Xiamen Jihong (China) Price on December 17, 2024

002803 Stock   11.89  0.16  1.33%   
Below is the normalized historical share price chart for Xiamen Jihong Package extending back to July 12, 2016. 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 Xiamen Jihong stands at 11.89, as last reported on the 7th of January, with the highest price reaching 12.05 and the lowest price hitting 11.53 during the day.
200 Day MA
13.0745
50 Day MA
14.5808
Beta
1.184
 
Covid
If you're considering investing in Xiamen Stock, it is important to understand the factors that can impact its price. Xiamen Jihong Package shows Sharpe Ratio of -0.0054, which attests that the company had a -0.0054% return per unit of risk over the last 3 months. Xiamen Jihong Package exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xiamen Jihong's Downside Deviation of 3.83, mean deviation of 2.78, and Market Risk Adjusted Performance of 0.0422 to validate the risk estimate we provide.
  
At present, Xiamen Jihong'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 467.9 M, whereas Other Stockholder Equity is projected to grow to (14.8 M). . Xiamen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0054

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Estimated Market Risk

 3.35
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Xiamen Jihong 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 Xiamen Jihong by adding Xiamen Jihong to a well-diversified portfolio.
Price Book
2.0503
Enterprise Value Ebitda
20.1069
Price Sales
0.8129
Shares Float
208.3 M
Dividend Share
0.36

Xiamen Jihong Main Headline on 17th of December 2024

The Returns On Capital At Xiamen Jihong Technology Dont Inspire Confidence Simply Wall St

Xiamen Jihong Valuation on December 17, 2024

It is possible to determine the worth of Xiamen Jihong on a given historical date. On December 17, 2024 Xiamen was worth 15.38 at the beginning of the trading date compared to the closed value of 14.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xiamen Jihong stock. Still, in general, we apply an absolute valuation method to find Xiamen Jihong'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 Xiamen Jihong where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xiamen Jihong's related companies.
 Open High Low Close Volume
  15.71    15.77    15.07    15.25    14,615,321  
12/17/2024
  15.38    15.38    14.33    14.47    15,001,273  
  14.86    14.86    14.21    14.64    8,931,899  
Backtest Xiamen Jihong  |  Xiamen Jihong History  |  Xiamen Jihong Valuation   PreviousNext  
Open Value
15.38
14.47
Closing Value
25.42
Upside

Xiamen Jihong Trading Date Momentum on December 17, 2024

On December 18 2024 Xiamen Jihong Package was traded for  14.64  at the closing time. The highest price during the trading period was 14.86  and the lowest recorded bid was listed for  14.21 . The volume for the day was 8.9 M. This history from December 18, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.17% . The trading price change to the current price is 4.77% .

Xiamen Jihong Package Fundamentals Correlations and Trends

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

About Xiamen Jihong Stock history

Xiamen Jihong 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 Xiamen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xiamen Jihong Package 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 Xiamen Jihong stock prices may prove useful in developing a viable investing in Xiamen Jihong
Last ReportedProjected for Next Year
Common Stock Shares Outstanding442.8 M405.1 M
Net Income Applicable To Common Shares261.4 M233.5 M

Xiamen Jihong Quarterly Net Working Capital

1.04 Billion

Xiamen Jihong Stock Technical Analysis

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

Xiamen Jihong Period Price Range

Low
January 7, 2025
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Xiamen Jihong Package 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.

Xiamen Jihong January 7, 2025 Market Strength

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

Xiamen Jihong Technical and Predictive Indicators

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

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