Bactiquant (Denmark) Price on November 19, 2024
BACTIQ Stock | DKK 4.14 0.10 2.36% |
If you're considering investing in Bactiquant Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bactiquant stands at 4.14, as last reported on the 23rd of November, with the highest price reaching 4.40 and the lowest price hitting 4.10 during the day. Bactiquant AS secures Sharpe Ratio (or Efficiency) of -0.0518, which signifies that the company had a -0.0518% return per unit of standard deviation over the last 3 months. Bactiquant AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bactiquant's risk adjusted performance of (0.02), and Mean Deviation of 3.84 to double-check the risk estimate we provide.
Bactiquant Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bactiquant |
Sharpe Ratio = -0.0518
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Estimated Market Risk
5.38 actual daily | 47 53% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bactiquant 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 Bactiquant by adding Bactiquant to a well-diversified portfolio.
Bactiquant Valuation on November 19, 2024
It is possible to determine the worth of Bactiquant on a given historical date. On November 19, 2024 Bactiquant was worth 4.4 at the beginning of the trading date compared to the closed value of 4.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bactiquant stock. Still, in general, we apply an absolute valuation method to find Bactiquant'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 Bactiquant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bactiquant's related companies.
Open | High | Low | Close | Volume | |
4.28 | 4.50 | 4.02 | 4.40 | 19,483 | |
11/19/2024 | 4.40 | 4.48 | 4.28 | 4.34 | 4,839 |
4.28 | 4.36 | 4.14 | 4.14 | 26,563 |
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Bactiquant Trading Date Momentum on November 19, 2024
On November 20 2024 Bactiquant AS was traded for 4.14 at the closing time. The highest price during the trading period was 4.36 and the lowest recorded bid was listed for 4.14 . The volume for the day was 26.6 K. This history from November 20, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.61% . The overall trading delta to the current price is 5.07% . |
Bactiquant AS Fundamentals Correlations and Trends
By evaluating Bactiquant'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 Bactiquant's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bactiquant financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bactiquant Stock history
Bactiquant 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 Bactiquant is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bactiquant AS 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 Bactiquant stock prices may prove useful in developing a viable investing in Bactiquant
Bactiquant AS develops and provides technology for the mobile and online surveillance of bacterial contamination levels in water. The company is based in 1998 and is based in Horsholm, Denmark. BactiQuant is traded on Copenhagen Stock Exchange in Denmark.
Bactiquant Stock Technical Analysis
Bactiquant 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
Bactiquant Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Bactiquant AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Bactiquant November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Bactiquant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bactiquant shares will generate the highest return on investment. By undertsting and applying Bactiquant stock market strength indicators, traders can identify Bactiquant AS entry and exit signals to maximize returns
Bactiquant Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bactiquant's price direction in advance. Along with the technical and fundamental analysis of Bactiquant Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bactiquant 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 | (0.02) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (1.08) | |||
Treynor Ratio | (2.49) |
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Volume Indicators |
Complementary Tools for Bactiquant Stock analysis
When running Bactiquant's price analysis, check to measure Bactiquant'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 Bactiquant is operating at the current time. Most of Bactiquant's value examination focuses on studying past and present price action to predict the probability of Bactiquant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bactiquant's price. Additionally, you may evaluate how the addition of Bactiquant to your portfolios can decrease your overall portfolio volatility.
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