Bannix Acquisition Corp Stock Price on August 16, 2024
| BNIX Stock | USD 11.18 0.06 0.53% |
If you're considering investing in Bannix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bannix Acquisition stands at 11.18, as last reported on the 28th of November, with the highest price reaching 11.18 and the lowest price hitting 11.18 during the day. At this stage we consider Bannix Stock to be very steady. Bannix Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.0185, which signifies that the company had a 0.0185% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Bannix Acquisition Corp, which you can use to evaluate the volatility of the firm. Please confirm Bannix Acquisition's Downside Deviation of 0.4514, insignificant risk adjusted performance, and Mean Deviation of 0.0993 to double-check if the risk estimate we provide is consistent with the expected return of 0.0046%.
At this time, Bannix Acquisition's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 6.7 M in 2024, despite the fact that Other Stockholder Equity is likely to grow to (12.3 K). . Price Earnings To Growth Ratio is likely to rise to 4.34 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (1.1 K). Bannix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bannix |
Sharpe Ratio = 0.0185
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Estimated Market Risk
| 0.25 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Bannix Acquisition is performing at about 1% 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 Bannix Acquisition by adding it to a well-diversified portfolio.
Price Book 3.6104 | Book Value (0.67) | Enterprise Value 32.6 M | Enterprise Value Ebitda (247.34) | Shares Float 1.6 M |
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Bannix Acquisition Valuation on August 16, 2024
It is possible to determine the worth of Bannix Acquisition on a given historical date. On August 16, 2024 Bannix was worth 11.1 at the beginning of the trading date compared to the closed value of 11.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bannix Acquisition stock. Still, in general, we apply an absolute valuation method to find Bannix Acquisition'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 Bannix Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bannix Acquisition's related companies.
| Open | High | Low | Close | Volume | |
| 11.09 | 11.10 | 11.09 | 11.10 | 1,273 | |
08/16/2024 | 11.10 | 11.20 | 11.10 | 11.13 | 20,861 |
| 11.13 | 11.13 | 11.13 | 11.13 | 1,156 |
| Backtest Bannix Acquisition | | | Bannix Acquisition History | | | Bannix Acquisition Valuation | Previous | Next |
Bannix Acquisition Trading Date Momentum on August 16, 2024
| On August 19 2024 Bannix Acquisition Corp was traded for 11.13 at the closing time. The top price for the day was 11.13 and the lowest listed price was 11.13 . The trading volume for the day was 1.2 K. The trading history from August 19, 2024 did not affect price variability. The overall trading delta against the current closing price is 0.27% . |
Bannix Acquisition Corp Fundamentals Correlations and Trends
By evaluating Bannix Acquisition'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 Bannix Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bannix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bannix Acquisition Stock history
Bannix Acquisition 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 Bannix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bannix Acquisition Corp 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 Bannix Acquisition stock prices may prove useful in developing a viable investing in Bannix Acquisition
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 6.2 M | 6.7 M | |
| Net Income Applicable To Common Shares | 42.4 K | 40.3 K |
Bannix Acquisition Stock Technical Analysis
Bannix Acquisition 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
Bannix Acquisition Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Bannix Acquisition Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Bannix Acquisition November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Bannix Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bannix Acquisition shares will generate the highest return on investment. By undertsting and applying Bannix Acquisition stock market strength indicators, traders can identify Bannix Acquisition Corp entry and exit signals to maximize returns
Bannix Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bannix Acquisition's price direction in advance. Along with the technical and fundamental analysis of Bannix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bannix 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) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.28) | |||
| Treynor Ratio | (0.07) |
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Additional Tools for Bannix Stock Analysis
When running Bannix Acquisition's price analysis, check to measure Bannix Acquisition'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 Bannix Acquisition is operating at the current time. Most of Bannix Acquisition's value examination focuses on studying past and present price action to predict the probability of Bannix Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannix Acquisition's price. Additionally, you may evaluate how the addition of Bannix Acquisition to your portfolios can decrease your overall portfolio volatility.