Jiayin Group Stock Price on April 16, 2024
| JFIN Stock | USD 6.46 0.19 2.86% |
Below is the normalized historical share price chart for Jiayin Group extending back to May 10, 2019. 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 Jiayin stands at 6.46, as last reported on the 23rd of May, with the highest price reaching 6.78 and the lowest price hitting 6.46 during the day.
If you're considering investing in Jiayin Stock, it is important to understand the factors that can impact its price. Jiayin appears to be somewhat reliable, given 3 months investment horizon. Jiayin Group holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jiayin Group, which you can use to evaluate the volatility of the firm. Please utilize Jiayin's Downside Deviation of 2.76, market risk adjusted performance of 0.2736, and Risk Adjusted Performance of 0.0733 to validate if our risk estimates are consistent with your expectations.
At this time, Jiayin's Total Stockholder Equity is very stable compared to the past year. As of the 23rd of May 2024, Common Stock Shares Outstanding is likely to grow to about 58.9 M, though Other Stockholder Equity is likely to grow to (1.4 B). . At this time, Jiayin's Price Earnings Ratio is very stable compared to the past year. As of the 23rd of May 2024, Price Book Value Ratio is likely to grow to 1.49, while Price To Sales Ratio is likely to drop 0.34. Jiayin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of May 2019 | 200 Day MA 5.6811 | 50 Day MA 6.7138 | Beta 0.96 |
Jiayin |
Sharpe Ratio = 0.1083
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Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Jiayin is performing at about 8% 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 Jiayin by adding it to a well-diversified portfolio.
Price Book 1.2245 | Enterprise Value Ebitda 0.2275 | Price Sales 0.0634 | Shares Float 41.8 M | Dividend Share 5.673 |
Jiayin Valuation on April 16, 2024
It is possible to determine the worth of Jiayin on a given historical date. On April 16, 2024 Jiayin was worth 6.42 at the beginning of the trading date compared to the closed value of 6.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jiayin stock. Still, in general, we apply an absolute valuation method to find Jiayin'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 Jiayin where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jiayin's related companies.
| Open | High | Low | Close | Volume | |
| 6.47 | 6.49 | 6.32 | 6.44 | 52,919 | |
04/16/2024 | 6.42 | 6.42 | 6.11 | 6.36 | 41,901 |
| 6.40 | 6.49 | 6.27 | 6.37 | 30,454 |
| Backtest Jiayin | | | Jiayin History | | | Jiayin Valuation | Previous | Next |
Jiayin Trading Date Momentum on April 16, 2024
| On April 17 2024 Jiayin Group was traded for 6.37 at the closing time. The top price for the day was 6.49 and the lowest listed price was 6.27 . The trading volume for the day was 30.5 K. The trading history from April 17, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.16% . The trading delta at closing time against the current closing price is 2.04% . |
Jiayin Group Fundamentals Correlations and Trends
By evaluating Jiayin'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 Jiayin's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jiayin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jiayin Stock history
Jiayin 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 Jiayin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jiayin Group 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 Jiayin stock prices may prove useful in developing a viable investing in Jiayin
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 53.5 M | 58.9 M | |
| Net Income Applicable To Common Shares | 1.4 B | 1.4 B |
Jiayin Stock Technical Analysis
Jiayin 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
Jiayin Period Price Range
Low | April 16, 2024
| High |
6.42 | 6.36 |
Jiayin May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Jiayin stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jiayin shares will generate the highest return on investment. By undertsting and applying Jiayin stock market strength indicators, traders can identify Jiayin Group entry and exit signals to maximize returns
| Accumulation Distribution | 2023.26 | |||
| Daily Balance Of Power | (0.19) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 6.27 | |||
| Day Typical Price | 6.3 | |||
| Price Action Indicator | 0.065 | |||
| Period Momentum Indicator | 0.1 |
Jiayin Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jiayin's price direction in advance. Along with the technical and fundamental analysis of Jiayin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jiayin 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 | 0.0733 | |||
| Jensen Alpha | 0.2537 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0992 | |||
| Treynor Ratio | 0.2636 |
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| Math Transform | ||
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jiayin Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for Jiayin Stock analysis
When running Jiayin's price analysis, check to measure Jiayin'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 Jiayin is operating at the current time. Most of Jiayin's value examination focuses on studying past and present price action to predict the probability of Jiayin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jiayin's price. Additionally, you may evaluate how the addition of Jiayin to your portfolios can decrease your overall portfolio volatility.
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Is Jiayin'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 Jiayin. If investors know Jiayin 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 Jiayin 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 (0.31) | Dividend Share 5.673 | Earnings Share 3.41 | Revenue Per Share 102.186 | Quarterly Revenue Growth 0.518 |
The market value of Jiayin Group is measured differently than its book value, which is the value of Jiayin that is recorded on the company's balance sheet. Investors also form their own opinion of Jiayin's value that differs from its market value or its book value, called intrinsic value, which is Jiayin'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 Jiayin's market value can be influenced by many factors that don't directly affect Jiayin'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 Jiayin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jiayin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jiayin'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.