Xinjiang Goldwind Science Stock Price on July 27, 2021
| XJNGF Stock | USD 0.38 0.00 0.00% |
If you're considering investing in Xinjiang Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Xinjiang Goldwind stands at 0.38, as last reported on the 17th of April 2024, with the highest price reaching 0.38 and the lowest price hitting 0.38 during the day. We consider Xinjiang Goldwind abnormally volatile. Xinjiang Goldwind Science shows Sharpe Ratio of 0.0102, which attests that the company had a 0.0102% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Xinjiang Goldwind Science, which you can use to evaluate the volatility of the company. Please check out Xinjiang Goldwind's Market Risk Adjusted Performance of 0.1468, standard deviation of 2.16, and Mean Deviation of 0.5253 to validate if the risk estimate we provide is consistent with the expected return of 0.0219%.
Xinjiang Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Xinjiang |
Sharpe Ratio = 0.0102
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| Negative Returns | XJNGF |
Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.02 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 Xinjiang Goldwind 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 Xinjiang Goldwind by adding Xinjiang Goldwind to a well-diversified portfolio.
Xinjiang Goldwind Valuation on July 27, 2021
It is possible to determine the worth of Xinjiang Goldwind on a given historical date. On July 27, 2021 Xinjiang was worth 1.5 at the beginning of the trading date compared to the closed value of 1.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Xinjiang Goldwind pink sheet. Still, in general, we apply an absolute valuation method to find Xinjiang Goldwind'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 Xinjiang Goldwind where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Xinjiang Goldwind's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 1.50 | 1.50 | 1.39 | 1.39 | 10.00 |
| 1.54 | 1.54 | 1.43 | 1.43 | 20,000 |
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Xinjiang Goldwind Trading Date Momentum on July 27, 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.Xinjiang Goldwind Science Fundamentals Correlations and Trends
By evaluating Xinjiang Goldwind'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 Xinjiang Goldwind's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Xinjiang financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Xinjiang Goldwind Pink Sheet history
Xinjiang Goldwind 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 Xinjiang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Xinjiang Goldwind Science 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 Xinjiang Goldwind stock prices may prove useful in developing a viable investing in Xinjiang Goldwind
Xinjiang Goldwind Science Technology Co., Ltd., together with its subsidiaries, provides wind power solutions in China and internationally. Xinjiang Goldwind Science Technology Co., Ltd. was founded in 1998 and is based in Urumqi, China. Xinjiang Goldwind operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 10781 people.
Xinjiang Goldwind Pink Sheet Technical Analysis
Xinjiang Goldwind 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
Xinjiang Goldwind Period Price Range
Low | April 4, 2022
| High |
1.50 | 1.39 |
Xinjiang Goldwind April 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Xinjiang Goldwind 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 Xinjiang Goldwind shares will generate the highest return on investment. By undertsting and applying Xinjiang Goldwind pink sheet market strength indicators, traders can identify Xinjiang Goldwind Science entry and exit signals to maximize returns
Xinjiang Goldwind Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Xinjiang Goldwind's price direction in advance. Along with the technical and fundamental analysis of Xinjiang Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Xinjiang 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 | 0.0135 | |||
| Jensen Alpha | 0.0079 | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | 0.1368 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Xinjiang Goldwind Science. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Xinjiang Goldwind Science information on this page should be used as a complementary analysis to other Xinjiang Goldwind's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Xinjiang Pink Sheet analysis
When running Xinjiang Goldwind's price analysis, check to measure Xinjiang Goldwind'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 Xinjiang Goldwind is operating at the current time. Most of Xinjiang Goldwind's value examination focuses on studying past and present price action to predict the probability of Xinjiang Goldwind's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Xinjiang Goldwind's price. Additionally, you may evaluate how the addition of Xinjiang Goldwind to your portfolios can decrease your overall portfolio volatility.
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