Broadcom Stock Price on November 5, 2024

AVGO Stock  USD 163.25  2.10  1.27%   
Below is the normalized historical share price chart for Broadcom extending back to August 06, 2009. 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 Broadcom stands at 163.25, as last reported on the 21st of November, with the highest price reaching 165.54 and the lowest price hitting 160.86 during the day.
IPO Date
6th of August 2009
200 Day MA
151.0019
50 Day MA
173.6824
Beta
1.187
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Broadcom Stock, it is important to understand the factors that can impact its price. As of now, Broadcom Stock is very steady. Broadcom secures Sharpe Ratio (or Efficiency) of 0.0052, which signifies that the company had a 0.0052% return per unit of risk over the last 3 months. We have found thirty technical indicators for Broadcom, which you can use to evaluate the volatility of the firm. Please confirm Broadcom's Mean Deviation of 2.06, downside deviation of 2.82, and Risk Adjusted Performance of 0.0123 to double-check if the risk estimate we provide is consistent with the expected return of 0.0145%.
  
At this time, Broadcom's Total Stockholder Equity is very stable compared to the past year. As of the 21st of November 2024, Liabilities And Stockholders Equity is likely to grow to about 88 B, while Common Stock Shares Outstanding is likely to drop about 3.6 B. . At this time, Broadcom's Price Sales Ratio is very stable compared to the past year. Broadcom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0052

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsAVGO

Estimated Market Risk

 2.79
  actual daily
24
76% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Broadcom 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 Broadcom by adding Broadcom to a well-diversified portfolio.
Price Book
11.7634
Enterprise Value Ebitda
38.0161
Price Sales
16.2869
Shares Float
405.2 M
Dividend Share
2.105

Related Headline

Advanced Micro Headline on 5th of November 2024

Is now the right time to invest in a top AI player Lets explore the risks and rewards of buying this market darling in the fall of 2024.

Broadcom Valuation on November 5, 2024

It is possible to determine the worth of Broadcom on a given historical date. On November 5, 2024 Broadcom was worth 170.05 at the beginning of the trading date compared to the closed value of 173.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Broadcom stock. Still, in general, we apply an absolute valuation method to find Broadcom'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 Broadcom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Broadcom's related companies.
 Open High Low Close Volume
  169.28    172.45    168.42    168.55    13,608,781  
11/05/2024
  170.05    174.40    170.05    173.90    13,347,017  
  179.63    180.21    175.96    179.55    24,268,736  
Backtest Broadcom  |  Broadcom History  |  Broadcom Valuation   PreviousNext  
Open Value
170.05
161.68
Downside
173.9
Closing Value
178.42
Upside

Broadcom Trading Date Momentum on November 5, 2024

On November 06 2024 Broadcom was traded for  179.55  at the closing time. The top price for the day was 180.21  and the lowest listed price was  175.96 . The trading volume for the day was 24.3 M. The trading history from November 6, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 3.25% . The overall trading delta against the current closing price is 3.12% .

Broadcom Fundamentals Correlations and Trends

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

About Broadcom Stock history

Broadcom 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 Broadcom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Broadcom 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 Broadcom stock prices may prove useful in developing a viable investing in Broadcom
Last ReportedProjected for Next Year
Common Stock Shares Outstanding4.9 B3.6 B
Net Income Applicable To Common Shares12.9 B13.6 B

Broadcom Quarterly Net Working Capital

726 Million

Broadcom Stock Technical Analysis

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

Broadcom Period Price Range

Low
November 21, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Broadcom cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Broadcom November 21, 2024 Market Strength

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

Broadcom Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Broadcom's price direction in advance. Along with the technical and fundamental analysis of Broadcom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Broadcom 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.
When determining whether Broadcom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Broadcom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Broadcom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Broadcom Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadcom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Broadcom Stock, please use our How to Invest in Broadcom guide.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadcom. If investors know Broadcom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadcom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.881
Dividend Share
2.105
Earnings Share
1.24
Revenue Per Share
10.429
Quarterly Revenue Growth
0.164
The market value of Broadcom is measured differently than its book value, which is the value of Broadcom that is recorded on the company's balance sheet. Investors also form their own opinion of Broadcom's value that differs from its market value or its book value, called intrinsic value, which is Broadcom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadcom's market value can be influenced by many factors that don't directly affect Broadcom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadcom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadcom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadcom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.