China Jo Jo Drugstores Stock Price on October 14, 2024

CJJD Stock  USD 1.87  0.13  6.50%   
Below is the normalized historical share price chart for China Jo Jo Drugstores extending back to May 16, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of China Jo stands at 1.87, as last reported on the 11th of December 2024, with the highest price reaching 2.00 and the lowest price hitting 1.87 during the day.
IPO Date
16th of May 2008
200 Day MA
2.3737
50 Day MA
2.0738
Beta
(0.04)
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Jo appears to be dangerous, given 3 months investment horizon. China Jo Jo secures Sharpe Ratio (or Efficiency) of 0.0802, which signifies that the company had a 0.0802% return per unit of risk over the last 3 months. By analyzing China Jo's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please makes use of China Jo's Downside Deviation of 5.49, risk adjusted performance of 0.0727, and Mean Deviation of 4.64 to double-check if our risk estimates are consistent with your expectations.
  
At present, China Jo's Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 90.7 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 67.2 M. . At present, China Jo's Price To Book Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 392.28, whereas Price Earnings Ratio is forecasted to decline to (21.91). China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0802

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Estimated Market Risk

 6.9
  actual daily
61
61% of assets are less volatile

Expected Return

 0.55
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average China Jo 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 China Jo by adding it to a well-diversified portfolio.
Price Book
0.8059
Enterprise Value Ebitda
29.0783
Price Sales
0.0816
Shares Float
950.8 K
Wall Street Target Price
7

China Jo Valuation on October 14, 2024

It is possible to determine the worth of China Jo on a given historical date. On October 14, 2024 China was worth 1.87 at the beginning of the trading date compared to the closed value of 1.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of China Jo stock. Still, in general, we apply an absolute valuation method to find China Jo'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 China Jo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against China Jo's related companies.
 Open High Low Close Volume
  1.87    2.00    1.87    1.90    9,240  
10/14/2024
  1.87    1.88    1.75    1.77    10,332  
  1.74    1.88    1.70    1.82    7,296  
Backtest China Jo  |  China Jo History  |  China Jo Valuation   PreviousNext  
Open Value
1.87
1.77
Closing Value
22.57
Upside

China Jo Trading Date Momentum on October 14, 2024

On October 15 2024 China Jo Jo Drugstores was traded for  1.82  at the closing time. The top price for the day was 1.88  and the lowest listed price was  1.70 . The trading volume for the day was 7.3 K. The trading history from October 15, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 2.82% . The overall trading delta against the current closing price is 2.82% .

China Jo Jo Fundamentals Correlations and Trends

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

About China Jo Stock history

China Jo 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 China is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in China Jo Jo 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 China Jo stock prices may prove useful in developing a viable investing in China Jo
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.4 M1.1 M
Net Loss-19 M-18.1 M

China Jo Stock Technical Analysis

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

China Jo Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

China Jo Jo Drugstores cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

China Jo December 11, 2024 Market Strength

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

China Jo Technical and Predictive Indicators

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

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