Guangzhou Jointas (China) Price on April 25, 2024
| 002909 Stock | 5.08 0.01 0.20% |
Below is the normalized historical share price chart for Guangzhou Jointas Chemical extending back to October 26, 2017. 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 Guangzhou Jointas stands at 5.08, as last reported on the 24th of December, with the highest price reaching 5.21 and the lowest price hitting 4.98 during the day.
If you're considering investing in Guangzhou Stock, it is important to understand the factors that can impact its price. Guangzhou Jointas appears to be moderately volatile, given 3 months investment horizon. Guangzhou Jointas holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Guangzhou Jointas, which you can use to evaluate the volatility of the firm. Please utilize Guangzhou Jointas' market risk adjusted performance of 0.9697, and Risk Adjusted Performance of 0.1094 to validate if our risk estimates are consistent with your expectations.
The current year's Common Stock is expected to grow to about 450.1 M, whereas Total Stockholder Equity is forecasted to decline to about 534.8 M. . Guangzhou Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 4.8152 | 50 Day MA 5.3156 | Beta (0.13) |
Guangzhou |
Sharpe Ratio = 0.1184
| Best Portfolio | Best Equity | |||
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| Small Returns | 002909 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.49 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Guangzhou Jointas is performing at about 9% 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 Guangzhou Jointas by adding it to a well-diversified portfolio.
Price Book 2.0761 | Enterprise Value Ebitda 77.7784 | Price Sales 1.5527 | Shares Float 218.8 M | Dividend Share 0.05 |
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Guangzhou Jointas Valuation on April 25, 2024
It is possible to determine the worth of Guangzhou Jointas on a given historical date. On April 25, 2024 Guangzhou was worth 5.09 at the beginning of the trading date compared to the closed value of 5.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Guangzhou Jointas stock. Still, in general, we apply an absolute valuation method to find Guangzhou Jointas' 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 Guangzhou Jointas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Guangzhou Jointas' related companies.
| Open | High | Low | Close | Volume | |
| 4.94 | 5.09 | 4.93 | 5.07 | 5,171,700 | |
04/25/2024 | 5.09 | 5.22 | 5.01 | 5.16 | 4,838,884 |
| 5.16 | 5.19 | 5.01 | 5.13 | 7,420,364 |
| Backtest Guangzhou Jointas | | | Guangzhou Jointas History | | | Guangzhou Jointas Valuation | Previous | Next |
Guangzhou Jointas Trading Date Momentum on April 25, 2024
| On April 26 2024 Guangzhou Jointas Chemical was traded for 5.13 at the closing time. The highest price during the trading period was 5.19 and the lowest recorded bid was listed for 5.01 . The volume for the day was 7.4 M. This history from April 26, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.58% . The overall trading delta to the current price is 1.74% . |
Guangzhou Jointas Fundamentals Correlations and Trends
By evaluating Guangzhou Jointas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Guangzhou Jointas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Guangzhou financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Guangzhou Jointas Stock history
Guangzhou Jointas 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 Guangzhou is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Guangzhou Jointas 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 Guangzhou Jointas stock prices may prove useful in developing a viable investing in Guangzhou Jointas
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 428.7 M | 331.2 M | |
| Net Income Applicable To Common Shares | 11.7 M | 11.1 M |
Guangzhou Jointas Stock Technical Analysis
Guangzhou Jointas 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
Guangzhou Jointas Period Price Range
Low | December 24, 2024
| High |
0.00 | 0.00 |
Guangzhou Jointas Chemical 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.
Guangzhou Jointas December 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Guangzhou Jointas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Guangzhou Jointas shares will generate the highest return on investment. By undertsting and applying Guangzhou Jointas stock market strength indicators, traders can identify Guangzhou Jointas Chemical entry and exit signals to maximize returns
Guangzhou Jointas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Guangzhou Jointas' price direction in advance. Along with the technical and fundamental analysis of Guangzhou Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Guangzhou 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 | 0.1094 | |||
| Jensen Alpha | 0.4198 | |||
| Total Risk Alpha | 0.3299 | |||
| Sortino Ratio | 0.1219 | |||
| Treynor Ratio | 0.9597 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Guangzhou Stock analysis
When running Guangzhou Jointas' price analysis, check to measure Guangzhou Jointas' 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 Guangzhou Jointas is operating at the current time. Most of Guangzhou Jointas' value examination focuses on studying past and present price action to predict the probability of Guangzhou Jointas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Guangzhou Jointas' price. Additionally, you may evaluate how the addition of Guangzhou Jointas to your portfolios can decrease your overall portfolio volatility.
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