Jiangxi Ganfeng (China) Price on April 20, 2023

002460 Stock   35.01  1.37  3.77%   
Below is the normalized historical share price chart for Jiangxi Ganfeng Lithium extending back to August 10, 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 Jiangxi Ganfeng stands at 35.01, as last reported on the 1st of January, with the highest price reaching 36.43 and the lowest price hitting 34.90 during the day.
IPO Date
10th of August 2010
200 Day MA
33.1606
50 Day MA
30.602
Beta
0.821
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Jiangxi Stock, it is important to understand the factors that can impact its price. Jiangxi Ganfeng Lithium holds Efficiency (Sharpe) Ratio of -0.017, which attests that the entity had a -0.017% return per unit of risk over the last 3 months. Jiangxi Ganfeng Lithium exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jiangxi Ganfeng's Downside Deviation of 3.44, risk adjusted performance of 0.0952, and Market Risk Adjusted Performance of (3.27) to validate the risk estimate we provide.
  
At present, Jiangxi Ganfeng'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 2.4 B, whereas Treasury Stock is projected to grow to (502.8 M). . Jiangxi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.017

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Estimated Market Risk

 3.71
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  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.
Price Book
1.6688
Enterprise Value Ebitda
21.7225
Price Sales
3.0277
Shares Float
1.4 B
Dividend Share
0.8

Jiangxi Ganfeng Valuation on April 20, 2023

It is possible to determine the worth of Jiangxi Ganfeng on a given historical date. On April 20, 2023 Jiangxi was worth 66.42 at the beginning of the trading date compared to the closed value of 65.08. 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
  67.40    67.85    66.14    66.79    23,075,318  
04/20/2023
  66.42    66.52    64.56    65.08    23,305,247  
  64.89    66.18    63.70    63.80    20,076,318  
Backtest Jiangxi Ganfeng  |  Jiangxi Ganfeng History  |  Jiangxi Ganfeng Valuation   PreviousNext  
Open Value
66.42
65.08
Closing Value
77.56
Upside

Jiangxi Ganfeng Trading Date Momentum on April 20, 2023

On April 21 2023 Jiangxi Ganfeng Lithium was traded for  63.80  at the closing time. The highest price during the trading period was 66.18  and the lowest recorded bid was listed for  63.70 . The volume for the day was 20.1 M. This history from April 21, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.97% . The trading delta at closing time to the current price is 3.29% .

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
Last ReportedProjected for Next Year
Common Stock Shares OutstandingB1.7 B
Net Income Applicable To Common Shares23.5 B24.7 B

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 1, 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 1, 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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