G Bits (China) Price on October 30, 2023

603444 Stock   206.70  3.28  1.56%   
If you're considering investing in 603444 Stock, it is important to understand the factors that can impact its price. As of today, the current price of G Bits stands at 206.70, as last reported on the 4th of January, with the highest price reaching 212.58 and the lowest price hitting 203.01 during the day. G bits Network holds Efficiency (Sharpe) Ratio of -0.12, which attests that the company had a -0.12% return per unit of standard deviation over the last 3 months. G bits Network exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out G Bits' mean deviation of 2.23, and Coefficient Of Variation of (855.32) to validate the risk estimate we provide.
  
603444 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1169

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Negative Returns603444

Estimated Market Risk

 2.91
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.34
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average G Bits 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 by adding G Bits to a well-diversified portfolio.

G Bits Valuation on October 30, 2023

It is possible to determine the worth of G Bits on a given historical date. On October 30, 2023 603444 was worth 262.0 at the beginning of the trading date compared to the closed value of 267.04. 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
  263.00    267.83    256.00    264.00    2,544,897  
10/30/2023
  262.00    267.13    257.00    267.04    1,646,754  
  266.80    271.49    263.76    266.00    1,272,604  
Backtest G Bits  |  G Bits History  |  G Bits Valuation   PreviousNext  
Open Value
262.0
253.28
Downside
267.04
Closing Value
270.72
Upside

G Bits Trading Date Momentum on October 30, 2023

On October 31 2023 G bits Network Technology was traded for  266.00  at the closing time. The highest price during the trading period was 271.49  and the lowest recorded bid was listed for  263.76 . The volume for the day was 1.3 M. This history from October 31, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.39% . The overall trading delta to the current price is 13.90% .

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

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.
A focus of G Bits 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 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 Period Price Range

Low
January 4, 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 January 4, 2025 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.

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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