Tianjin Ruixin (China) Price on November 15, 2024

300828 Stock   16.23  0.49  3.11%   
If you're considering investing in Tianjin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tianjin Ruixin stands at 16.23, as last reported on the 6th of March, with the highest price reaching 16.30 and the lowest price hitting 15.67 during the day. Tianjin Ruixin Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. Tianjin Ruixin Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tianjin Ruixin's Risk Adjusted Performance of (0.000051), variance of 11.4, and Coefficient Of Variation of (10,220) to confirm the risk estimate we provide.
  
Tianjin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0098

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Estimated Market Risk

 3.38
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tianjin Ruixin is not performing at its full potential. However, 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 Tianjin Ruixin to a well-diversified portfolio.

Tianjin Ruixin Valuation on November 15, 2024

It is possible to determine the worth of Tianjin Ruixin on a given historical date. On November 15, 2024 Tianjin was worth 13.59 at the beginning of the trading date compared to the closed value of 13.44. 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
  14.14    14.24    13.71    13.73    3,079,900  
11/15/2024
  13.59    14.03    13.44    13.44    3,323,450  
  13.63    13.67    12.91    12.99    3,196,000  
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Open Value
13.59
13.44
Closing Value
23.72
Upside

Tianjin Ruixin Trading Date Momentum on November 15, 2024

On November 18 2024 Tianjin Ruixin Technology was traded for  12.99  at the closing time. The highest price during the trading period was 13.67  and the lowest recorded bid was listed for  12.91 . The volume for the day was 3.2 M. This history from November 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.35% . The trading price change to the current price is 0.52% .

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

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.
A focus of Tianjin Ruixin technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tianjin Ruixin trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Tianjin Ruixin Period Price Range

Low
March 6, 2025
0.00  NaN%
High

 0.00 

     

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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 March 6, 2025 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.

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.
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