Bloomage Biotechnology (China) Price on April 24, 2024

688363 Stock   50.12  0.18  0.36%   
Below is the normalized historical share price chart for Bloomage Biotechnology Corp extending back to November 06, 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 Bloomage Biotechnology stands at 50.12, as last reported on the 18th of January 2025, with the highest price reaching 50.69 and the lowest price hitting 49.93 during the day.
200 Day MA
57.5733
50 Day MA
56.4728
Beta
0.868
 
Covid
If you're considering investing in Bloomage Stock, it is important to understand the factors that can impact its price. Bloomage Biotechnology secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Bloomage Biotechnology Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bloomage Biotechnology's Standard Deviation of 2.3, risk adjusted performance of (0.06), and Mean Deviation of 1.79 to double-check the risk estimate we provide.
  
The current year's Other Stockholder Equity is expected to grow to about (20.4 M). In addition to that, Common Stock is expected to decline to about 322.3 M. Bloomage Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.127

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Negative Returns688363

Estimated Market Risk

 2.21
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.28
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bloomage Biotechnology is not performing at its full potential. However, 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 Bloomage Biotechnology by adding Bloomage Biotechnology to a well-diversified portfolio.
Price Book
3.4396
Enterprise Value Ebitda
44.6669
Price Sales
4.2138
Shares Float
154.5 M
Wall Street Target Price
56.46

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Bloomage Biotechnology Valuation on April 24, 2024

It is possible to determine the worth of Bloomage Biotechnology on a given historical date. On April 24, 2024 Bloomage was worth 57.97 at the beginning of the trading date compared to the closed value of 58.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bloomage Biotechnology stock. Still, in general, we apply an absolute valuation method to find Bloomage Biotechnology'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 Bloomage Biotechnology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bloomage Biotechnology's related companies.
 Open High Low Close Volume
  57.91    58.99    57.51    57.97    2,611,610  
04/24/2024
  57.97    58.37    57.08    58.18    1,344,321  
  58.10    59.18    57.85    58.77    1,269,070  
Backtest Bloomage Biotechnology  |  Bloomage Biotechnology History  |  Bloomage Biotechnology Valuation   PreviousNext  
Open Value
57.97
58.18
Closing Value
64.59
Upside

Bloomage Biotechnology Trading Date Momentum on April 24, 2024

On April 25 2024 Bloomage Biotechnology Corp was traded for  58.77  at the closing time. The highest price during the trading period was 59.18  and the lowest recorded bid was listed for  57.85 . The volume for the day was 1.3 M. This history from April 25, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.01% . The overall trading delta to the current price is 10.00% .

Bloomage Biotechnology Fundamentals Correlations and Trends

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

About Bloomage Biotechnology Stock history

Bloomage Biotechnology 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 Bloomage is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bloomage Biotechnology 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 Bloomage Biotechnology stock prices may prove useful in developing a viable investing in Bloomage Biotechnology
Last ReportedProjected for Next Year
Common Stock Shares Outstanding553.9 M459.2 M
Net Income Applicable To Common Shares1.1 B562.4 M

Bloomage Biotechnology Quarterly Net Working Capital

1.55 Billion

Bloomage Biotechnology Stock Technical Analysis

Bloomage Biotechnology 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 Bloomage Biotechnology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bloomage Biotechnology 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

Bloomage Biotechnology Period Price Range

Low
January 18, 2025
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High

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Bloomage Biotechnology Corp 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.

Bloomage Biotechnology January 18, 2025 Market Strength

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

Bloomage Biotechnology Technical and Predictive Indicators

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

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