Bridgestone (Germany) Price on November 28, 2023

BGT Stock  EUR 32.99  0.15  0.45%   
If you're considering investing in Bridgestone Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bridgestone stands at 32.99, as last reported on the 23rd of November, with the highest price reaching 32.99 and the lowest price hitting 32.75 during the day. Bridgestone secures Sharpe Ratio (or Efficiency) of -0.0592, which signifies that the company had a -0.0592% return per unit of risk over the last 3 months. Bridgestone exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bridgestone's Standard Deviation of 1.58, risk adjusted performance of (0.04), and Mean Deviation of 1.26 to double-check the risk estimate we provide.
  
Bridgestone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0592

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsBGT

Estimated Market Risk

 1.58
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bridgestone 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 Bridgestone by adding Bridgestone to a well-diversified portfolio.

Bridgestone Valuation on November 28, 2023

It is possible to determine the worth of Bridgestone on a given historical date. On November 28, 2023 Bridgestone was worth 36.79 at the beginning of the trading date compared to the closed value of 36.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bridgestone stock. Still, in general, we apply an absolute valuation method to find Bridgestone'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 Bridgestone where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bridgestone's related companies.
 Open High Low Close Volume
  36.61    36.61    36.61    36.61    1.00  
11/28/2023
  36.79    36.95    36.79    36.95    1.00  
  36.93    36.93    36.93    36.93    1.00  
Backtest Bridgestone  |  Bridgestone History  |  Bridgestone Valuation   PreviousNext  
Open Value
36.79
36.95
Closing Value
41.53
Upside

Bridgestone Trading Date Momentum on November 28, 2023

On November 29 2023 Bridgestone was traded for  36.93  at the closing time. The highest daily price throughout the period was 36.93  and the lowest price was  36.93 . There was no trading activity during the period 1.0. Lack of trading volume on 11/29/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.05% . The overall trading delta to current closing price is 3.11% .

Bridgestone Fundamentals Correlations and Trends

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

About Bridgestone Stock history

Bridgestone 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 Bridgestone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bridgestone 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 Bridgestone stock prices may prove useful in developing a viable investing in Bridgestone
Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products. Bridgestone Corporation was founded in 1931 and is headquartered in Tokyo, Japan. BRIDGESTONE CORP operates under Rubber Plastics classification in Germany and is traded on Frankfurt Stock Exchange. It employs 143509 people.

Bridgestone Stock Technical Analysis

Bridgestone 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 Bridgestone technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bridgestone 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

Bridgestone Period Price Range

Low
November 23, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bridgestone cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Bridgestone November 23, 2024 Market Strength

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

Bridgestone Technical and Predictive Indicators

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

When running Bridgestone's price analysis, check to measure Bridgestone'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 Bridgestone is operating at the current time. Most of Bridgestone's value examination focuses on studying past and present price action to predict the probability of Bridgestone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridgestone's price. Additionally, you may evaluate how the addition of Bridgestone to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Volatility Analysis
Get historical volatility and risk analysis based on latest market data