Qingdao NovelBeam (China) Price History

688677 Stock   35.83  0.39  1.08%   
If you're considering investing in Qingdao Stock, it is important to understand the factors that can impact its price. As of today, the current price of Qingdao NovelBeam stands at 35.83, as last reported on the 27th of November, with the highest price reaching 36.98 and the lowest price hitting 35.81 during the day. Qingdao NovelBeam appears to be not too volatile, given 3 months investment horizon. Qingdao NovelBeam maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Qingdao NovelBeam's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please evaluate Qingdao NovelBeam's Semi Deviation of 3.2, risk adjusted performance of 0.0802, and Coefficient Of Variation of 1058.37 to confirm if our risk estimates are consistent with your expectations.
  
At present, Qingdao NovelBeam's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 825.9 M, whereas Total Stockholder Equity is forecasted to decline to about 716 M. . Qingdao Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1271

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Estimated Market Risk

 3.97
  actual daily
35
65% of assets are more volatile

Expected Return

 0.5
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average Qingdao NovelBeam is performing at about 10% 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 Qingdao NovelBeam by adding it to a well-diversified portfolio.
Price Book
3.3719
Enterprise Value Ebitda
27.801
Price Sales
10.5218
Shares Float
61.4 M
Dividend Share
0.55

Qingdao NovelBeam Stock Price History Chart

There are several ways to analyze Qingdao Stock price data. The simplest method is using a basic Qingdao candlestick price chart, which shows Qingdao NovelBeam 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 11, 202440.73
Lowest PriceSeptember 13, 202425.73

Qingdao NovelBeam November 27, 2024 Stock Price Synopsis

Various analyses of Qingdao NovelBeam's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Qingdao Stock. It can be used to describe the percentage change in the price of Qingdao NovelBeam from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Qingdao Stock.
Qingdao NovelBeam Price Action Indicator(0.76)
Qingdao NovelBeam Price Daily Balance Of Power(0.33)
Qingdao NovelBeam Price Rate Of Daily Change 0.99 

Qingdao NovelBeam November 27, 2024 Stock Price Analysis

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

Qingdao Stock Price History Data

The price series of Qingdao NovelBeam for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 has a statistical range of 15.0 with a coefficient of variation of 14.44. The prices are distributed with arithmetic mean of 32.41. The median price for the last 90 days is 32.6. The company had 1.4:1 stock split on 14th of June 2023. Qingdao NovelBeam issued dividends on 2024-06-11.
OpenHighLowCloseVolume
11/27/2024
 36.05  36.98  35.81  35.83 
11/26/2024 36.05  36.98  35.81  35.83  546,941 
11/25/2024 35.91  36.55  35.54  36.22  537,277 
11/22/2024 38.18  38.19  35.68  35.68  1,112,645 
11/21/2024 38.55  39.00  37.75  37.93  555,200 
11/20/2024 37.14  39.00  36.88  38.68  1,381,253 
11/19/2024 36.00  37.29  36.00  37.05  607,090 
11/18/2024 36.43  37.48  35.49  36.02  823,182 
11/15/2024 37.42  37.76  36.49  36.50  1,012,423 
11/14/2024 39.03  39.03  37.47  37.50  1,150,336 
11/13/2024 39.51  40.10  38.20  39.14  976,791 
11/12/2024 40.52  41.67  39.50  39.70  1,354,189 
11/11/2024 39.10  40.80  39.00  40.73  1,393,056 
11/08/2024 39.33  40.48  39.00  39.56  1,487,881 
11/07/2024 37.35  39.45  37.35  38.95  1,046,733 
11/06/2024 38.18  39.83  37.49  37.91  1,279,042 
11/05/2024 37.02  38.80  36.51  38.15  1,514,341 
11/04/2024 38.33  38.65  36.50  37.02  2,050,818 
11/01/2024 37.70  39.80  37.10  38.40  2,155,919 
10/31/2024 37.55  38.44  37.15  38.06  1,383,637 
10/30/2024 35.88  38.10  35.51  37.98  2,640,233 
10/29/2024 37.09  37.80  35.90  36.10  2,437,115 
10/28/2024 35.96  37.53  35.30  37.31  2,419,646 
10/25/2024 33.17  36.68  33.01  35.53  3,946,902 
10/24/2024 33.17  33.97  33.17  33.56  861,517 
10/23/2024 33.36  33.91  33.00  33.58  1,256,862 
10/22/2024 33.38  33.84  32.75  33.32  1,527,701 
10/21/2024 33.34  34.12  32.72  33.38  1,855,924 
10/18/2024 32.00  33.54  31.80  33.07  2,607,554 
10/17/2024 32.90  32.95  31.85  32.00  806,765 
10/16/2024 31.60  32.91  31.51  32.24  897,232 
10/15/2024 32.62  33.56  32.03  32.05  1,115,386 
10/14/2024 32.22  32.92  31.48  32.60  1,750,218 
10/11/2024 33.70  34.49  32.02  32.42  1,954,313 
10/10/2024 33.71  34.98  32.83  33.70  2,562,047 
10/09/2024 37.60  37.60  33.34  34.16  4,220,539 
10/08/2024 40.00  41.86  35.60  38.70  5,627,371 
09/30/2024 33.48  35.60  32.00  35.40  4,039,802 
09/27/2024 29.50  31.50  29.30  31.25  1,086,857 
09/26/2024 27.30  29.03  26.93  28.88  1,571,470 
09/25/2024 27.71  28.19  27.20  27.37  1,745,752 
09/24/2024 26.04  27.38  25.71  27.28  1,220,748 
09/23/2024 26.12  26.49  25.76  25.84  566,881 
09/20/2024 26.70  26.72  25.82  26.12  930,896 
09/19/2024 26.07  27.25  25.75  26.61  1,183,989 
09/18/2024 25.78  26.14  25.48  26.08  826,655 
09/13/2024 27.33  27.33  25.68  25.73  1,871,119 
09/12/2024 27.51  28.16  27.19  27.28  1,411,430 
09/11/2024 26.73  27.79  26.73  27.50  1,011,174 
09/10/2024 27.36  27.46  26.38  26.98  819,135 
09/09/2024 27.39  27.93  27.10  27.25  634,928 
09/06/2024 28.66  28.80  27.32  27.40  735,030 
09/05/2024 28.66  29.19  28.30  28.63  983,127 
09/04/2024 27.43  28.83  27.43  28.36  1,385,119 
09/03/2024 27.28  28.11  27.19  27.57  991,584 
09/02/2024 28.50  28.59  27.23  27.28  1,180,033 
08/30/2024 27.97  29.22  27.72  28.68  1,352,349 
08/29/2024 27.27  28.35  27.19  27.97  1,248,046 
08/28/2024 27.15  27.70  26.91  27.41  681,350 
08/27/2024 27.50  27.88  27.15  27.34  667,918 
08/26/2024 27.28  28.12  27.01  27.43  869,064 

About Qingdao NovelBeam Stock history

Qingdao NovelBeam 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 Qingdao is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Qingdao NovelBeam 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 Qingdao NovelBeam stock prices may prove useful in developing a viable investing in Qingdao NovelBeam
Last ReportedProjected for Next Year
Common Stock Shares Outstanding121.6 M88.2 M

Qingdao NovelBeam Quarterly Net Working Capital

763.46 Million

Qingdao NovelBeam Stock Technical Analysis

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

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