BB Biotech (Germany) Price on October 4, 2023
BBZA Stock | 40.00 0.10 0.25% |
If you're considering investing in BBZA Stock, it is important to understand the factors that can impact its price. As of today, the current price of BB Biotech stands at 40.00, as last reported on the 30th of November, with the highest price reaching 40.30 and the lowest price hitting 39.55 during the day. BB Biotech AG retains Efficiency (Sharpe Ratio) of -0.0371, which signifies that the company had a -0.0371% return per unit of price deviation over the last 3 months. BB Biotech exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BB Biotech's Variance of 2.24, market risk adjusted performance of (0.11), and Information Ratio of (0.12) to double-check the risk estimate we provide.
BBZA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BBZA |
Sharpe Ratio = -0.0371
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Estimated Market Risk
1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BB Biotech 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 BB Biotech by adding BB Biotech to a well-diversified portfolio.
BB Biotech Valuation on October 4, 2023
It is possible to determine the worth of BB Biotech on a given historical date. On October 4, 2023 BBZA was worth 39.74 at the beginning of the trading date compared to the closed value of 40.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BB Biotech stock. Still, in general, we apply an absolute valuation method to find BB Biotech'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 BB Biotech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BB Biotech's related companies.
Open | High | Low | Close | Volume | |
40.60 | 40.70 | 39.74 | 39.74 | 6,460 | |
10/04/2023 | 39.74 | 40.32 | 39.74 | 40.12 | 6,514 |
40.12 | 40.12 | 39.26 | 39.74 | 74,281 |
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BB Biotech Trading Date Momentum on October 4, 2023
On October 05 2023 BB Biotech AG was traded for 39.74 at the closing time. The highest price during the trading period was 40.12 and the lowest recorded bid was listed for 39.26 . The volume for the day was 74.3 K. This history from October 5, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.95% . The overall trading delta to the current price is 0.70% . |
BB Biotech AG Fundamentals Correlations and Trends
By evaluating BB Biotech'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 BB Biotech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BBZA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BB Biotech Stock history
BB Biotech 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 BBZA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BB Biotech 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 BB Biotech stock prices may prove useful in developing a viable investing in BB Biotech
BB Biotech Stock Technical Analysis
BB Biotech 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
BB Biotech Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
BB Biotech AG cannot be verified against its exchange. Please verify the symbol is currently traded on XETRA Stock 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.
BB Biotech November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how BB Biotech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BB Biotech shares will generate the highest return on investment. By undertsting and applying BB Biotech stock market strength indicators, traders can identify BB Biotech AG entry and exit signals to maximize returns
BB Biotech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BB Biotech's price direction in advance. Along with the technical and fundamental analysis of BBZA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BBZA 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 | (0.12) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (0.12) |
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Volume Indicators |
Complementary Tools for BBZA Stock analysis
When running BB Biotech's price analysis, check to measure BB Biotech'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 BB Biotech is operating at the current time. Most of BB Biotech's value examination focuses on studying past and present price action to predict the probability of BB Biotech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BB Biotech's price. Additionally, you may evaluate how the addition of BB Biotech to your portfolios can decrease your overall portfolio volatility.
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