Jiangxi Selon (China) Price on December 11, 2024

002748 Stock   7.77  0.21  2.63%   
Below is the normalized historical share price chart for Jiangxi Selon Industrial extending back to March 19, 2015. 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 Selon stands at 7.77, as last reported on the 16th of December 2024, with the highest price reaching 8.08 and the lowest price hitting 7.76 during the day.
200 Day MA
6.4611
50 Day MA
6.5798
Beta
0.175
 
Yuan Drop
 
Covid
If you're considering investing in Jiangxi Stock, it is important to understand the factors that can impact its price. Jiangxi Selon appears to be somewhat reliable, given 3 months investment horizon. Jiangxi Selon Industrial holds Efficiency (Sharpe) Ratio of 0.27, which attests that the entity had a 0.27% return per unit of risk over the last 3 months. By evaluating Jiangxi Selon's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Jiangxi Selon's Risk Adjusted Performance of 0.1567, downside deviation of 2.08, and Market Risk Adjusted Performance of 5.36 to validate if our risk estimates are consistent with your expectations.
  
As of December 16, 2024, Total Stockholder Equity is expected to decline to about 911.7 M. In addition to that, Liabilities And Stockholders Equity is expected to decline to about 1.4 B. Jiangxi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2678

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns002748
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.25
  actual daily
20
80% of assets are more volatile

Expected Return

 0.6
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.27
  actual daily
21
79% of assets perform better
Based on monthly moving average Jiangxi Selon is performing at about 21% 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 Jiangxi Selon by adding it to a well-diversified portfolio.
Price Book
1.3894
Enterprise Value Ebitda
27.6179
Price Sales
0.9575
Shares Float
104.4 M
Dividend Share
0.1

Jiangxi Selon Main Headline on 11th of December 2024

Jiangxi Selon Industrial Co., Ltd.s Stock Has Seen Strong Momentum Does That Call For Deeper Study Of Its Financial Prospects Simply Wall St

Jiangxi Selon Valuation on December 11, 2024

It is possible to determine the worth of Jiangxi Selon on a given historical date. On December 11, 2024 Jiangxi was worth 7.69 at the beginning of the trading date compared to the closed value of 7.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiangxi Selon stock. Still, in general, we apply an absolute valuation method to find Jiangxi Selon'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 Selon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiangxi Selon's related companies.
 Open High Low Close Volume
  7.61    7.77    7.53    7.67    5,404,040  
12/11/2024
  7.69    8.05    7.60    7.99    9,094,164  
  7.90    8.02    7.78    7.98    5,674,191  
Backtest Jiangxi Selon  |  Jiangxi Selon History  |  Jiangxi Selon Valuation   PreviousNext  
Open Value
7.69
7.99
Closing Value
14.44
Upside

Jiangxi Selon Trading Date Momentum on December 11, 2024

On December 12 2024 Jiangxi Selon Industrial was traded for  7.98  at the closing time. The highest price during the trading period was 8.02  and the lowest recorded bid was listed for  7.78 . The volume for the day was 5.7 M. This history from December 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.13% . The trading delta at closing time to the current price is 0.13% .

Jiangxi Selon Industrial Fundamentals Correlations and Trends

By evaluating Jiangxi Selon'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 Selon'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 Selon Stock history

Jiangxi Selon 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 Selon Industrial 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 Selon stock prices may prove useful in developing a viable investing in Jiangxi Selon
Last ReportedProjected for Next Year
Common Stock Shares Outstanding216 M192 M
Net Income Applicable To Common Shares162.1 M170.3 M

Jiangxi Selon Stock Technical Analysis

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

Low
December 16, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Jiangxi Selon Industrial 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 Selon December 16, 2024 Market Strength

Market strength indicators help investors to evaluate how Jiangxi Selon 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 Selon shares will generate the highest return on investment. By undertsting and applying Jiangxi Selon stock market strength indicators, traders can identify Jiangxi Selon Industrial entry and exit signals to maximize returns

Jiangxi Selon Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Jiangxi Selon'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 Selon's price analysis, check to measure Jiangxi Selon'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 Selon is operating at the current time. Most of Jiangxi Selon's value examination focuses on studying past and present price action to predict the probability of Jiangxi Selon'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 Selon's price. Additionally, you may evaluate how the addition of Jiangxi Selon to your portfolios can decrease your overall portfolio volatility.
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments