Upside

GEM Trading Date Momentum on February 20, 2024

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

GEM Co Fundamentals Correlations and Trends

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

About GEM Stock history

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

GEM Stock Technical Analysis

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

GEM Period Price Range

Low
January 4, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

GEM Co 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.

GEM January 4, 2025 Market Strength

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

GEM Technical and Predictive Indicators

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

When running GEM's price analysis, check to measure GEM'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 GEM is operating at the current time. Most of GEM's value examination focuses on studying past and present price action to predict the probability of GEM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GEM's price. Additionally, you may evaluate how the addition of GEM to your portfolios can decrease your overall portfolio volatility.
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