Shanghai Broadband (China) Price History

600608 Stock   4.20  0.24  6.06%   
Below is the normalized historical share price chart for Shanghai Broadband Technology extending back to June 28, 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 Shanghai Broadband stands at 4.20, as last reported on the 23rd of November, with the highest price reaching 4.37 and the lowest price hitting 4.13 during the day.
IPO Date
7th of March 1992
200 Day MA
3.0884
50 Day MA
3.1004
Beta
0.51
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Shanghai Stock, it is important to understand the factors that can impact its price. Shanghai Broadband appears to be moderately volatile, given 3 months investment horizon. Shanghai Broadband owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.31, which indicates the firm had a 0.31% return per unit of risk over the last 3 months. By inspecting Shanghai Broadband's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please review Shanghai Broadband's Semi Deviation of 1.98, coefficient of variation of 372.5, and Risk Adjusted Performance of 0.213 to confirm if our risk estimates are consistent with your expectations.
  
As of November 23, 2024, Total Stockholder Equity is expected to decline to about 41.3 M. In addition to that, Common Stock is expected to decline to about 318.2 M. Shanghai Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3116

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Estimated Market Risk

 2.69
  actual daily
23
77% of assets are more volatile

Expected Return

 0.84
  actual daily
16
84% of assets have higher returns

Risk-Adjusted Return

 0.31
  actual daily
24
76% of assets perform better
Based on monthly moving average Shanghai Broadband is performing at about 24% 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 Shanghai Broadband by adding it to a well-diversified portfolio.
Price Book
31.6053
Book Value
0.133
Enterprise Value
1.4 B
Enterprise Value Ebitda
178.3554
Price Sales
6.4073

Shanghai Broadband Stock Price History Chart

There are several ways to analyze Shanghai Stock price data. The simplest method is using a basic Shanghai candlestick price chart, which shows Shanghai Broadband price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 22, 20244.2
Lowest PriceOctober 10, 20242.57

Shanghai Broadband November 23, 2024 Stock Price Synopsis

Various analyses of Shanghai Broadband's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Shanghai Stock. It can be used to describe the percentage change in the price of Shanghai Broadband from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Shanghai Stock.
Shanghai Broadband Price Daily Balance Of Power 1.00 
Shanghai Broadband Price Action Indicator 0.07 
Shanghai Broadband Price Rate Of Daily Change 1.06 

Shanghai Broadband November 23, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Shanghai Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Shanghai Broadband intraday prices and daily technical indicators to check the level of noise trading in Shanghai Stock and then apply it to test your longer-term investment strategies against Shanghai.

Shanghai Stock Price History Data

The price series of Shanghai Broadband for the period between Sun, Aug 25, 2024 and Sat, Nov 23, 2024 has a statistical range of 1.69 with a coefficient of variation of 14.55. The prices are distributed with arithmetic mean of 3.0. The median price for the last 90 days is 2.8. The company had 14.65:10 stock split on 26th of June 2007. Shanghai Broadband issued dividends on 2001-12-21.
OpenHighLowCloseVolume
11/23/2024
 4.20  4.37  4.13  4.20 
11/22/2024 4.20  4.37  4.13  4.20  10,610,488 
11/21/2024 3.96  3.96  3.96  3.96  6,295,028 
11/20/2024 3.72  3.96  3.72  3.96  3,968,301 
11/19/2024 3.78  3.81  3.66  3.77  3,139,600 
11/18/2024 3.73  3.83  3.56  3.76  5,019,534 
11/15/2024 3.75  3.87  3.67  3.74  5,892,734 
11/14/2024 3.92  3.97  3.73  3.84  6,741,402 
11/13/2024 3.61  3.83  3.61  3.83  7,115,400 
11/12/2024 3.72  3.79  3.55  3.65  6,989,200 
11/11/2024 3.48  3.64  3.45  3.64  4,393,910 
11/08/2024 3.44  3.51  3.37  3.47  4,608,800 
11/07/2024 3.37  3.50  3.34  3.40  4,060,500 
11/06/2024 3.31  3.39  3.25  3.37  3,342,603 
11/05/2024 3.27  3.35  3.20  3.28  3,609,400 
11/04/2024 3.15  3.23  3.12  3.19  4,379,800 
11/01/2024 3.36  3.46  3.20  3.25  4,932,500 
10/31/2024 3.34  3.44  3.32  3.35  4,548,100 
10/30/2024 3.38  3.43  3.25  3.38  5,676,120 
10/29/2024 3.29  3.44  3.20  3.38  8,336,701 
10/28/2024 3.12  3.30  3.12  3.28  5,845,423 
10/25/2024 3.20  3.36  3.10  3.16  12,266,424 
10/24/2024 3.12  3.20  3.01  3.20  9,102,100 
10/23/2024 2.90  3.05  2.86  3.05  8,587,338 
10/22/2024 2.80  2.90  2.78  2.90  8,055,394 
10/21/2024 2.64  2.77  2.61  2.77  8,022,124 
10/18/2024 2.63  2.66  2.60  2.64  4,237,607 
10/17/2024 2.64  2.64  2.64  2.64  1,478,701 
10/16/2024 2.59  2.68  2.58  2.64  2,544,201 
10/15/2024 2.64  2.66  2.51  2.63  5,584,500 
10/14/2024 2.63  2.68  2.59  2.64  4,972,200 
10/11/2024 2.55  2.69  2.55  2.62  6,320,400 
10/10/2024 2.69  2.70  2.57  2.57  7,270,600 
10/09/2024 2.81  2.81  2.71  2.71  7,238,858 
10/08/2024 3.03  3.03  2.81  2.85  14,365,971 
09/30/2024 2.84  2.93  2.70  2.89  14,118,892 
09/27/2024 2.82  2.86  2.80  2.82  3,510,700 
09/26/2024 2.79  2.81  2.76  2.78  2,564,200 
09/25/2024 2.75  2.83  2.73  2.80  3,000,601 
09/24/2024 2.72  2.77  2.71  2.74  2,223,066 
09/23/2024 2.72  2.78  2.71  2.73  989,265 
09/20/2024 2.66  2.76  2.63  2.73  2,213,709 
09/19/2024 2.62  2.69  2.61  2.67  1,128,200 
09/18/2024 2.71  2.71  2.60  2.63  1,784,700 
09/13/2024 2.72  2.73  2.68  2.71  1,317,900 
09/12/2024 2.69  2.74  2.65  2.71  1,682,300 
09/11/2024 2.81  2.84  2.70  2.70  2,849,700 
09/10/2024 2.86  2.86  2.81  2.84  2,322,400 
09/09/2024 2.79  2.87  2.76  2.81  2,364,147 
09/06/2024 2.73  2.80  2.72  2.79  2,472,500 
09/05/2024 2.69  2.78  2.69  2.75  2,398,485 
09/04/2024 2.88  2.88  2.74  2.74  4,524,400 
09/03/2024 2.85  2.91  2.82  2.88  3,923,200 
09/02/2024 2.76  2.88  2.73  2.85  5,488,300 
08/30/2024 2.76  2.83  2.70  2.75  4,627,901 
08/29/2024 2.72  2.82  2.68  2.79  7,214,400 
08/28/2024 2.75  2.89  2.75  2.82  10,162,600 
08/27/2024 2.61  2.75  2.60  2.75  5,491,021 
08/26/2024 2.58  2.62  2.52  2.62  1,310,116 
08/23/2024 2.66  2.66  2.53  2.58  1,899,600 
08/22/2024 2.56  2.64  2.56  2.61  2,175,000 

About Shanghai Broadband Stock history

Shanghai 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 Shanghai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Shanghai 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 Shanghai Broadband stock prices may prove useful in developing a viable investing in Shanghai Broadband
Last ReportedProjected for Next Year
Common Stock Shares Outstanding296 M263.1 M
Net Income Applicable To Common Shares3.6 M3.4 M

Shanghai Broadband Quarterly Net Working Capital

48.51 Million

Shanghai Broadband Stock Technical Analysis

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

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Shanghai Broadband Technical and Predictive Indicators

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

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When running Shanghai Broadband's price analysis, check to measure Shanghai 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 Shanghai Broadband is operating at the current time. Most of Shanghai Broadband's value examination focuses on studying past and present price action to predict the probability of Shanghai 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 Shanghai Broadband's price. Additionally, you may evaluate how the addition of Shanghai Broadband to your portfolios can decrease your overall portfolio volatility.
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