Shanghai Broadband (China) Price on August 14, 2023

600608 Stock   3.05  0.15  5.17%   
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. As of today, the current price of Shanghai Broadband stands at 3.05, as last reported on the 3rd of May, with the highest price reaching 3.05 and the lowest price hitting 2.82 during the day. At this point, Shanghai Broadband is relatively risky. Shanghai Broadband owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0415, which indicates the firm had a 0.0415 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Shanghai Broadband Technology, which you can use to evaluate the volatility of the company. Please validate Shanghai Broadband's Variance of 8.22, coefficient of variation of (3,254), and Risk Adjusted Performance of (0.05) to confirm if the risk estimate we provide is consistent with the expected return of 0.11%.
  
As of May 3, 2025, Total Stockholder Equity is expected to decline to about 35.9 M. In addition to that, Common Stock is expected to decline to about 318.2 M. Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Price Book
26.1844
Book Value
0.132
Enterprise Value
983.8 M
Enterprise Value Ebitda
178.3554
Price Sales
4.6529

Shanghai Broadband Valuation on August 14, 2023

It is possible to determine the worth of Shanghai Broadband on a given historical date. On August 14, 2023 Shanghai was worth 4.13 at the beginning of the trading date compared to the closed value of 4.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Shanghai Broadband stock. Still, in general, we apply an absolute valuation method to find Shanghai Broadband'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 Shanghai Broadband where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Shanghai Broadband's related companies.
 Open High Low Close Volume
  4.12    4.16    4.09    4.13    1,323,101  
08/14/2023
  4.13    4.34    4.12    4.34    4,182,702  
  4.39    4.49    4.29    4.34    3,594,100  
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Open Value

4.13
4.34
Closing Value
12.37
Upside

Shanghai Broadband Trading Date Momentum on August 14, 2023

On August 15 2023 Shanghai Broadband Technology was traded for  4.34  at the closing time. The highest price during the trading period was 4.49  and the lowest recorded bid was listed for  4.29 . The volume for the day was 3.6 M. This history from August 15, 2023 did not result in any price rise and fall. The trading price change to the current price is 2.30% .

Shanghai Broadband Fundamentals Correlations and Trends

By evaluating Shanghai Broadband'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 Shanghai Broadband's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Shanghai financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Shanghai Broadband Stock history

Shanghai Broadband 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 Shanghai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanghai Broadband 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 Shanghai Broadband stock prices may prove useful in developing a viable investing in Shanghai Broadband
Last ReportedProjected for Next Year
Common Stock Shares Outstanding296 M263.1 M
Net Income Applicable To Common Shares3.6 M3.4 M

Shanghai Broadband Quarterly Net Working Capital

42.22 Million

Shanghai Broadband Stock Technical Analysis

Shanghai Broadband 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.
A focus of Shanghai Broadband technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Shanghai Broadband trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Shanghai Broadband Period Price Range

Low
May 3, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Shanghai Broadband Technology cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.

Shanghai Broadband May 3, 2025 Market Strength

Market strength indicators help investors to evaluate how Shanghai Broadband stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Shanghai Broadband shares will generate the highest return on investment. By undertsting and applying Shanghai Broadband stock market strength indicators, traders can identify Shanghai Broadband Technology entry and exit signals to maximize returns

Shanghai Broadband Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Shanghai Broadband's price direction in advance. Along with the technical and fundamental analysis of Shanghai Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Shanghai 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.

Complementary Tools for Shanghai Stock analysis

When running Shanghai Broadband's price analysis, check to measure Shanghai Broadband'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 Shanghai Broadband is operating at the current time. Most of Shanghai Broadband's value examination focuses on studying past and present price action to predict the probability of Shanghai Broadband's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shanghai Broadband's price. Additionally, you may evaluate how the addition of Shanghai Broadband to your portfolios can decrease your overall portfolio volatility.
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