Broadex Technologies (China) Price on May 21, 2024
| 300548 Stock | 22.33 1.26 5.34% |
Below is the normalized historical share price chart for Broadex Technologies Co extending back to October 12, 2016. 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 Broadex Technologies stands at 22.33, as last reported on the 23rd of November, with the highest price reaching 23.76 and the lowest price hitting 22.30 during the day.
If you're considering investing in Broadex Stock, it is important to understand the factors that can impact its price. Broadex Technologies appears to be somewhat reliable, given 3 months investment horizon. Broadex Technologies secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. By analyzing Broadex Technologies' technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of Broadex Technologies' Risk Adjusted Performance of 0.0894, downside deviation of 4.38, and Mean Deviation of 2.93 to double-check if our risk estimates are consistent with your expectations.
At present, Broadex Technologies' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 209.7 M, whereas Other Stockholder Equity is forecasted to decline to about 1.9 M. . Broadex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 21.9173 | 50 Day MA 21.9866 | Beta 0.263 |
Broadex |
Sharpe Ratio = 0.1132
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 300548 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.66 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Broadex Technologies 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 Broadex Technologies by adding it to a well-diversified portfolio.
Price Book 3.8251 | Enterprise Value Ebitda 96.1461 | Price Sales 3.9668 | Shares Float 190.5 M | Dividend Share 0.08 |
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Broadex Technologies Valuation on May 21, 2024
It is possible to determine the worth of Broadex Technologies on a given historical date. On May 21, 2024 Broadex was worth 22.76 at the beginning of the trading date compared to the closed value of 22.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Broadex Technologies stock. Still, in general, we apply an absolute valuation method to find Broadex Technologies' 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 Broadex Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Broadex Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 22.31 | 22.85 | 22.07 | 22.63 | 12,962,100 | |
05/21/2024 | 22.76 | 22.76 | 22.19 | 22.32 | 8,931,026 |
| 22.26 | 22.52 | 22.02 | 22.44 | 8,034,732 |
| Backtest Broadex Technologies | | | Broadex Technologies History | | | Broadex Technologies Valuation | Previous | Next |
Broadex Technologies Trading Date Momentum on May 21, 2024
| On May 22 2024 Broadex Technologies Co was traded for 22.44 at the closing time. The highest price during the trading period was 22.52 and the lowest recorded bid was listed for 22.02 . The volume for the day was 8 M. This history from May 22, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 0.54% . The overall trading delta to the current price is 9.27% . |
Broadex Technologies Fundamentals Correlations and Trends
By evaluating Broadex Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Broadex Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Broadex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Broadex Technologies Stock history
Broadex Technologies 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 Broadex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Broadex Technologies 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 Broadex Technologies stock prices may prove useful in developing a viable investing in Broadex Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 286.6 M | 207.7 M | |
| Net Income Applicable To Common Shares | 186.8 M | 196.1 M |
Broadex Technologies Quarterly Net Working Capital |
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Broadex Technologies Stock Technical Analysis
Broadex Technologies 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
Broadex Technologies Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Broadex Technologies Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Broadex Technologies November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Broadex Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Broadex Technologies shares will generate the highest return on investment. By undertsting and applying Broadex Technologies stock market strength indicators, traders can identify Broadex Technologies Co entry and exit signals to maximize returns
Broadex Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Broadex Technologies' price direction in advance. Along with the technical and fundamental analysis of Broadex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Broadex 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 | 0.0894 | |||
| Jensen Alpha | 0.5275 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0777 | |||
| Treynor Ratio | (0.84) |
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| Math Transform | ||
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| Volume Indicators |
Complementary Tools for Broadex Stock analysis
When running Broadex Technologies' price analysis, check to measure Broadex Technologies' 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 Broadex Technologies is operating at the current time. Most of Broadex Technologies' value examination focuses on studying past and present price action to predict the probability of Broadex Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadex Technologies' price. Additionally, you may evaluate how the addition of Broadex Technologies to your portfolios can decrease your overall portfolio volatility.
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