Binero Group (Sweden) Price on November 4, 2024
BINERO Stock | SEK 2.52 0.02 0.79% |
If you're considering investing in Binero Stock, it is important to understand the factors that can impact its price. As of today, the current price of Binero Group stands at 2.52, as last reported on the 2nd of December, with the highest price reaching 2.52 and the lowest price hitting 2.52 during the day. Binero Group AB secures Sharpe Ratio (or Efficiency) of -0.0598, which signifies that the company had a -0.0598% return per unit of risk over the last 3 months. Binero Group AB exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Binero Group's Mean Deviation of 2.32, standard deviation of 3.86, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
Binero Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Binero |
Sharpe Ratio = -0.0598
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Estimated Market Risk
3.89 actual daily | 34 66% of assets are more volatile |
Expected Return
-0.23 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 Binero Group 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 Binero Group by adding Binero Group to a well-diversified portfolio.
Binero Group Valuation on November 4, 2024
It is possible to determine the worth of Binero Group on a given historical date. On November 4, 2024 Binero was worth 2.52 at the beginning of the trading date compared to the closed value of 2.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Binero Group stock. Still, in general, we apply an absolute valuation method to find Binero Group'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 Binero Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Binero Group's related companies.
Open | High | Low | Close | Volume | |
2.52 | 2.52 | 2.52 | 2.52 | 46.00 | |
11/04/2024 | 2.52 | 2.52 | 2.52 | 2.52 | 887.00 |
2.40 | 2.52 | 2.40 | 2.52 | 1,260 |
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Binero Group Trading Date Momentum on November 4, 2024
On November 05 2024 Binero Group AB was traded for 2.52 at the closing time. The highest price during the trading period was 2.52 and the lowest recorded bid was listed for 2.40 . The volume for the day was 1.3 K. This history from November 5, 2024 did not affect price variability. The overall trading delta to the current price is 12.70% . |
Binero Group AB Fundamentals Correlations and Trends
By evaluating Binero Group'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 Binero Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Binero financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Binero Group Stock history
Binero Group 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 Binero is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Binero Group 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 Binero Group stock prices may prove useful in developing a viable investing in Binero Group
Binero Group AB provides digital infrastructure services for companies and individuals in Sweden. Binero Group AB was founded in 1999 and is based in Stockholm, Sweden. Binero Group is traded on Stockholm Stock Exchange in Sweden.
Binero Group Stock Technical Analysis
Binero Group 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
Binero Group Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Binero Group 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.
Binero Group December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Binero Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Binero Group shares will generate the highest return on investment. By undertsting and applying Binero Group stock market strength indicators, traders can identify Binero Group AB entry and exit signals to maximize returns
Binero Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Binero Group's price direction in advance. Along with the technical and fundamental analysis of Binero Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Binero 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 | (0.04) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.89) | |||
Treynor Ratio | (0.53) |
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Complementary Tools for Binero Stock analysis
When running Binero Group's price analysis, check to measure Binero Group'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 Binero Group is operating at the current time. Most of Binero Group's value examination focuses on studying past and present price action to predict the probability of Binero Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Binero Group's price. Additionally, you may evaluate how the addition of Binero Group to your portfolios can decrease your overall portfolio volatility.
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