Aussie Broadband (Australia) Price on May 31, 2024
| ABB Stock | 3.55 0.02 0.56% |
Below is the normalized historical share price chart for Aussie Broadband extending back to October 16, 2020. 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 Aussie Broadband stands at 3.55, as last reported on the 22nd of December, with the highest price reaching 3.60 and the lowest price hitting 3.52 during the day.
If you're considering investing in Aussie Stock, it is important to understand the factors that can impact its price. Aussie Broadband secures Sharpe Ratio (or Efficiency) of -0.0364, which signifies that the company had a -0.0364% return per unit of risk over the last 3 months. Aussie Broadband exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aussie Broadband's Standard Deviation of 1.73, risk adjusted performance of (0.05), and Mean Deviation of 1.28 to double-check the risk estimate we provide.
At this time, Aussie Broadband's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.3 B in 2024, whereas Capital Stock is likely to drop slightly above 285.9 M in 2024. . Aussie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.5428 | 50 Day MA 3.6982 | Beta 0.514 |
Aussie |
Sharpe Ratio = -0.0364
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| Negative Returns | ABB |
Estimated Market Risk
| 1.68 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Aussie Broadband 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 Aussie Broadband by adding Aussie Broadband to a well-diversified portfolio.
Price Book 1.8415 | Enterprise Value Ebitda 10.4288 | Price Sales 1.0501 | Shares Float 228.7 M | Dividend Share 0.04 |
Aussie Broadband Valuation on May 31, 2024
It is possible to determine the worth of Aussie Broadband on a given historical date. On May 31, 2024 Aussie was worth 3.31 at the beginning of the trading date compared to the closed value of 3.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Aussie Broadband stock. Still, in general, we apply an absolute valuation method to find Aussie Broadband'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 Aussie Broadband where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Aussie Broadband's related companies.
| Open | High | Low | Close | Volume | |
| 3.32 | 3.33 | 3.27 | 3.31 | 442,339 | |
05/31/2024 | 3.31 | 3.41 | 3.31 | 3.40 | 681,088 |
| 3.42 | 3.42 | 3.32 | 3.32 | 301,811 |
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Aussie Broadband Trading Date Momentum on May 31, 2024
| On June 03 2024 Aussie Broadband was traded for 3.32 at the closing time. The maximum traded price for the trading interval was 3.42 and the lowest daily price was 3.32 . The daily volume was recorded at 301.8 K. The volume of trading on 3rd of June 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.35% . The overall trading delta to the closing price today is 1.76% . |
Aussie Broadband Fundamentals Correlations and Trends
By evaluating Aussie Broadband'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 Aussie Broadband's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Aussie financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Aussie Broadband Stock history
Aussie Broadband 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 Aussie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Aussie Broadband 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 Aussie Broadband stock prices may prove useful in developing a viable investing in Aussie Broadband
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 271.1 M | 231.9 M | |
| Net Income Applicable To Common Shares | 25 M | 26.2 M |
Aussie Broadband Stock Technical Analysis
Aussie Broadband 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
Aussie Broadband Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Aussie Broadband cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Aussie Broadband December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Aussie Broadband stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Aussie Broadband shares will generate the highest return on investment. By undertsting and applying Aussie Broadband stock market strength indicators, traders can identify Aussie Broadband entry and exit signals to maximize returns
Aussie Broadband Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Aussie Broadband's price direction in advance. Along with the technical and fundamental analysis of Aussie Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Aussie 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 | (0.05) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.23) |
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Additional Tools for Aussie Stock Analysis
When running Aussie Broadband's price analysis, check to measure Aussie Broadband'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 Aussie Broadband is operating at the current time. Most of Aussie Broadband's value examination focuses on studying past and present price action to predict the probability of Aussie Broadband's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aussie Broadband's price. Additionally, you may evaluate how the addition of Aussie Broadband to your portfolios can decrease your overall portfolio volatility.