Ningbo Jianan (China) Price on August 13, 2024
| 300880 Stock | 22.27 0.08 0.36% |
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ningbo Jianan stands at 22.27, as last reported on the 22nd of January, with the highest price reaching 22.41 and the lowest price hitting 21.91 during the day. At this point, Ningbo Jianan is not too volatile. Ningbo Jianan Electronics has Sharpe Ratio of 0.0124, which conveys that the firm had a 0.0124 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ningbo Jianan, which you can use to evaluate the volatility of the firm. Please verify Ningbo Jianan's Downside Deviation of 2.79, mean deviation of 2.25, and Risk Adjusted Performance of 0.0176 to check out if the risk estimate we provide is consistent with the expected return of 0.0363%.
Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ningbo |
Sharpe Ratio = 0.0124
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 300880 |
Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.04 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 Ningbo Jianan 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 Ningbo Jianan by adding Ningbo Jianan to a well-diversified portfolio.
Ningbo Jianan Valuation on August 13, 2024
It is possible to determine the worth of Ningbo Jianan on a given historical date. On August 13, 2024 Ningbo was worth 18.17 at the beginning of the trading date compared to the closed value of 19.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ningbo Jianan stock. Still, in general, we apply an absolute valuation method to find Ningbo Jianan'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 Ningbo Jianan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ningbo Jianan's related companies.
| Open | High | Low | Close | Volume | |
| 16.72 | 17.72 | 16.60 | 17.37 | 10,584,563 | |
08/13/2024 | 18.17 | 20.64 | 18.13 | 19.24 | 21,633,781 |
| 19.29 | 20.17 | 18.76 | 18.78 | 16,562,041 |
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Ningbo Jianan Trading Date Momentum on August 13, 2024
| On August 14 2024 Ningbo Jianan Electronics was traded for 18.78 at the closing time. The highest price during the trading period was 20.17 and the lowest recorded bid was listed for 18.76 . The volume for the day was 16.6 M. This history from August 14, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.39% . The trading delta at closing time to the current price is 4.99% . |
Ningbo Jianan Electronics Fundamentals Correlations and Trends
By evaluating Ningbo Jianan'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 Ningbo Jianan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ningbo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ningbo Jianan Stock history
Ningbo Jianan 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 Ningbo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ningbo Jianan Electronics 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 Ningbo Jianan stock prices may prove useful in developing a viable investing in Ningbo Jianan
Ningbo Jianan Stock Technical Analysis
Ningbo Jianan 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
Ningbo Jianan Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
Ningbo Jianan Electronics 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.
Ningbo Jianan January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how Ningbo Jianan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ningbo Jianan shares will generate the highest return on investment. By undertsting and applying Ningbo Jianan stock market strength indicators, traders can identify Ningbo Jianan Electronics entry and exit signals to maximize returns
Ningbo Jianan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ningbo Jianan's price direction in advance. Along with the technical and fundamental analysis of Ningbo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ningbo 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 | 0.0176 | |||
| Jensen Alpha | 0.0115 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.000052) | |||
| Treynor Ratio | 0.0471 |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Ningbo Stock analysis
When running Ningbo Jianan's price analysis, check to measure Ningbo Jianan'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 Ningbo Jianan is operating at the current time. Most of Ningbo Jianan's value examination focuses on studying past and present price action to predict the probability of Ningbo Jianan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ningbo Jianan's price. Additionally, you may evaluate how the addition of Ningbo Jianan to your portfolios can decrease your overall portfolio volatility.
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