Beijing Roborock (China) Price on February 29, 2024

688169 Stock   211.02  1.02  0.49%   
If you're considering investing in Beijing Stock, it is important to understand the factors that can impact its price. As of today, the current price of Beijing Roborock stands at 211.02, as last reported on the 27th of December, with the highest price reaching 213.42 and the lowest price hitting 207.19 during the day. Beijing Roborock Tec secures Sharpe Ratio (or Efficiency) of -0.0952, which signifies that the company had a -0.0952% return per unit of risk over the last 3 months. Beijing Roborock Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijing Roborock's Standard Deviation of 3.98, mean deviation of 2.61, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide.
  
Beijing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0952

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Estimated Market Risk

 3.98
  actual daily
35
65% of assets are more volatile

Expected Return

 -0.38
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Beijing Roborock 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 Beijing Roborock by adding Beijing Roborock to a well-diversified portfolio.

Beijing Roborock Valuation on February 29, 2024

It is possible to determine the worth of Beijing Roborock on a given historical date. On February 29, 2024 Beijing was worth 316.33 at the beginning of the trading date compared to the closed value of 325.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beijing Roborock stock. Still, in general, we apply an absolute valuation method to find Beijing Roborock'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 Beijing Roborock where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beijing Roborock's related companies.
 Open High Low Close Volume
  325.00    326.02    317.05    318.74    1,394,149  
02/29/2024
  316.33    328.00    316.00    325.77    1,476,353  
  326.44    329.00    321.23    324.00    1,686,356  
Backtest Beijing Roborock  |  Beijing Roborock History  |  Beijing Roborock Valuation   PreviousNext  
Open Value
316.33
304.39
Downside
325.77
Closing Value
328.27
Upside

Beijing Roborock Trading Date Momentum on February 29, 2024

On March 01 2024 Beijing Roborock Technology was traded for  324.00  at the closing time. The highest price during the trading period was 329.00  and the lowest recorded bid was listed for  321.23 . The volume for the day was 1.7 M. This history from March 1, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.54% . The overall trading delta to the current price is 1.30% .

Beijing Roborock Tec Fundamentals Correlations and Trends

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

About Beijing Roborock Stock history

Beijing Roborock 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 Beijing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beijing Roborock Tec 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 Beijing Roborock stock prices may prove useful in developing a viable investing in Beijing Roborock

Beijing Roborock Stock Technical Analysis

Beijing Roborock 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 Beijing Roborock technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Beijing Roborock 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

Beijing Roborock Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Beijing Roborock 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.

Beijing Roborock December 27, 2024 Market Strength

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

Beijing Roborock Technical and Predictive Indicators

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

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