Biokarpet (Greece) Price on November 14, 2024

BIOKA Stock  EUR 1.82  0.04  2.25%   
If you're considering investing in Biokarpet Stock, it is important to understand the factors that can impact its price. As of today, the current price of Biokarpet stands at 1.82, as last reported on the 1st of December, with the highest price reaching 1.85 and the lowest price hitting 1.78 during the day. Biokarpet SA secures Sharpe Ratio (or Efficiency) of -0.0593, which signifies that the company had a -0.0593% return per unit of risk over the last 3 months. Biokarpet SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Biokarpet's Risk Adjusted Performance of (0.06), standard deviation of 1.92, and Mean Deviation of 1.48 to double-check the risk estimate we provide.
  
Biokarpet Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0593

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Estimated Market Risk

 1.89
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.11
  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 Biokarpet 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 Biokarpet by adding Biokarpet to a well-diversified portfolio.

Biokarpet Valuation on November 14, 2024

It is possible to determine the worth of Biokarpet on a given historical date. On November 14, 2024 Biokarpet was worth 1.66 at the beginning of the trading date compared to the closed value of 1.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biokarpet stock. Still, in general, we apply an absolute valuation method to find Biokarpet'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 Biokarpet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biokarpet's related companies.
 Open High Low Close Volume
  1.67    1.68    1.63    1.65    8,465  
11/14/2024
  1.66    1.69    1.63    1.69    13,473  
  1.70    1.71    1.67    1.71    12,543  
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Open Value
1.66
1.69
Closing Value
7.32
Upside

Biokarpet Trading Date Momentum on November 14, 2024

On November 15 2024 Biokarpet SA was traded for  1.71  at the closing time. The highest price during the trading period was 1.71  and the lowest recorded bid was listed for  1.67 . The volume for the day was 12.5 K. This history from November 15, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 1.18% . The overall trading delta to the current price is 4.14% .

Biokarpet SA Fundamentals Correlations and Trends

By evaluating Biokarpet'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 Biokarpet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Biokarpet financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Biokarpet Stock history

Biokarpet 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 Biokarpet is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biokarpet SA 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 Biokarpet stock prices may prove useful in developing a viable investing in Biokarpet
The company also produces and trades in carpets, moquettes, blankets, flokati rugs, and other products for flooring and home decoration. Biokarpet S.A. was founded in 1950 and is headquartered in Athens, Greece. BIOKARPET is traded on Athens Stock Exchange in Greece.

Biokarpet Stock Technical Analysis

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

Biokarpet Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Biokarpet SA cannot be verified against its exchange. Please verify the symbol is currently traded on Athens 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.

Biokarpet December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Biokarpet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biokarpet shares will generate the highest return on investment. By undertsting and applying Biokarpet stock market strength indicators, traders can identify Biokarpet SA entry and exit signals to maximize returns

Biokarpet Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Biokarpet's price direction in advance. Along with the technical and fundamental analysis of Biokarpet Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biokarpet 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 Biokarpet Stock analysis

When running Biokarpet's price analysis, check to measure Biokarpet'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 Biokarpet is operating at the current time. Most of Biokarpet's value examination focuses on studying past and present price action to predict the probability of Biokarpet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biokarpet's price. Additionally, you may evaluate how the addition of Biokarpet to your portfolios can decrease your overall portfolio volatility.
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