Fujian Rongji (China) Price on November 8, 2024
| 002474 Stock | 5.66 0.30 5.60% |
Below is the normalized historical share price chart for Fujian Rongji Software extending back to September 15, 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 Fujian Rongji stands at 5.66, as last reported on the 8th of January, with the highest price reaching 5.66 and the lowest price hitting 5.42 during the day.
If you're considering investing in Fujian Stock, it is important to understand the factors that can impact its price. At this point, Fujian Rongji is relatively risky. Fujian Rongji Software secures Sharpe Ratio (or Efficiency) of 0.0264, which denotes the company had a 0.0264% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Fujian Rongji Software, which you can use to evaluate the volatility of the firm. Please confirm Fujian Rongji's Mean Deviation of 3.7, coefficient of variation of 4157.99, and Downside Deviation of 5.13 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
The current year's Other Stockholder Equity is expected to grow to about 80.9 M, whereas Total Stockholder Equity is forecasted to decline to about 1.3 B. . Fujian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of September 2010 | 200 Day MA 5.3196 | 50 Day MA 6.7162 | Beta 0.636 |
Fujian |
Sharpe Ratio = 0.0264
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| Cash | Small Risk | Average Risk | 002474 | Huge Risk |
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Estimated Market Risk
| 4.62 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Fujian Rongji is performing at about 2% 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 Fujian Rongji by adding it to a well-diversified portfolio.
Price Book 2.2703 | Enterprise Value Ebitda 119.4856 | Price Sales 8.0466 | Shares Float 492.8 M | Wall Street Target Price 45.32 |
Fujian Rongji Valuation on November 8, 2024
It is possible to determine the worth of Fujian Rongji on a given historical date. On November 8, 2024 Fujian was worth 7.1 at the beginning of the trading date compared to the closed value of 6.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fujian Rongji stock. Still, in general, we apply an absolute valuation method to find Fujian Rongji'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 Fujian Rongji where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fujian Rongji's related companies.
| Open | High | Low | Close | Volume | |
| 6.30 | 7.01 | 6.25 | 7.01 | 114,766,748 | |
11/08/2024 | 7.10 | 7.29 | 6.81 | 6.82 | 124,542,493 |
| 6.77 | 7.50 | 6.77 | 7.50 | 94,491,509 |
| Backtest Fujian Rongji | | | Fujian Rongji History | | | Fujian Rongji Valuation | Previous | Next |
Fujian Rongji Trading Date Momentum on November 8, 2024
| On November 11 2024 Fujian Rongji Software was traded for 7.50 at the closing time. The highest price during the trading period was 7.50 and the lowest recorded bid was listed for 6.77 . The volume for the day was 94.5 M. This history from November 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 9.97% . The overall trading delta to the current price is 2.35% . |
Fujian Rongji Software Fundamentals Correlations and Trends
By evaluating Fujian Rongji'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 Fujian Rongji's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fujian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Fujian Rongji Stock history
Fujian Rongji 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 Fujian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fujian Rongji Software 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 Fujian Rongji stock prices may prove useful in developing a viable investing in Fujian Rongji
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 560 M | 497.8 M | |
| Net Income Applicable To Common Shares | 12 M | 11.4 M |
Fujian Rongji Quarterly Net Working Capital |
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Fujian Rongji Stock Technical Analysis
Fujian Rongji 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
Fujian Rongji Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Fujian Rongji Software 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.
Fujian Rongji January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Fujian Rongji stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fujian Rongji shares will generate the highest return on investment. By undertsting and applying Fujian Rongji stock market strength indicators, traders can identify Fujian Rongji Software entry and exit signals to maximize returns
Fujian Rongji Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Fujian Rongji's price direction in advance. Along with the technical and fundamental analysis of Fujian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fujian 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 | 0.0278 | |||
| Jensen Alpha | 0.0905 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0174 | |||
| Treynor Ratio | 0.1141 |
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| Volume Indicators |
Complementary Tools for Fujian Stock analysis
When running Fujian Rongji's price analysis, check to measure Fujian Rongji'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 Fujian Rongji is operating at the current time. Most of Fujian Rongji's value examination focuses on studying past and present price action to predict the probability of Fujian Rongji's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fujian Rongji's price. Additionally, you may evaluate how the addition of Fujian Rongji to your portfolios can decrease your overall portfolio volatility.
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