Sailun Jinyu (China) Price on March 22, 2024

601058 Stock   14.17  0.09  0.64%   
Below is the normalized historical share price chart for Sailun Jinyu Group extending back to June 30, 2011. 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 Sailun Jinyu stands at 14.17, as last reported on the 24th of December, with the highest price reaching 14.33 and the lowest price hitting 14.05 during the day.
IPO Date
30th of June 2011
200 Day MA
14.3066
50 Day MA
14.4296
Beta
0.855
 
Yuan Drop
 
Covid
If you're considering investing in Sailun Stock, it is important to understand the factors that can impact its price. At this point, Sailun Jinyu is not too volatile. Sailun Jinyu Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0139, which indicates the firm had a 0.0139% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sailun Jinyu Group, which you can use to evaluate the volatility of the company. Please validate Sailun Jinyu's Risk Adjusted Performance of 0.029, semi deviation of 2.23, and Coefficient Of Variation of 3500.84 to confirm if the risk estimate we provide is consistent with the expected return of 0.0316%.
  
At present, Sailun Jinyu'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 3.7 B, whereas Other Stockholder Equity is projected to grow to (134.2 M). . Sailun Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0139

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Estimated Market Risk

 2.28
  actual daily
20
80% of assets are more volatile

Expected Return

 0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
1
99% of assets perform better
Based on monthly moving average Sailun Jinyu is performing at about 1% 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 Sailun Jinyu by adding it to a well-diversified portfolio.
Price Book
2.4467
Enterprise Value Ebitda
9.4878
Price Sales
1.5336
Shares Float
2.1 B
Wall Street Target Price
20.82

Sailun Jinyu Valuation on March 22, 2024

It is possible to determine the worth of Sailun Jinyu on a given historical date. On March 22, 2024 Sailun was worth 13.98 at the beginning of the trading date compared to the closed value of 14.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sailun Jinyu stock. Still, in general, we apply an absolute valuation method to find Sailun Jinyu'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 Sailun Jinyu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sailun Jinyu's related companies.
 Open High Low Close Volume
  13.93    14.04    13.78    13.84    19,843,926  
03/22/2024
  13.98    14.18    13.76    14.07    21,557,370  
  14.03    14.35    13.93    14.05    23,202,890  
Backtest Sailun Jinyu  |  Sailun Jinyu History  |  Sailun Jinyu Valuation   PreviousNext  
Open Value
13.98
14.07
Closing Value
20.83
Upside

Sailun Jinyu Trading Date Momentum on March 22, 2024

On March 25 2024 Sailun Jinyu Group was traded for  14.05  at the closing time. The highest price during the trading period was 14.35  and the lowest recorded bid was listed for  13.93 . The volume for the day was 23.2 M. This history from March 25, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.14% . The trading price change to the current price is 4.98% .

Sailun Jinyu Group Fundamentals Correlations and Trends

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

About Sailun Jinyu Stock history

Sailun Jinyu 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 Sailun is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sailun Jinyu Group 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 Sailun Jinyu stock prices may prove useful in developing a viable investing in Sailun Jinyu
Last ReportedProjected for Next Year
Common Stock Shares Outstanding3.1 B3.2 B
Net Income Applicable To Common Shares1.5 B1.6 B

Sailun Jinyu Stock Technical Analysis

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

Sailun Jinyu Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sailun Jinyu Group 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.

Sailun Jinyu December 24, 2024 Market Strength

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

Sailun Jinyu Technical and Predictive Indicators

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

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