BE Group (Sweden) Price on September 4, 2024
| BEGR Stock | SEK 46.55 0.45 0.96% |
If you're considering investing in BEGR Stock, it is important to understand the factors that can impact its price. As of today, the current price of BE Group stands at 46.55, as last reported on the 23rd of November, with the highest price reaching 46.85 and the lowest price hitting 46.00 during the day. BE Group AB retains Efficiency (Sharpe Ratio) of -0.11, which signifies that the company had a -0.11% return per unit of price deviation over the last 3 months. BE Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BE Group's Information Ratio of (0.13), variance of 2.45, and Market Risk Adjusted Performance of (1.83) to double-check the risk estimate we provide.
BEGR Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BEGR |
Sharpe Ratio = -0.1105
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| Negative Returns | BEGR |
Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BE Group 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 BE Group by adding BE Group to a well-diversified portfolio.
BE Group Valuation on September 4, 2024
It is possible to determine the worth of BE Group on a given historical date. On September 4, 2024 BEGR was worth 50.3 at the beginning of the trading date compared to the closed value of 51.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BE Group stock. Still, in general, we apply an absolute valuation method to find BE Group'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 BE Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BE Group's related companies.
| Open | High | Low | Close | Volume | |
| 50.60 | 50.60 | 50.10 | 50.30 | 1,609 | |
09/04/2024 | 50.30 | 51.10 | 50.00 | 51.00 | 4,841 |
| 51.00 | 51.20 | 50.80 | 50.80 | 4,629 |
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BE Group Trading Date Momentum on September 4, 2024
| On September 05 2024 BE Group AB was traded for 50.80 at the closing time. The highest price during the trading period was 51.20 and the lowest recorded bid was listed for 50.80 . The volume for the day was 4.6 K. This history from September 5, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.39% . The overall trading delta to the current price is 3.63% . |
BE Group AB Fundamentals Correlations and Trends
By evaluating BE Group'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 BE Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BEGR financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BE Group Stock history
BE Group 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 BEGR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BE Group AB 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 BE Group stock prices may prove useful in developing a viable investing in BE Group
BE Group AB operates as a trading and service company in steel, stainless steel, and aluminum products in Sweden, Finland, Estonia, Latvia, Lithuania, Poland, and the Czech Republic. The company was founded in 1885 and is headquartered in Malm, Sweden. BE Group operates under Steel classification in Sweden and is traded on Stockholm Stock Exchange. It employs 643 people.
BE Group Stock Technical Analysis
BE Group 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
BE Group Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
BE Group AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
BE Group November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how BE Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BE Group shares will generate the highest return on investment. By undertsting and applying BE Group stock market strength indicators, traders can identify BE Group AB entry and exit signals to maximize returns
BE Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BE Group's price direction in advance. Along with the technical and fundamental analysis of BEGR Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BEGR 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 | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (1.84) |
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Additional Tools for BEGR Stock Analysis
When running BE Group's price analysis, check to measure BE Group'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 BE Group is operating at the current time. Most of BE Group's value examination focuses on studying past and present price action to predict the probability of BE Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BE Group's price. Additionally, you may evaluate how the addition of BE Group to your portfolios can decrease your overall portfolio volatility.