Bank of Nanjing (China) Price on June 24, 2024

601009 Stock   10.53  0.03  0.29%   
Below is the normalized historical share price chart for Bank of Nanjing extending back to July 19, 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 Bank of Nanjing stands at 10.53, as last reported on the 19th of December, with the highest price reaching 10.66 and the lowest price hitting 10.50 during the day.
IPO Date
19th of July 2007
200 Day MA
9.9094
50 Day MA
10.4094
Beta
0.35
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Bank Stock, it is important to understand the factors that can impact its price. At this point, Bank of Nanjing is not too volatile. Bank of Nanjing secures Sharpe Ratio (or Efficiency) of 0.0312, which signifies that the company had a 0.0312% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bank of Nanjing, which you can use to evaluate the volatility of the firm. Please confirm Bank of Nanjing's Risk Adjusted Performance of 0.041, downside deviation of 2.51, and Mean Deviation of 1.16 to double-check if the risk estimate we provide is consistent with the expected return of 0.0587%.
  
At present, Bank of Nanjing's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 12.5 B, whereas Preferred Stock Total Equity is forecasted to decline to about 9 B. . Bank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0312

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Estimated Market Risk

 1.88
  actual daily
16
84% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Bank of Nanjing is performing at about 2% 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 Bank of Nanjing by adding it to a well-diversified portfolio.
Price Book
0.6692
Book Value
14.232
Enterprise Value
136.8 B
Price Sales
3.0136
Shares Float
4.1 B

Bank of Nanjing Main Headline on 24th of June 2024

Dont Race Out To Buy Nanjing Public Utilities Development Co., Ltd. Just Because Its Going Ex-Dividend Simply Wall St

Bank of Nanjing Valuation on June 24, 2024

It is possible to determine the worth of Bank of Nanjing on a given historical date. On June 24, 2024 Bank was worth 9.87 at the beginning of the trading date compared to the closed value of 9.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bank of Nanjing stock. Still, in general, we apply an absolute valuation method to find Bank of Nanjing'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 Bank of Nanjing where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bank of Nanjing's related companies.
 Open High Low Close Volume
  9.83    9.92    9.79    9.87    23,160,802  
06/24/2024
  9.87    9.94    9.79    9.84    21,159,920  
  9.85    9.92    9.80    9.86    19,789,986  
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Open Value
9.87
9.84
Closing Value
15.52
Upside

Bank of Nanjing Trading Date Momentum on June 24, 2024

On June 25 2024 Bank of Nanjing was traded for  9.86  at the closing time. The highest price during the trading period was 9.92  and the lowest recorded bid was listed for  9.80 . The volume for the day was 19.8 M. This history from June 25, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.20% . The overall trading delta to the current price is 3.46% .

Bank of Nanjing Fundamentals Correlations and Trends

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

About Bank of Nanjing Stock history

Bank of Nanjing 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 Bank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bank of Nanjing 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 Bank of Nanjing stock prices may prove useful in developing a viable investing in Bank of Nanjing
Last ReportedProjected for Next Year
Common Stock Shares Outstanding10.3 B10.4 B
Net Income Applicable To Common Shares20.7 B21.7 B

Bank of Nanjing Stock Technical Analysis

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

Bank of Nanjing Period Price Range

Low
December 19, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bank of Nanjing 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.

Bank of Nanjing December 19, 2024 Market Strength

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

Bank of Nanjing Technical and Predictive Indicators

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

When running Bank of Nanjing's price analysis, check to measure Bank of Nanjing'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 Bank of Nanjing is operating at the current time. Most of Bank of Nanjing's value examination focuses on studying past and present price action to predict the probability of Bank of Nanjing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Nanjing's price. Additionally, you may evaluate how the addition of Bank of Nanjing to your portfolios can decrease your overall portfolio volatility.
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