Ningbo Boway (China) Price History

601137 Stock   20.30  2.25  9.98%   
Below is the normalized historical share price chart for Ningbo Boway Alloy extending back to January 27, 2011. 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 Ningbo Boway stands at 20.30, as last reported on the 31st of December, with the highest price reaching 22.17 and the lowest price hitting 20.30 during the day.
IPO Date
27th of January 2011
200 Day MA
16.6122
50 Day MA
18.693
Beta
0.321
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Ningbo Stock, it is important to understand the factors that can impact its price. Ningbo Boway appears to be not too volatile, given 3 months investment horizon. Ningbo Boway Alloy has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ningbo Boway, which you can use to evaluate the volatility of the firm. Please exercise Ningbo Boway's Downside Deviation of 2.82, risk adjusted performance of 0.2053, and Mean Deviation of 2.57 to check out if our risk estimates are consistent with your expectations.
  
At present, Ningbo Boway's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 954 M, whereas Other Stockholder Equity is projected to grow to (82.3 M). . Ningbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1207

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Estimated Market Risk

 3.06
  actual daily
27
73% of assets are more volatile

Expected Return

 0.37
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Ningbo Boway is performing at about 9% 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 Ningbo Boway by adding it to a well-diversified portfolio.
Price Book
2.3333
Enterprise Value Ebitda
12.2162
Price Sales
0.826
Shares Float
381.9 M
Wall Street Target Price
23.15

Ningbo Boway Stock Price History Chart

There are several ways to analyze Ningbo Stock price data. The simplest method is using a basic Ningbo candlestick price chart, which shows Ningbo Boway 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 PriceDecember 30, 202422.55
Lowest PriceOctober 11, 202416.06

Ningbo Boway December 31, 2024 Stock Price Synopsis

Various analyses of Ningbo Boway's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Ningbo Stock. It can be used to describe the percentage change in the price of Ningbo Boway from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Ningbo Stock.
Ningbo Boway Price Rate Of Daily Change 0.90 
Ningbo Boway Price Daily Balance Of Power(1.20)
Ningbo Boway Accumulation Distribution 5,949,368 
Ningbo Boway Price Action Indicator(2.06)

Ningbo Boway December 31, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Ningbo Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Ningbo Boway intraday prices and daily technical indicators to check the level of noise trading in Ningbo Stock and then apply it to test your longer-term investment strategies against Ningbo.

Ningbo Stock Price History Data

The price series of Ningbo Boway for the period between Wed, Oct 2, 2024 and Tue, Dec 31, 2024 has a statistical range of 9.0 with a coefficient of variation of 8.43. The prices are distributed with arithmetic mean of 18.08. The median price for the last 90 days is 18.19. The company had 20:10 stock split on 22nd of April 2016. Ningbo Boway Alloy issued dividends on 2024-06-19.
OpenHighLowCloseVolume
12/31/2024 22.00  22.17  20.30  20.30  70,533,417 
12/30/2024 21.25  22.98  21.25  22.55  72,452,775 
12/27/2024 20.10  21.61  19.88  20.98  67,739,046 
12/26/2024 19.38  20.28  18.88  20.01  48,760,414 
12/25/2024 18.56  19.09  18.33  18.87  27,349,945 
12/24/2024 18.41  18.83  18.30  18.53  21,384,337 
12/23/2024 18.44  18.96  18.32  18.41  30,384,967 
12/20/2024 17.97  18.58  17.87  18.42  27,441,339 
12/19/2024 17.41  18.05  17.24  17.94  17,325,988 
12/18/2024 17.85  17.89  17.47  17.50  15,108,166 
12/17/2024 17.72  18.13  17.61  17.81  19,058,071 
12/16/2024 17.70  17.98  17.58  17.69  13,858,127 
12/13/2024 17.92  17.97  17.59  17.62  15,223,067 
12/12/2024 18.06  18.18  17.81  18.05  16,624,965 
12/11/2024 17.85  18.16  17.82  18.09  13,681,207 
12/10/2024 18.45  18.53  17.86  17.92  23,090,288 
12/09/2024 17.73  18.10  17.57  17.98  28,397,243 
12/06/2024 17.33  17.74  17.20  17.72  18,839,085 
12/05/2024 17.36  17.59  17.27  17.36  12,875,824 
12/04/2024 17.60  17.69  17.25  17.37  16,947,249 
12/03/2024 17.83  17.97  17.42  17.60  21,423,508 
12/02/2024 17.66  18.12  17.39  17.83  32,407,280 
11/29/2024 17.90  18.40  17.71  18.32  17,002,364 
11/28/2024 18.32  18.40  17.85  17.96  13,285,280 
11/27/2024 18.12  18.41  17.83  18.40  15,134,089 
11/26/2024 18.34  18.57  18.17  18.19  9,200,630 
11/25/2024 18.48  18.56  18.07  18.39  13,876,302 
11/22/2024 19.20  19.32  18.33  18.38  18,853,245 
11/21/2024 19.28  19.67  18.90  19.19  17,034,304 
11/20/2024 19.25  19.43  19.02  19.28  16,603,005 
11/19/2024 18.71  19.28  18.68  19.25  23,808,857 
11/18/2024 18.90  19.08  18.20  18.36  28,505,574 
11/15/2024 20.05  20.28  19.00  19.08  32,566,222 
11/14/2024 19.98  20.50  19.78  19.85  29,151,439 
11/13/2024 19.29  20.85  19.24  20.18  49,671,154 
11/12/2024 19.40  19.68  19.00  19.24  22,659,738 
11/11/2024 18.63  19.32  18.63  19.24  28,865,284 
11/08/2024 19.02  19.23  18.66  18.83  24,952,075 
11/07/2024 18.80  19.05  18.58  19.02  34,835,027 
11/06/2024 19.55  20.15  19.25  19.38  31,480,537 
11/05/2024 19.46  19.65  19.15  19.54  27,543,511 
11/04/2024 19.25  19.63  19.19  19.48  23,864,090 
11/01/2024 19.42  19.80  19.07  19.16  30,115,650 
10/31/2024 19.50  20.13  18.97  19.71  39,749,558 
10/30/2024 18.68  19.49  18.53  19.12  30,700,883 
10/29/2024 19.35  19.78  18.62  18.68  42,939,039 
10/28/2024 19.50  19.53  18.67  19.32  46,310,612 
10/25/2024 18.39  19.43  18.39  19.43  63,119,587 
10/24/2024 17.85  17.96  17.51  17.66  16,110,100 
10/23/2024 17.67  18.32  17.67  17.96  26,555,995 
10/22/2024 17.38  18.08  17.11  17.80  27,662,841 
10/21/2024 17.25  17.77  17.08  17.31  29,422,737 
10/18/2024 16.30  17.40  16.23  17.01  31,269,729 
10/17/2024 16.35  16.35  16.35  16.35  16,585,543 
10/16/2024 16.00  16.52  15.90  16.35  12,998,479 
10/15/2024 16.61  17.05  16.30  16.31  21,041,410 
10/14/2024 16.15  16.84  15.83  16.71  20,465,468 
10/11/2024 16.66  16.88  15.85  16.06  22,210,927 
10/10/2024 17.10  17.53  16.71  16.80  21,658,851 
10/09/2024 17.97  17.98  16.68  16.88  36,594,970 
10/08/2024 19.12  19.12  17.41  18.52  46,299,388 

About Ningbo Boway Stock history

Ningbo Boway 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 Ningbo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ningbo Boway Alloy 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 Ningbo Boway stock prices may prove useful in developing a viable investing in Ningbo Boway
Last ReportedProjected for Next Year
Common Stock Shares Outstanding781.9 M800 M
Net Income Applicable To Common Shares356.8 M210.7 M

Ningbo Boway Quarterly Net Working Capital

4.11 Billion

Ningbo Boway Stock Technical Analysis

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

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Ningbo Boway Technical and Predictive Indicators

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

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