Bio Meat (Israel) Price on March 19, 2024
BIMT Stock | 21.60 0.80 3.57% |
If you're considering investing in Bio Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bio Meat stands at 21.60, as last reported on the 27th of November, with the highest price reaching 21.60 and the lowest price hitting 21.50 during the day. Bio Meat Foodtech secures Sharpe Ratio (or Efficiency) of -0.0783, which signifies that the company had a -0.0783% return per unit of risk over the last 3 months. Bio Meat Foodtech exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bio Meat's Mean Deviation of 2.75, standard deviation of 3.88, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
Bio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bio |
Sharpe Ratio = -0.0783
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Estimated Market Risk
3.49 actual daily | 31 69% of assets are more volatile |
Expected Return
-0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bio Meat 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 Bio Meat by adding Bio Meat to a well-diversified portfolio.
Bio Meat Valuation on March 19, 2024
It is possible to determine the worth of Bio Meat on a given historical date. On March 19, 2024 Bio was worth 44.0 at the beginning of the trading date compared to the closed value of 41.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bio Meat stock. Still, in general, we apply an absolute valuation method to find Bio Meat'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 Bio Meat where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bio Meat's related companies.
Open | High | Low | Close | Volume | |
43.00 | 43.00 | 39.00 | 40.60 | 70,739 | |
03/19/2024 | 44.00 | 44.00 | 40.80 | 41.80 | 32,238 |
43.00 | 43.00 | 40.20 | 41.20 | 8,341 |
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Bio Meat Trading Date Momentum on March 19, 2024
On March 20 2024 Bio Meat Foodtech was traded for 41.20 at the closing time. The highest price during the trading period was 43.00 and the lowest recorded bid was listed for 40.20 . The volume for the day was 8.3 K. This history from March 20, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.44% . The overall trading delta to the current price is 13.64% . |
Bio Meat Foodtech Fundamentals Correlations and Trends
By evaluating Bio Meat'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 Bio Meat's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bio Meat Stock history
Bio Meat 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 Bio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bio Meat Foodtech 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 Bio Meat stock prices may prove useful in developing a viable investing in Bio Meat
Bio Meat Stock Technical Analysis
Bio Meat 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
Bio Meat Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Bio Meat Foodtech cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv Stock 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.
Bio Meat November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Bio Meat stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bio Meat shares will generate the highest return on investment. By undertsting and applying Bio Meat stock market strength indicators, traders can identify Bio Meat Foodtech entry and exit signals to maximize returns
Bio Meat Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bio Meat's price direction in advance. Along with the technical and fundamental analysis of Bio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bio 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 | (0.02) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.76) | |||
Treynor Ratio | (0.13) |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for Bio Stock analysis
When running Bio Meat's price analysis, check to measure Bio Meat'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 Bio Meat is operating at the current time. Most of Bio Meat's value examination focuses on studying past and present price action to predict the probability of Bio Meat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bio Meat's price. Additionally, you may evaluate how the addition of Bio Meat to your portfolios can decrease your overall portfolio volatility.
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