Broad Capital Acquisition Stock Price on May 16, 2024

If you're considering investing in BROAD Stock, it is important to understand the factors that can impact its price. BROAD CAPITAL is out of control given 3 months investment horizon. BROAD CAPITAL ACQUISITION secures Sharpe Ratio (or Efficiency) of 0.5, which signifies that the company had a 0.5% return per unit of risk over the last 3 months. We were able to analyze twenty-one different technical indicators, which can help you to evaluate if expected returns of 257.14% are justified by taking the suggested risk. Use BROAD CAPITAL mean deviation of 0.2121, and Risk Adjusted Performance of 0.0426 to evaluate company specific risk that cannot be diversified away.
  
BROAD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.5048

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Estimated Market Risk

 509.43
  actual daily
96
96% of assets are less volatile

Expected Return

 5.01
  actual daily
96
96% of assets have lower returns

Risk-Adjusted Return

 0.5
  actual daily
39
61% of assets perform better
Based on monthly moving average BROAD CAPITAL is performing at about 39% 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 BROAD CAPITAL by adding it to a well-diversified portfolio.

BROAD CAPITAL Valuation on May 16, 2024

It is possible to determine the worth of BROAD CAPITAL on a given historical date. On May 16, 2024 BROAD was worth 11.29 at the beginning of the trading date compared to the closed value of 11.29. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BROAD CAPITAL stock. Still, in general, we apply an absolute valuation method to find BROAD CAPITAL'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 BROAD CAPITAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BROAD CAPITAL's related companies.
 Open High Low Close Volume
  11.30    11.30    11.30    11.30    112.00  
05/16/2024
  11.29    11.29    11.29    11.29    100.00  
  11.28    11.28    11.28    11.28    100.00  
Backtest BROAD CAPITAL  |  BROAD CAPITAL History  |  BROAD CAPITAL Valuation   PreviousNext  
Open Value
11.29
11.29
Closing Value
1,540
Upside

BROAD CAPITAL Trading Date Momentum on May 16, 2024

On May 17 2024 BROAD CAPITAL ACQUISITION was traded for  11.28  at the closing time. The top price for the day was 11.28  and the lowest listed price was  11.28 . The trading volume for the day was 100.0. The trading history from May 17, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.09% . The overall trading delta against the current closing price is 0.89% .

BROAD CAPITAL ACQUISITION Fundamentals Correlations and Trends

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

About BROAD CAPITAL Stock history

BROAD CAPITAL 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 BROAD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BROAD CAPITAL ACQUISITION 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 BROAD CAPITAL stock prices may prove useful in developing a viable investing in BROAD CAPITAL
Broad Capital Acquisition Corp focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was incorporated in 2021 and is based in Plano, Texas. Broad Capital is traded on NASDAQ Exchange in the United States.

BROAD CAPITAL Stock Technical Analysis

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

BROAD CAPITAL Period Price Range

Low
November 21, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

BROAD CAPITAL ACQUISITION 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.

BROAD CAPITAL November 21, 2024 Market Strength

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

BROAD CAPITAL Technical and Predictive Indicators

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

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