Xinjiang Daqo (China) Price on October 31, 2024
| 688303 Stock | 25.13 0.22 0.87% |
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 25.13, as last reported on the 19th of December, with the highest price reaching 25.58 and the lowest price hitting 25.00 during the day. Xinjiang Daqo appears to be somewhat reliable, given 3 months investment horizon. Xinjiang Daqo New shows Sharpe Ratio of 0.1, which attests that the company had a 0.1% return per unit of risk over the last 3 months. By examining Xinjiang Daqo's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Xinjiang Daqo's Downside Deviation of 4.0, market risk adjusted performance of (1.23), and Mean Deviation of 3.56 to validate if our risk estimates are consistent with your expectations.
At present, Xinjiang Daqo'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 63.1 B, whereas Common Stock is forecasted to decline to about 1.7 B. . Xinjiang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Xinjiang |
Sharpe Ratio = 0.1044
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688303 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.88 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Xinjiang Daqo is performing at about 8% 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 Xinjiang Daqo by adding it to a well-diversified portfolio.
Price Book 1.2975 | Enterprise Value Ebitda 7.839 | Price Sales 5.7012 | Shares Float 491.2 M | Dividend Share 0.418 |
Xinjiang Daqo Valuation on October 31, 2024
It is possible to determine the worth of Xinjiang Daqo on a given historical date. On October 31, 2024 Xinjiang was worth 33.1 at the beginning of the trading date compared to the closed value of 32.39. 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 | |
| 30.44 | 33.53 | 29.91 | 32.42 | 28,724,248 | |
10/31/2024 | 33.10 | 34.66 | 32.22 | 32.39 | 26,301,946 |
| 32.02 | 32.79 | 31.17 | 31.18 | 16,611,357 |
| Backtest Xinjiang Daqo | | | Xinjiang Daqo History | | | Xinjiang Daqo Valuation | Previous | Next |
Xinjiang Daqo Trading Date Momentum on October 31, 2024
| On November 01 2024 Xinjiang Daqo New was traded for 31.18 at the closing time. The highest price during the trading period was 32.79 and the lowest recorded bid was listed for 31.17 . The volume for the day was 16.6 M. This history from November 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.74% . The trading price change to the current price is 8.61% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.1 B | 2 B |
Xinjiang Daqo Quarterly Net Working Capital |
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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.
Price Boundaries
Xinjiang Daqo Period Price Range
Low | December 19, 2024
| 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 December 19, 2024 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.
| Risk Adjusted Performance | 0.1042 | |||
| Jensen Alpha | 0.6764 | |||
| Total Risk Alpha | 0.5309 | |||
| Sortino Ratio | 0.1619 | |||
| Treynor Ratio | (1.24) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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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