Jinhui Mining (China) Price on September 8, 2023

603132 Stock   11.89  0.05  0.42%   
If you're considering investing in Jinhui Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jinhui Mining stands at 11.89, as last reported on the 10th of December, with the highest price reaching 12.05 and the lowest price hitting 11.80 during the day. Jinhui Mining appears to be somewhat reliable, given 3 months investment horizon. Jinhui Mining holds Efficiency (Sharpe) Ratio of 0.087, which attests that the entity had a 0.087% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jinhui Mining, which you can use to evaluate the volatility of the firm. Please utilize Jinhui Mining's Risk Adjusted Performance of 0.0467, downside deviation of 2.43, and Market Risk Adjusted Performance of (0.43) to validate if our risk estimates are consistent with your expectations.
  
As of December 10, 2024, Total Stockholder Equity is expected to decline to about 2.6 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 1 B. Jinhui Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.087

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Estimated Market Risk

 2.5
  actual daily
22
78% of assets are more volatile

Expected Return

 0.22
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
6
94% of assets perform better
Based on monthly moving average Jinhui Mining 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 Jinhui Mining by adding it to a well-diversified portfolio.
Price Book
3.6951
Book Value
3.204
Enterprise Value
13.4 B
Enterprise Value Ebitda
22.0192
Price Sales
7.6075

Jinhui Mining Valuation on September 8, 2023

It is possible to determine the worth of Jinhui Mining on a given historical date. On September 8, 2023 Jinhui was worth 13.0 at the beginning of the trading date compared to the closed value of 12.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jinhui Mining stock. Still, in general, we apply an absolute valuation method to find Jinhui Mining'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 Jinhui Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jinhui Mining's related companies.
 Open High Low Close Volume
  13.12    13.20    12.89    12.95    2,759,621  
09/08/2023
  13.00    13.05    12.83    12.90    1,709,300  
  12.88    13.08    12.82    13.01    1,971,100  
Backtest Jinhui Mining  |  Jinhui Mining History  |  Jinhui Mining Valuation   PreviousNext  
Open Value
13.0
12.9
Closing Value
20.50
Upside

Jinhui Mining Trading Date Momentum on September 8, 2023

On September 11 2023 Jinhui Mining Co was traded for  13.01  at the closing time. The highest price during the trading period was 13.08  and the lowest recorded bid was listed for  12.82 . The volume for the day was 2 M. This history from September 11, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.85% . The trading delta at closing time to the current price is 1.47% .

Jinhui Mining Fundamentals Correlations and Trends

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

About Jinhui Mining Stock history

Jinhui Mining 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 Jinhui is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jinhui 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 Jinhui Mining stock prices may prove useful in developing a viable investing in Jinhui Mining
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.1 BB
Net Income Applicable To Common Shares540.4 M400.6 M

Jinhui Mining Stock Technical Analysis

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

Jinhui Mining Period Price Range

Low
December 10, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Jinhui Mining 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.

Jinhui Mining December 10, 2024 Market Strength

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

Jinhui Mining Technical and Predictive Indicators

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

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