Zhangjiagang Elegant (China) Price on December 13, 2024

603221 Stock   8.61  0.46  5.07%   
If you're considering investing in Zhangjiagang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Zhangjiagang Elegant stands at 8.61, as last reported on the 5th of January, with the highest price reaching 9.17 and the lowest price hitting 8.57 during the day. Zhangjiagang Elegant Home shows Sharpe Ratio of -0.0873, which attests that the company had a -0.0873% return per unit of risk over the last 3 months. Zhangjiagang Elegant Home exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Zhangjiagang Elegant's Standard Deviation of 2.91, mean deviation of 2.03, and Market Risk Adjusted Performance of (0.64) to validate the risk estimate we provide.
  
Zhangjiagang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0873

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Estimated Market Risk

 2.91
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.25
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average Zhangjiagang Elegant 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 Zhangjiagang Elegant by adding Zhangjiagang Elegant to a well-diversified portfolio.

Zhangjiagang Elegant Valuation on December 13, 2024

It is possible to determine the worth of Zhangjiagang Elegant on a given historical date. On December 13, 2024 Zhangjiagang was worth 11.61 at the beginning of the trading date compared to the closed value of 11.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Zhangjiagang Elegant stock. Still, in general, we apply an absolute valuation method to find Zhangjiagang Elegant'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 Zhangjiagang Elegant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Zhangjiagang Elegant's related companies.
 Open High Low Close Volume
  10.30    11.39    10.30    11.39    12,064,231  
12/13/2024
  11.61    12.11    11.14    11.22    24,506,442  
  11.37    11.53    10.89    11.02    12,235,525  
Backtest Zhangjiagang Elegant  |  Zhangjiagang Elegant History  |  Zhangjiagang Elegant Valuation   PreviousNext  
Open Value
11.61
11.22
Closing Value
20.34
Upside

Zhangjiagang Elegant Trading Date Momentum on December 13, 2024

On December 16 2024 Zhangjiagang Elegant Home was traded for  11.02  at the closing time. The highest price during the trading period was 11.53  and the lowest recorded bid was listed for  10.89 . The volume for the day was 12.2 M. This history from December 16, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.78% . The trading date delta to the current price is 9.54% .

Zhangjiagang Elegant Home Fundamentals Correlations and Trends

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

About Zhangjiagang Elegant Stock history

Zhangjiagang Elegant 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 Zhangjiagang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Zhangjiagang Elegant Home 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 Zhangjiagang Elegant stock prices may prove useful in developing a viable investing in Zhangjiagang Elegant

Zhangjiagang Elegant Stock Technical Analysis

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

Zhangjiagang Elegant Period Price Range

Low
January 5, 2025
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High

 0.00 

     

 0.00 

Zhangjiagang Elegant Home 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.

Zhangjiagang Elegant January 5, 2025 Market Strength

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

Zhangjiagang Elegant Technical and Predictive Indicators

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

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