Bright Real (China) Price on November 14, 2024
| 600708 Stock | 4.22 0.38 9.90% |
Below is the normalized historical share price chart for Bright Real Estate extending back to June 06, 1996. 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 Bright Real stands at 4.22, as last reported on the 2nd of December, with the highest price reaching 4.22 and the lowest price hitting 3.83 during the day.
If you're considering investing in Bright Stock, it is important to understand the factors that can impact its price. Bright Real is very risky given 3 months investment horizon. Bright Real Estate secures Sharpe Ratio (or Efficiency) of 0.33, which signifies that the company had a 0.33% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use Bright Real Mean Deviation of 3.37, downside deviation of 4.28, and Risk Adjusted Performance of 0.2266 to evaluate company specific risk that cannot be diversified away.
At present, Bright Real's 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 2.7 B, whereas Other Stockholder Equity is forecasted to decline to about 1.6 B. . Bright Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 23rd of May 1996 | 200 Day MA 2.125 | 50 Day MA 2.7338 | Beta 0.57 |
Bright |
Sharpe Ratio = 0.3323
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 600708 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.82 actual daily | 42 58% of assets are more volatile |
Expected Return
| 1.6 actual daily | 31 69% of assets have higher returns |
Risk-Adjusted Return
| 0.33 actual daily | 26 74% of assets perform better |
Based on monthly moving average Bright Real is performing at about 26% 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 Bright Real by adding it to a well-diversified portfolio.
Price Book 0.8204 | Enterprise Value Ebitda 72.8691 | Price Sales 1.5279 | Shares Float 1 B | Wall Street Target Price 9.23 |
Bright Real Valuation on November 14, 2024
It is possible to determine the worth of Bright Real on a given historical date. On November 14, 2024 Bright was worth 3.44 at the beginning of the trading date compared to the closed value of 3.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bright Real stock. Still, in general, we apply an absolute valuation method to find Bright Real'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 Bright Real where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bright Real's related companies.
| Open | High | Low | Close | Volume | |
| 3.26 | 3.50 | 3.25 | 3.43 | 144,666,365 | |
11/14/2024 | 3.44 | 3.56 | 3.18 | 3.21 | 112,381,299 |
| 3.16 | 3.24 | 3.03 | 3.05 | 66,517,232 |
| Backtest Bright Real | | | Bright Real History | | | Bright Real Valuation | Previous | Next |
Bright Real Trading Date Momentum on November 14, 2024
| On November 15 2024 Bright Real Estate was traded for 3.05 at the closing time. The highest price during the trading period was 3.24 and the lowest recorded bid was listed for 3.03 . The volume for the day was 66.5 M. This history from November 15, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 4.98% . The overall trading delta to the current price is 22.43% . |
Bright Real Estate Fundamentals Correlations and Trends
By evaluating Bright Real'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 Bright Real's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bright financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bright Real Stock history
Bright Real 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 Bright is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bright Real Estate 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 Bright Real stock prices may prove useful in developing a viable investing in Bright Real
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.6 B | 2.5 B | |
| Net Income Applicable To Common Shares | 3.2 M | 3 M |
Bright Real Quarterly Net Working Capital |
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Bright Real Stock Technical Analysis
Bright Real 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
Bright Real Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Bright Real Estate 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.
Bright Real December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Bright Real stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bright Real shares will generate the highest return on investment. By undertsting and applying Bright Real stock market strength indicators, traders can identify Bright Real Estate entry and exit signals to maximize returns
Bright Real Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bright Real's price direction in advance. Along with the technical and fundamental analysis of Bright Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bright 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 | 0.2266 | |||
| Jensen Alpha | 1.37 | |||
| Total Risk Alpha | 0.5208 | |||
| Sortino Ratio | 0.2665 | |||
| Treynor Ratio | (1.60) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Bright Stock analysis
When running Bright Real's price analysis, check to measure Bright Real'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 Bright Real is operating at the current time. Most of Bright Real's value examination focuses on studying past and present price action to predict the probability of Bright Real's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Real's price. Additionally, you may evaluate how the addition of Bright Real to your portfolios can decrease your overall portfolio volatility.
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