Runjian Communication (China) Price on April 23, 2024
| 002929 Stock | 30.50 0.76 2.56% |
Below is the normalized historical share price chart for Runjian Communication Co extending back to March 01, 2018. 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 Runjian Communication stands at 30.50, as last reported on the 8th of January, with the highest price reaching 30.55 and the lowest price hitting 29.60 during the day.
If you're considering investing in Runjian Stock, it is important to understand the factors that can impact its price. At this point, Runjian Communication is not too volatile. Runjian Communication maintains Sharpe Ratio (i.e., Efficiency) of 0.0151, which implies the firm had a 0.0151% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Runjian Communication, which you can use to evaluate the volatility of the company. Please check Runjian Communication's Risk Adjusted Performance of 0.025, coefficient of variation of 4664.84, and Semi Deviation of 3.25 to confirm if the risk estimate we provide is consistent with the expected return of 0.0436%.
At present, Runjian Communication's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 17.9 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 215.7 M. . Runjian Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 30.8329 | 50 Day MA 31.018 | Beta (0.16) |
Runjian |
Sharpe Ratio = 0.0151
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 002929 |
Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Runjian Communication 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 Runjian Communication by adding it to a well-diversified portfolio.
Price Book 1.352 | Enterprise Value Ebitda 31.1188 | Price Sales 0.9822 | Shares Float 134.2 M | Dividend Share 0.25 |
Runjian Communication Valuation on April 23, 2024
It is possible to determine the worth of Runjian Communication on a given historical date. On April 23, 2024 Runjian was worth 33.09 at the beginning of the trading date compared to the closed value of 32.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Runjian Communication stock. Still, in general, we apply an absolute valuation method to find Runjian Communication'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 Runjian Communication where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Runjian Communication's related companies.
| Open | High | Low | Close | Volume | |
| 32.63 | 33.28 | 32.06 | 32.67 | 6,706,039 | |
04/23/2024 | 33.09 | 33.25 | 32.30 | 32.51 | 5,965,155 |
| 32.78 | 34.46 | 32.74 | 34.46 | 9,978,934 |
| Backtest Runjian Communication | | | Runjian Communication History | | | Runjian Communication Valuation | Previous | Next |
Runjian Communication Trading Date Momentum on April 23, 2024
| On April 24 2024 Runjian Communication Co was traded for 34.46 at the closing time. The highest price during the trading period was 34.46 and the lowest recorded bid was listed for 32.74 . The volume for the day was 10 M. This history from April 24, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 6.00% . The trading delta at closing time to the current price is 9.38% . |
Runjian Communication Fundamentals Correlations and Trends
By evaluating Runjian Communication'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 Runjian Communication's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Runjian financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Runjian Communication Stock history
Runjian Communication 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 Runjian is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Runjian Communication 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 Runjian Communication stock prices may prove useful in developing a viable investing in Runjian Communication
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 293.2 M | 215.7 M | |
| Net Income Applicable To Common Shares | 488 M | 277.1 M |
Runjian Communication Quarterly Net Working Capital |
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Runjian Communication Stock Technical Analysis
Runjian Communication 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
Runjian Communication Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Runjian Communication Co 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.
Runjian Communication January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Runjian Communication stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Runjian Communication shares will generate the highest return on investment. By undertsting and applying Runjian Communication stock market strength indicators, traders can identify Runjian Communication Co entry and exit signals to maximize returns
Runjian Communication Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Runjian Communication's price direction in advance. Along with the technical and fundamental analysis of Runjian Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Runjian 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 | 0.025 | |||
| Jensen Alpha | 0.0607 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0137 | |||
| Treynor Ratio | 0.4131 |
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Complementary Tools for Runjian Stock analysis
When running Runjian Communication's price analysis, check to measure Runjian Communication'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 Runjian Communication is operating at the current time. Most of Runjian Communication's value examination focuses on studying past and present price action to predict the probability of Runjian Communication's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Runjian Communication's price. Additionally, you may evaluate how the addition of Runjian Communication to your portfolios can decrease your overall portfolio volatility.
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