Gome Telecom (China) Price on December 17, 2024
600898 Stock | 0.95 0.05 5.00% |
If you're considering investing in Gome Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gome Telecom stands at 0.95, as last reported on the 3rd of January, with the highest price reaching 0.95 and the lowest price hitting 0.95 during the day. Gome Telecom Equipment holds Efficiency (Sharpe) Ratio of -0.23, which attests that the entity had a -0.23% return per unit of risk over the last 3 months. Gome Telecom Equipment exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gome Telecom's Market Risk Adjusted Performance of 5.37, standard deviation of 3.73, and Risk Adjusted Performance of (0.18) to validate the risk estimate we provide.
Gome Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gome |
Sharpe Ratio = -0.2254
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Negative Returns | 600898 |
Estimated Market Risk
3.73 actual daily | 33 67% of assets are more volatile |
Expected Return
-0.84 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gome Telecom 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 Gome Telecom by adding Gome Telecom to a well-diversified portfolio.
Gome Telecom Valuation on December 17, 2024
It is possible to determine the worth of Gome Telecom on a given historical date. On December 17, 2024 Gome was worth 1.7 at the beginning of the trading date compared to the closed value of 1.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gome Telecom stock. Still, in general, we apply an absolute valuation method to find Gome Telecom'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 Gome Telecom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gome Telecom's related companies.
Open | High | Low | Close | Volume | |
1.72 | 1.75 | 1.67 | 1.71 | 5,183,290 | |
12/17/2024 | 1.70 | 1.70 | 1.62 | 1.62 | 5,644,500 |
1.59 | 1.62 | 1.56 | 1.59 | 3,870,663 |
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Gome Telecom Trading Date Momentum on December 17, 2024
On December 18 2024 Gome Telecom Equipment was traded for 1.59 at the closing time. The highest price during the trading period was 1.62 and the lowest recorded bid was listed for 1.56 . The volume for the day was 3.9 M. This history from December 18, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.85% . The overall trading delta to the current price is 27.78% . |
Gome Telecom Equipment Fundamentals Correlations and Trends
By evaluating Gome Telecom'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 Gome Telecom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gome financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gome Telecom Stock history
Gome Telecom 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 Gome is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gome Telecom Equipment 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 Gome Telecom stock prices may prove useful in developing a viable investing in Gome Telecom
Gome Telecom Stock Technical Analysis
Gome Telecom 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
Gome Telecom Period Price Range
Low | January 3, 2025
| High |
0.00 | 0.00 |
Gome Telecom Equipment 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.
Gome Telecom January 3, 2025 Market Strength
Market strength indicators help investors to evaluate how Gome Telecom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gome Telecom shares will generate the highest return on investment. By undertsting and applying Gome Telecom stock market strength indicators, traders can identify Gome Telecom Equipment entry and exit signals to maximize returns
Gome Telecom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gome Telecom's price direction in advance. Along with the technical and fundamental analysis of Gome Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gome 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 | (0.18) | |||
Jensen Alpha | (0.85) | |||
Total Risk Alpha | (0.91) | |||
Treynor Ratio | 5.36 |
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When running Gome Telecom's price analysis, check to measure Gome Telecom'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 Gome Telecom is operating at the current time. Most of Gome Telecom's value examination focuses on studying past and present price action to predict the probability of Gome Telecom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gome Telecom's price. Additionally, you may evaluate how the addition of Gome Telecom to your portfolios can decrease your overall portfolio volatility.
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