Bio Meat (Israel) Price on April 1, 2024

BIMT Stock   22.40  0.50  2.28%   
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 22.40, as last reported on the 23rd of November, with the highest price reaching 23.00 and the lowest price hitting 20.90 during the day. Bio Meat Foodtech secures Sharpe Ratio (or Efficiency) of -0.0624, which signifies that the company had a -0.0624% return per unit of risk over the last 3 months. Bio Meat Foodtech exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bio Meat's Risk Adjusted Performance of (0.04), mean deviation of 2.45, and Standard Deviation of 3.39 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.

Sharpe Ratio = -0.0624

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Estimated Market Risk

 3.39
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.21
  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 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 April 1, 2024

It is possible to determine the worth of Bio Meat on a given historical date. On April 1, 2024 Bio was worth 47.5 at the beginning of the trading date compared to the closed value of 47.3. 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
  46.00    46.00    43.00    44.60    113,273  
04/01/2024
  47.50    47.50    47.30    47.30    22,161  
  47.50    47.50    45.00    45.70    102,262  
Backtest Bio Meat  |  Bio Meat History  |  Bio Meat Valuation   PreviousNext  
Open Value
47.5
47.3
Closing Value
57.66
Upside

Bio Meat Trading Date Momentum on April 1, 2024

On April 02 2024 Bio Meat Foodtech was traded for  45.70  at the closing time. The highest price during the trading period was 47.50  and the lowest recorded bid was listed for  45.00 . The volume for the day was 102.3 K. This history from April 2, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.38% . The overall trading delta to the current price is 7.82% .

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

Bio Meat Period Price Range

Low
November 23, 2024
0.00  NaN%
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 23, 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.

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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