Gem Year (China) Price on April 22, 2024

601002 Stock   4.49  0.13  2.98%   
Below is the normalized historical share price chart for Gem Year Industrial Co extending back to January 26, 2007. 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 Gem Year stands at 4.49, as last reported on the 25th of December, with the highest price reaching 4.70 and the lowest price hitting 4.38 during the day.
IPO Date
26th of January 2007
200 Day MA
3.5732
50 Day MA
4.3338
Beta
0.191
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Gem Stock, it is important to understand the factors that can impact its price. Gem Year appears to be relatively risky, given 3 months investment horizon. Gem Year Industrial 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. By evaluating Gem Year's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Gem Year's Risk Adjusted Performance of 0.1805, downside deviation of 3.04, and Market Risk Adjusted Performance of (3.63) to validate if our risk estimates are consistent with your expectations.
  
At present, Gem Year's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 992.2 M, whereas Total Stockholder Equity is forecasted to decline to about 2.4 B. . Gem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1783

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns601002
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.36
  actual daily
29
71% of assets are more volatile

Expected Return

 0.6
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Gem Year 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 Gem Year by adding it to a well-diversified portfolio.
Price Book
1.0056
Enterprise Value Ebitda
35.2929
Price Sales
1.8141
Shares Float
516.8 M
Wall Street Target Price
12

Gem Year Valuation on April 22, 2024

It is possible to determine the worth of Gem Year on a given historical date. On April 22, 2024 Gem was worth 3.52 at the beginning of the trading date compared to the closed value of 3.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gem Year stock. Still, in general, we apply an absolute valuation method to find Gem Year'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 Gem Year where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gem Year's related companies.
 Open High Low Close Volume
  3.52    3.65    3.47    3.49    7,145,026  
04/22/2024
  3.52    3.52    3.38    3.44    4,286,212  
  3.46    3.50    3.43    3.46    3,520,296  
Backtest Gem Year  |  Gem Year History  |  Gem Year Valuation   PreviousNext  
Open Value
3.52
3.44
Closing Value
13.59
Upside

Gem Year Trading Date Momentum on April 22, 2024

On April 23 2024 Gem Year Industrial Co was traded for  3.46  at the closing time. The highest price during the trading period was 3.50  and the lowest recorded bid was listed for  3.43 . The volume for the day was 3.5 M. This history from April 23, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.58% . The overall trading delta to the current price is 8.43% .

Gem Year Industrial Fundamentals Correlations and Trends

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

About Gem Year Stock history

Gem Year 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 Gem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gem Year Industrial 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 Gem Year stock prices may prove useful in developing a viable investing in Gem Year
Last ReportedProjected for Next Year
Common Stock Shares Outstanding956.7 M975 M
Net Income Applicable To Common Shares132.1 M154.9 M

Gem Year Quarterly Net Working Capital

2.1 Billion

Gem Year Stock Technical Analysis

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

Gem Year Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Gem Year Industrial Co 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.

Gem Year December 25, 2024 Market Strength

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

Gem Year Technical and Predictive Indicators

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

When running Gem Year's price analysis, check to measure Gem Year'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 Gem Year is operating at the current time. Most of Gem Year's value examination focuses on studying past and present price action to predict the probability of Gem Year's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gem Year's price. Additionally, you may evaluate how the addition of Gem Year to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.