GEM (China) Price on November 6, 2024
| 002340 Stock | 6.63 0.08 1.22% |
Below is the normalized historical share price chart for GEM Co extending back to January 22, 2010. 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 GEM stands at 6.63, as last reported on the 26th of December, with the highest price reaching 6.66 and the lowest price hitting 6.54 during the day.
If you're considering investing in GEM Stock, it is important to understand the factors that can impact its price. At this point, GEM is slightly risky. GEM Co holds Efficiency (Sharpe) Ratio of 0.014, which attests that the entity had a 0.014% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for GEM Co, which you can use to evaluate the volatility of the firm. Please check out GEM's Risk Adjusted Performance of 0.0899, semi deviation of 1.99, and Market Risk Adjusted Performance of (56.96) to validate if the risk estimate we provide is consistent with the expected return of 0.0379%.
At present, GEM's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 5.8 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 5 B. . GEM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of January 2010 | 200 Day MA 6.1156 | 50 Day MA 6.4858 | Beta 0.868 |
GEM |
Sharpe Ratio = 0.014
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 002340 |
Estimated Market Risk
| 2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average GEM is performing at about 1% 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 GEM by adding it to a well-diversified portfolio.
Price Book 1.7462 | Enterprise Value Ebitda 21.7504 | Price Sales 0.9663 | Shares Float 4.6 B | Dividend Share 0.08 |
Related Headline
Zijin Mining Headline on 6th of November 2024
Zijin Mining Expands with La Arena Acquisition - TipRanks by news.google.com
Zijin Mining Expands with La Arena Acquisition TipRanks
GEM Valuation on November 6, 2024
It is possible to determine the worth of GEM on a given historical date. On November 6, 2024 GEM was worth 7.35 at the beginning of the trading date compared to the closed value of 7.47. 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 | |
| 7.14 | 7.42 | 7.07 | 7.34 | 317,847,258 | |
11/06/2024 | 7.35 | 7.65 | 7.30 | 7.47 | 390,398,399 |
| 7.40 | 7.61 | 7.32 | 7.50 | 269,100,192 |
| Backtest GEM | | | GEM History | | | GEM Valuation | Previous | Next |
GEM Trading Date Momentum on November 6, 2024
| On November 07 2024 GEM Co was traded for 7.50 at the closing time. The highest price during the trading period was 7.61 and the lowest recorded bid was listed for 7.32 . The volume for the day was 269.1 M. This history from November 7, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.40% . The overall trading delta to the current price is 4.82% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.9 B | 5 B | |
| Net Income Applicable To Common Shares | 1.1 B | 1.1 B |
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.
Price Boundaries
GEM Period Price Range
Low | December 26, 2024
| 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 December 26, 2024 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.
| Risk Adjusted Performance | 0.0899 | |||
| Jensen Alpha | 0.2793 | |||
| Total Risk Alpha | 0.1578 | |||
| Sortino Ratio | 0.1071 | |||
| Treynor Ratio | (56.97) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |