Imeik Technology (China) Price on February 22, 2024

300896 Stock   176.36  6.14  3.36%   
If you're considering investing in Imeik Stock, it is important to understand the factors that can impact its price. As of today, the current price of Imeik Technology stands at 176.36, as last reported on the 3rd of January, with the highest price reaching 182.49 and the lowest price hitting 174.58 during the day. Imeik Technology Dev holds Efficiency (Sharpe) Ratio of -0.18, which attests that the entity had a -0.18% return per unit of risk over the last 3 months. Imeik Technology Dev exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Imeik Technology's Market Risk Adjusted Performance of (0.91), standard deviation of 3.83, and Risk Adjusted Performance of (0.14) to validate the risk estimate we provide.
  
Imeik Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1784

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Estimated Market Risk

 3.83
  actual daily
34
66% of assets are more volatile

Expected Return

 -0.68
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Imeik Technology 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 Imeik Technology by adding Imeik Technology to a well-diversified portfolio.

Imeik Technology Valuation on February 22, 2024

It is possible to determine the worth of Imeik Technology on a given historical date. On February 22, 2024 Imeik was worth 321.98 at the beginning of the trading date compared to the closed value of 228.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Imeik Technology stock. Still, in general, we apply an absolute valuation method to find Imeik Technology'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 Imeik Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Imeik Technology's related companies.
 Open High Low Close Volume
  316.60    332.40    229.82    229.82    5,573,732  
02/22/2024
  321.98    324.80    228.60    228.60    3,498,715  
  322.26    336.13    233.05    233.05    4,843,265  
Backtest Imeik Technology  |  Imeik Technology History  |  Imeik Technology Valuation   PreviousNext  
Open Value
321.98
310.50
Downside
228.6
Closing Value
333.46
Upside

Imeik Technology Trading Date Momentum on February 22, 2024

On February 23 2024 Imeik Technology Development was traded for  233.05  at the closing time. The highest price during the trading period was 336.13  and the lowest recorded bid was listed for  233.05 . The volume for the day was 4.8 M. This history from February 23, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.95% . The trading delta at closing time to the current price is 1.42% .

Imeik Technology Dev Fundamentals Correlations and Trends

By evaluating Imeik Technology'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 Imeik Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Imeik financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Imeik Technology Stock history

Imeik Technology 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 Imeik is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Imeik Technology Dev 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 Imeik Technology stock prices may prove useful in developing a viable investing in Imeik Technology

Imeik Technology Stock Technical Analysis

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

Imeik Technology Period Price Range

Low
January 3, 2025
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High

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Imeik Technology Development 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.

Imeik Technology January 3, 2025 Market Strength

Market strength indicators help investors to evaluate how Imeik Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Imeik Technology shares will generate the highest return on investment. By undertsting and applying Imeik Technology stock market strength indicators, traders can identify Imeik Technology Development entry and exit signals to maximize returns

Imeik Technology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Imeik Technology's price direction in advance. Along with the technical and fundamental analysis of Imeik Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Imeik 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 Imeik Stock analysis

When running Imeik Technology's price analysis, check to measure Imeik Technology'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 Imeik Technology is operating at the current time. Most of Imeik Technology's value examination focuses on studying past and present price action to predict the probability of Imeik Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imeik Technology's price. Additionally, you may evaluate how the addition of Imeik Technology to your portfolios can decrease your overall portfolio volatility.
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