Bicicletas Monark (Brazil) Price on September 16, 2024
BMKS3 Stock | BRL 309.00 5.94 1.89% |
If you're considering investing in Bicicletas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bicicletas Monark stands at 309.00, as last reported on the 22nd of November, with the highest price reaching 314.00 and the lowest price hitting 309.00 during the day. Bicicletas Monark secures Sharpe Ratio (or Efficiency) of -0.013, which signifies that the company had a -0.013% return per unit of standard deviation over the last 3 months. Bicicletas Monark SA exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bicicletas Monark's risk adjusted performance of 0.0214, and Mean Deviation of 0.8731 to double-check the risk estimate we provide.
Bicicletas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bicicletas |
Sharpe Ratio = -0.013
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Negative Returns | BMKS3 |
Estimated Market Risk
1.51 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bicicletas Monark 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 Bicicletas Monark by adding Bicicletas Monark to a well-diversified portfolio.
Bicicletas Monark Valuation on September 16, 2024
It is possible to determine the worth of Bicicletas Monark on a given historical date. On September 16, 2024 Bicicletas was worth 334.0 at the beginning of the trading date compared to the closed value of 333.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bicicletas Monark stock. Still, in general, we apply an absolute valuation method to find Bicicletas Monark'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 Bicicletas Monark where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bicicletas Monark's related companies.
Open | High | Low | Close | Volume | |
331.99 | 334.50 | 331.99 | 334.50 | 337.00 | |
09/16/2024 | 334.00 | 334.49 | 324.00 | 333.99 | 59.00 |
330.00 | 334.48 | 330.00 | 333.00 | 27.00 |
Backtest Bicicletas Monark | | | Bicicletas Monark History | | | Bicicletas Monark Valuation | Previous | Next |
Bicicletas Monark Trading Date Momentum on September 16, 2024
On September 17 2024 Bicicletas Monark SA was traded for 333.00 at the closing time. The highest price during the trading period was 334.48 and the lowest recorded bid was listed for 330.00 . The volume for the day was 27.0. This history from September 17, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.30% . The overall trading delta to the current price is 8.38% . |
Bicicletas Monark Fundamentals Correlations and Trends
By evaluating Bicicletas Monark'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 Bicicletas Monark's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bicicletas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bicicletas Monark Stock history
Bicicletas Monark 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 Bicicletas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bicicletas Monark 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 Bicicletas Monark stock prices may prove useful in developing a viable investing in Bicicletas Monark
Bicicletas Monark S.A. manufactures and sells bicycles in Brazil. Bicicletas Monark S.A. was founded in 1948 and is headquartered in So Paulo, Brazil. BIC MONARK operates under Leisure classification in Brazil and is traded on Sao Paolo Stock Exchange.
Bicicletas Monark Stock Technical Analysis
Bicicletas Monark 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
Bicicletas Monark Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Bicicletas Monark 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.
Bicicletas Monark November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Bicicletas Monark stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bicicletas Monark shares will generate the highest return on investment. By undertsting and applying Bicicletas Monark stock market strength indicators, traders can identify Bicicletas Monark SA entry and exit signals to maximize returns
Bicicletas Monark Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bicicletas Monark's price direction in advance. Along with the technical and fundamental analysis of Bicicletas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bicicletas 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 | 0.0214 | |||
Jensen Alpha | 0.0546 | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | (0.07) | |||
Treynor Ratio | (0.07) |
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Additional Tools for Bicicletas Stock Analysis
When running Bicicletas Monark's price analysis, check to measure Bicicletas Monark'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 Bicicletas Monark is operating at the current time. Most of Bicicletas Monark's value examination focuses on studying past and present price action to predict the probability of Bicicletas Monark's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bicicletas Monark's price. Additionally, you may evaluate how the addition of Bicicletas Monark to your portfolios can decrease your overall portfolio volatility.