China Jo Jo Drugstores Stock Price on January 26, 2024
| CJJD Stock | USD 2.37 0.07 3.04% |
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 2.37, as last reported on the 3rd of May, with the highest price reaching 2.37 and the lowest price hitting 2.24 during the day.
If you're considering investing in China Stock, it is important to understand the factors that can impact its price. China Jo Jo secures Sharpe Ratio (or Efficiency) of -0.0745, which signifies that the company had a -0.0745% return per unit of risk over the last 3 months. China Jo Jo Drugstores exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm China Jo's Risk Adjusted Performance of (0.05), standard deviation of 5.6, and Mean Deviation of 3.88 to double-check the risk estimate we provide.
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 Common Stock Shares Outstanding is expected to grow to about 814.8 K, whereas Liabilities And Stockholders Equity is forecasted to decline to about 65 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 about 68.7 K, whereas Price Earnings Ratio is projected to grow to (3.5 K). China Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 16th of May 2008 | 200 Day MA 4.4658 | 50 Day MA 3.1032 | Beta (0.02) |
China |
Sharpe Ratio = -0.0745
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Estimated Market Risk
| 5.67 actual daily | 50 50% of assets are less volatile |
Expected Return
| -0.42 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average China Jo 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 China Jo by adding China Jo to a well-diversified portfolio.
Price Book 0.2803 | Enterprise Value Ebitda (1.42) | Price Sales 0.0326 | Shares Float 1.3 M | Wall Street Target Price 7 |
China Jo Valuation on January 26, 2024
It is possible to determine the worth of China Jo on a given historical date. On January 26, 2024 China was worth 0.18 at the beginning of the trading date compared to the closed value of 3.65. 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 | |
| 0.18 | 3.60 | 3.60 | 3.60 | 2,758 | |
01/26/2024 | 0.18 | 3.65 | 3.65 | 3.65 | 7,148 |
| 0.18 | 3.58 | 3.58 | 3.58 | 3,855 |
| Backtest China Jo | | | China Jo History | | | China Jo Valuation | Previous | Next |
China Jo Trading Date Momentum on January 26, 2024
| On January 29 2024 China Jo Jo Drugstores was traded for 3.58 at the closing time. The top price for the day was 3.58 and the lowest listed price was 3.58 . The trading volume for the day was 3.9 K. The trading history from January 29, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.92% . The overall trading delta against the current closing price is 95.34% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 458.8 K | 814.8 K | |
| 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.
Price Boundaries
China Jo Period Price Range
Low | January 26, 2024
| High |
0.18 | 3.65 |
China Jo May 3, 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
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 20.28 | |||
| Day Median Price | 3.65 | |||
| Day Typical Price | 3.65 | |||
| Price Action Indicator | 1.74 | |||
| Period Momentum Indicator | (1.28) | |||
| Relative Strength Index | 37.87 |
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.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | 0.9795 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in China Jo Jo Drugstores. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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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Is China Jo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of China Jo. If investors know China will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about China Jo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.40) | Revenue Per Share 155.543 | Quarterly Revenue Growth 0.08 | Return On Assets (0.12) | Return On Equity (1.09) |
The market value of China Jo Jo is measured differently than its book value, which is the value of China that is recorded on the company's balance sheet. Investors also form their own opinion of China Jo's value that differs from its market value or its book value, called intrinsic value, which is China Jo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because China Jo's market value can be influenced by many factors that don't directly affect China Jo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between China Jo's value and its price as these two are different measures arrived at by different means. Investors typically determine if China Jo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, China Jo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.