Montage Technology (China) Price on November 21, 2024
| 688008 Stock | 75.48 4.51 5.64% |
Below is the normalized historical share price chart for Montage Technology Co extending back to July 22, 2019. 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 Montage Technology stands at 75.48, as last reported on the 30th of December, with the highest price reaching 79.69 and the lowest price hitting 75.47 during the day.
If you're considering investing in Montage Stock, it is important to understand the factors that can impact its price. Montage Technology has Sharpe Ratio of -0.0072, which conveys that the firm had a -0.0072% return per unit of risk over the last 3 months. Montage Technology exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Montage Technology's Risk Adjusted Performance of 0.1274, mean deviation of 3.43, and Downside Deviation of 3.52 to check out the risk estimate we provide.
At present, Montage Technology's 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 1.2 B, whereas Total Stockholder Equity is forecasted to decline to about 6.8 B. . Montage Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 57.6515 | 50 Day MA 69.3408 | Beta 0.658 |
Montage |
Sharpe Ratio = -0.0072
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 688008 |
Estimated Market Risk
| 3.91 actual daily | 34 66% 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 Montage Technology 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 Montage Technology by adding Montage Technology to a well-diversified portfolio.
Price Book 8.2259 | Enterprise Value Ebitda 62.5486 | Price Sales 24.5972 | Shares Float 958.4 M | Wall Street Target Price 78 |
Montage Technology Valuation on November 21, 2024
It is possible to determine the worth of Montage Technology on a given historical date. On November 21, 2024 Montage was worth 67.8 at the beginning of the trading date compared to the closed value of 67.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Montage Technology stock. Still, in general, we apply an absolute valuation method to find Montage Technology'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 Montage Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Montage Technology's related companies.
| Open | High | Low | Close | Volume | |
| 67.50 | 68.67 | 67.17 | 67.96 | 25,146,550 | |
11/21/2024 | 67.80 | 68.85 | 66.84 | 67.60 | 26,035,858 |
| 67.81 | 68.88 | 63.88 | 63.91 | 34,776,061 |
| Backtest Montage Technology | | | Montage Technology History | | | Montage Technology Valuation | Previous | Next |
Montage Technology Trading Date Momentum on November 21, 2024
| On November 22 2024 Montage Technology Co was traded for 63.91 at the closing time. The highest price during the trading period was 68.88 and the lowest recorded bid was listed for 63.88 . The volume for the day was 34.8 M. This history from November 22, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.46% . The trading delta at closing time to the current price is 1.54% . |
Montage Technology Fundamentals Correlations and Trends
By evaluating Montage Technology'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 Montage Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Montage financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Montage Technology Stock history
Montage Technology 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 Montage is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Montage Technology 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 Montage Technology stock prices may prove useful in developing a viable investing in Montage Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.1 B | 1.2 B | |
| Net Income Applicable To Common Shares | 1.5 B | 839.4 M |
Montage Technology Quarterly Net Working Capital |
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Montage Technology Stock Technical Analysis
Montage Technology 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
Montage Technology Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Montage Technology 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.
Montage Technology December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Montage Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Montage Technology shares will generate the highest return on investment. By undertsting and applying Montage Technology stock market strength indicators, traders can identify Montage Technology Co entry and exit signals to maximize returns
Montage Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Montage Technology's price direction in advance. Along with the technical and fundamental analysis of Montage Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Montage 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 | 0.1274 | |||
| Jensen Alpha | 0.7491 | |||
| Total Risk Alpha | 0.6081 | |||
| Sortino Ratio | 0.2065 | |||
| Treynor Ratio | 24.75 |
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| Volume Indicators |
Complementary Tools for Montage Stock analysis
When running Montage Technology's price analysis, check to measure Montage Technology'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 Montage Technology is operating at the current time. Most of Montage Technology's value examination focuses on studying past and present price action to predict the probability of Montage Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Montage Technology's price. Additionally, you may evaluate how the addition of Montage Technology to your portfolios can decrease your overall portfolio volatility.
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