Biomm SA (Brazil) Price on March 27, 2024

BIOM3 Stock  BRL 8.88  0.22  2.42%   
If you're considering investing in Biomm Stock, it is important to understand the factors that can impact its price. As of today, the current price of Biomm SA stands at 8.88, as last reported on the 26th of November, with the highest price reaching 9.29 and the lowest price hitting 8.82 during the day. Currently, Biomm SA is slightly risky. Biomm SA secures Sharpe Ratio (or Efficiency) of 0.049, which signifies that the company had a 0.049% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Biomm SA, which you can use to evaluate the volatility of the firm. Please confirm Biomm SA's Downside Deviation of 2.9, risk adjusted performance of 0.0403, and Mean Deviation of 2.5 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%.
  
Biomm Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.049

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Estimated Market Risk

 3.63
  actual daily
32
68% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Biomm SA is performing at about 3% 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 Biomm SA by adding it to a well-diversified portfolio.

Biomm SA Valuation on March 27, 2024

It is possible to determine the worth of Biomm SA on a given historical date. On March 27, 2024 Biomm was worth 9.02 at the beginning of the trading date compared to the closed value of 9.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biomm SA stock. Still, in general, we apply an absolute valuation method to find Biomm SA'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 Biomm SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biomm SA's related companies.
 Open High Low Close Volume
  9.00    9.08    8.77    9.08    7,700  
03/27/2024
  9.02    9.55    9.02    9.25    13,400  
  9.12    10.20    8.63    10.20    63,700  
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Open Value
9.02
9.25
Closing Value
19.90
Upside

Biomm SA Trading Date Momentum on March 27, 2024

On March 28 2024 Biomm SA was traded for  10.20  at the closing time. The highest price during the trading period was 10.20  and the lowest recorded bid was listed for  8.63 . The volume for the day was 63.7 K. This history from March 28, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 10.27% . The overall trading delta to the current price is 17.84% .

Biomm SA Fundamentals Correlations and Trends

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

About Biomm SA Stock history

Biomm SA 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 Biomm is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biomm 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 Biomm SA stock prices may prove useful in developing a viable investing in Biomm SA
It offers AFREZZA, a human insulin inhalation powder CONFORT CARE, a moisturizing foot cream GLARGILIN, a glargine insulin and HERZUMA, a trastuzumab. Biomm S.A. was founded in 2001 and is based in So Paulo, Brazil. BIOMM ON operates under Biotechnology classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 94 people.

Biomm SA Stock Technical Analysis

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

Biomm SA Period Price Range

Low
November 26, 2024
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Biomm SA cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.

Biomm SA November 26, 2024 Market Strength

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

Biomm SA Technical and Predictive Indicators

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

Additional Tools for Biomm Stock Analysis

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