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.
Qingdao |
Sharpe Ratio = 0.1271
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | 688677 | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
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 Price | November 11, 2024 | 40.73 |
Lowest Price | September 13, 2024 | 25.73 |
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
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.Open | High | Low | Close | Volume | ||
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 121.6 M | 88.2 M |
Qingdao NovelBeam Quarterly Net Working Capital |
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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.
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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.
Risk Adjusted Performance | 0.0802 | |||
Jensen Alpha | 0.4012 | |||
Total Risk Alpha | (0.25) | |||
Sortino Ratio | 0.0642 | |||
Treynor Ratio | (0.83) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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When running Qingdao NovelBeam's price analysis, check to measure Qingdao NovelBeam'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 Qingdao NovelBeam is operating at the current time. Most of Qingdao NovelBeam's value examination focuses on studying past and present price action to predict the probability of Qingdao NovelBeam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Qingdao NovelBeam's price. Additionally, you may evaluate how the addition of Qingdao NovelBeam to your portfolios can decrease your overall portfolio volatility.
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