Jrsis Health Care Stock Price on May 16, 2024

JRSS Stock  USD 0.15  0.02  11.76%   
If you're considering investing in JRSIS Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of JRSIS Health stands at 0.15, as last reported on the 20th of December, with the highest price reaching 0.15 and the lowest price hitting 0.15 during the day. JRSIS Health Care holds Efficiency (Sharpe) Ratio of -0.0121, which attests that the entity had a -0.0121% return per unit of volatility over the last 3 months. JRSIS Health Care exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JRSIS Health's risk adjusted performance of (0), and Market Risk Adjusted Performance of 0.2911 to validate the risk estimate we provide.
  
JRSIS Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0121

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Estimated Market Risk

 15.88
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average JRSIS Health 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 JRSIS Health by adding JRSIS Health to a well-diversified portfolio.

Related Headline

Brookdale Senior Headline on 16th of May 2024

Filed transaction by Brookdale Senior Living Officer Division Vice President. Grant, award or other acquisition pursuant to Rule 16b-3

JRSIS Health Valuation on May 16, 2024

It is possible to determine the worth of JRSIS Health on a given historical date. On May 16, 2024 JRSIS was worth 0.89 at the beginning of the trading date compared to the closed value of 0.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JRSIS Health pink sheet. Still, in general, we apply an absolute valuation method to find JRSIS Health'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 JRSIS Health where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JRSIS Health's related companies.
 Open High Low Close Volume
  0.89    0.89    0.89    0.89    1.00  
05/16/2024
  0.89    0.89    0.89    0.89    1.00  
  0.89    0.89    0.89    0.89    1.00  
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Open Value
0.89
0.89
Closing Value
48.52
Upside

JRSIS Health Trading Date Momentum on May 16, 2024

On May 17 2024 JRSIS Health Care was traded for  0.89  at the closing time. The top price for the day was 0.89  and the lowest listed price was  0.89 . There was no trading activity during the period 1.0. Lack of trading volume on May 17, 2024 did not cause price change. The trading delta at closing time against the current closing price is 1.12% .

JRSIS Health Care Fundamentals Correlations and Trends

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

About JRSIS Health Pink Sheet history

JRSIS Health 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 JRSIS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JRSIS Health Care 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 JRSIS Health stock prices may prove useful in developing a viable investing in JRSIS Health
JRSIS Health Care Corporation provides a range of medical services in Harbin in the Heilongjiang Province of the Peoples Republic of China. JRSIS Health Care Corporation was founded in 2006 and is based in Harbin, the Peoples Republic of China. Jrsis Health operates under Medical Care Facilities classification in the United States and is traded on OTC Exchange. It employs 963 people.

JRSIS Health Pink Sheet Technical Analysis

JRSIS Health technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of JRSIS Health technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of JRSIS Health 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

JRSIS Health Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

JRSIS Health Care cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.

JRSIS Health December 20, 2024 Market Strength

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

JRSIS Health Technical and Predictive Indicators

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

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