Bri Chem Corp Stock Price on May 15, 2024
| BRY Stock | CAD 0.23 0.01 4.17% |
If you're considering investing in Bri Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bri Chem stands at 0.23, as last reported on the 1st of December, with the highest price reaching 0.23 and the lowest price hitting 0.23 during the day. Bri Chem Corp secures Sharpe Ratio (or Efficiency) of -0.025, which signifies that the company had a -0.025% return per unit of risk over the last 3 months. Bri Chem Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bri Chem's Standard Deviation of 7.13, mean deviation of 3.24, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Bri Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bri |
Sharpe Ratio = -0.025
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Estimated Market Risk
| 7.13 actual daily | 63 63% of assets are less volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bri Chem 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 Bri Chem by adding Bri Chem to a well-diversified portfolio.
Bri Chem Valuation on May 15, 2024
It is possible to determine the worth of Bri Chem on a given historical date. On May 15, 2024 Bri was worth 0.31 at the beginning of the trading date compared to the closed value of 0.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bri Chem stock. Still, in general, we apply an absolute valuation method to find Bri Chem'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 Bri Chem where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bri Chem's related companies.
| Open | High | Low | Close | Volume | |
| 0.30 | 0.32 | 0.30 | 0.32 | 25,500 | |
05/15/2024 | 0.31 | 0.31 | 0.31 | 0.31 | 3,000 |
| 0.28 | 0.28 | 0.16 | 0.21 | 123,200 |
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Bri Chem Trading Date Momentum on May 15, 2024
| On May 16 2024 Bri Chem Corp was traded for 0.21 at the closing time. The maximum traded price for the trading interval was 0.28 and the lowest daily price was 0.16 . The daily volume was recorded at 123.2 K. The volume of trading on 16th of May 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 32.26% . The overall trading delta to the closing price today is 38.71% . |
Bri Chem Corp Fundamentals Correlations and Trends
By evaluating Bri Chem'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 Bri Chem's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bri financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bri Chem Stock history
Bri Chem 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 Bri is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bri Chem 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 Bri Chem stock prices may prove useful in developing a viable investing in Bri Chem
Bri-Chem Corp. engages in the wholesale distribution of drilling fluid chemicals and additives to the resource industry in North America. The company was founded in 1985 and is headquartered in Acheson, Canada. BRI CHEM operates under Oil Gas Equipment Services classification in Canada and is traded on Toronto Stock Exchange. It employs 82 people.
Bri Chem Stock Technical Analysis
Bri Chem 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
Bri Chem Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Bri Chem Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Bri Chem December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Bri Chem stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bri Chem shares will generate the highest return on investment. By undertsting and applying Bri Chem stock market strength indicators, traders can identify Bri Chem Corp entry and exit signals to maximize returns
Bri Chem Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bri Chem's price direction in advance. Along with the technical and fundamental analysis of Bri Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bri 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 | (0.01) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (1.38) | |||
| Treynor Ratio | (0.23) |
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Other Information on Investing in Bri Stock
Bri Chem financial ratios help investors to determine whether Bri Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bri with respect to the benefits of owning Bri Chem security.