Beijer Alma (Sweden) Price on November 22, 2024
BEIA-B Stock | SEK 167.00 2.80 1.65% |
If you're considering investing in Beijer Stock, it is important to understand the factors that can impact its price. As of today, the current price of Beijer Alma stands at 167.00, as last reported on the 26th of November, with the highest price reaching 172.40 and the lowest price hitting 167.00 during the day. Beijer Alma AB secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22% return per unit of risk over the last 3 months. Beijer Alma AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beijer Alma's Mean Deviation of 1.19, risk adjusted performance of (0.12), and Standard Deviation of 1.58 to double-check the risk estimate we provide.
Beijer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Beijer |
Sharpe Ratio = -0.2175
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Estimated Market Risk
1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Beijer Alma 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 Beijer Alma by adding Beijer Alma to a well-diversified portfolio.
Beijer Alma Valuation on November 22, 2024
It is possible to determine the worth of Beijer Alma on a given historical date. On November 22, 2024 Beijer was worth 167.0 at the beginning of the trading date compared to the closed value of 169.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beijer Alma stock. Still, in general, we apply an absolute valuation method to find Beijer Alma'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 Beijer Alma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beijer Alma's related companies.
Open | High | Low | Close | Volume | |
165.20 | 168.20 | 164.80 | 166.40 | 177,082 | |
11/22/2024 | 167.00 | 170.20 | 166.20 | 169.80 | 11,535 |
170.20 | 172.40 | 167.00 | 167.00 | 17,704 |
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Beijer Alma Trading Date Momentum on November 22, 2024
On November 25 2024 Beijer Alma AB was traded for 167.00 at the closing time. The highest price during the trading period was 172.40 and the lowest recorded bid was listed for 167.00 . The volume for the day was 17.7 K. This history from November 25, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.65% . The overall trading delta to the current price is 0.24% . |
Beijer Alma AB Fundamentals Correlations and Trends
By evaluating Beijer Alma'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 Beijer Alma's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Beijer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Beijer Alma Stock history
Beijer Alma 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 Beijer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beijer Alma 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 Beijer Alma stock prices may prove useful in developing a viable investing in Beijer Alma
Beijer Alma AB and its subsidiaries engage in component manufacturing and industrial trading business in Sweden and internationally. Beijer Alma AB was founded in 1983 and is headquartered in Uppsala, Sweden. Beijer Alma operates under Electronic Components classification in Sweden and is traded on Stockholm Stock Exchange. It employs 2600 people.
Beijer Alma Stock Technical Analysis
Beijer Alma 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
Beijer Alma Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Beijer Alma 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.
Beijer Alma November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Beijer Alma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beijer Alma shares will generate the highest return on investment. By undertsting and applying Beijer Alma stock market strength indicators, traders can identify Beijer Alma AB entry and exit signals to maximize returns
Beijer Alma Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beijer Alma's price direction in advance. Along with the technical and fundamental analysis of Beijer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beijer 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 | (0.12) | |||
Jensen Alpha | (0.33) | |||
Total Risk Alpha | (0.52) | |||
Treynor Ratio | (0.55) |
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Complementary Tools for Beijer Stock analysis
When running Beijer Alma's price analysis, check to measure Beijer Alma'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 Beijer Alma is operating at the current time. Most of Beijer Alma's value examination focuses on studying past and present price action to predict the probability of Beijer Alma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beijer Alma's price. Additionally, you may evaluate how the addition of Beijer Alma to your portfolios can decrease your overall portfolio volatility.
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