Gome Telecom (China) Price on November 29, 2024
| 600898 Stock | 1.90 0.05 2.56% |
Below is the normalized historical share price chart for Gome Telecom Equipment extending back to May 02, 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 Gome Telecom stands at 1.90, as last reported on the 3rd of December, with the highest price reaching 1.95 and the lowest price hitting 1.87 during the day.
If you're considering investing in Gome Stock, it is important to understand the factors that can impact its price. Gome Telecom appears to be dangerous, given 3 months investment horizon. Gome Telecom Equipment holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. By evaluating Gome Telecom's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Gome Telecom's Market Risk Adjusted Performance of (0.88), risk adjusted performance of 0.0891, and Downside Deviation of 3.71 to validate if our risk estimates are consistent with your expectations.
As of December 3, 2024, Common Stock is expected to decline to about 263.1 M. The current year's Total Stockholder Equity is expected to grow to about (79.2 M). Gome Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of December 1988 | 200 Day MA 1.4463 | 50 Day MA 1.782 | Beta 1.085 |
Gome |
Sharpe Ratio = 0.1403
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600898 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.69 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Gome Telecom is performing at about 11% 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 Gome Telecom by adding it to a well-diversified portfolio.
Price Book 19.5206 | Book Value (0.40) | Enterprise Value 659 M | Enterprise Value Ebitda (30.12) | Price Sales 33.4509 |
Gome Telecom Valuation on November 29, 2024
It is possible to determine the worth of Gome Telecom on a given historical date. On November 29, 2024 Gome was worth 1.87 at the beginning of the trading date compared to the closed value of 1.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gome Telecom stock. Still, in general, we apply an absolute valuation method to find Gome Telecom'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 Gome Telecom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gome Telecom's related companies.
| Open | High | Low | Close | Volume | |
| 2.00 | 2.00 | 1.93 | 1.95 | 3,342,725 | |
11/29/2024 | 1.87 | 1.95 | 1.87 | 1.90 | 3,363,238 |
| 1.87 | 1.95 | 1.87 | 1.90 | 0.00 |
| Backtest Gome Telecom | | | Gome Telecom History | | | Gome Telecom Valuation | Previous | Next |
Gome Telecom Trading Date Momentum on November 29, 2024
| On December 03 2024 Gome Telecom Equipment was traded for 1.90 at the closing time. The highest price during the trading period was 1.95 and the lowest recorded bid was listed for 1.87 . There was no trading activity during the period 0.0. Lack of trading volume on December 3, 2024 did not cause price change. The overall trading delta to the current price is 1.58% . |
Gome Telecom Equipment Fundamentals Correlations and Trends
By evaluating Gome Telecom'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 Gome Telecom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gome financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gome Telecom Stock history
Gome Telecom 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 Gome is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gome Telecom Equipment 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 Gome Telecom stock prices may prove useful in developing a viable investing in Gome Telecom
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 328.2 M | 293.3 M | |
| Net Loss | -36 M | -37.8 M |
Gome Telecom Stock Technical Analysis
Gome Telecom 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
Gome Telecom Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Gome Telecom Equipment 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.
Gome Telecom December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Gome Telecom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gome Telecom shares will generate the highest return on investment. By undertsting and applying Gome Telecom stock market strength indicators, traders can identify Gome Telecom Equipment entry and exit signals to maximize returns
Gome Telecom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gome Telecom's price direction in advance. Along with the technical and fundamental analysis of Gome Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gome 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 | 0.0891 | |||
| Jensen Alpha | 0.4378 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0736 | |||
| Treynor Ratio | (0.89) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Gome Stock analysis
When running Gome Telecom's price analysis, check to measure Gome Telecom'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 Gome Telecom is operating at the current time. Most of Gome Telecom's value examination focuses on studying past and present price action to predict the probability of Gome Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gome Telecom's price. Additionally, you may evaluate how the addition of Gome Telecom to your portfolios can decrease your overall portfolio volatility.
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