Jerash Holdings Stock Price on August 12, 2021
| JRSH Stock | USD 2.97 0.01 0.34% |
Below is the normalized historical share price chart for Jerash Holdings extending back to May 04, 2018. 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 Jerash Holdings stands at 2.97, as last reported on the 19th of April, with the highest price reaching 2.98 and the lowest price hitting 2.97 during the day.
If you're considering investing in Jerash Stock, it is important to understand the factors that can impact its price. We consider Jerash Holdings somewhat reliable. Jerash Holdings holds Efficiency (Sharpe) Ratio of 0.0222, which attests that the entity had a 0.0222% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jerash Holdings, which you can use to evaluate the volatility of the firm. Please check out Jerash Holdings' Risk Adjusted Performance of 0.0236, market risk adjusted performance of 0.1066, and Downside Deviation of 1.76 to validate if the risk estimate we provide is consistent with the expected return of 0.0314%.
As of now, Jerash Holdings' Other Stockholder Equity is increasing as compared to previous years. The Jerash Holdings' current Stock Based Compensation is estimated to increase to about 722.1 K, while Total Stockholder Equity is projected to decrease to under 46.1 M. . As of now, Jerash Holdings' Price To Operating Cash Flows Ratio is decreasing as compared to previous years. The Jerash Holdings' current Price To Free Cash Flows Ratio is estimated to increase to 11.22, while Price To Sales Ratio is projected to decrease to 0.47. Jerash Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of May 2018 | 200 Day MA 3.1722 | 50 Day MA 3.0304 | Beta 0.806 |
Jerash |
Sharpe Ratio = 0.0222
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Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Jerash Holdings is performing at about 1% 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 Jerash Holdings by adding it to a well-diversified portfolio.
Price Book 0.5479 | Enterprise Value Ebitda 4.0572 | Price Sales 0.3127 | Shares Float 6 M | Dividend Share 0.2 |
Jerash Holdings Valuation on August 12, 2021
It is possible to determine the worth of Jerash Holdings on a given historical date. On August 12, 2021 Jerash was worth 6.26 at the beginning of the trading date compared to the closed value of 5.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jerash Holdings stock. Still, in general, we apply an absolute valuation method to find Jerash Holdings' 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 Jerash Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jerash Holdings' related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 6.26 | 6.43 | 5.73 | 5.73 | 41,322 |
| 6.37 | 6.44 | 5.78 | 5.78 | 2,107 |
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Jerash Holdings Trading Date Momentum on August 12, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Jerash Holdings Fundamentals Correlations and Trends
By evaluating Jerash Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Jerash Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jerash financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jerash Holdings Stock history
Jerash Holdings 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 Jerash is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jerash 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 Jerash Holdings stock prices may prove useful in developing a viable investing in Jerash Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 11.4 M | 9.7 M | |
| Net Income Applicable To Common Shares | 2.2 M | 2.1 M |
Jerash Holdings Quarterly Net Working Capital |
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Jerash Holdings Stock Technical Analysis
Jerash Holdings 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
Jerash Holdings Period Price Range
Low | April 4, 2022
| High |
6.26 | 5.73 |
Jerash Holdings April 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Jerash Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jerash Holdings shares will generate the highest return on investment. By undertsting and applying Jerash Holdings stock market strength indicators, traders can identify Jerash Holdings entry and exit signals to maximize returns
Jerash Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jerash Holdings' price direction in advance. Along with the technical and fundamental analysis of Jerash Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jerash 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 | 0.0236 | |||
| Jensen Alpha | 0.0119 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0966 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jerash Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for Jerash Stock analysis
When running Jerash Holdings' price analysis, check to measure Jerash Holdings' 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 Jerash Holdings is operating at the current time. Most of Jerash Holdings' value examination focuses on studying past and present price action to predict the probability of Jerash Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jerash Holdings' price. Additionally, you may evaluate how the addition of Jerash Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Jerash Holdings' 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 Jerash Holdings. If investors know Jerash 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 Jerash Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Dividend Share 0.2 | Earnings Share (0.07) | Revenue Per Share 9.516 | Quarterly Revenue Growth (0.36) |
The market value of Jerash Holdings is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' 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 Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings' 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 Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' 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.