Xinjiang Communications (China) Price on July 25, 2023
| 002941 Stock | 11.86 0.03 0.25% |
Below is the normalized historical share price chart for Xinjiang Communications Construction extending back to November 28, 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 Xinjiang Communications stands at 11.86, as last reported on the 20th of December, with the highest price reaching 11.97 and the lowest price hitting 11.84 during the day.
If you're considering investing in Xinjiang Stock, it is important to understand the factors that can impact its price. Xinjiang Communications appears to be somewhat reliable, given 3 months investment horizon. Xinjiang Communications shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of risk over the last 3 months. By examining Xinjiang Communications' technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please utilize Xinjiang Communications' Market Risk Adjusted Performance of 0.8718, mean deviation of 2.47, and Downside Deviation of 2.88 to validate if our risk estimates are consistent with your expectations.
At present, Xinjiang Communications' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 709.5 M, whereas Total Stockholder Equity is forecasted to decline to about 2.5 B. . Xinjiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 10.851 | 50 Day MA 12.1602 | Beta 0.19 |
Xinjiang |
Sharpe Ratio = 0.1381
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 002941 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.59 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Xinjiang Communications is performing at about 10% 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 Xinjiang Communications by adding it to a well-diversified portfolio.
Price Book 2.2415 | Enterprise Value Ebitda 18.6928 | Price Sales 1.1236 | Shares Float 269.8 M | Dividend Share 0.16 |
Xinjiang Communications Valuation on July 25, 2023
It is possible to determine the worth of Xinjiang Communications on a given historical date. On July 25, 2023 Xinjiang was worth 14.74 at the beginning of the trading date compared to the closed value of 15.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xinjiang Communications stock. Still, in general, we apply an absolute valuation method to find Xinjiang Communications' 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 Xinjiang Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xinjiang Communications' related companies.
| Open | High | Low | Close | Volume | |
| 14.73 | 14.94 | 14.54 | 14.61 | 10,194,450 | |
07/25/2023 | 14.74 | 15.05 | 14.74 | 15.05 | 17,303,699 |
| 15.13 | 15.30 | 14.81 | 14.92 | 13,870,800 |
| Backtest Xinjiang Communications | | | Xinjiang Communications History | | | Xinjiang Communications Valuation | Previous | Next |
Xinjiang Communications Trading Date Momentum on July 25, 2023
| On July 26 2023 Xinjiang Communications Construction was traded for 14.92 at the closing time. The highest price during the trading period was 15.30 and the lowest recorded bid was listed for 14.81 . The volume for the day was 13.9 M. This history from July 26, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.86% . The trading price change to the current price is 4.39% . |
Xinjiang Communications Fundamentals Correlations and Trends
By evaluating Xinjiang Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Xinjiang Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xinjiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xinjiang Communications Stock history
Xinjiang Communications 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 Xinjiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xinjiang Communications 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 Xinjiang Communications stock prices may prove useful in developing a viable investing in Xinjiang Communications
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 645.1 M | 699.3 M | |
| Net Income Applicable To Common Shares | 290.7 M | 212.1 M |
Xinjiang Communications Quarterly Net Working Capital |
|
Xinjiang Communications Stock Technical Analysis
Xinjiang Communications 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
Xinjiang Communications Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Xinjiang Communications Construction 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.
Xinjiang Communications December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Xinjiang Communications stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xinjiang Communications shares will generate the highest return on investment. By undertsting and applying Xinjiang Communications stock market strength indicators, traders can identify Xinjiang Communications Construction entry and exit signals to maximize returns
Xinjiang Communications Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xinjiang Communications' price direction in advance. Along with the technical and fundamental analysis of Xinjiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xinjiang 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 | 0.1101 | |||
| Jensen Alpha | 0.4301 | |||
| Total Risk Alpha | 0.3436 | |||
| Sortino Ratio | 0.1455 | |||
| Treynor Ratio | 0.8618 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Xinjiang Stock analysis
When running Xinjiang Communications' price analysis, check to measure Xinjiang Communications' 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 Xinjiang Communications is operating at the current time. Most of Xinjiang Communications' value examination focuses on studying past and present price action to predict the probability of Xinjiang Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinjiang Communications' price. Additionally, you may evaluate how the addition of Xinjiang Communications to your portfolios can decrease your overall portfolio volatility.
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Valuation Check real value of public entities based on technical and fundamental data |