Billerudkorsns Ab Stock Price on November 1, 2024
| BLRDF Stock | USD 9.50 0.05 0.53% |
If you're considering investing in BillerudKorsnäs Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of BillerudKorsnäs stands at 9.50, as last reported on the 23rd of January, with the highest price reaching 9.50 and the lowest price hitting 9.50 during the day. BillerudKorsns AB secures Sharpe Ratio (or Efficiency) of -0.0483, which signifies that the company had a -0.0483 % return per unit of risk over the last 3 months. BillerudKorsns AB exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BillerudKorsnäs' Mean Deviation of 0.5122, standard deviation of 1.91, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
BillerudKorsnäs Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
BillerudKorsnäs |
Sharpe Ratio = -0.0483
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| Negative Returns | BLRDF |
Estimated Market Risk
| 1.91 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BillerudKorsnäs 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 BillerudKorsnäs by adding BillerudKorsnäs to a well-diversified portfolio.
BillerudKorsnäs Valuation on November 1, 2024
It is possible to determine the worth of BillerudKorsnäs on a given historical date. On November 1, 2024 BillerudKorsnäs was worth 10.18 at the beginning of the trading date compared to the closed value of 10.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BillerudKorsnäs pink sheet. Still, in general, we apply an absolute valuation method to find BillerudKorsnäs' 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 BillerudKorsnäs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BillerudKorsnäs' related companies.
| Open | High | Low | Close | Volume | |
| 10.18 | 10.18 | 10.18 | 10.18 | 1.00 | |
11/01/2024 | 10.18 | 10.18 | 10.18 | 10.18 | 1.00 |
| 8.82 | 8.82 | 8.82 | 8.82 | 500.00 |
| Backtest BillerudKorsnäs | | | BillerudKorsnäs History | | | BillerudKorsnäs Valuation | Previous | Next |
BillerudKorsnäs Trading Date Momentum on November 1, 2024
| On November 04 2024 BillerudKorsns AB was traded for 8.82 at the closing time. The highest daily price throughout the period was 8.82 and the lowest price was 8.82 . The daily volume was 500. The net trading volume on 11/04/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 13.36% . The overall trading delta to current closing price is 13.36% . |
BillerudKorsns AB Fundamentals Correlations and Trends
By evaluating BillerudKorsnäs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BillerudKorsnäs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BillerudKorsnäs financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BillerudKorsnäs Pink Sheet history
BillerudKorsnäs 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 BillerudKorsnäs is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BillerudKorsns 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 BillerudKorsnäs stock prices may prove useful in developing a viable investing in BillerudKorsnäs
Billerud Aktiebolag provides fiber-based packaging materials and solutions in Sweden and internationally. Billerud Aktiebolag was incorporated in 1926 and is headquartered in Solna, Sweden. Billerud Korsnas operates under Paper Paper Products classification in the United States and is traded on OTC Exchange. It employs 5307 people.
BillerudKorsnäs Pink Sheet Technical Analysis
BillerudKorsnäs technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
BillerudKorsnäs Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
BillerudKorsns AB cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
BillerudKorsnäs January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how BillerudKorsnäs pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BillerudKorsnäs shares will generate the highest return on investment. By undertsting and applying BillerudKorsnäs pink sheet market strength indicators, traders can identify BillerudKorsns AB entry and exit signals to maximize returns
BillerudKorsnäs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BillerudKorsnäs' price direction in advance. Along with the technical and fundamental analysis of BillerudKorsnäs Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of BillerudKorsnäs 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 | (0.11) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.61) |
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Complementary Tools for BillerudKorsnäs Pink Sheet analysis
When running BillerudKorsnäs' price analysis, check to measure BillerudKorsnäs' 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 BillerudKorsnäs is operating at the current time. Most of BillerudKorsnäs' value examination focuses on studying past and present price action to predict the probability of BillerudKorsnäs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BillerudKorsnäs' price. Additionally, you may evaluate how the addition of BillerudKorsnäs to your portfolios can decrease your overall portfolio volatility.
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