Beerenberg (Norway) Price on September 24, 2024
| BBERG Stock | 41.00 0.00 0.00% |
If you're considering investing in Beerenberg Stock, it is important to understand the factors that can impact its price. As of today, the current price of Beerenberg stands at 41.00, as last reported on the 27th of November, with the highest price reaching 41.00 and the lowest price hitting 41.00 during the day. As of now, Beerenberg Stock is very steady. Beerenberg AS secures Sharpe Ratio (or Efficiency) of 0.0261, which signifies that the company had a 0.0261% return per unit of standard deviation over the last 3 months. We have found twenty-five technical indicators for Beerenberg AS, which you can use to evaluate the volatility of the firm. Please confirm Beerenberg's mean deviation of 0.4165, and Risk Adjusted Performance of 0.0266 to double-check if the risk estimate we provide is consistent with the expected return of 0.0175%.
Beerenberg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Beerenberg |
Sharpe Ratio = 0.0261
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| Negative Returns | BBERG |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Beerenberg is performing at about 2% 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 Beerenberg by adding it to a well-diversified portfolio.
Beerenberg Valuation on September 24, 2024
It is possible to determine the worth of Beerenberg on a given historical date. On September 24, 2024 Beerenberg was worth 40.0 at the beginning of the trading date compared to the closed value of 39.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beerenberg stock. Still, in general, we apply an absolute valuation method to find Beerenberg'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 Beerenberg where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beerenberg's related companies.
| Open | High | Low | Close | Volume | |
| 39.90 | 40.00 | 39.80 | 40.00 | 2,208 | |
09/24/2024 | 40.00 | 40.00 | 39.40 | 39.90 | 40,633 |
| 39.60 | 39.90 | 39.40 | 39.60 | 33,744 |
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Beerenberg Trading Date Momentum on September 24, 2024
| On September 25 2024 Beerenberg AS was traded for 39.60 at the closing time. The highest price during the trading period was 39.90 and the lowest recorded bid was listed for 39.40 . The volume for the day was 33.7 K. This history from September 25, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.75% . The overall trading delta to the current price is 1.25% . |
Price Boundaries
Beerenberg Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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Beerenberg November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Beerenberg stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beerenberg shares will generate the highest return on investment. By undertsting and applying Beerenberg stock market strength indicators, traders can identify Beerenberg AS entry and exit signals to maximize returns
Beerenberg Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beerenberg's price direction in advance. Along with the technical and fundamental analysis of Beerenberg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beerenberg 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.