Ningbo Jianan (China) Price on November 18, 2024

300880 Stock   24.76  0.35  1.39%   
Below is the normalized historical share price chart for Ningbo Jianan Electronics extending back to September 01, 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 Ningbo Jianan stands at 24.76, as last reported on the 12th of December 2024, with the highest price reaching 25.10 and the lowest price hitting 24.34 during the day.
200 Day MA
18.7689
50 Day MA
22.739
Beta
0.364
 
Covid
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. Ningbo Jianan appears to be not too volatile, given 3 months investment horizon. Ningbo Jianan Electronics has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. By analyzing Ningbo Jianan's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please exercise Ningbo Jianan's Risk Adjusted Performance of 0.0917, downside deviation of 3.54, and Mean Deviation of 2.93 to check out if our risk estimates are consistent with your expectations.
  
As of December 12, 2024, Total Stockholder Equity is expected to decline to about 540.8 M. In addition to that, Common Stock is expected to decline to about 133 M. Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1598

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Estimated Market Risk

 4.36
  actual daily
38
62% of assets are more volatile

Expected Return

 0.7
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Ningbo Jianan is performing at about 12% 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 Ningbo Jianan by adding it to a well-diversified portfolio.
Price Book
4.6906
Enterprise Value Ebitda
16.149
Price Sales
4.4192
Shares Float
85.1 M
Dividend Share
0.3

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Ningbo Jianan Valuation on November 18, 2024

It is possible to determine the worth of Ningbo Jianan on a given historical date. On November 18, 2024 Ningbo was worth 22.3 at the beginning of the trading date compared to the closed value of 21.53. 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
  22.92    23.11    22.23    22.32    5,939,384  
11/18/2024
  22.30    22.41    21.30    21.53    5,403,840  
  21.70    22.29    21.45    22.29    4,465,018  
Backtest Ningbo Jianan  |  Ningbo Jianan History  |  Ningbo Jianan Valuation   PreviousNext  
Open Value
22.3
21.53
Closing Value
35.39
Upside

Ningbo Jianan Trading Date Momentum on November 18, 2024

On November 19 2024 Ningbo Jianan Electronics was traded for  22.29  at the closing time. The highest price during the trading period was 22.29  and the lowest recorded bid was listed for  21.45 . The volume for the day was 4.5 M. This history from November 19, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.53% . The trading delta at closing time to the current price is 13.70% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding193.2 M153.8 M
Net Income Applicable To Common Shares160.7 M80.7 M

Ningbo Jianan Quarterly Net Working Capital

659.29 Million

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.
A focus of Ningbo Jianan technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ningbo Jianan 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

Ningbo Jianan Period Price Range

Low
December 12, 2024
0.00  NaN%
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 December 12, 2024 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.

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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