BioGaia AB (Sweden) Price on April 24, 2024
BIOG-B Stock | SEK 106.10 0.30 0.28% |
If you're considering investing in BioGaia Stock, it is important to understand the factors that can impact its price. As of today, the current price of BioGaia AB stands at 106.10, as last reported on the 27th of November, with the highest price reaching 107.00 and the lowest price hitting 105.70 during the day. BioGaia AB 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. BioGaia AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BioGaia AB's Mean Deviation of 1.16, risk adjusted performance of (0.11), and Standard Deviation of 1.63 to double-check the risk estimate we provide.
BioGaia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BioGaia |
Sharpe Ratio = -0.1057
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Estimated Market Risk
1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BioGaia AB 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 BioGaia AB by adding BioGaia AB to a well-diversified portfolio.
BioGaia AB Valuation on April 24, 2024
It is possible to determine the worth of BioGaia AB on a given historical date. On April 24, 2024 BioGaia was worth 115.27 at the beginning of the trading date compared to the closed value of 112.81. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BioGaia AB stock. Still, in general, we apply an absolute valuation method to find BioGaia AB'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 BioGaia AB where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BioGaia AB's related companies.
Open | High | Low | Close | Volume | |
118.23 | 118.23 | 115.08 | 115.47 | 29,073 | |
04/24/2024 | 115.27 | 115.27 | 112.81 | 112.81 | 51,438 |
112.81 | 113.99 | 111.83 | 112.12 | 85,757 |
Backtest BioGaia AB | | | BioGaia AB History | | | BioGaia AB Valuation | Previous | Next |
BioGaia AB Trading Date Momentum on April 24, 2024
On April 25 2024 BioGaia AB was traded for 112.12 at the closing time. The highest price during the trading period was 113.99 and the lowest recorded bid was listed for 111.83 . The volume for the day was 85.8 K. This history from April 25, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.61% . The overall trading delta to the current price is 2.69% . |
BioGaia AB Fundamentals Correlations and Trends
By evaluating BioGaia AB'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 BioGaia AB's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BioGaia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BioGaia AB Stock history
BioGaia AB 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 BioGaia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BioGaia 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 BioGaia AB stock prices may prove useful in developing a viable investing in BioGaia AB
BioGaia AB develops, markets, and sells probiotic products with documented health benefits worldwide. BioGaia AB was founded in 1990 and is headquartered in Stockholm, Sweden. BioGaia AB operates under Pharmaceuticals And Biosciences classification in Sweden and is traded on Stockholm Stock Exchange. It employs 144 people.
BioGaia AB Stock Technical Analysis
BioGaia AB 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
BioGaia AB Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
BioGaia 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.
BioGaia AB November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how BioGaia AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BioGaia AB shares will generate the highest return on investment. By undertsting and applying BioGaia AB stock market strength indicators, traders can identify BioGaia AB entry and exit signals to maximize returns
BioGaia AB Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BioGaia AB's price direction in advance. Along with the technical and fundamental analysis of BioGaia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BioGaia 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 | (0.11) | |||
Jensen Alpha | (0.25) | |||
Total Risk Alpha | (0.51) | |||
Treynor Ratio | 7.78 |
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Complementary Tools for BioGaia Stock analysis
When running BioGaia AB's price analysis, check to measure BioGaia AB'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 BioGaia AB is operating at the current time. Most of BioGaia AB's value examination focuses on studying past and present price action to predict the probability of BioGaia AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BioGaia AB's price. Additionally, you may evaluate how the addition of BioGaia AB to your portfolios can decrease your overall portfolio volatility.
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