Tianjin Ruixin (China) Price on June 3, 2024
| 300828 Stock | 15.97 1.50 8.59% |
Below is the normalized historical share price chart for Tianjin Ruixin Technology extending back to April 21, 2020. 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 Tianjin Ruixin stands at 15.97, as last reported on the 23rd of December, with the highest price reaching 17.70 and the lowest price hitting 15.87 during the day.
If you're considering investing in Tianjin Stock, it is important to understand the factors that can impact its price. Tianjin Ruixin appears to be somewhat reliable, given 3 months investment horizon. Tianjin Ruixin Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. By inspecting Tianjin Ruixin's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please review Tianjin Ruixin's Risk Adjusted Performance of 0.1397, coefficient of variation of 602.79, and Semi Deviation of 3.66 to confirm if our risk estimates are consistent with your expectations.
The current year's Other Stockholder Equity is expected to grow to about 303.8 M, whereas Total Stockholder Equity is forecasted to decline to about 446.9 M. . Tianjin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 12.531 | 50 Day MA 14.9674 | Beta 0.158 |
Tianjin |
Sharpe Ratio = 0.1828
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300828 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.77 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Tianjin Ruixin is performing at about 14% 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 Tianjin Ruixin by adding it to a well-diversified portfolio.
Price Book 3.7329 | Enterprise Value Ebitda 46.0551 | Price Sales 4.8898 | Shares Float 63.5 M | Dividend Share 0.15 |
Tianjin Ruixin Valuation on June 3, 2024
It is possible to determine the worth of Tianjin Ruixin on a given historical date. On June 3, 2024 Tianjin was worth 11.99 at the beginning of the trading date compared to the closed value of 11.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tianjin Ruixin stock. Still, in general, we apply an absolute valuation method to find Tianjin Ruixin'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 Tianjin Ruixin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tianjin Ruixin's related companies.
| Open | High | Low | Close | Volume | |
| 11.79 | 12.09 | 11.60 | 12.00 | 3,010,450 | |
06/03/2024 | 11.99 | 12.10 | 11.62 | 11.76 | 3,126,300 |
| 11.75 | 11.75 | 11.07 | 11.28 | 3,787,513 |
| Backtest Tianjin Ruixin | | | Tianjin Ruixin History | | | Tianjin Ruixin Valuation | Previous | Next |
Tianjin Ruixin Trading Date Momentum on June 3, 2024
| On June 04 2024 Tianjin Ruixin Technology was traded for 11.28 at the closing time. The highest price during the trading period was 11.75 and the lowest recorded bid was listed for 11.07 . The volume for the day was 3.8 M. This history from June 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.08% . The trading price change to the current price is 5.02% . |
Tianjin Ruixin Technology Fundamentals Correlations and Trends
By evaluating Tianjin Ruixin'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 Tianjin Ruixin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tianjin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tianjin Ruixin Stock history
Tianjin Ruixin 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 Tianjin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tianjin Ruixin Technology 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 Tianjin Ruixin stock prices may prove useful in developing a viable investing in Tianjin Ruixin
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 166.6 M | 125.9 M | |
| Net Income Applicable To Common Shares | 87.1 M | 63.9 M |
Tianjin Ruixin Quarterly Net Working Capital |
|
Tianjin Ruixin Stock Technical Analysis
Tianjin Ruixin 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
Tianjin Ruixin Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Tianjin Ruixin Technology 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.
Tianjin Ruixin December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Tianjin Ruixin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tianjin Ruixin shares will generate the highest return on investment. By undertsting and applying Tianjin Ruixin stock market strength indicators, traders can identify Tianjin Ruixin Technology entry and exit signals to maximize returns
Tianjin Ruixin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tianjin Ruixin's price direction in advance. Along with the technical and fundamental analysis of Tianjin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tianjin 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 | 0.1397 | |||
| Jensen Alpha | 0.7364 | |||
| Total Risk Alpha | 0.6212 | |||
| Sortino Ratio | 0.1614 | |||
| Treynor Ratio | 1.29 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Tianjin Stock analysis
When running Tianjin Ruixin's price analysis, check to measure Tianjin Ruixin'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 Tianjin Ruixin is operating at the current time. Most of Tianjin Ruixin's value examination focuses on studying past and present price action to predict the probability of Tianjin Ruixin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tianjin Ruixin's price. Additionally, you may evaluate how the addition of Tianjin Ruixin to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |