BioInvent International (Sweden) Price on November 5, 2024
| BINV Stock | SEK 44.60 1.10 2.41% |
If you're considering investing in BioInvent Stock, it is important to understand the factors that can impact its price. As of today, the current price of BioInvent International stands at 44.60, as last reported on the 27th of November, with the highest price reaching 45.30 and the lowest price hitting 44.15 during the day. BioInvent International appears to be not too volatile, given 3 months investment horizon. BioInvent International secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for BioInvent International AB, which you can use to evaluate the volatility of the firm. Please makes use of BioInvent International's Risk Adjusted Performance of 0.0638, mean deviation of 2.79, and Downside Deviation of 3.61 to double-check if our risk estimates are consistent with your expectations.
BioInvent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BioInvent |
Sharpe Ratio = 0.1055
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Estimated Market Risk
| 3.86 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average BioInvent International 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 BioInvent International by adding it to a well-diversified portfolio.
BioInvent International Valuation on November 5, 2024
It is possible to determine the worth of BioInvent International on a given historical date. On November 5, 2024 BioInvent was worth 43.5 at the beginning of the trading date compared to the closed value of 45.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BioInvent International stock. Still, in general, we apply an absolute valuation method to find BioInvent 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 BioInvent International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BioInvent International's related companies.
| Open | High | Low | Close | Volume | |
| 42.45 | 43.50 | 42.20 | 43.50 | 28,612 | |
11/05/2024 | 43.50 | 45.50 | 42.95 | 45.50 | 52,083 |
| 45.45 | 46.45 | 44.00 | 45.00 | 64,436 |
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BioInvent International Trading Date Momentum on November 5, 2024
| On November 06 2024 BioInvent International AB was traded for 45.00 at the closing time. The highest price during the trading period was 46.45 and the lowest recorded bid was listed for 44.00 . The volume for the day was 64.4 K. This history from November 6, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.10% . The overall trading delta to the current price is 10.77% . |
BioInvent International Fundamentals Correlations and Trends
By evaluating BioInvent 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 BioInvent International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BioInvent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BioInvent International Stock history
BioInvent 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 BioInvent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BioInvent 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 BioInvent International stock prices may prove useful in developing a viable investing in BioInvent International
BioInvent International AB focuses on the research and development of immunomodulating antibodies for the treatment of cancer in Sweden, Europe, and internationally. The Company was founded in 1997 and is based in Lund, Sweden. BioInvent International operates under Biotechnology classification in Sweden and is traded on Stockholm Stock Exchange. It employs 68 people.
BioInvent International Stock Technical Analysis
BioInvent International 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
BioInvent International Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
BioInvent International 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.
BioInvent International November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how BioInvent International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BioInvent International shares will generate the highest return on investment. By undertsting and applying BioInvent International stock market strength indicators, traders can identify BioInvent International AB entry and exit signals to maximize returns
BioInvent International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BioInvent International's price direction in advance. Along with the technical and fundamental analysis of BioInvent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BioInvent 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 | 0.0638 | |||
| Jensen Alpha | 0.0958 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0449 | |||
| Treynor Ratio | 0.1822 |
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Additional Tools for BioInvent Stock Analysis
When running BioInvent International's price analysis, check to measure BioInvent International'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 BioInvent International is operating at the current time. Most of BioInvent International's value examination focuses on studying past and present price action to predict the probability of BioInvent International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BioInvent International's price. Additionally, you may evaluate how the addition of BioInvent International to your portfolios can decrease your overall portfolio volatility.