Bandwidth Stock Price on December 11, 2024

BAND Stock  USD 17.02  0.13  0.77%   
If you're considering investing in Bandwidth Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bandwidth stands at 17.02, as last reported on the 31st of December, with the highest price reaching 17.39 and the lowest price hitting 16.90 during the day. At this point, Bandwidth is somewhat reliable. Bandwidth secures Sharpe Ratio (or Efficiency) of 0.0024, which signifies that the company had a 0.0024% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bandwidth, which you can use to evaluate the volatility of the firm. Please confirm Bandwidth's Risk Adjusted Performance of 0.0093, downside deviation of 2.59, and Mean Deviation of 2.34 to double-check if the risk estimate we provide is consistent with the expected return of 0.0072%.
  
Bandwidth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0024

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Estimated Market Risk

 3.01
  actual daily
26
74% of assets are more volatile

Expected Return

 0.01
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Most of other assets have higher returns

Risk-Adjusted Return

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Most of other assets perform better
Based on monthly moving average Bandwidth 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 Bandwidth by adding Bandwidth to a well-diversified portfolio.

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Bandwidth Valuation on December 11, 2024

It is possible to determine the worth of Bandwidth on a given historical date. On December 11, 2024 Bandwidth was worth 20.0 at the beginning of the trading date compared to the closed value of 20.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bandwidth stock. Still, in general, we apply an absolute valuation method to find Bandwidth'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 Bandwidth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bandwidth's related companies.
 Open High Low Close Volume
  20.35    20.40    19.71    19.81    153,460  
12/11/2024
  20.00    20.33    19.45    20.25    140,064  
  20.10    20.23    19.54    19.59    161,590  
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Open Value
20.0
20.25
Closing Value
29.03
Upside

Bandwidth Trading Date Momentum on December 11, 2024

On December 12 2024 Bandwidth was traded for  19.59  at the closing time. The top price for the day was 20.23  and the lowest listed price was  19.54 . The trading volume for the day was 161.6 K. The trading history from December 12, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.26% . The overall trading delta against the current closing price is 10.37% .

Bandwidth Fundamentals Correlations and Trends

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

About Bandwidth Stock history

Bandwidth 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 Bandwidth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bandwidth 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 Bandwidth stock prices may prove useful in developing a viable investing in Bandwidth
Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service provider in the United States. Bandwidth Inc. was founded in 2000 and is headquartered in Raleigh, North Carolina. Bandwidth operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 1100 people.

Bandwidth Stock Technical Analysis

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

Bandwidth Period Price Range

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Bandwidth cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Bandwidth December 31, 2024 Market Strength

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

Bandwidth Technical and Predictive Indicators

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

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