Jiangsu Xinri (China) Price on February 29, 2024

603787 Stock   9.73  0.38  3.76%   
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 Xinri stands at 9.73, as last reported on the 11th of January 2025, with the highest price reaching 10.15 and the lowest price hitting 9.73 during the day. Jiangsu Xinri E holds Efficiency (Sharpe) Ratio of -0.0627, which attests that the entity had a -0.0627% return per unit of risk over the last 3 months. Jiangsu Xinri E exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jiangsu Xinri's Standard Deviation of 2.28, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of 1.0 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.

Sharpe Ratio = -0.0627

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Estimated Market Risk

 2.28
  actual daily
20
80% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Jiangsu Xinri 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 Xinri by adding Jiangsu Xinri to a well-diversified portfolio.

Jiangsu Xinri Valuation on February 29, 2024

It is possible to determine the worth of Jiangsu Xinri on a given historical date. On February 29, 2024 Jiangsu was worth 9.37 at the beginning of the trading date compared to the closed value of 9.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiangsu Xinri stock. Still, in general, we apply an absolute valuation method to find Jiangsu Xinri'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 Xinri where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiangsu Xinri's related companies.
 Open High Low Close Volume
  10.55    10.69    9.42    9.45    6,340,876  
02/29/2024
  9.37    9.83    9.30    9.83    4,265,209  
  9.83    10.19    9.75    10.12    3,979,009  
Backtest Jiangsu Xinri  |  Jiangsu Xinri History  |  Jiangsu Xinri Valuation   PreviousNext  
Open Value
9.37
9.83
Closing Value
16.20
Upside

Jiangsu Xinri Trading Date Momentum on February 29, 2024

On March 01 2024 Jiangsu Xinri E Vehicle was traded for  10.12  at the closing time. The highest price during the trading period was 10.19  and the lowest recorded bid was listed for  9.75 . The volume for the day was 4 M. This history from March 1, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.95% . The trading delta at closing time to the current price is 2.03% .

Jiangsu Xinri E Fundamentals Correlations and Trends

By evaluating Jiangsu Xinri'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 Xinri'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 Xinri Stock history

Jiangsu Xinri 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 Xinri E 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 Xinri stock prices may prove useful in developing a viable investing in Jiangsu Xinri

Jiangsu Xinri Stock Technical Analysis

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

Jiangsu Xinri Period Price Range

Low
January 11, 2025
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High

 0.00 

     

 0.00 

Jiangsu Xinri E Vehicle 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 Xinri January 11, 2025 Market Strength

Market strength indicators help investors to evaluate how Jiangsu Xinri 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 Xinri shares will generate the highest return on investment. By undertsting and applying Jiangsu Xinri stock market strength indicators, traders can identify Jiangsu Xinri E Vehicle entry and exit signals to maximize returns

Jiangsu Xinri Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Jiangsu Xinri'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.

Complementary Tools for Jiangsu Stock analysis

When running Jiangsu Xinri's price analysis, check to measure Jiangsu Xinri'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 Xinri is operating at the current time. Most of Jiangsu Xinri's value examination focuses on studying past and present price action to predict the probability of Jiangsu Xinri'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 Xinri's price. Additionally, you may evaluate how the addition of Jiangsu Xinri to your portfolios can decrease your overall portfolio volatility.
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