Xiamen Jihong (China) Price on December 18, 2024
| 002803 Stock | 12.21 0.32 2.69% |
If you're considering investing in Xiamen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xiamen Jihong stands at 12.21, as last reported on the 8th of January, with the highest price reaching 12.23 and the lowest price hitting 11.87 during the day. At this point, Xiamen Jihong is somewhat reliable. Xiamen Jihong Package shows Sharpe Ratio of 0.0214, which attests that the company had a 0.0214% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Xiamen Jihong Package, which you can use to evaluate the volatility of the company. Please check out Xiamen Jihong's Mean Deviation of 2.51, market risk adjusted performance of (0.09), and Downside Deviation of 3.43 to validate if the risk estimate we provide is consistent with the expected return of 0.0716%.
Xiamen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Xiamen |
Sharpe Ratio = 0.0214
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | 002803 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.34 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Xiamen Jihong is performing at about 1% 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 Xiamen Jihong by adding it to a well-diversified portfolio.
Xiamen Jihong Valuation on December 18, 2024
It is possible to determine the worth of Xiamen Jihong on a given historical date. On December 18, 2024 Xiamen was worth 14.86 at the beginning of the trading date compared to the closed value of 14.64. 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 | |
| 15.38 | 15.38 | 14.33 | 14.47 | 15,001,273 | |
12/18/2024 | 14.86 | 14.86 | 14.21 | 14.64 | 8,931,899 |
| 14.88 | 14.88 | 14.22 | 14.87 | 8,740,180 |
| Backtest Xiamen Jihong | | | Xiamen Jihong History | | | Xiamen Jihong Valuation | Previous | Next |
Xiamen Jihong Trading Date Momentum on December 18, 2024
| On December 19 2024 Xiamen Jihong Package was traded for 14.87 at the closing time. The highest price during the trading period was 14.88 and the lowest recorded bid was listed for 14.22 . The volume for the day was 8.7 M. This history from December 19, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.57% . The trading price change to the current price is 7.65% . |
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
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.
Price Boundaries
Xiamen Jihong Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
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 8, 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.
| Risk Adjusted Performance | 0.0248 | |||
| Jensen Alpha | 0.0613 | |||
| Total Risk Alpha | 0.0639 | |||
| Sortino Ratio | 0.0181 | |||
| Treynor Ratio | (0.10) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |