G-bits Network (China) Price on January 24, 2024

603444 Stock   220.21  7.20  3.38%   
Below is the normalized historical share price chart for G bits Network Technology extending back to January 04, 2017. 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 G-bits Network stands at 220.21, as last reported on the 30th of March, with the highest price reaching 225.55 and the lowest price hitting 217.00 during the day.
200 Day MA
204.4433
50 Day MA
222.1224
Beta
0.781
 
Covid
If you're considering investing in G-bits Stock, it is important to understand the factors that can impact its price. G bits Network holds Efficiency (Sharpe) Ratio of -0.013, which attests that the company had a -0.013 % return per unit of standard deviation over the last 3 months. G bits Network exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out G-bits Network's mean deviation of 1.56, and Coefficient Of Variation of (7,545) to validate the risk estimate we provide.
  
As of March 30, 2025, Total Stockholder Equity is expected to decline to about 2.6 B. In addition to that, Common Stock is expected to decline to about 73 M. G-bits Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.013

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Negative Returns603444

Estimated Market Risk

 2.21
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average G-bits Network 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 G-bits Network by adding G-bits Network to a well-diversified portfolio.
Price Book
3.2362
Enterprise Value Ebitda
8.9922
Price Sales
4.2926
Shares Float
38.7 M
Wall Street Target Price
237.94

G-bits Network Valuation on January 24, 2024

It is possible to determine the worth of G-bits Network on a given historical date. On January 24, 2024 G-bits was worth 206.0 at the beginning of the trading date compared to the closed value of 201.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of G-bits Network stock. Still, in general, we apply an absolute valuation method to find G-bits Network'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 G-bits Network where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against G-bits Network's related companies.
 Open High Low Close Volume
  196.01    207.87    196.01    204.96    2,419,596  
01/24/2024
  206.00    207.00    195.57    201.63    1,608,603  
  201.81    206.60    200.08    205.60    2,058,008  
Backtest G-bits Network  |  G-bits Network History  |  G-bits Network Valuation   PreviousNext  
Open Value
206.0
199.38
Downside
201.63
Closing Value
212.62
Upside

G-bits Network Trading Date Momentum on January 24, 2024

On January 25 2024 G bits Network Technology was traded for  205.60  at the closing time. The highest price during the trading period was 206.60  and the lowest recorded bid was listed for  200.08 . The volume for the day was 2.1 M. This history from January 25, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.97% . The overall trading delta to the current price is 12.21% .

G bits Network Fundamentals Correlations and Trends

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

About G-bits Network Stock history

G-bits Network 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 G-bits is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in G bits Network 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 G-bits Network stock prices may prove useful in developing a viable investing in G-bits Network
Last ReportedProjected for Next Year
Common Stock Shares Outstanding82.8 M79.1 M
Net Income Applicable To Common Shares1.7 B851.3 M

G-bits Network Quarterly Net Working Capital

3.06 Billion

G-bits Network Stock Technical Analysis

G-bits Network 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 G-bits Network technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of G-bits Network 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

G-bits Network Period Price Range

Low
March 30, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

G bits Network Technology 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.

G-bits Network March 30, 2025 Market Strength

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

G-bits Network Technical and Predictive Indicators

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

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