Xinjiang Baodi (China) Price on May 20, 2024
| 601121 Stock | 6.88 0.03 0.43% |
If you're considering investing in Xinjiang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xinjiang Baodi stands at 6.88, as last reported on the 20th of December, with the highest price reaching 6.91 and the lowest price hitting 6.76 during the day. Xinjiang Baodi appears to be slightly risky, given 3 months investment horizon. Xinjiang Baodi Mining shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Xinjiang Baodi Mining, which you can use to evaluate the volatility of the company. Please utilize Xinjiang Baodi's Downside Deviation of 2.88, mean deviation of 1.77, and Market Risk Adjusted Performance of (0.69) to validate if our risk estimates are consistent with your expectations.
Xinjiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Xinjiang |
Sharpe Ratio = 0.171
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | 601121 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Xinjiang Baodi is performing at about 13% 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 Xinjiang Baodi by adding it to a well-diversified portfolio.
Price Book 1.7843 | Enterprise Value Ebitda 11.3459 | Price Sales 4.249 | Shares Float 285.9 M | Dividend Share 0.167 |
Xinjiang Baodi Valuation on May 20, 2024
It is possible to determine the worth of Xinjiang Baodi on a given historical date. On May 20, 2024 Xinjiang was worth 6.53 at the beginning of the trading date compared to the closed value of 6.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xinjiang Baodi stock. Still, in general, we apply an absolute valuation method to find Xinjiang Baodi'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 Xinjiang Baodi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xinjiang Baodi's related companies.
| Open | High | Low | Close | Volume | |
| 6.43 | 6.45 | 6.29 | 6.41 | 9,138,700 | |
05/20/2024 | 6.53 | 6.79 | 6.48 | 6.74 | 22,663,252 |
| 6.74 | 6.80 | 6.55 | 6.65 | 15,647,401 |
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Xinjiang Baodi Trading Date Momentum on May 20, 2024
| On May 21 2024 Xinjiang Baodi Mining was traded for 6.65 at the closing time. The highest price during the trading period was 6.80 and the lowest recorded bid was listed for 6.55 . The volume for the day was 15.6 M. This history from May 21, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.34% . The trading price change to the current price is 3.86% . |
Xinjiang Baodi Mining Fundamentals Correlations and Trends
By evaluating Xinjiang Baodi'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 Xinjiang Baodi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xinjiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xinjiang Baodi Stock history
Xinjiang Baodi 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 Xinjiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xinjiang Baodi Mining 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 Xinjiang Baodi stock prices may prove useful in developing a viable investing in Xinjiang Baodi
Xinjiang Baodi Stock Technical Analysis
Xinjiang Baodi 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
Xinjiang Baodi Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Xinjiang Baodi Mining 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.
Xinjiang Baodi December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Xinjiang Baodi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Xinjiang Baodi shares will generate the highest return on investment. By undertsting and applying Xinjiang Baodi stock market strength indicators, traders can identify Xinjiang Baodi Mining entry and exit signals to maximize returns
Xinjiang Baodi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xinjiang Baodi's price direction in advance. Along with the technical and fundamental analysis of Xinjiang Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xinjiang 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 | 0.1343 | |||
| Jensen Alpha | 0.4184 | |||
| Total Risk Alpha | 0.3286 | |||
| Sortino Ratio | 0.1323 | |||
| Treynor Ratio | (0.70) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Xinjiang Stock analysis
When running Xinjiang Baodi's price analysis, check to measure Xinjiang Baodi'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 Xinjiang Baodi is operating at the current time. Most of Xinjiang Baodi's value examination focuses on studying past and present price action to predict the probability of Xinjiang Baodi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinjiang Baodi's price. Additionally, you may evaluate how the addition of Xinjiang Baodi to your portfolios can decrease your overall portfolio volatility.
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