Bayer AG (Germany) Price on November 23, 2024
BAYN Stock | EUR 20.18 0.39 1.97% |
If you're considering investing in Bayer Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bayer AG stands at 20.18, as last reported on the 23rd of November, with the highest price reaching 20.53 and the lowest price hitting 19.95 during the day. Bayer AG NA 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. Bayer AG NA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bayer AG's Mean Deviation of 1.53, standard deviation of 2.5, and Risk Adjusted Performance of (0.14) to double-check the risk estimate we provide.
Bayer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bayer |
Sharpe Ratio = -0.1797
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Estimated Market Risk
2.55 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bayer AG 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 Bayer AG by adding Bayer AG to a well-diversified portfolio.
Bayer AG Valuation on November 23, 2024
It is possible to determine the worth of Bayer AG on a given historical date. On November 23, 2024 Bayer was worth 20.25 at the beginning of the trading date compared to the closed value of 20.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bayer AG stock. Still, in general, we apply an absolute valuation method to find Bayer AG'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 Bayer AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bayer AG's related companies.
Open | High | Low | Close | Volume | |
19.60 | 20.00 | 19.30 | 19.79 | 163,499 | |
11/23/2024 | 20.25 | 20.53 | 19.95 | 20.18 | 0.00 |
Backtest Bayer AG | | | Bayer AG History | | | Bayer AG Valuation | Previous |
Bayer AG Trading Date Momentum on November 23, 2024
On November 23 2024 Bayer AG NA was traded for 20.18 at the closing time. The maximum traded price for the trading interval was 20.53 and the lowest daily price was 19.95 . There was no trading activity during the period 0.0. Lack of trading volume on 23rd of November 2024 did not affect price variability. The overall trading delta to the closing price today is 0.35% . |
Bayer AG NA Fundamentals Correlations and Trends
By evaluating Bayer AG'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 Bayer AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bayer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bayer AG Stock history
Bayer AG 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 Bayer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bayer AG NA 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 Bayer AG stock prices may prove useful in developing a viable investing in Bayer AG
Bayer Aktiengesellschaft, together its subsidiaries, operates as a life science company worldwide. Bayer Aktiengesellschaft was founded in 1863 and is headquartered in Leverkusen, Germany. BAYER AG is traded on Frankfurt Stock Exchange in Germany.
Bayer AG Stock Technical Analysis
Bayer AG 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
Bayer AG Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Bayer AG NA cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Bayer AG November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Bayer AG stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bayer AG shares will generate the highest return on investment. By undertsting and applying Bayer AG stock market strength indicators, traders can identify Bayer AG NA entry and exit signals to maximize returns
Bayer AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bayer AG's price direction in advance. Along with the technical and fundamental analysis of Bayer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bayer 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 | (0.14) | |||
Jensen Alpha | (0.48) | |||
Total Risk Alpha | (0.88) | |||
Treynor Ratio | 51.44 |
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Complementary Tools for Bayer Stock analysis
When running Bayer AG's price analysis, check to measure Bayer AG'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 Bayer AG is operating at the current time. Most of Bayer AG's value examination focuses on studying past and present price action to predict the probability of Bayer AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bayer AG's price. Additionally, you may evaluate how the addition of Bayer AG to your portfolios can decrease your overall portfolio volatility.
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