Biofish Holding (Norway) Price on November 28, 2024
| BFISH Stock | 1.16 0.02 1.69% |
If you're considering investing in Biofish Stock, it is important to understand the factors that can impact its price. As of today, the current price of Biofish Holding stands at 1.16, as last reported on the 11th of December 2024, with the highest price reaching 1.16 and the lowest price hitting 1.11 during the day. As of now, Biofish Stock is very risky. Biofish Holding AS secures Sharpe Ratio (or Efficiency) of 0.0169, which signifies that the company had a 0.0169% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Biofish Holding AS, which you can use to evaluate the volatility of the firm. Please confirm Biofish Holding's Downside Deviation of 2.59, mean deviation of 1.52, and Risk Adjusted Performance of 0.0232 to double-check if the risk estimate we provide is consistent with the expected return of 0.0359%.
Biofish Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Biofish |
Sharpe Ratio = 0.0169
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| Negative Returns | BFISH |
Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Biofish Holding is performing at about 1% of its full potential. 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 Biofish Holding by adding it to a well-diversified portfolio.
Biofish Holding Valuation on November 28, 2024
It is possible to determine the worth of Biofish Holding on a given historical date. On November 28, 2024 Biofish was worth 1.05 at the beginning of the trading date compared to the closed value of 1.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biofish Holding stock. Still, in general, we apply an absolute valuation method to find Biofish Holding'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 Biofish Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biofish Holding's related companies.
| Open | High | Low | Close | Volume | |
| 1.09 | 1.12 | 1.06 | 1.09 | 14,829 | |
11/28/2024 | 1.05 | 1.14 | 1.00 | 1.14 | 697,209 |
| 1.13 | 1.13 | 1.09 | 1.10 | 138,000 |
| Backtest Biofish Holding | | | Biofish Holding History | Previous | Next |
Biofish Holding Trading Date Momentum on November 28, 2024
| On November 29 2024 Biofish Holding AS was traded for 1.10 at the closing time. The highest price during the trading period was 1.13 and the lowest recorded bid was listed for 1.09 . The volume for the day was 138 K. This history from November 29, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.51% . The overall trading delta to the current price is 2.63% . |
Price Boundaries
Biofish Holding Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Biofish Holding December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Biofish Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biofish Holding shares will generate the highest return on investment. By undertsting and applying Biofish Holding stock market strength indicators, traders can identify Biofish Holding AS entry and exit signals to maximize returns
Biofish Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Biofish Holding's price direction in advance. Along with the technical and fundamental analysis of Biofish Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biofish 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.