Bright Real (China) Price History

600708 Stock   4.22  0.38  9.90%   
Below is the normalized historical share price chart for Bright Real Estate extending back to June 06, 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 Bright Real stands at 4.22, as last reported on the 2nd of December, with the highest price reaching 4.22 and the lowest price hitting 3.83 during the day.
IPO Date
23rd of May 1996
200 Day MA
2.125
50 Day MA
2.7338
Beta
0.57
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Bright Stock, it is important to understand the factors that can impact its price. Bright Real is very risky given 3 months investment horizon. Bright Real Estate secures Sharpe Ratio (or Efficiency) of 0.33, which signifies that the company had a 0.33% return per unit of risk over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.6% are justified by taking the suggested risk. Use Bright Real Downside Deviation of 4.28, risk adjusted performance of 0.2266, and Mean Deviation of 3.37 to evaluate company specific risk that cannot be diversified away.
  
At present, Bright Real's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 2.7 B, whereas Other Stockholder Equity is forecasted to decline to about 1.6 B. . Bright Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3323

Best PortfolioBest Equity
Good Returns
Average Returns600708
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 4.82
  actual daily
42
58% of assets are more volatile

Expected Return

 1.6
  actual daily
31
69% of assets have higher returns

Risk-Adjusted Return

 0.33
  actual daily
26
74% of assets perform better
Based on monthly moving average Bright Real is performing at about 26% 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 Bright Real by adding it to a well-diversified portfolio.
Price Book
0.8204
Enterprise Value Ebitda
72.8691
Price Sales
1.5279
Shares Float
B
Wall Street Target Price
9.23

Bright Real Stock Price History Chart

There are several ways to analyze Bright Stock price data. The simplest method is using a basic Bright candlestick price chart, which shows Bright Real 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 PriceDecember 2, 20244.22
Lowest PriceAugust 29, 20241.75

Bright Real December 2, 2024 Stock Price Synopsis

Various analyses of Bright Real's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Bright Stock. It can be used to describe the percentage change in the price of Bright Real from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Bright Stock.
Bright Real Accumulation Distribution 8,006,453 
Bright Real Price Action Indicator 0.38 
Bright Real Price Rate Of Daily Change 1.10 
Bright Real Price Daily Balance Of Power 0.97 

Bright Real December 2, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Bright 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 Bright Real intraday prices and daily technical indicators to check the level of noise trading in Bright Stock and then apply it to test your longer-term investment strategies against Bright.

Bright Stock Price History Data

The price series of Bright Real for the period between Tue, Sep 3, 2024 and Mon, Dec 2, 2024 has a statistical range of 2.2 with a coefficient of variation of 27.39. The prices are distributed with arithmetic mean of 2.5. The median price for the last 90 days is 2.31. The company had 1.3:1 stock split on 6th of June 2018. Bright Real Estate issued dividends on 2024-07-25.
OpenHighLowCloseVolume
12/02/2024 3.84  4.22  3.83  4.22  86,633,931 
11/29/2024 3.76  3.90  3.69  3.84  67,545,011 
11/28/2024 3.63  3.95  3.63  3.84  119,834,625 
11/27/2024 3.63  3.70  3.52  3.59  60,265,531 
11/26/2024 3.69  3.90  3.64  3.71  91,812,333 
11/25/2024 3.93  4.05  3.55  3.69  185,867,921 
11/22/2024 3.62  4.02  3.58  3.94  171,406,732 
11/21/2024 3.50  3.65  3.39  3.65  126,306,688 
11/20/2024 3.14  3.35  3.10  3.32  80,421,756 
11/19/2024 3.13  3.15  3.03  3.11  39,562,669 
11/18/2024 3.15  3.21  3.06  3.10  64,010,688 
11/15/2024 3.16  3.24  3.03  3.05  66,517,232 
11/14/2024 3.44  3.56  3.18  3.21  112,381,299 
11/13/2024 3.26  3.50  3.25  3.43  144,666,365 
11/12/2024 3.10  3.24  3.05  3.18  64,913,019 
11/11/2024 3.11  3.17  3.03  3.10  68,100,225 
11/08/2024 3.47  3.48  3.15  3.16  114,322,745 
11/07/2024 3.21  3.42  3.21  3.41  102,138,732 
11/06/2024 3.30  3.38  3.15  3.29  120,861,255 
11/05/2024 3.00  3.29  2.98  3.29  125,939,765 
11/04/2024 2.94  3.02  2.85  2.99  66,888,239 
11/01/2024 2.98  3.10  2.85  2.98  139,811,792 
10/31/2024 3.09  3.09  2.85  3.02  262,141,496 
10/30/2024 2.67  2.81  2.63  2.81  41,690,949 
10/29/2024 2.72  2.73  2.53  2.55  102,001,878 
10/28/2024 2.51  2.73  2.51  2.72  150,497,569 
10/25/2024 2.35  2.48  2.35  2.48  65,834,786 
10/24/2024 2.30  2.42  2.29  2.37  62,203,277 
10/23/2024 2.29  2.34  2.28  2.31  34,402,791 
10/22/2024 2.29  2.32  2.27  2.29  33,496,911 
10/21/2024 2.30  2.39  2.28  2.30  51,461,798 
10/18/2024 2.26  2.30  2.23  2.29  48,252,710 
10/17/2024 2.40  2.40  2.25  2.27  79,313,945 
10/16/2024 2.28  2.38  2.27  2.38  90,764,663 
10/15/2024 2.31  2.36  2.26  2.26  59,743,802 
10/14/2024 2.32  2.34  2.25  2.33  56,502,943 
10/11/2024 2.25  2.30  2.19  2.23  48,179,603 
10/10/2024 2.25  2.32  2.15  2.25  73,330,340 
10/09/2024 2.44  2.45  2.29  2.29  76,018,374 
10/08/2024 2.78  2.78  2.41  2.54  166,662,755 
09/30/2024 2.54  2.55  2.33  2.54  181,637,517 
09/27/2024 2.30  2.38  2.19  2.34  117,442,970 
09/26/2024 2.00  2.20  1.98  2.20  129,861,339 
09/25/2024 1.94  2.13  1.93  2.00  63,366,778 
09/24/2024 1.91  1.99  1.89  1.94  40,785,871 
09/23/2024 1.88  1.91  1.85  1.88  23,299,000 
09/20/2024 1.86  1.93  1.82  1.90  47,233,634 
09/19/2024 1.84  1.91  1.82  1.88  40,365,290 
09/18/2024 1.81  1.86  1.78  1.84  30,185,198 
09/13/2024 1.79  1.82  1.77  1.81  21,813,084 
09/12/2024 1.77  1.81  1.77  1.79  12,062,460 
09/11/2024 1.79  1.79  1.77  1.77  10,151,727 
09/10/2024 1.80  1.81  1.77  1.79  20,111,121 
09/09/2024 1.78  1.81  1.77  1.78  9,071,764 
09/06/2024 1.80  1.81  1.78  1.78  13,687,877 
09/05/2024 1.78  1.82  1.78  1.81  17,912,926 
09/04/2024 1.77  1.77  1.77  1.77  11,965,713 
09/03/2024 1.77  1.80  1.76  1.79  16,539,574 
09/02/2024 1.80  1.82  1.77  1.77  19,173,225 
08/30/2024 1.75  1.85  1.74  1.82  35,101,494 
08/29/2024 1.74  1.75  1.72  1.75  7,932,512 

About Bright Real Stock history

Bright Real 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 Bright is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bright Real Estate 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 Bright Real stock prices may prove useful in developing a viable investing in Bright Real
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.6 B2.5 B
Net Income Applicable To Common Shares3.2 MM

Bright Real Quarterly Net Working Capital

37.85 Billion

Bright Real Stock Technical Analysis

Bright Real 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 Bright Real technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bright Real 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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Bright Real Technical and Predictive Indicators

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

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