BYD ELECTRONIC (Germany) Price on February 29, 2024
| 4BY Stock | 5.05 0.28 5.25% |
If you're considering investing in BYD Stock, it is important to understand the factors that can impact its price. As of today, the current price of BYD ELECTRONIC stands at 5.05, as last reported on the 11th of December 2024, with the highest price reaching 5.05 and the lowest price hitting 4.93 during the day. BYD ELECTRONIC is risky given 3 months investment horizon. BYD ELECTRONIC secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We are able to break down and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.03% are justified by taking the suggested risk. Use BYD ELECTRONIC Downside Deviation of 4.88, mean deviation of 4.16, and Risk Adjusted Performance of 0.1299 to evaluate company specific risk that cannot be diversified away.
BYD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BYD |
Sharpe Ratio = 0.1813
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Estimated Market Risk
| 5.7 actual daily | 50 50% of assets are less volatile |
Expected Return
| 1.03 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average BYD ELECTRONIC is performing at about 14% 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 BYD ELECTRONIC by adding it to a well-diversified portfolio.
BYD ELECTRONIC Valuation on February 29, 2024
It is possible to determine the worth of BYD ELECTRONIC on a given historical date. On February 29, 2024 BYD was worth 2.99 at the beginning of the trading date compared to the closed value of 3.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BYD ELECTRONIC stock. Still, in general, we apply an absolute valuation method to find BYD ELECTRONIC'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 BYD ELECTRONIC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BYD ELECTRONIC's related companies.
| Open | High | Low | Close | Volume | |
| 2.90 | 2.90 | 2.87 | 2.87 | 601.00 | |
02/29/2024 | 2.99 | 3.01 | 2.97 | 3.01 | 22.00 |
| 3.13 | 3.13 | 3.11 | 3.11 | 1.00 |
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BYD ELECTRONIC Trading Date Momentum on February 29, 2024
| On March 01 2024 BYD ELECTRONIC was traded for 3.11 at the closing time. The highest price during the trading period was 3.13 and the lowest recorded bid was listed for 3.11 . There was no trading activity during the period 1.0. Lack of trading volume on March 1, 2024 contributed to the next trading day price appreciation. The daily price change to the next closing price was 3.32% . The overall trading delta to the current price is 1.00% . |
BYD ELECTRONIC Fundamentals Correlations and Trends
By evaluating BYD ELECTRONIC'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 BYD ELECTRONIC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BYD financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BYD ELECTRONIC Stock history
BYD ELECTRONIC 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 BYD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BYD ELECTRONIC 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 BYD ELECTRONIC stock prices may prove useful in developing a viable investing in BYD ELECTRONIC
BYD ELECTRONIC Stock Technical Analysis
BYD ELECTRONIC 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
BYD ELECTRONIC Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
BYD ELECTRONIC cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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.
BYD ELECTRONIC December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how BYD ELECTRONIC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BYD ELECTRONIC shares will generate the highest return on investment. By undertsting and applying BYD ELECTRONIC stock market strength indicators, traders can identify BYD ELECTRONIC entry and exit signals to maximize returns
BYD ELECTRONIC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BYD ELECTRONIC's price direction in advance. Along with the technical and fundamental analysis of BYD Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BYD 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 | 0.1299 | |||
| Jensen Alpha | 1.02 | |||
| Total Risk Alpha | 0.0424 | |||
| Sortino Ratio | 0.1684 | |||
| Treynor Ratio | (1.31) |
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Additional Tools for BYD Stock Analysis
When running BYD ELECTRONIC's price analysis, check to measure BYD ELECTRONIC'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 BYD ELECTRONIC is operating at the current time. Most of BYD ELECTRONIC's value examination focuses on studying past and present price action to predict the probability of BYD ELECTRONIC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BYD ELECTRONIC's price. Additionally, you may evaluate how the addition of BYD ELECTRONIC to your portfolios can decrease your overall portfolio volatility.