Highbroad Advanced (China) Price on November 11, 2024
| 301321 Stock | 13.98 0.51 3.79% |
If you're considering investing in Highbroad Stock, it is important to understand the factors that can impact its price. As of today, the current price of Highbroad Advanced stands at 13.98, as last reported on the 21st of January, with the highest price reaching 14.10 and the lowest price hitting 13.48 during the day. Highbroad Advanced holds Efficiency (Sharpe) Ratio of -0.0402, which attests that the entity had a -0.0402 % return per unit of risk over the last 3 months. Highbroad Advanced exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Highbroad Advanced's Standard Deviation of 4.81, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.14) to validate the risk estimate we provide.
As of January 21, 2025, Total Stockholder Equity is expected to decline to about 1.3 B. In addition to that, Common Stock Shares Outstanding is expected to decline to about 161 M. Highbroad Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Highbroad |
Sharpe Ratio = -0.0402
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| Negative Returns | 301321 |
Estimated Market Risk
| 4.9 actual daily | 43 57% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Highbroad Advanced is not performing at its full potential. However, 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 Highbroad Advanced by adding Highbroad Advanced to a well-diversified portfolio.
Price Book 2.3081 | Book Value 6.323 | Enterprise Value 3.8 B | Enterprise Value Ebitda 92.683 | Price Sales 1.1657 |
Highbroad Advanced Valuation on November 11, 2024
It is possible to determine the worth of Highbroad Advanced on a given historical date. On November 11, 2024 Highbroad was worth 18.73 at the beginning of the trading date compared to the closed value of 21.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Highbroad Advanced stock. Still, in general, we apply an absolute valuation method to find Highbroad Advanced'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 Highbroad Advanced where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Highbroad Advanced's related companies.
| Open | High | Low | Close | Volume | |
| 18.73 | 19.00 | 17.83 | 18.85 | 14,231,674 | |
11/11/2024 | 18.73 | 22.62 | 18.47 | 21.24 | 27,980,510 |
| 20.08 | 21.00 | 19.19 | 19.40 | 21,659,791 |
| Backtest Highbroad Advanced | | | Highbroad Advanced History | | | Highbroad Advanced Valuation | Previous | Next |
Highbroad Advanced Trading Date Momentum on November 11, 2024
| On November 12 2024 Highbroad Advanced Material was traded for 19.40 at the closing time. The highest price during the trading period was 21.00 and the lowest recorded bid was listed for 19.19 . The volume for the day was 21.7 M. This history from November 12, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 8.66% . The trading delta at closing time to the current price is 19.16% . |
Highbroad Advanced Fundamentals Correlations and Trends
By evaluating Highbroad Advanced'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 Highbroad Advanced's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Highbroad financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Highbroad Advanced Stock history
Highbroad Advanced 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 Highbroad is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Highbroad Advanced 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 Highbroad Advanced stock prices may prove useful in developing a viable investing in Highbroad Advanced
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 214.4 M | 161 M |
Highbroad Advanced Quarterly Net Working Capital |
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Highbroad Advanced Stock Technical Analysis
Highbroad Advanced 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.
Price Boundaries
Highbroad Advanced Period Price Range
Low | January 21, 2025
| High |
0.00 | 0.00 |
Highbroad Advanced Material cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock 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.
Highbroad Advanced January 21, 2025 Market Strength
Market strength indicators help investors to evaluate how Highbroad Advanced stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Highbroad Advanced shares will generate the highest return on investment. By undertsting and applying Highbroad Advanced stock market strength indicators, traders can identify Highbroad Advanced Material entry and exit signals to maximize returns
Highbroad Advanced Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Highbroad Advanced's price direction in advance. Along with the technical and fundamental analysis of Highbroad Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Highbroad 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 | (0.03) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.15) |
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Complementary Tools for Highbroad Stock analysis
When running Highbroad Advanced's price analysis, check to measure Highbroad Advanced'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 Highbroad Advanced is operating at the current time. Most of Highbroad Advanced's value examination focuses on studying past and present price action to predict the probability of Highbroad Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Highbroad Advanced's price. Additionally, you may evaluate how the addition of Highbroad Advanced to your portfolios can decrease your overall portfolio volatility.
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