Jiangsu Rongtai (China) Price on December 9, 2024
| 605133 Stock | 23.12 0.86 3.86% |
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 Rongtai stands at 23.12, as last reported on the 7th of January, with the highest price reaching 23.14 and the lowest price hitting 22.34 during the day. Jiangsu Rongtai appears to be not too volatile, given 3 months investment horizon. Jiangsu Rongtai Industry holds Efficiency (Sharpe) Ratio of 0.0784, which attests that the entity had a 0.0784% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jiangsu Rongtai Industry, which you can use to evaluate the volatility of the firm. Please utilize Jiangsu Rongtai's Market Risk Adjusted Performance of 0.9448, downside deviation of 3.61, and Risk Adjusted Performance of 0.0791 to validate if our risk estimates are consistent with your expectations.
At present, Jiangsu Rongtai's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 4.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 147.5 M. . Jiangsu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jiangsu |
Sharpe Ratio = 0.0784
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 605133 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.15 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Jiangsu Rongtai 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 Jiangsu Rongtai by adding it to a well-diversified portfolio.
Price Book 1.5865 | Enterprise Value Ebitda 24.5833 | Price Sales 1.8399 | Shares Float 63.9 M | Dividend Share 0.15 |
Jiangsu Rongtai Valuation on December 9, 2024
It is possible to determine the worth of Jiangsu Rongtai on a given historical date. On December 9, 2024 Jiangsu was worth 26.0 at the beginning of the trading date compared to the closed value of 27.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiangsu Rongtai stock. Still, in general, we apply an absolute valuation method to find Jiangsu Rongtai'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 Rongtai where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiangsu Rongtai's related companies.
| Open | High | Low | Close | Volume | |
| 26.69 | 26.80 | 24.85 | 25.56 | 12,791,300 | |
12/09/2024 | 26.00 | 27.29 | 25.70 | 27.08 | 11,026,275 |
| 28.00 | 28.80 | 26.56 | 26.81 | 15,302,678 |
| Backtest Jiangsu Rongtai | | | Jiangsu Rongtai History | | | Jiangsu Rongtai Valuation | Previous | Next |
Jiangsu Rongtai Trading Date Momentum on December 9, 2024
| On December 10 2024 Jiangsu Rongtai Industry was traded for 26.81 at the closing time. The highest price during the trading period was 28.80 and the lowest recorded bid was listed for 26.56 . The volume for the day was 15.3 M. This history from December 10, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.00% . The trading delta at closing time to the current price is 11.37% . |
Jiangsu Rongtai Industry Fundamentals Correlations and Trends
By evaluating Jiangsu Rongtai'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 Rongtai'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 Rongtai Stock history
Jiangsu Rongtai 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 Rongtai Industry 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 Rongtai stock prices may prove useful in developing a viable investing in Jiangsu Rongtai
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 214 M | 147.5 M |
Jiangsu Rongtai Quarterly Net Working Capital |
|
Jiangsu Rongtai Stock Technical Analysis
Jiangsu Rongtai 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 Rongtai Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Jiangsu Rongtai Industry 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 Rongtai January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Jiangsu Rongtai 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 Rongtai shares will generate the highest return on investment. By undertsting and applying Jiangsu Rongtai stock market strength indicators, traders can identify Jiangsu Rongtai Industry entry and exit signals to maximize returns
Jiangsu Rongtai Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jiangsu Rongtai'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 | 0.0791 | |||
| Jensen Alpha | 0.365 | |||
| Total Risk Alpha | 0.2748 | |||
| Sortino Ratio | 0.098 | |||
| Treynor Ratio | 0.9348 |
| 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 Rongtai's price analysis, check to measure Jiangsu Rongtai'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 Rongtai is operating at the current time. Most of Jiangsu Rongtai's value examination focuses on studying past and present price action to predict the probability of Jiangsu Rongtai'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 Rongtai's price. Additionally, you may evaluate how the addition of Jiangsu Rongtai to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |