Asia Broadband Stock Price on October 23, 2024
AABB Stock | USD 0.02 0 10.95% |
If you're considering investing in Asia Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Asia Broadband stands at 0.02, as last reported on the 27th of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Asia Broadband secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Asia Broadband exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asia Broadband's Mean Deviation of 3.69, risk adjusted performance of (0.15), and Standard Deviation of 5.33 to double-check the risk estimate we provide.
Asia Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Asia |
Sharpe Ratio = -0.1895
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Estimated Market Risk
5.29 actual daily | 47 53% of assets are more volatile |
Expected Return
-1.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Asia Broadband 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 Asia Broadband by adding Asia Broadband to a well-diversified portfolio.
Asia Broadband Valuation on October 23, 2024
It is possible to determine the worth of Asia Broadband on a given historical date. On October 23, 2024 Asia was worth 0.03 at the beginning of the trading date compared to the closed value of 0.0286. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Asia Broadband pink sheet. Still, in general, we apply an absolute valuation method to find Asia 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 Asia Broadband where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Asia Broadband's related companies.
Open | High | Low | Close | Volume | |
0.03 | 0.03 | 0.03 | 0.03 | 7,848,215 | |
10/23/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 14,991,903 |
0.03 | 0.03 | 0.03 | 0.03 | 2,722,771 |
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Asia Broadband Trading Date Momentum on October 23, 2024
On October 24 2024 Asia Broadband was traded for 0.03 at the closing time. The top price for the day was 0.03 and the lowest listed price was 0.03 . The trading volume for the day was 2.7 M. The trading history from October 24, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.80% . The overall trading delta against the current closing price is 1.40% . |
Asia Broadband Fundamentals Correlations and Trends
By evaluating Asia 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 Asia Broadband's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Asia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Asia Broadband Pink Sheet history
Asia 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 Asia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Asia 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 Asia Broadband stock prices may prove useful in developing a viable investing in Asia Broadband
Asia Broadband, Inc., through its subsidiary, Asia Metals Inc., focuses on the production, supply, and sale of precious and base metals primarily in Asian markets. The company was incorporated in 1996 and is based in Las Vegas, Nevada. Asia Broadband operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 42 people.
Asia Broadband Pink Sheet Technical Analysis
Asia Broadband technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Asia Broadband Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Asia Broadband cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Asia Broadband November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Asia Broadband pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Asia Broadband shares will generate the highest return on investment. By undertsting and applying Asia Broadband pink sheet market strength indicators, traders can identify Asia Broadband entry and exit signals to maximize returns
Asia Broadband Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Asia Broadband's price direction in advance. Along with the technical and fundamental analysis of Asia Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Asia 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 | (0.15) | |||
Jensen Alpha | (1.07) | |||
Total Risk Alpha | (1.97) | |||
Treynor Ratio | 2.59 |
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Volume Indicators |
Complementary Tools for Asia Pink Sheet analysis
When running Asia Broadband's price analysis, check to measure Asia 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 Asia Broadband is operating at the current time. Most of Asia Broadband's value examination focuses on studying past and present price action to predict the probability of Asia 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 Asia Broadband's price. Additionally, you may evaluate how the addition of Asia Broadband to your portfolios can decrease your overall portfolio volatility.
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