Gemdale Corp (China) Price on September 9, 2024
| 600383 Stock | 4.31 0.06 1.37% |
If you're considering investing in Gemdale Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gemdale Corp stands at 4.31, as last reported on the 6th of January, with the highest price reaching 4.49 and the lowest price hitting 4.29 during the day. Gemdale Corp holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. Gemdale Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gemdale Corp's Market Risk Adjusted Performance of (0.43), risk adjusted performance of (0.08), and Standard Deviation of 3.51 to validate the risk estimate we provide.
Gemdale Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gemdale |
Sharpe Ratio = -0.105
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 600383 |
Estimated Market Risk
| 3.51 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gemdale Corp 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 Gemdale Corp by adding Gemdale Corp to a well-diversified portfolio.
Gemdale Corp Valuation on September 9, 2024
It is possible to determine the worth of Gemdale Corp on a given historical date. On September 9, 2024 Gemdale was worth 3.56 at the beginning of the trading date compared to the closed value of 3.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gemdale Corp stock. Still, in general, we apply an absolute valuation method to find Gemdale Corp'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 Gemdale Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gemdale Corp's related companies.
| Open | High | Low | Close | Volume | |
| 3.75 | 3.79 | 3.60 | 3.62 | 240,372,623 | |
09/09/2024 | 3.56 | 3.72 | 3.50 | 3.65 | 159,587,901 |
| 3.64 | 3.67 | 3.53 | 3.61 | 101,075,002 |
| Backtest Gemdale Corp | | | Gemdale Corp History | | | Gemdale Corp Valuation | Previous | Next |
Gemdale Corp Trading Date Momentum on September 9, 2024
| On September 10 2024 Gemdale Corp was traded for 3.61 at the closing time. The highest price during the trading period was 3.67 and the lowest recorded bid was listed for 3.53 . The volume for the day was 101.1 M. This history from September 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.10% . The overall trading delta to the current price is 2.19% . |
Gemdale Corp Fundamentals Correlations and Trends
By evaluating Gemdale Corp'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 Gemdale Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gemdale financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gemdale Corp Stock history
Gemdale Corp 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 Gemdale is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gemdale Corp 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 Gemdale Corp stock prices may prove useful in developing a viable investing in Gemdale Corp
Gemdale Corp Stock Technical Analysis
Gemdale Corp 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
Gemdale Corp Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Gemdale Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.
Gemdale Corp January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Gemdale Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gemdale Corp shares will generate the highest return on investment. By undertsting and applying Gemdale Corp stock market strength indicators, traders can identify Gemdale Corp entry and exit signals to maximize returns
Gemdale Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gemdale Corp's price direction in advance. Along with the technical and fundamental analysis of Gemdale Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gemdale 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 | (0.08) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.44) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Gemdale Stock analysis
When running Gemdale Corp's price analysis, check to measure Gemdale Corp'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 Gemdale Corp is operating at the current time. Most of Gemdale Corp's value examination focuses on studying past and present price action to predict the probability of Gemdale Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gemdale Corp's price. Additionally, you may evaluate how the addition of Gemdale Corp to your portfolios can decrease your overall portfolio volatility.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |