Jonjee Hi (China) Price on December 3, 2024

600872 Stock   24.55  0.42  1.74%   
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 stands at 24.55, as last reported on the 12th of December 2024, with the highest price reaching 25.08 and the lowest price hitting 23.99 during the day.
IPO Date
3rd of January 1993
200 Day MA
23.0426
50 Day MA
22.495
Beta
0.414
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Jonjee Stock, it is important to understand the factors that can impact its price. Jonjee Hi appears to be not too volatile, given 3 months investment horizon. Jonjee Hi tech holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. By evaluating Jonjee Hi's technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please utilize Jonjee Hi's Risk Adjusted Performance of 0.1493, market risk adjusted performance of 1.95, and Downside Deviation of 2.67 to validate if our risk estimates are consistent with your expectations.
  
As of December 12, 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.

Sharpe Ratio = 0.2322

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Estimated Market Risk

 3.36
  actual daily
29
71% of assets are more volatile

Expected Return

 0.78
  actual daily
15
85% of assets have higher returns

Risk-Adjusted Return

 0.23
  actual daily
18
82% of assets perform better
Based on monthly moving average Jonjee Hi is performing at about 18% 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 by adding it to a well-diversified portfolio.
Price Book
3.932
Enterprise Value Ebitda
5.1094
Price Sales
3.7465
Shares Float
556.6 M
Wall Street Target Price
26.7

Jonjee Hi Valuation on December 3, 2024

It is possible to determine the worth of Jonjee Hi on a given historical date. On December 3, 2024 Jonjee was worth 23.5 at the beginning of the trading date compared to the closed value of 23.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jonjee Hi stock. Still, in general, we apply an absolute valuation method to find Jonjee Hi'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jonjee Hi's related companies.
 Open High Low Close Volume
  23.48    23.89    23.15    23.63    14,700,685  
12/03/2024
  23.50    23.79    23.20    23.50    12,459,062  
  23.50    23.51    22.80    23.00    13,826,848  
Backtest Jonjee Hi  |  Jonjee Hi History  |  Jonjee Hi Valuation   PreviousNext  
Open Value
23.5
23.5
Closing Value
33.59
Upside

Jonjee Hi Trading Date Momentum on December 3, 2024

On December 04 2024 Jonjee Hi tech Industrial was traded for  23.00  at the closing time. The highest price during the trading period was 23.51  and the lowest recorded bid was listed for  22.80 . The volume for the day was 13.8 M. This history from December 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 2.13% . The trading delta at closing time to the current price is 2.55% .

Jonjee Hi tech Fundamentals Correlations and Trends

By evaluating Jonjee Hi'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'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 Stock history

Jonjee Hi 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 stock prices may prove useful in developing a viable investing in Jonjee Hi
Last ReportedProjected for Next Year
Common Stock Shares Outstanding706.8 M634.7 M
Net Loss-681.1 M-647 M

Jonjee Hi Quarterly Net Working Capital

2.72 Billion

Jonjee Hi Stock Technical Analysis

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

Jonjee Hi Period Price Range

Low
December 12, 2024
0.00  NaN%
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 December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how Jonjee Hi 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 shares will generate the highest return on investment. By undertsting and applying Jonjee Hi stock market strength indicators, traders can identify Jonjee Hi tech Industrial entry and exit signals to maximize returns

Jonjee Hi Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Jonjee Hi'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.

Complementary Tools for Jonjee Stock analysis

When running Jonjee Hi's price analysis, check to measure Jonjee Hi'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 is operating at the current time. Most of Jonjee Hi's value examination focuses on studying past and present price action to predict the probability of Jonjee Hi'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's price. Additionally, you may evaluate how the addition of Jonjee Hi to your portfolios can decrease your overall portfolio volatility.
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