BIMobject (Sweden) Price on November 21, 2024
| BIM Stock | SEK 4.55 0.14 3.17% |
If you're considering investing in BIMobject Stock, it is important to understand the factors that can impact its price. As of today, the current price of BIMobject stands at 4.55, as last reported on the 27th of November, with the highest price reaching 4.74 and the lowest price hitting 4.43 during the day. BIMobject appears to be somewhat reliable, given 3 months investment horizon. BIMobject AB secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for BIMobject AB, which you can use to evaluate the volatility of the firm. Please makes use of BIMobject's Mean Deviation of 1.4, semi deviation of 1.4, and Risk Adjusted Performance of 0.0825 to double-check if our risk estimates are consistent with your expectations.
BIMobject Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BIMobject |
Sharpe Ratio = 0.1059
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Estimated Market Risk
| 1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average BIMobject is performing at about 8% 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 BIMobject by adding it to a well-diversified portfolio.
BIMobject Valuation on November 21, 2024
It is possible to determine the worth of BIMobject on a given historical date. On November 21, 2024 BIMobject was worth 4.54 at the beginning of the trading date compared to the closed value of 4.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BIMobject stock. Still, in general, we apply an absolute valuation method to find BIMobject'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 BIMobject where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BIMobject's related companies.
| Open | High | Low | Close | Volume | |
| 4.40 | 4.40 | 4.20 | 4.28 | 71,734 | |
11/21/2024 | 4.54 | 4.54 | 4.26 | 4.36 | 166,885 |
| 4.32 | 4.42 | 4.23 | 4.25 | 420,339 |
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BIMobject Trading Date Momentum on November 21, 2024
| On November 22 2024 BIMobject AB was traded for 4.25 at the closing time. The maximum traded price for the trading interval was 4.42 and the lowest daily price was 4.23 . The daily volume was recorded at 420.3 K. The volume of trading on 22nd of November 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 2.52% . The overall trading delta to the closing price today is 2.06% . |
BIMobject AB Fundamentals Correlations and Trends
By evaluating BIMobject'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 BIMobject's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BIMobject financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BIMobject Stock history
BIMobject 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 BIMobject is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BIMobject 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 BIMobject stock prices may prove useful in developing a viable investing in BIMobject
BIMobject AB, a software company, engages in the development of cloud solutions and services within building information modelling worldwide. The company was incorporated in 2011 and is headquartered in Malm, Sweden. BIMobject operates under SoftwareApplication classification in Sweden and is traded on Stockholm Stock Exchange. It employs 164 people.
BIMobject Stock Technical Analysis
BIMobject 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
BIMobject Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
BIMobject 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.
BIMobject November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how BIMobject stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BIMobject shares will generate the highest return on investment. By undertsting and applying BIMobject stock market strength indicators, traders can identify BIMobject AB entry and exit signals to maximize returns
BIMobject Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BIMobject's price direction in advance. Along with the technical and fundamental analysis of BIMobject Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BIMobject 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 | 0.0825 | |||
| Jensen Alpha | 0.1585 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0368 | |||
| Treynor Ratio | 1.22 |
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Additional Tools for BIMobject Stock Analysis
When running BIMobject's price analysis, check to measure BIMobject'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 BIMobject is operating at the current time. Most of BIMobject's value examination focuses on studying past and present price action to predict the probability of BIMobject's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIMobject's price. Additionally, you may evaluate how the addition of BIMobject to your portfolios can decrease your overall portfolio volatility.