Xinjiang Daqo (China) Price on June 17, 2024

688303 Stock   23.29  0.91  3.76%   
If you're considering investing in Xinjiang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Xinjiang Daqo stands at 23.29, as last reported on the 20th of January, with the highest price reaching 24.40 and the lowest price hitting 23.26 during the day. Xinjiang Daqo New shows Sharpe Ratio of -0.0209, which attests that the company had a -0.0209 % return per unit of risk over the last 3 months. Xinjiang Daqo New exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Xinjiang Daqo's Market Risk Adjusted Performance of (0.10), mean deviation of 2.67, and Standard Deviation of 4.6 to validate the risk estimate we provide.
  
Xinjiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0209

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Estimated Market Risk

 4.6
  actual daily
40
60% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Xinjiang Daqo 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 Xinjiang Daqo by adding Xinjiang Daqo to a well-diversified portfolio.

Xinjiang Daqo Valuation on June 17, 2024

It is possible to determine the worth of Xinjiang Daqo on a given historical date. On June 17, 2024 Xinjiang was worth 24.69 at the beginning of the trading date compared to the closed value of 25.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xinjiang Daqo stock. Still, in general, we apply an absolute valuation method to find Xinjiang Daqo'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 Xinjiang Daqo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xinjiang Daqo's related companies.
 Open High Low Close Volume
  24.74    25.28    24.45    25.24    5,506,725  
06/17/2024
  24.69    26.18    24.69    25.72    5,034,094  
  25.59    25.89    25.26    25.39    3,244,443  
Backtest Xinjiang Daqo  |  Xinjiang Daqo History  |  Xinjiang Daqo Valuation   PreviousNext  
Open Value
24.69
25.72
Closing Value
38.48
Upside

Xinjiang Daqo Trading Date Momentum on June 17, 2024

On June 18 2024 Xinjiang Daqo New was traded for  25.39  at the closing time. The highest price during the trading period was 25.89  and the lowest recorded bid was listed for  25.26 . The volume for the day was 3.2 M. This history from June 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.28% . The trading price change to the current price is 18.55% .

Xinjiang Daqo New Fundamentals Correlations and Trends

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

About Xinjiang Daqo Stock history

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

Xinjiang Daqo Stock Technical Analysis

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

Xinjiang Daqo Period Price Range

Low
January 20, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Xinjiang Daqo New 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.

Xinjiang Daqo January 20, 2025 Market Strength

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

Xinjiang Daqo Technical and Predictive Indicators

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

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