G Bits (China) Price on September 6, 2023
603444 Stock | 223.27 1.78 0.80% |
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 stands at 223.27, as last reported on the 25th of December, with the highest price reaching 225.63 and the lowest price hitting 219.50 during the day.
If you're considering investing in 603444 Stock, it is important to understand the factors that can impact its price. At this point, G Bits is very steady. G bits Network holds Efficiency (Sharpe) Ratio of 0.0448, which attests that the company had a 0.0448% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for G bits Network, which you can use to evaluate the volatility of the entity. Please check out G Bits' semi deviation of 3.22, and Mean Deviation of 2.52 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
At present, G Bits' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 79.1 M, whereas Total Stockholder Equity is forecasted to decline to about 2.4 B. . 603444 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 195.5844 | 50 Day MA 214.5554 | Beta 0.644 |
603444 |
Sharpe Ratio = 0.0448
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Estimated Market Risk
3.42 actual daily | 30 70% of assets are more volatile |
Expected Return
0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average G Bits is performing at about 3% 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 G Bits by adding it to a well-diversified portfolio.
Price Book 3.3966 | Enterprise Value Ebitda 10.2432 | Price Sales 4.3045 | Shares Float 39.4 M | Wall Street Target Price 237.94 |
G Bits Main Headline on 6th of September 2023
Amo gives Biden ammo - POLITICO - POLITICO by news.google.com
Amo gives Biden ammo - POLITICO POLITICO
G Bits Valuation on September 6, 2023
It is possible to determine the worth of G Bits on a given historical date. On September 6, 2023 603444 was worth 403.02 at the beginning of the trading date compared to the closed value of 399.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of G Bits stock. Still, in general, we apply an absolute valuation method to find G Bits' 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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against G Bits' related companies.
Open | High | Low | Close | Volume | |
404.47 | 410.69 | 402.00 | 404.28 | 515,388 | |
09/06/2023 | 403.02 | 404.00 | 391.50 | 399.31 | 644,968 |
400.10 | 403.80 | 391.61 | 391.81 | 718,160 |
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G Bits Trading Date Momentum on September 6, 2023
On September 07 2023 G bits Network Technology was traded for 391.81 at the closing time. The highest price during the trading period was 403.80 and the lowest recorded bid was listed for 391.61 . The volume for the day was 718.2 K. This history from September 7, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 1.88% . The overall trading delta to the current price is 8.59% . |
G bits Network Fundamentals Correlations and Trends
By evaluating G Bits' 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' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 603444 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About G Bits Stock history
G Bits 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 603444 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 stock prices may prove useful in developing a viable investing in G Bits
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 72 M | 79.1 M | |
Net Income Applicable To Common Shares | 1.7 B | 851.3 M |
G Bits Quarterly Net Working Capital |
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G Bits Stock Technical Analysis
G Bits 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
G Bits Period Price Range
Low | December 25, 2024
| 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 December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how G Bits 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 shares will generate the highest return on investment. By undertsting and applying G Bits stock market strength indicators, traders can identify G bits Network Technology entry and exit signals to maximize returns
G Bits Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for G Bits' price direction in advance. Along with the technical and fundamental analysis of 603444 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 603444 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 | 0.0841 | |||
Jensen Alpha | 0.3169 | |||
Total Risk Alpha | 0.1653 | |||
Sortino Ratio | 0.083 | |||
Treynor Ratio | (1.88) |
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Complementary Tools for 603444 Stock analysis
When running G Bits' price analysis, check to measure G Bits' 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 is operating at the current time. Most of G Bits' value examination focuses on studying past and present price action to predict the probability of G Bits' 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' price. Additionally, you may evaluate how the addition of G Bits to your portfolios can decrease your overall portfolio volatility.
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