Gem-Year Industrial (China) Price on July 19, 2024
| 601002 Stock | 4.75 0.11 2.26% |
If you're considering investing in Gem-Year Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gem-Year Industrial stands at 4.75, as last reported on the 28th of March, with the highest price reaching 4.89 and the lowest price hitting 4.74 during the day. Gem-Year Industrial appears to be slightly risky, given 3 months investment horizon. Gem Year Industrial holds Efficiency (Sharpe) Ratio of 0.0834, which attests that the entity had a 0.0834 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Gem Year Industrial, which you can use to evaluate the volatility of the firm. Please utilize Gem-Year Industrial's Downside Deviation of 1.97, market risk adjusted performance of 2.93, and Risk Adjusted Performance of 0.0779 to validate if our risk estimates are consistent with your expectations.
Gem-Year Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gem-Year |
Sharpe Ratio = 0.0834
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 601002 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.2 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Gem-Year Industrial is performing at about 6% 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 Industrial by adding it to a well-diversified portfolio.
Gem-Year Industrial Valuation on July 19, 2024
It is possible to determine the worth of Gem-Year Industrial on a given historical date. On July 19, 2024 Gem-Year was worth 2.76 at the beginning of the trading date compared to the closed value of 2.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gem-Year Industrial stock. Still, in general, we apply an absolute valuation method to find Gem-Year Industrial'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 Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gem-Year Industrial's related companies.
| Open | High | Low | Close | Volume | |
| 2.79 | 2.79 | 2.74 | 2.78 | 4,590,902 | |
07/19/2024 | 2.76 | 2.92 | 2.74 | 2.83 | 7,017,893 |
| 2.82 | 2.86 | 2.80 | 2.83 | 5,157,993 |
| Backtest Gem-Year Industrial | | | Gem-Year Industrial History | | | Gem-Year Industrial Valuation | Previous | Next |
Gem-Year Industrial Trading Date Momentum on July 19, 2024
| On July 22 2024 Gem Year Industrial Co was traded for 2.83 at the closing time. The highest price during the trading period was 2.86 and the lowest recorded bid was listed for 2.80 . The volume for the day was 5.2 M. This history from July 22, 2024 did not cause price change. The overall trading delta to the current price is 1.41% . |
Gem Year Industrial Fundamentals Correlations and Trends
By evaluating Gem-Year Industrial'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 Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gem-Year financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gem-Year Industrial Stock history
Gem-Year Industrial 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-Year 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 Industrial stock prices may prove useful in developing a viable investing in Gem-Year Industrial
Gem-Year Industrial Stock Technical Analysis
Gem-Year Industrial 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
Gem-Year Industrial Period Price Range
Low | March 28, 2025
| 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 Industrial March 28, 2025 Market Strength
Market strength indicators help investors to evaluate how Gem-Year Industrial 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 Industrial shares will generate the highest return on investment. By undertsting and applying Gem-Year Industrial stock market strength indicators, traders can identify Gem Year Industrial Co entry and exit signals to maximize returns
Gem-Year Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gem-Year Industrial's price direction in advance. Along with the technical and fundamental analysis of Gem-Year Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gem-Year 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 | 0.0779 | |||
| Jensen Alpha | 0.1912 | |||
| Total Risk Alpha | 0.3364 | |||
| Sortino Ratio | 0.1226 | |||
| Treynor Ratio | 2.92 |
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Gem-Year Stock analysis
When running Gem-Year Industrial's price analysis, check to measure Gem-Year Industrial'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 Industrial is operating at the current time. Most of Gem-Year Industrial's value examination focuses on studying past and present price action to predict the probability of Gem-Year Industrial'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 Industrial's price. Additionally, you may evaluate how the addition of Gem-Year Industrial to your portfolios can decrease your overall portfolio volatility.
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