Jinli Group (Taiwan) Price on November 13, 2024

8429 Stock  TWD 12.40  0.30  2.36%   
If you're considering investing in Jinli Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jinli Group stands at 12.40, as last reported on the 16th of December 2024, with the highest price reaching 12.95 and the lowest price hitting 12.35 during the day. Jinli Group appears to be somewhat reliable, given 3 months investment horizon. Jinli Group Holdings holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jinli Group Holdings, which you can use to evaluate the volatility of the firm. Please utilize Jinli Group's Downside Deviation of 2.98, risk adjusted performance of 0.1158, and Market Risk Adjusted Performance of (1.72) to validate if our risk estimates are consistent with your expectations.
  
Jinli Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1449

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Estimated Market Risk

 3.36
  actual daily
29
71% of assets are more volatile

Expected Return

 0.49
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.14
  actual daily
11
89% of assets perform better
Based on monthly moving average Jinli Group is performing at about 11% 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 Jinli Group by adding it to a well-diversified portfolio.

Jinli Group Valuation on November 13, 2024

It is possible to determine the worth of Jinli Group on a given historical date. On November 13, 2024 Jinli was worth 10.5 at the beginning of the trading date compared to the closed value of 10.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jinli Group stock. Still, in general, we apply an absolute valuation method to find Jinli Group'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 Jinli Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jinli Group's related companies.
 Open High Low Close Volume
  10.70    10.90    10.50    10.50    1,107,029  
11/13/2024
  10.50    10.60    10.45    10.50    988,168  
  10.65    10.90    10.55    10.55    1,091,777  
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Open Value
10.5
10.5
Closing Value
20.58
Upside

Jinli Group Trading Date Momentum on November 13, 2024

On November 14 2024 Jinli Group Holdings was traded for  10.55  at the closing time. The highest price during the trading period was 10.90  and the lowest recorded bid was listed for  10.55 . The volume for the day was 1.1 M. This history from November 14, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.48% . The trading delta at closing time to the current price is 15.71% .

Jinli Group Holdings Fundamentals Correlations and Trends

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

About Jinli Group Stock history

Jinli Group 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 Jinli is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jinli Group Holdings 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 Jinli Group stock prices may prove useful in developing a viable investing in Jinli Group
Jinli Group Holdings Limited designs, produces, and sells casual and sports footwear in China. Jinli Group Holdings Limited was founded in 2010 and is headquartered in Grand Cayman, the Cayman Islands. JINLI GROUP is traded on Taiwan Stock Exchange in Taiwan.

Jinli Group Stock Technical Analysis

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

Jinli Group Period Price Range

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December 16, 2024
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Jinli Group Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan 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.

Jinli Group December 16, 2024 Market Strength

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

Jinli Group Technical and Predictive Indicators

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

Additional Tools for Jinli Stock Analysis

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