Broadcom Stock Price on June 12, 2024
| AVGO Stock | 57.85 0.62 1.08% |
If you're considering investing in Broadcom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Broadcom stands at 57.85, as last reported on the 30th of December, with the highest price reaching 58.62 and the lowest price hitting 56.48 during the day. Broadcom appears to be very steady, given 3 months investment horizon. Broadcom 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 Broadcom's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please makes use of Broadcom's Mean Deviation of 2.41, downside deviation of 2.4, and Risk Adjusted Performance of 0.1197 to double-check if our risk estimates are consistent with your expectations.
Broadcom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Broadcom |
Sharpe Ratio = 0.1627
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Estimated Market Risk
| 4.12 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Broadcom 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 Broadcom by adding it to a well-diversified portfolio.
Price Book 15.748 | Book Value 59.221 | Enterprise Value 1.7 T | Enterprise Value Ebitda 49.8926 | Price Sales 35.2697 |
Broadcom Valuation on June 12, 2024
It is possible to determine the worth of Broadcom on a given historical date. On June 12, 2024 Broadcom was worth 35.74 at the beginning of the trading date compared to the closed value of 35.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Broadcom stock. Still, in general, we apply an absolute valuation method to find Broadcom'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 Broadcom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Broadcom's related companies.
| Open | High | Low | Close | Volume | |
| 34.49 | 34.95 | 33.83 | 34.95 | 41,113 | |
06/12/2024 | 35.74 | 35.87 | 35.28 | 35.77 | 80,669 |
| 40.93 | 41.91 | 39.47 | 41.91 | 216,239 |
| Backtest Broadcom | | | Broadcom History | | | Broadcom Valuation | Previous | Next |
Broadcom Trading Date Momentum on June 12, 2024
| On June 13 2024 Broadcom was traded for 41.91 at the closing time. The highest price during the trading period was 41.91 and the lowest recorded bid was listed for 39.47 . The volume for the day was 216.2 K. This history from June 13, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 17.17% . The overall trading delta to the current price is 10.29% . |
Broadcom Fundamentals Correlations and Trends
By evaluating Broadcom'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 Broadcom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Broadcom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Broadcom Stock history
Broadcom 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 Broadcom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Broadcom 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 Broadcom stock prices may prove useful in developing a viable investing in Broadcom
Broadcom Stock Technical Analysis
Broadcom 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
Broadcom Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
Broadcom cannot be verified against its exchange. Please verify the symbol is currently traded on NEO 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.
Broadcom December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Broadcom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Broadcom shares will generate the highest return on investment. By undertsting and applying Broadcom stock market strength indicators, traders can identify Broadcom entry and exit signals to maximize returns
Broadcom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Broadcom's price direction in advance. Along with the technical and fundamental analysis of Broadcom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Broadcom 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 | 0.1197 | |||
| Jensen Alpha | 0.5745 | |||
| Total Risk Alpha | 0.4438 | |||
| Sortino Ratio | 0.2229 | |||
| Treynor Ratio | (0.68) |
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| Volume Indicators |
Complementary Tools for Broadcom Stock analysis
When running Broadcom's price analysis, check to measure Broadcom'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 Broadcom is operating at the current time. Most of Broadcom's value examination focuses on studying past and present price action to predict the probability of Broadcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadcom's price. Additionally, you may evaluate how the addition of Broadcom to your portfolios can decrease your overall portfolio volatility.
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