HOB Biotech (China) Price on November 28, 2024
| 688656 Stock | 111.45 1.35 1.23% |
If you're considering investing in HOB Stock, it is important to understand the factors that can impact its price. As of today, the current price of HOB Biotech stands at 111.45, as last reported on the 13th of December 2024, with the highest price reaching 114.94 and the lowest price hitting 106.85 during the day. HOB Biotech is very steady given 3 months investment horizon. HOB Biotech Group retains Efficiency (Sharpe Ratio) of 0.38, which attests that the entity had a 0.38% return per unit of return volatility over the last 3 months. We were able to analyze twenty-eight different technical indicators, which can help you to evaluate if expected returns of 3.16% are justified by taking the suggested risk. Use HOB Biotech Group Market Risk Adjusted Performance of 2.29, downside deviation of 5.77, and Semi Deviation of 3.59 to evaluate company specific risk that cannot be diversified away.
At present, HOB Biotech's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 703.5 M, whereas Total Stockholder Equity is forecasted to decline to about 410.5 M. . HOB Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
HOB |
Sharpe Ratio = 0.3827
| Best Portfolio | Best Equity | |||
| Good Returns | 688656 | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.25 actual daily | 73 73% of assets are less volatile |
Expected Return
| 3.16 actual daily | 63 63% of assets have lower returns |
Risk-Adjusted Return
| 0.38 actual daily | 30 70% of assets perform better |
Based on monthly moving average HOB Biotech is performing at about 30% 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 HOB Biotech by adding it to a well-diversified portfolio.
Price Book 8.6135 | Enterprise Value Ebitda 155.1982 | Price Sales 17.4363 | Shares Float 18.7 M | Dividend Share 0.4 |
HOB Biotech Valuation on November 28, 2024
It is possible to determine the worth of HOB Biotech on a given historical date. On November 28, 2024 HOB was worth 151.44 at the beginning of the trading date compared to the closed value of 140.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of HOB Biotech stock. Still, in general, we apply an absolute valuation method to find HOB Biotech'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 HOB Biotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against HOB Biotech's related companies.
| Open | High | Low | Close | Volume | |
| 135.01 | 146.70 | 133.00 | 144.97 | 2,767,650 | |
11/28/2024 | 151.44 | 152.10 | 134.00 | 140.00 | 2,672,261 |
| 137.00 | 139.00 | 124.60 | 132.39 | 3,430,593 |
| Backtest HOB Biotech | | | HOB Biotech History | | | HOB Biotech Valuation | Previous | Next |
HOB Biotech Trading Date Momentum on November 28, 2024
| On November 29 2024 HOB Biotech Group was traded for 132.39 at the closing time. The highest price during the trading period was 139.00 and the lowest recorded bid was listed for 124.60 . The volume for the day was 3.4 M. This history from November 29, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 5.44% . The trading delta at closing time to the current price is 22.14% . |
HOB Biotech Group Fundamentals Correlations and Trends
By evaluating HOB Biotech'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 HOB Biotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. HOB financial account trend analysis is a perfect complement when working with valuation or volatility modules.About HOB Biotech Stock history
HOB Biotech 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 HOB is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in HOB Biotech Group 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 HOB Biotech stock prices may prove useful in developing a viable investing in HOB Biotech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 63.1 M | 57.6 M |
HOB Biotech Quarterly Net Working Capital |
|
HOB Biotech Stock Technical Analysis
HOB Biotech 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
HOB Biotech Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
HOB Biotech Group cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock 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.
HOB Biotech December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how HOB Biotech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading HOB Biotech shares will generate the highest return on investment. By undertsting and applying HOB Biotech stock market strength indicators, traders can identify HOB Biotech Group entry and exit signals to maximize returns
HOB Biotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for HOB Biotech's price direction in advance. Along with the technical and fundamental analysis of HOB Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of HOB 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 | 0.2592 | |||
| Jensen Alpha | 2.55 | |||
| Total Risk Alpha | 1.58 | |||
| Sortino Ratio | 0.4458 | |||
| Treynor Ratio | 2.28 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for HOB Stock analysis
When running HOB Biotech's price analysis, check to measure HOB Biotech'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 HOB Biotech is operating at the current time. Most of HOB Biotech's value examination focuses on studying past and present price action to predict the probability of HOB Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HOB Biotech's price. Additionally, you may evaluate how the addition of HOB Biotech to your portfolios can decrease your overall portfolio volatility.
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |