Fiberhome Telecommunicatio (China) Price on February 2, 2024

600498 Stock   18.05  1.41  7.25%   
Below is the normalized historical share price chart for Fiberhome Telecommunication Technologies extending back to August 23, 2001. 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 Fiberhome Telecommunicatio stands at 18.05, as last reported on the 2nd of January, with the highest price reaching 19.26 and the lowest price hitting 17.85 during the day.
IPO Date
26th of July 2001
200 Day MA
16.6754
50 Day MA
18.786
Beta
0.081
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Fiberhome Stock, it is important to understand the factors that can impact its price. Fiberhome Telecommunicatio secures Sharpe Ratio (or Efficiency) of -0.001, which denotes the company had a -0.001% return per unit of standard deviation over the last 3 months. Fiberhome Telecommunication Technologies exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fiberhome Telecommunicatio's Mean Deviation of 2.29, downside deviation of 3.09, and Semi Deviation of 2.68 to check the risk estimate we provide.
  
At present, Fiberhome Telecommunicatio's Total Stockholder 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 819.5 M, whereas Common Stock is forecasted to decline to about 764.2 M. . Fiberhome Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.001

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Estimated Market Risk

 2.77
  actual daily
24
76% of assets are more volatile

Expected Return

 0.0
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Most of other assets have higher returns

Risk-Adjusted Return

 0.0
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0
Most of other assets perform better
Based on monthly moving average Fiberhome Telecommunicatio 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 Fiberhome Telecommunicatio by adding Fiberhome Telecommunicatio to a well-diversified portfolio.
Price Book
1.7176
Enterprise Value Ebitda
26.0484
Price Sales
0.7404
Shares Float
629.4 M
Wall Street Target Price
19.71

Fiberhome Telecommunicatio Main Headline on 2nd of February 2024

Bending Insensitive Single Mode Fiber Market is Booming Globally by 2029 Hengtong Global, Furukawa, Corning ... The Nelson Post

Fiberhome Telecommunicatio Valuation on February 2, 2024

It is possible to determine the worth of Fiberhome Telecommunicatio on a given historical date. On February 2, 2024 Fiberhome was worth 13.34 at the beginning of the trading date compared to the closed value of 12.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fiberhome Telecommunicatio stock. Still, in general, we apply an absolute valuation method to find Fiberhome Telecommunicatio'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 Fiberhome Telecommunicatio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fiberhome Telecommunicatio's related companies.
 Open High Low Close Volume
  13.20    13.74    13.11    13.30    11,683,612  
02/02/2024
  13.34    13.62    12.41    12.89    17,696,843  
  12.76    12.88    11.88    12.41    20,809,009  
Backtest Fiberhome Telecommunicatio  |  Fiberhome Telecommunicatio History  |  Fiberhome Telecommunicatio Valuation   PreviousNext  
Open Value
13.34
12.89
Closing Value
21.65
Upside

Fiberhome Telecommunicatio Trading Date Momentum on February 2, 2024

On February 05 2024 Fiberhome Telecommunication Technologies was traded for  12.41  at the closing time. The highest price during the trading period was 12.88  and the lowest recorded bid was listed for  11.88 . The volume for the day was 20.8 M. This history from February 5, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 3.72% . The overall trading delta to the current price is 17.61% .

Fiberhome Telecommunicatio Fundamentals Correlations and Trends

By evaluating Fiberhome Telecommunicatio'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 Fiberhome Telecommunicatio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fiberhome financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fiberhome Telecommunicatio Stock history

Fiberhome Telecommunicatio 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 Fiberhome is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fiberhome Telecommunicatio 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 Fiberhome Telecommunicatio stock prices may prove useful in developing a viable investing in Fiberhome Telecommunicatio
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.4 B1.3 B
Net Income Applicable To Common Shares331.2 M406.7 M

Fiberhome Telecommunicatio Quarterly Net Working Capital

9.76 Billion

Fiberhome Telecommunicatio Stock Technical Analysis

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

Price Boundaries

Fiberhome Telecommunicatio Period Price Range

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January 2, 2025
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Fiberhome Telecommunication Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.

Fiberhome Telecommunicatio January 2, 2025 Market Strength

Market strength indicators help investors to evaluate how Fiberhome Telecommunicatio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fiberhome Telecommunicatio shares will generate the highest return on investment. By undertsting and applying Fiberhome Telecommunicatio stock market strength indicators, traders can identify Fiberhome Telecommunication Technologies entry and exit signals to maximize returns

Fiberhome Telecommunicatio Technical and Predictive Indicators

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

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