Bright Dairy (China) Price History
| 600597 Stock | 9.47 0.49 4.92% |
Below is the normalized historical share price chart for Bright Dairy Food extending back to August 28, 2002. 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 Bright Dairy stands at 9.47, as last reported on the 16th of December 2024, with the highest price reaching 9.82 and the lowest price hitting 9.45 during the day.
If you're considering investing in Bright Stock, it is important to understand the factors that can impact its price. Bright Dairy appears to be somewhat reliable, given 3 months investment horizon. Bright Dairy Food secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bright Dairy Food, which you can use to evaluate the volatility of the firm. Please makes use of Bright Dairy's Downside Deviation of 2.2, mean deviation of 1.57, and Risk Adjusted Performance of 0.123 to double-check if our risk estimates are consistent with your expectations.
At present, Bright Dairy's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 1.4 B, whereas Common Stock is forecasted to decline to about 1.2 B. . Bright Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of August 2002 | 200 Day MA 8.5486 | 50 Day MA 8.7302 | Beta 0.514 |
Bright |
Sharpe Ratio = 0.1939
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600597 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Bright Dairy is performing at about 15% 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 Bright Dairy by adding it to a well-diversified portfolio.
Price Book 1.4934 | Enterprise Value Ebitda 62.3762 | Price Sales 0.5387 | Shares Float 655.4 M | Wall Street Target Price 9.45 |
Bright Dairy Stock Price History Chart
There are several ways to analyze Bright Stock price data. The simplest method is using a basic Bright candlestick price chart, which shows Bright Dairy price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | December 12, 2024 | 9.96 |
| Lowest Price | September 18, 2024 | 7.29 |
Bright Dairy December 16, 2024 Stock Price Synopsis
Various analyses of Bright Dairy's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Bright Stock. It can be used to describe the percentage change in the price of Bright Dairy from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Bright Stock.| Bright Dairy Price Action Indicator | (0.41) | |
| Bright Dairy Price Daily Balance Of Power | (1.32) | |
| Bright Dairy Price Rate Of Daily Change | 0.95 |
Bright Dairy December 16, 2024 Stock Price Analysis
Bright Stock Price History Data
The price series of Bright Dairy for the period between Tue, Sep 17, 2024 and Mon, Dec 16, 2024 has a statistical range of 2.67 with a coefficient of variation of 6.62. The prices are distributed with arithmetic mean of 8.47. The median price for the last 90 days is 8.58. The company had 1.6:1 stock split on 11th of June 2004. Bright Dairy Food issued dividends on 2024-06-28.| Open | High | Low | Close | Volume | ||
12/16/2024 | 9.81 | 9.82 | 9.45 | 9.47 | ||
| 12/13/2024 | 9.81 | 9.82 | 9.45 | 9.47 | 57,594,801 | |
| 12/12/2024 | 9.35 | 9.96 | 9.24 | 9.96 | 84,455,431 | |
| 12/11/2024 | 9.08 | 9.64 | 9.03 | 9.47 | 69,610,687 | |
| 12/10/2024 | 9.04 | 9.24 | 8.97 | 9.03 | 47,743,880 | |
| 12/09/2024 | 8.85 | 8.92 | 8.78 | 8.83 | 11,310,996 | |
| 12/06/2024 | 8.76 | 8.88 | 8.73 | 8.86 | 12,079,846 | |
| 12/05/2024 | 8.77 | 8.79 | 8.69 | 8.76 | 8,809,800 | |
| 12/04/2024 | 8.84 | 8.93 | 8.75 | 8.77 | 14,101,389 | |
| 12/03/2024 | 8.98 | 8.98 | 8.82 | 8.87 | 14,898,900 | |
| 12/02/2024 | 8.83 | 8.99 | 8.83 | 8.94 | 17,458,002 | |
| 11/29/2024 | 8.77 | 8.92 | 8.76 | 8.87 | 19,380,439 | |
| 11/28/2024 | 8.71 | 8.84 | 8.66 | 8.77 | 15,600,406 | |
| 11/27/2024 | 8.56 | 8.71 | 8.44 | 8.71 | 12,046,975 | |
| 11/26/2024 | 8.53 | 8.62 | 8.51 | 8.56 | 8,612,301 | |
| 11/25/2024 | 8.45 | 8.57 | 8.43 | 8.53 | 7,665,607 | |
| 11/22/2024 | 8.70 | 8.73 | 8.48 | 8.48 | 11,420,023 | |
| 11/21/2024 | 8.71 | 8.74 | 8.64 | 8.71 | 9,473,260 | |
| 11/20/2024 | 8.64 | 8.73 | 8.60 | 8.72 | 10,946,112 | |
| 11/19/2024 | 8.61 | 8.65 | 8.51 | 8.65 | 11,273,488 | |
| 11/18/2024 | 8.58 | 8.72 | 8.55 | 8.60 | 12,773,006 | |
| 11/15/2024 | 8.65 | 8.74 | 8.57 | 8.58 | 13,887,098 | |
| 11/14/2024 | 8.90 | 8.90 | 8.62 | 8.69 | 16,528,192 | |
| 11/13/2024 | 8.85 | 9.06 | 8.82 | 8.90 | 24,101,671 | |
| 11/12/2024 | 8.80 | 8.93 | 8.74 | 8.82 | 20,711,109 | |
| 11/11/2024 | 8.80 | 8.85 | 8.67 | 8.81 | 17,153,821 | |
| 11/08/2024 | 9.01 | 9.08 | 8.82 | 8.86 | 23,806,705 | |
| 11/07/2024 | 8.66 | 8.98 | 8.61 | 8.95 | 32,837,464 | |
| 11/06/2024 | 8.63 | 8.70 | 8.56 | 8.68 | 19,808,350 | |
| 11/05/2024 | 8.50 | 8.66 | 8.47 | 8.65 | 19,062,988 | |
| 11/04/2024 | 8.42 | 8.54 | 8.36 | 8.53 | 15,024,850 | |
| 11/01/2024 | 8.40 | 8.50 | 8.34 | 8.42 | 17,177,429 | |
| 10/31/2024 | 8.41 | 8.47 | 8.30 | 8.42 | 23,985,419 | |
| 10/30/2024 | 8.62 | 8.72 | 8.56 | 8.62 | 12,624,291 | |
| 10/29/2024 | 8.97 | 8.98 | 8.62 | 8.65 | 22,272,060 | |
| 10/28/2024 | 8.60 | 8.81 | 8.56 | 8.80 | 18,171,753 | |
| 10/25/2024 | 8.48 | 8.58 | 8.48 | 8.58 | 14,926,600 | |
| 10/24/2024 | 8.46 | 8.52 | 8.44 | 8.48 | 9,055,458 | |
| 10/23/2024 | 8.46 | 8.52 | 8.42 | 8.50 | 15,330,698 | |
| 10/22/2024 | 8.35 | 8.48 | 8.33 | 8.46 | 14,838,855 | |
| 10/21/2024 | 8.36 | 8.43 | 8.30 | 8.35 | 13,763,213 | |
| 10/18/2024 | 8.24 | 8.50 | 8.19 | 8.39 | 16,932,713 | |
| 10/17/2024 | 8.34 | 8.42 | 8.23 | 8.24 | 9,373,870 | |
| 10/16/2024 | 8.29 | 8.42 | 8.22 | 8.33 | 9,365,300 | |
| 10/15/2024 | 8.54 | 8.54 | 8.33 | 8.34 | 14,720,800 | |
| 10/14/2024 | 8.50 | 8.62 | 8.36 | 8.58 | 19,303,101 | |
| 10/11/2024 | 8.64 | 8.81 | 8.48 | 8.57 | 19,421,555 | |
| 10/10/2024 | 8.65 | 8.85 | 8.54 | 8.63 | 22,513,794 | |
| 10/09/2024 | 9.10 | 9.10 | 8.54 | 8.54 | 35,158,905 | |
| 10/08/2024 | 10.18 | 10.18 | 9.03 | 9.32 | 64,364,479 | |
| 09/30/2024 | 8.86 | 9.33 | 8.71 | 9.26 | 62,104,016 | |
| 09/27/2024 | 8.60 | 8.80 | 8.45 | 8.66 | 35,102,055 | |
| 09/26/2024 | 7.79 | 8.18 | 7.77 | 8.18 | 17,427,130 | |
| 09/25/2024 | 7.84 | 7.98 | 7.77 | 7.79 | 15,845,795 | |
| 09/24/2024 | 7.64 | 7.81 | 7.61 | 7.81 | 8,685,226 | |
| 09/23/2024 | 7.63 | 7.67 | 7.54 | 7.58 | 3,822,868 | |
| 09/20/2024 | 7.62 | 7.64 | 7.52 | 7.63 | 4,298,000 | |
| 09/19/2024 | 7.33 | 7.64 | 7.32 | 7.61 | 9,227,400 | |
| 09/18/2024 | 7.40 | 7.42 | 7.23 | 7.29 | 6,238,000 | |
| 09/13/2024 | 7.45 | 7.48 | 7.38 | 7.41 | 3,598,155 | |
| 09/12/2024 | 7.49 | 7.57 | 7.45 | 7.45 | 4,042,971 |
About Bright Dairy Stock history
Bright Dairy 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 Bright is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bright Dairy Food 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 Bright Dairy stock prices may prove useful in developing a viable investing in Bright Dairy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.4 B | 1.4 B | |
| Net Income Applicable To Common Shares | 414.8 M | 375.7 M |
Bright Dairy Stock Technical Analysis
Bright Dairy 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.
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Bright Dairy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bright Dairy's price direction in advance. Along with the technical and fundamental analysis of Bright Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bright 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 | 0.123 | |||
| Jensen Alpha | 0.3768 | |||
| Total Risk Alpha | 0.0738 | |||
| Sortino Ratio | 0.1251 | |||
| Treynor Ratio | (2.76) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Bright Stock analysis
When running Bright Dairy's price analysis, check to measure Bright Dairy'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 Bright Dairy is operating at the current time. Most of Bright Dairy's value examination focuses on studying past and present price action to predict the probability of Bright Dairy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Dairy's price. Additionally, you may evaluate how the addition of Bright Dairy to your portfolios can decrease your overall portfolio volatility.
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