Bomin Electronics (China) Price on September 25, 2024
| 603936 Stock | 9.21 0.17 1.88% |
Below is the normalized historical share price chart for Bomin Electronics Co extending back to December 09, 2015. 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 Bomin Electronics stands at 9.21, as last reported on the 20th of December, with the highest price reaching 9.30 and the lowest price hitting 8.94 during the day.
If you're considering investing in Bomin Stock, it is important to understand the factors that can impact its price. Bomin Electronics appears to be slightly risky, given 3 months investment horizon. Bomin Electronics secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. By analyzing Bomin Electronics' technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of Bomin Electronics' Risk Adjusted Performance of 0.1234, downside deviation of 3.15, and Mean Deviation of 2.27 to double-check if our risk estimates are consistent with your expectations.
At present, Bomin Electronics' 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 2.4 B, whereas Common Stock is forecasted to decline to about 295.2 M. . Bomin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 7.9693 | 50 Day MA 8.862 | Beta 0.892 |
Bomin |
Sharpe Ratio = 0.1592
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 603936 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.21 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Bomin Electronics is performing at about 12% 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 Bomin Electronics by adding it to a well-diversified portfolio.
Price Book 1.2568 | Enterprise Value Ebitda 105.0149 | Price Sales 1.9546 | Shares Float 498 M | Wall Street Target Price 14.5 |
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Bomin Electronics Valuation on September 25, 2024
It is possible to determine the worth of Bomin Electronics on a given historical date. On September 25, 2024 Bomin was worth 7.11 at the beginning of the trading date compared to the closed value of 7.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bomin Electronics stock. Still, in general, we apply an absolute valuation method to find Bomin Electronics' 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 Bomin Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bomin Electronics' related companies.
| Open | High | Low | Close | Volume | |
| 6.99 | 7.13 | 6.82 | 7.13 | 31,395,260 | |
09/25/2024 | 7.11 | 7.31 | 7.10 | 7.13 | 29,763,753 |
| 7.10 | 7.35 | 7.08 | 7.32 | 26,076,540 |
| Backtest Bomin Electronics | | | Bomin Electronics History | | | Bomin Electronics Valuation | Previous | Next |
Bomin Electronics Trading Date Momentum on September 25, 2024
| On September 26 2024 Bomin Electronics Co was traded for 7.32 at the closing time. The highest price during the trading period was 7.35 and the lowest recorded bid was listed for 7.08 . The volume for the day was 26.1 M. This history from September 26, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.66% . The overall trading delta to the current price is 29.03% . |
Bomin Electronics Fundamentals Correlations and Trends
By evaluating Bomin Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bomin Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bomin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bomin Electronics Stock history
Bomin Electronics 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 Bomin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bomin Electronics 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 Bomin Electronics stock prices may prove useful in developing a viable investing in Bomin Electronics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 638 M | 528.4 M | |
| Net Income Applicable To Common Shares | 90.4 M | 147.5 M |
Bomin Electronics Stock Technical Analysis
Bomin Electronics 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
Bomin Electronics Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Bomin Electronics Co 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.
Bomin Electronics December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Bomin Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bomin Electronics shares will generate the highest return on investment. By undertsting and applying Bomin Electronics stock market strength indicators, traders can identify Bomin Electronics Co entry and exit signals to maximize returns
Bomin Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bomin Electronics' price direction in advance. Along with the technical and fundamental analysis of Bomin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bomin 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 | 0.1234 | |||
| Jensen Alpha | 0.4536 | |||
| Total Risk Alpha | 0.3534 | |||
| Sortino Ratio | 0.1339 | |||
| Treynor Ratio | (1.27) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Bomin Stock analysis
When running Bomin Electronics' price analysis, check to measure Bomin Electronics' 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 Bomin Electronics is operating at the current time. Most of Bomin Electronics' value examination focuses on studying past and present price action to predict the probability of Bomin Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bomin Electronics' price. Additionally, you may evaluate how the addition of Bomin Electronics to your portfolios can decrease your overall portfolio volatility.
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