Jiangxi Ganfeng (China) Price on February 22, 2024

002460 Stock   34.07  0.94  2.68%   
If you're considering investing in Jiangxi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jiangxi Ganfeng stands at 34.07, as last reported on the 2nd of January, with the highest price reaching 35.25 and the lowest price hitting 33.75 during the day. Jiangxi Ganfeng Lithium holds Efficiency (Sharpe) Ratio of -0.0285, which attests that the entity had a -0.0285% return per unit of risk over the last 3 months. Jiangxi Ganfeng Lithium exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jiangxi Ganfeng's Risk Adjusted Performance of (0.02), standard deviation of 3.7, and Market Risk Adjusted Performance of 31.24 to validate the risk estimate we provide.
  
Jiangxi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0285

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Estimated Market Risk

 3.7
  actual daily
32
68% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  actual daily
0
Most of other assets perform better
Based on monthly moving average Jiangxi Ganfeng 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 Jiangxi Ganfeng by adding Jiangxi Ganfeng to a well-diversified portfolio.

Jiangxi Ganfeng Valuation on February 22, 2024

It is possible to determine the worth of Jiangxi Ganfeng on a given historical date. On February 22, 2024 Jiangxi was worth 34.66 at the beginning of the trading date compared to the closed value of 35.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiangxi Ganfeng stock. Still, in general, we apply an absolute valuation method to find Jiangxi Ganfeng'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 Jiangxi Ganfeng where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiangxi Ganfeng's related companies.
 Open High Low Close Volume
  34.01    35.95    33.83    35.11    31,433,059  
02/22/2024
  34.66    35.25    34.56    35.06    16,995,992  
  35.13    35.71    34.85    35.49    21,242,234  
Backtest Jiangxi Ganfeng  |  Jiangxi Ganfeng History  |  Jiangxi Ganfeng Valuation   PreviousNext  
Open Value
34.66
35.06
Closing Value
45.75
Upside

Jiangxi Ganfeng Trading Date Momentum on February 22, 2024

On February 23 2024 Jiangxi Ganfeng Lithium was traded for  35.49  at the closing time. The highest price during the trading period was 35.71  and the lowest recorded bid was listed for  34.85 . The volume for the day was 21.2 M. This history from February 23, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.23% . The trading delta at closing time to the current price is 12.01% .

Jiangxi Ganfeng Lithium Fundamentals Correlations and Trends

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

About Jiangxi Ganfeng Stock history

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

Jiangxi Ganfeng Stock Technical Analysis

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

Jiangxi Ganfeng Period Price Range

Low
January 2, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Jiangxi Ganfeng Lithium 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.

Jiangxi Ganfeng January 2, 2025 Market Strength

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

Jiangxi Ganfeng Technical and Predictive Indicators

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

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