Bayer Ag Stock Price on October 16, 2024
BAYZF Stock | USD 20.83 0.02 0.1% |
If you're considering investing in Bayer Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Bayer AG stands at 20.83, as last reported on the 26th of November, with the highest price reaching 21.12 and the lowest price hitting 20.80 during the day. Bayer AG secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. Bayer AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bayer AG's Risk Adjusted Performance of (0.15), mean deviation of 1.58, and Standard Deviation of 2.75 to double-check the risk estimate we provide.
Bayer Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Bayer |
Sharpe Ratio = -0.2048
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Estimated Market Risk
2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.58 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 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 October 16, 2024
It is possible to determine the worth of Bayer AG on a given historical date. On October 16, 2024 Bayer was worth 28.98 at the beginning of the trading date compared to the closed value of 28.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bayer AG pink sheet. 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 | |
28.53 | 29.00 | 28.53 | 28.99 | 900.00 | |
10/16/2024 | 28.98 | 29.08 | 28.87 | 28.88 | 3,421 |
28.79 | 28.79 | 28.45 | 28.45 | 815.00 |
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Bayer AG Trading Date Momentum on October 16, 2024
On October 17 2024 Bayer AG was traded for 28.45 at the closing time. The highest daily price throughout the period was 28.79 and the lowest price was 28.45 . The daily volume was 815. The net trading volume on 10/17/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.49% . The overall trading delta to current closing price is 2.63% . |
Bayer AG 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 Pink Sheet 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 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 OTC Exchange in the United States.
Bayer AG Pink Sheet Technical Analysis
Bayer AG technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Bayer AG Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Bayer AG cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Bayer AG pink sheet 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 pink sheet market strength indicators, traders can identify Bayer AG 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 Pink Sheet 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 | (0.15) | |||
Jensen Alpha | (0.55) | |||
Total Risk Alpha | (1.00) | |||
Treynor Ratio | 5.55 |
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Volume Indicators |
Complementary Tools for Bayer Pink Sheet 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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