Bimi International Medical Price on May 10, 2024
| BIMIDelisted Stock | USD 0.02 0.00 0.00% |
If you're considering investing in Bimi OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bimi International stands at 0.02, as last reported on the 26th of November, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. Bimi International appears to be out of control, given 3 months investment horizon. Bimi International secures Sharpe Ratio (or Efficiency) of 0.0086, which signifies that the company had a 0.0086% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Bimi International Medical, which you can use to evaluate the volatility of the firm. Please makes use of Bimi International's Risk Adjusted Performance of (0.03), mean deviation of 13.59, and Standard Deviation of 26.44 to double-check if our risk estimates are consistent with your expectations.
Bimi OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bimi |
Sharpe Ratio = 0.0086
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Estimated Market Risk
| 48.31 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bimi International 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 Bimi International by adding Bimi International to a well-diversified portfolio.
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Bimi International Valuation on May 10, 2024
It is possible to determine the worth of Bimi International on a given historical date. On May 10, 2024 Bimi was worth 1.1 at the beginning of the trading date compared to the closed value of 1.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bimi International otc stock. Still, in general, we apply an absolute valuation method to find Bimi International'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 Bimi International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bimi International's related companies.
| Open | High | Low | Close | Volume | |
| 1.13 | 1.15 | 1.12 | 1.12 | 18,331 | |
05/10/2024 | 1.10 | 1.12 | 1.05 | 1.06 | 53,369 |
| 1.06 | 1.09 | 1.04 | 1.08 | 47,606 |
| Backtest Bimi International | | | Bimi International History | | | Bimi International Valuation | Previous | Next |
Bimi International Trading Date Momentum on May 10, 2024
| On May 13 2024 Bimi International Medical was traded for 1.08 at the closing time. The top price for the day was 1.09 and the lowest listed price was 1.04 . The trading volume for the day was 47.6 K. The trading history from May 13, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 1.89% . The overall trading delta against the current closing price is 16.98% . |
Bimi International Fundamentals Correlations and Trends
By evaluating Bimi International'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 Bimi International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bimi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bimi International OTC Stock history
Bimi International 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 Bimi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bimi International 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 Bimi International stock prices may prove useful in developing a viable investing in Bimi International
BIMI International Medical Inc., together with its subsidiaries, engages in the retail and wholesale distribution of medical devices, and pharmaceutical and other healthcare products in the Peoples Republic of China. BIMI International Medical Inc. was incorporated in 2000 and is based in Chongqing, the Peoples Republic of China. Bimi Intl operates under Pharmaceutical Retailers classification in the United States and is traded on NASDAQ Exchange. It employs 524 people.
Bimi International OTC Stock Technical Analysis
Bimi International technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Bimi International Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Bimi International Medical cannot be verified against its exchange. Please verify the symbol is currently traded on OTCMKTS 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.
Bimi International November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Bimi International otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bimi International shares will generate the highest return on investment. By undertsting and applying Bimi International otc stock market strength indicators, traders can identify Bimi International Medical entry and exit signals to maximize returns
Bimi International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bimi International's price direction in advance. Along with the technical and fundamental analysis of Bimi OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bimi 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 | (0.03) | |||
| Jensen Alpha | (1.33) | |||
| Total Risk Alpha | (5.43) | |||
| Treynor Ratio | (19.73) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in Bimi OTC Stock
If you are still planning to invest in Bimi International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bimi International's history and understand the potential risks before investing.
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