HeBei Jinniu (China) Price on November 28, 2024
| 600722 Stock | 6.15 0.56 10.02% |
Below is the normalized historical share price chart for HeBei Jinniu Chemical extending back to October 28, 1996. 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 HeBei Jinniu stands at 6.15, as last reported on the 4th of December, with the highest price reaching 6.15 and the lowest price hitting 5.57 during the day.
If you're considering investing in HeBei Stock, it is important to understand the factors that can impact its price. HeBei Jinniu appears to be moderately volatile, given 3 months investment horizon. HeBei Jinniu Chemical retains Efficiency (Sharpe Ratio) of 0.27, which attests that the entity had a 0.27% return per unit of return volatility over the last 3 months. By analyzing HeBei Jinniu's technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please utilize HeBei Jinniu's Market Risk Adjusted Performance of (1.44), semi deviation of 2.07, and Downside Deviation of 2.75 to validate if our risk estimates are consistent with your expectations.
As of December 4, 2024, Total Stockholder Equity is expected to decline to about 1.1 B. In addition to that, Common Stock is expected to decline to about 593 M. HeBei Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of June 1996 | 200 Day MA 4.1087 | 50 Day MA 4.4714 | Beta 0.612 |
HeBei |
Sharpe Ratio = 0.269
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600722 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.41 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.92 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 21 79% of assets perform better |
Based on monthly moving average HeBei Jinniu is performing at about 21% 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 HeBei Jinniu by adding it to a well-diversified portfolio.
Price Book 3.5336 | Book Value 1.745 | Enterprise Value 3.1 B | Enterprise Value Ebitda 44.1719 | Price Sales 7.7715 |
HeBei Jinniu Valuation on November 28, 2024
It is possible to determine the worth of HeBei Jinniu on a given historical date. On November 28, 2024 HeBei was worth 4.86 at the beginning of the trading date compared to the closed value of 4.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HeBei Jinniu stock. Still, in general, we apply an absolute valuation method to find HeBei Jinniu'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 HeBei Jinniu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HeBei Jinniu's related companies.
| Open | High | Low | Close | Volume | |
| 4.91 | 4.91 | 4.65 | 4.86 | 23,998,701 | |
11/28/2024 | 4.86 | 5.03 | 4.80 | 4.96 | 21,266,034 |
| 4.96 | 5.20 | 4.88 | 5.08 | 31,770,119 |
| Backtest HeBei Jinniu | | | HeBei Jinniu History | | | HeBei Jinniu Valuation | Previous | Next |
HeBei Jinniu Trading Date Momentum on November 28, 2024
| On November 29 2024 HeBei Jinniu Chemical was traded for 5.08 at the closing time. The highest price during the trading period was 5.20 and the lowest recorded bid was listed for 4.88 . The volume for the day was 31.8 M. This history from November 29, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.42% . The trading delta at closing time to the current price is 13.71% . |
HeBei Jinniu Chemical Fundamentals Correlations and Trends
By evaluating HeBei Jinniu'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 HeBei Jinniu's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HeBei financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HeBei Jinniu Stock history
HeBei Jinniu 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 HeBei is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HeBei Jinniu Chemical 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 HeBei Jinniu stock prices may prove useful in developing a viable investing in HeBei Jinniu
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 612.3 M | 544.3 M | |
| Net Income Applicable To Common Shares | 43.2 M | 41.1 M |
HeBei Jinniu Quarterly Net Working Capital |
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HeBei Jinniu Stock Technical Analysis
HeBei Jinniu 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
HeBei Jinniu Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
HeBei Jinniu Chemical 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.
HeBei Jinniu December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how HeBei Jinniu stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HeBei Jinniu shares will generate the highest return on investment. By undertsting and applying HeBei Jinniu stock market strength indicators, traders can identify HeBei Jinniu Chemical entry and exit signals to maximize returns
HeBei Jinniu Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HeBei Jinniu's price direction in advance. Along with the technical and fundamental analysis of HeBei Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HeBei 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 | 0.2105 | |||
| Jensen Alpha | 0.9069 | |||
| Total Risk Alpha | 0.4101 | |||
| Sortino Ratio | 0.2704 | |||
| Treynor Ratio | (1.45) |
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| Volume Indicators |
Complementary Tools for HeBei Stock analysis
When running HeBei Jinniu's price analysis, check to measure HeBei Jinniu'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 HeBei Jinniu is operating at the current time. Most of HeBei Jinniu's value examination focuses on studying past and present price action to predict the probability of HeBei Jinniu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HeBei Jinniu's price. Additionally, you may evaluate how the addition of HeBei Jinniu to your portfolios can decrease your overall portfolio volatility.
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