Beowulf Mining (Sweden) Price on February 28, 2024
BEO-SDB Stock | SEK 2.08 0.12 5.45% |
If you're considering investing in Beowulf Stock, it is important to understand the factors that can impact its price. As of today, the current price of Beowulf Mining stands at 2.08, as last reported on the 30th of November, with the highest price reaching 2.15 and the lowest price hitting 2.00 during the day. Beowulf Mining PLC secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18% return per unit of risk over the last 3 months. Beowulf Mining PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beowulf Mining's Mean Deviation of 2.6, risk adjusted performance of (0.14), and Standard Deviation of 3.5 to double-check the risk estimate we provide.
Beowulf Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Beowulf |
Sharpe Ratio = -0.1834
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Estimated Market Risk
3.52 actual daily | 31 69% of assets are more volatile |
Expected Return
-0.65 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Beowulf Mining 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 Beowulf Mining by adding Beowulf Mining to a well-diversified portfolio.
Beowulf Mining Valuation on February 28, 2024
It is possible to determine the worth of Beowulf Mining on a given historical date. On February 28, 2024 Beowulf was worth 0.17 at the beginning of the trading date compared to the closed value of 0.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beowulf Mining stock. Still, in general, we apply an absolute valuation method to find Beowulf Mining'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 Beowulf Mining where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beowulf Mining's related companies.
Open | High | Low | Close | Volume | |
0.17 | 0.18 | 0.16 | 0.17 | 1,230,000 | |
02/28/2024 | 0.17 | 0.18 | 0.16 | 0.17 | 1,950,000 |
0.18 | 0.18 | 0.16 | 0.18 | 2,320,000 |
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Beowulf Mining Trading Date Momentum on February 28, 2024
On February 29 2024 Beowulf Mining PLC was traded for 0.18 at the closing time. The highest price during the trading period was 0.18 and the lowest recorded bid was listed for 0.16 . The volume for the day was 2.3 M. This history from February 29, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 5.88% . The overall trading delta to the current price is 29.41% . |
Beowulf Mining PLC Fundamentals Correlations and Trends
By evaluating Beowulf Mining'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 Beowulf Mining's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Beowulf financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Beowulf Mining Stock history
Beowulf Mining 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 Beowulf is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beowulf Mining PLC 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 Beowulf Mining stock prices may prove useful in developing a viable investing in Beowulf Mining
Beowulf Mining Stock Technical Analysis
Beowulf Mining 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
Beowulf Mining Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Beowulf Mining PLC 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.
Beowulf Mining November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Beowulf Mining stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beowulf Mining shares will generate the highest return on investment. By undertsting and applying Beowulf Mining stock market strength indicators, traders can identify Beowulf Mining PLC entry and exit signals to maximize returns
Beowulf Mining Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beowulf Mining's price direction in advance. Along with the technical and fundamental analysis of Beowulf Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beowulf 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 | (0.14) | |||
Jensen Alpha | (0.78) | |||
Total Risk Alpha | (1.27) | |||
Treynor Ratio | (0.91) |
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Volume Indicators |
Complementary Tools for Beowulf Stock analysis
When running Beowulf Mining's price analysis, check to measure Beowulf Mining'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 Beowulf Mining is operating at the current time. Most of Beowulf Mining's value examination focuses on studying past and present price action to predict the probability of Beowulf Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beowulf Mining's price. Additionally, you may evaluate how the addition of Beowulf Mining to your portfolios can decrease your overall portfolio volatility.
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