Jonjee Hi-tech (China) Price on October 8, 2024
| 600872 Stock | 23.53 1.65 7.54% |
Below is the normalized historical share price chart for Jonjee Hi tech Industrial extending back to June 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 Jonjee Hi-tech stands at 23.53, as last reported on the 1st of December, with the highest price reaching 23.68 and the lowest price hitting 21.88 during the day.
If you're considering investing in Jonjee Stock, it is important to understand the factors that can impact its price. Jonjee Hi-tech appears to be not too volatile, given 3 months investment horizon. Jonjee Hi tech holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. By evaluating Jonjee Hi-tech's technical indicators, you can evaluate if the expected return of 0.63% is justified by implied risk. Please utilize Jonjee Hi-tech's Downside Deviation of 2.71, risk adjusted performance of 0.1349, and Market Risk Adjusted Performance of 1.23 to validate if our risk estimates are consistent with your expectations.
As of December 1, 2024, Total Stockholder Equity is expected to decline to about 2.6 B. In addition to that, Common Stock is expected to decline to about 762.5 M. Jonjee Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of January 1993 | 200 Day MA 23.0257 | 50 Day MA 21.5826 | Beta 0.414 |
Jonjee |
Sharpe Ratio = 0.1876
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600872 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.36 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.63 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Jonjee Hi-tech is performing at about 14% 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 Jonjee Hi-tech by adding it to a well-diversified portfolio.
Price Book 3.7687 | Enterprise Value Ebitda 4.8941 | Price Sales 3.5909 | Shares Float 556.6 M | Wall Street Target Price 26.7 |
Jonjee Hi-tech Valuation on October 8, 2024
It is possible to determine the worth of Jonjee Hi-tech on a given historical date. On October 8, 2024 Jonjee was worth 25.66 at the beginning of the trading date compared to the closed value of 23.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jonjee Hi-tech stock. Still, in general, we apply an absolute valuation method to find Jonjee Hi-tech'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 Jonjee Hi-tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jonjee Hi-tech's related companies.
| Open | High | Low | Close | Volume | |
| 22.66 | 23.49 | 22.07 | 23.33 | 53,237,797 | |
10/08/2024 | 25.66 | 25.66 | 22.35 | 23.56 | 61,946,261 |
| 23.00 | 23.00 | 21.35 | 21.36 | 40,168,268 |
| Backtest Jonjee Hi-tech | | | Jonjee Hi-tech History | | | Jonjee Hi-tech Valuation | Previous | Next |
Jonjee Hi-tech Trading Date Momentum on October 8, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Jonjee Hi tech Fundamentals Correlations and Trends
By evaluating Jonjee Hi-tech'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 Jonjee Hi-tech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jonjee financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jonjee Hi-tech Stock history
Jonjee Hi-tech 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 Jonjee is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jonjee Hi tech 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 Jonjee Hi-tech stock prices may prove useful in developing a viable investing in Jonjee Hi-tech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 706.8 M | 634.7 M | |
| Net Loss | -681.1 M | -647 M |
Jonjee Hi-tech Quarterly Net Working Capital |
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Jonjee Hi-tech Stock Technical Analysis
Jonjee Hi-tech 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
Jonjee Hi-tech Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Jonjee Hi tech Industrial 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.
Jonjee Hi-tech December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Jonjee Hi-tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jonjee Hi-tech shares will generate the highest return on investment. By undertsting and applying Jonjee Hi-tech stock market strength indicators, traders can identify Jonjee Hi tech Industrial entry and exit signals to maximize returns
Jonjee Hi-tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jonjee Hi-tech's price direction in advance. Along with the technical and fundamental analysis of Jonjee Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jonjee 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 | 0.1349 | |||
| Jensen Alpha | 0.4808 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1511 | |||
| Treynor Ratio | 1.22 |
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| Volume Indicators |
Complementary Tools for Jonjee Stock analysis
When running Jonjee Hi-tech's price analysis, check to measure Jonjee Hi-tech'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 Jonjee Hi-tech is operating at the current time. Most of Jonjee Hi-tech's value examination focuses on studying past and present price action to predict the probability of Jonjee Hi-tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jonjee Hi-tech's price. Additionally, you may evaluate how the addition of Jonjee Hi-tech to your portfolios can decrease your overall portfolio volatility.
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