If you're considering investing in BingEx Stock, it is important to understand the factors that can impact its price. As of today, the current price of BingEx stands at 7.00, as last reported on the 29th of November, with the highest price reaching 7.48 and the lowest price hitting 6.50 during the day. BingEx secures Sharpe Ratio (or Efficiency) of -0.33, which signifies that the company had a -0.33% return per unit of risk over the last 3 months. BingEx exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BingEx's Risk Adjusted Performance of (0.25), mean deviation of 4.22, and Standard Deviation of 5.87 to double-check the risk estimate we provide.
BingEx
Sale Purchase Of Stock is expected to grow at the current pace this year, whereas Total Stockholder Equity is likely to drop (2.6 B) in 2024. . BingEx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.3276
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FLX
Estimated Market Risk
5.8
actual daily
51
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Expected Return
-1.9
actual daily
0
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Risk-Adjusted Return
-0.33
actual daily
0
Most of other assets perform better
Based on monthly moving average BingEx 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 BingEx by adding BingEx to a well-diversified portfolio.
BingEx Stock Price History Chart
There are several ways to analyze BingEx Stock price data. The simplest method is using a basic BingEx candlestick price chart, which shows BingEx 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.
Various analyses of BingEx's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell BingEx Stock. It can be used to describe the percentage change in the price of BingEx from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of BingEx Stock.
BingEx Price Daily Balance Of Power
(0.13)
BingEx Price Action Indicator
(0.06)
BingEx Price Rate Of Daily Change
0.98
BingEx November 29, 2024 Stock Price Analysis
When benchmark price declines in a down market, there may be an uptick in BingEx 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 BingEx intraday prices and daily technical indicators to check the level of noise trading in BingEx Stock and then apply it to test your longer-term investment strategies against BingEx.
BingEx Stock Price History Data
The price series of BingEx for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 has a statistical range of 11.01 with a coefficient of variation of 22.99. Under current investment horizon, the daily prices are spread out with arithmetic mean of 12.23. The median price for the last 90 days is 12.87.
BingEx 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 BingEx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BingEx 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 BingEx stock prices may prove useful in developing a viable investing in BingEx
BingEx 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 BingEx technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BingEx 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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Predictive indicators are helping investors to find signals for BingEx's price direction in advance. Along with the technical and fundamental analysis of BingEx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BingEx 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.
When running BingEx's price analysis, check to measure BingEx'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 BingEx is operating at the current time. Most of BingEx's value examination focuses on studying past and present price action to predict the probability of BingEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BingEx's price. Additionally, you may evaluate how the addition of BingEx to your portfolios can decrease your overall portfolio volatility.