Jiangsu Jiangnan (China) Price on August 11, 2023
601199 Stock | 5.27 0.02 0.38% |
If you're considering investing in Jiangsu Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jiangsu Jiangnan stands at 5.27, as last reported on the 6th of January, with the highest price reaching 5.34 and the lowest price hitting 5.19 during the day. Jiangsu Jiangnan Water holds Efficiency (Sharpe) Ratio of -0.0965, which attests that the entity had a -0.0965% return per unit of risk over the last 3 months. Jiangsu Jiangnan Water exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jiangsu Jiangnan's Standard Deviation of 2.02, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (0.76) to validate the risk estimate we provide.
Jiangsu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jiangsu |
Sharpe Ratio = -0.0965
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 601199 |
Estimated Market Risk
2.02 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Jiangsu Jiangnan is not performing at its full potential. However, 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 Jiangsu Jiangnan by adding Jiangsu Jiangnan to a well-diversified portfolio.
Jiangsu Jiangnan Valuation on August 11, 2023
It is possible to determine the worth of Jiangsu Jiangnan on a given historical date. On August 11, 2023 Jiangsu was worth 6.33 at the beginning of the trading date compared to the closed value of 6.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiangsu Jiangnan stock. Still, in general, we apply an absolute valuation method to find Jiangsu Jiangnan'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 Jiangsu Jiangnan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiangsu Jiangnan's related companies.
Open | High | Low | Close | Volume | |
6.33 | 6.45 | 6.30 | 6.35 | 14,284,440 | |
08/11/2023 | 6.33 | 6.37 | 6.18 | 6.19 | 10,875,540 |
6.15 | 6.23 | 6.12 | 6.22 | 6,710,959 |
Backtest Jiangsu Jiangnan | | | Jiangsu Jiangnan History | | | Jiangsu Jiangnan Valuation | Previous | Next |
Jiangsu Jiangnan Trading Date Momentum on August 11, 2023
On August 14 2023 Jiangsu Jiangnan Water was traded for 6.22 at the closing time. The highest price during the trading period was 6.23 and the lowest recorded bid was listed for 6.12 . The volume for the day was 6.7 M. This history from August 14, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.48% . The trading delta at closing time to the current price is 0.81% . |
Jiangsu Jiangnan Water Fundamentals Correlations and Trends
By evaluating Jiangsu Jiangnan'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 Jiangsu Jiangnan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jiangsu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jiangsu Jiangnan Stock history
Jiangsu Jiangnan 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 Jiangsu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jiangsu Jiangnan Water 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 Jiangsu Jiangnan stock prices may prove useful in developing a viable investing in Jiangsu Jiangnan
Jiangsu Jiangnan Stock Technical Analysis
Jiangsu Jiangnan 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
Jiangsu Jiangnan Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Jiangsu Jiangnan Water 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.
Jiangsu Jiangnan January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Jiangsu Jiangnan stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jiangsu Jiangnan shares will generate the highest return on investment. By undertsting and applying Jiangsu Jiangnan stock market strength indicators, traders can identify Jiangsu Jiangnan Water entry and exit signals to maximize returns
Jiangsu Jiangnan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jiangsu Jiangnan's price direction in advance. Along with the technical and fundamental analysis of Jiangsu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jiangsu 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 | (0.07) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.24) | |||
Treynor Ratio | (0.77) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Jiangsu Stock analysis
When running Jiangsu Jiangnan's price analysis, check to measure Jiangsu Jiangnan'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 Jiangsu Jiangnan is operating at the current time. Most of Jiangsu Jiangnan's value examination focuses on studying past and present price action to predict the probability of Jiangsu Jiangnan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jiangsu Jiangnan's price. Additionally, you may evaluate how the addition of Jiangsu Jiangnan to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |