11 Bit (Poland) Price on June 14, 2024
| 11B Stock | 249.50 8.00 3.11% |
If you're considering investing in 11B Stock, it is important to understand the factors that can impact its price. As of today, the current price of 11 Bit stands at 249.50, as last reported on the 28th of November, with the highest price reaching 259.50 and the lowest price hitting 248.50 during the day. 11 bit studios retains Efficiency (Sharpe Ratio) of -0.23, which signifies that the company had a -0.23% return per unit of price deviation over the last 3 months. 11 Bit exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 11 Bit's Variance of 29.62, information ratio of (0.24), and Market Risk Adjusted Performance of (1.16) to double-check the risk estimate we provide.
11B Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
11B |
Sharpe Ratio = -0.232
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| Negative Returns | 11B |
Estimated Market Risk
| 5.54 actual daily | 49 51% of assets are more volatile |
Expected Return
| -1.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average 11 Bit 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 11 Bit by adding 11 Bit to a well-diversified portfolio.
11 Bit Valuation on June 14, 2024
It is possible to determine the worth of 11 Bit on a given historical date. On June 14, 2024 11B was worth 626.0 at the beginning of the trading date compared to the closed value of 633.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of 11 Bit stock. Still, in general, we apply an absolute valuation method to find 11 Bit'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 11 Bit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against 11 Bit's related companies.
| Open | High | Low | Close | Volume | |
| 641.00 | 653.00 | 620.00 | 622.00 | 4,913 | |
06/14/2024 | 626.00 | 645.00 | 626.00 | 633.00 | 5,794 |
| 638.00 | 640.00 | 622.00 | 631.00 | 2,789 |
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11 Bit Trading Date Momentum on June 14, 2024
| On June 17 2024 11 bit studios was traded for 631.00 at the closing time. The highest price during the trading period was 640.00 and the lowest recorded bid was listed for 622.00 . The volume for the day was 2.8 K. This history from June 17, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.32% . The daily price change to the current price is 1.11% . |
11 bit studios Fundamentals Correlations and Trends
By evaluating 11 Bit'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 11 Bit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 11B financial account trend analysis is a perfect complement when working with valuation or volatility modules.About 11 Bit Stock history
11 Bit 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 11B is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in 11 bit studios 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 11 Bit stock prices may prove useful in developing a viable investing in 11 Bit
11 Bit Stock Technical Analysis
11 Bit 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
11 Bit Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
11 bit studios cannot be verified against its exchange. Please verify the symbol is currently traded on Warsaw 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.
11 Bit November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how 11 Bit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading 11 Bit shares will generate the highest return on investment. By undertsting and applying 11 Bit stock market strength indicators, traders can identify 11 bit studios entry and exit signals to maximize returns
11 Bit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for 11 Bit's price direction in advance. Along with the technical and fundamental analysis of 11B Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 11B 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 | (0.16) | |||
| Jensen Alpha | (1.33) | |||
| Total Risk Alpha | (2.03) | |||
| Treynor Ratio | (1.17) |
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Additional Tools for 11B Stock Analysis
When running 11 Bit's price analysis, check to measure 11 Bit'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 11 Bit is operating at the current time. Most of 11 Bit's value examination focuses on studying past and present price action to predict the probability of 11 Bit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 11 Bit's price. Additionally, you may evaluate how the addition of 11 Bit to your portfolios can decrease your overall portfolio volatility.