The company retains Market Volatility (i.e. Beta) of 0.2198 which attests that as returns on market increase, Jianpu Technology returns are expected to increase less than the market. However during bear market, the loss on holding Jianpu Technology will be expected to be smaller as well. Even though it is essential to pay attention to Jianpu Technology
current price history, it is always good to be careful when utilizing equity current price movements. Macroaxis philosophy towards determining future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Jianpu Technology exposes twenty-one different technical indicators which can help you to evaluate its performance. Jianpu Technology
has expected return of -0.7949%. Please be advised to check out Jianpu Technology Standard Deviation
as well as the relationship
between Maximum Drawdown
and Expected Short fall
to decide if Jianpu Technology
past performance will be repeated at some point in the near future.
Over the last 30 days Jianpu Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's essential indicators remain comparatively unchanging which may send shares a bit higher in November 2019. The late uproar may also be a sign of mid-term up-swing for the firm leadership.
|Fifty Two Week Low||2.0400|
|Target High Price||5.70|
|Fifty Two Week High||7.9700|
|Target Low Price||2.72|