Jilin OLED (China) Price on November 10, 2024

688378 Stock   21.44  0.16  0.74%   
If you're considering investing in Jilin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jilin OLED stands at 21.44, as last reported on the 27th of March, with the highest price reaching 21.78 and the lowest price hitting 21.12 during the day. Jilin OLED Material holds Efficiency (Sharpe) Ratio of -0.0192, which attests that the entity had a -0.0192 % return per unit of risk over the last 3 months. Jilin OLED Material exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jilin OLED's Standard Deviation of 3.17, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of (8.04) to validate the risk estimate we provide.
  
Jilin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0192

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Estimated Market Risk

 3.17
  actual daily
28
72% of assets are more volatile

Expected Return

 -0.06
  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 Jilin OLED 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 Jilin OLED by adding Jilin OLED to a well-diversified portfolio.

Jilin OLED Valuation on November 10, 2024

It is possible to determine the worth of Jilin OLED on a given historical date. On November 10, 2024 Jilin was worth 22.99 at the beginning of the trading date compared to the closed value of 23.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jilin OLED stock. Still, in general, we apply an absolute valuation method to find Jilin OLED'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 Jilin OLED where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jilin OLED's related companies.
 Open High Low Close Volume
  22.15    22.75    21.87    22.72    4,918,633  
11/08/2024
  22.99    25.08    22.99    23.77    12,521,267  
  23.90    25.65    23.90    25.51    13,575,785  
Backtest Jilin OLED  |  Jilin OLED History  |  Jilin OLED Valuation   PreviousNext  
Open Value
22.99
23.77
Closing Value
32.50
Upside

Jilin OLED Trading Date Momentum on November 10, 2024

On November 11 2024 Jilin OLED Material was traded for  25.51  at the closing time. The highest price during the trading period was 25.65  and the lowest recorded bid was listed for  23.90 . The volume for the day was 13.6 M. This history from November 11, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 7.32% . The trading delta at closing time to the current price is 11.78% .

Jilin OLED Material Fundamentals Correlations and Trends

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

About Jilin OLED Stock history

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

Jilin OLED Stock Technical Analysis

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

Jilin OLED Period Price Range

Low
March 27, 2025
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High

 0.00 

     

 0.00 

Jilin OLED Material 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.

Jilin OLED March 27, 2025 Market Strength

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

Jilin OLED Technical and Predictive Indicators

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

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