Xinyi Glass Holdings Stock Price on October 21, 2024
| XYIGF Stock | USD 1.05 0.10 10.53% |
If you're considering investing in Xinyi Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Xinyi Glass stands at 1.05, as last reported on the 14th of December 2024, with the highest price reaching 1.05 and the lowest price hitting 1.05 during the day. Xinyi Glass appears to be abnormally volatile, given 3 months investment horizon. Xinyi Glass Holdings shows Sharpe Ratio of 0.0887, which attests that the company had a 0.0887% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Xinyi Glass Holdings, which you can use to evaluate the volatility of the company. Please utilize Xinyi Glass' Downside Deviation of 5.01, market risk adjusted performance of 0.4979, and Mean Deviation of 1.69 to validate if our risk estimates are consistent with your expectations.
Xinyi Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Xinyi |
Sharpe Ratio = 0.0887
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Estimated Market Risk
| 5.08 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.45 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Xinyi Glass 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 Xinyi Glass by adding it to a well-diversified portfolio.
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Xinyi Glass Valuation on October 21, 2024
It is possible to determine the worth of Xinyi Glass on a given historical date. On October 21, 2024 Xinyi was worth 1.07 at the beginning of the trading date compared to the closed value of 1.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xinyi Glass pink sheet. Still, in general, we apply an absolute valuation method to find Xinyi Glass' 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 Xinyi Glass where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xinyi Glass' related companies.
| Open | High | Low | Close | Volume | |
| 1.07 | 1.07 | 1.07 | 1.07 | 1.00 | |
10/21/2024 | 1.07 | 1.07 | 1.07 | 1.07 | 1.00 |
| 1.08 | 1.08 | 1.08 | 1.08 | 580.00 |
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Xinyi Glass Trading Date Momentum on October 21, 2024
| On October 22 2024 Xinyi Glass Holdings was traded for 1.08 at the closing time. The highest daily price throughout the period was 1.08 and the lowest price was 1.08 . The daily volume was 580. The net trading volume on 10/22/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 0.93% . The trading price change to current closing price is 0.93% . |
Xinyi Glass Holdings Fundamentals Correlations and Trends
By evaluating Xinyi Glass' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Xinyi Glass' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xinyi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xinyi Glass Pink Sheet history
Xinyi Glass 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 Xinyi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xinyi Glass 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 Xinyi Glass stock prices may prove useful in developing a viable investing in Xinyi Glass
Xinyi Glass Holdings Limited, an investment holding company, produces and sells automobile, construction, float, and other glass products for commercial and industrial applications. The company was founded in 1988 and is headquartered in Kwun Tong, Hong Kong. Xinyi Glass operates under Building Materials classification in the United States and is traded on OTC Exchange. It employs 14798 people.
Xinyi Glass Pink Sheet Technical Analysis
Xinyi Glass 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.
Price Boundaries
Xinyi Glass Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Xinyi Glass Holdings 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.
Xinyi Glass December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Xinyi Glass 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 Xinyi Glass shares will generate the highest return on investment. By undertsting and applying Xinyi Glass pink sheet market strength indicators, traders can identify Xinyi Glass Holdings entry and exit signals to maximize returns
Xinyi Glass Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xinyi Glass' price direction in advance. Along with the technical and fundamental analysis of Xinyi Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xinyi 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 | 0.0724 | |||
| Jensen Alpha | 0.354 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0687 | |||
| Treynor Ratio | 0.4879 |
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Complementary Tools for Xinyi Pink Sheet analysis
When running Xinyi Glass' price analysis, check to measure Xinyi Glass' 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 Xinyi Glass is operating at the current time. Most of Xinyi Glass' value examination focuses on studying past and present price action to predict the probability of Xinyi Glass' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinyi Glass' price. Additionally, you may evaluate how the addition of Xinyi Glass to your portfolios can decrease your overall portfolio volatility.
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