Bergman Beving (Sweden) Price on August 22, 2024

BERG-B Stock  SEK 273.50  1.00  0.37%   
If you're considering investing in Bergman Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bergman Beving stands at 273.50, as last reported on the 28th of November, with the highest price reaching 277.00 and the lowest price hitting 271.00 during the day. Bergman Beving AB secures Sharpe Ratio (or Efficiency) of -0.0963, which signifies that the company had a -0.0963% return per unit of risk over the last 3 months. Bergman Beving AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bergman Beving's Risk Adjusted Performance of (0.06), standard deviation of 2.16, and Mean Deviation of 1.66 to double-check the risk estimate we provide.
  
Bergman Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0963

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Estimated Market Risk

 2.17
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bergman Beving 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 Bergman Beving by adding Bergman Beving to a well-diversified portfolio.

Bergman Beving Valuation on August 22, 2024

It is possible to determine the worth of Bergman Beving on a given historical date. On August 22, 2024 Bergman was worth 291.96 at the beginning of the trading date compared to the closed value of 291.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bergman Beving stock. Still, in general, we apply an absolute valuation method to find Bergman Beving'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 Bergman Beving where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bergman Beving's related companies.
 Open High Low Close Volume
  291.96    295.42    288.99    292.45    11,371  
08/22/2024
  291.96    291.96    288.50    291.96    3,963  
  289.49    304.31    289.49    303.32    23,808  
Backtest Bergman Beving  |  Bergman Beving History  |  Bergman Beving Valuation   PreviousNext  
Open Value
291.96
285.46
Downside
291.96
Closing Value
298.46
Upside

Bergman Beving Trading Date Momentum on August 22, 2024

On August 23 2024 Bergman Beving AB was traded for  303.32  at the closing time. The highest price during the trading period was 304.31  and the lowest recorded bid was listed for  289.49 . The volume for the day was 23.8 K. This history from August 23, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 3.89% . The overall trading delta to the current price is 9.26% .

Bergman Beving AB Fundamentals Correlations and Trends

By evaluating Bergman Beving'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 Bergman Beving's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bergman financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bergman Beving Stock history

Bergman Beving 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 Bergman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bergman Beving 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 Bergman Beving stock prices may prove useful in developing a viable investing in Bergman Beving
Bergman Beving AB acquires, develops, and provides brands for the manufacturing and construction sectors. Bergman Beving AB was founded in 1906 and is headquartered in Stockholm, Sweden. Bergman Beving operates under Diversified Industrials classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1088 people.

Bergman Beving Stock Technical Analysis

Bergman Beving 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.
A focus of Bergman Beving technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bergman Beving trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Bergman Beving Period Price Range

Low
November 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bergman Beving 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.

Bergman Beving November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Bergman Beving stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bergman Beving shares will generate the highest return on investment. By undertsting and applying Bergman Beving stock market strength indicators, traders can identify Bergman Beving AB entry and exit signals to maximize returns

Bergman Beving Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bergman Beving's price direction in advance. Along with the technical and fundamental analysis of Bergman Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bergman 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.

Complementary Tools for Bergman Stock analysis

When running Bergman Beving's price analysis, check to measure Bergman Beving'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 Bergman Beving is operating at the current time. Most of Bergman Beving's value examination focuses on studying past and present price action to predict the probability of Bergman Beving's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bergman Beving's price. Additionally, you may evaluate how the addition of Bergman Beving to your portfolios can decrease your overall portfolio volatility.
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