Bidvest (South Africa) Price on December 3, 2024
| BVT Stock | 28,089 301.00 1.06% |
If you're considering investing in Bidvest Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bidvest stands at 28,089, as last reported on the 11th of December 2024, with the highest price reaching 28,446 and the lowest price hitting 27,890 during the day. At this point, Bidvest is very steady. Bidvest Group secures Sharpe Ratio (or Efficiency) of 0.0403, which signifies that the company had a 0.0403% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Bidvest Group, which you can use to evaluate the volatility of the firm. Please confirm Bidvest's mean deviation of 1.0, and Risk Adjusted Performance of 0.033 to double-check if the risk estimate we provide is consistent with the expected return of 0.0533%.
Bidvest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bidvest |
Sharpe Ratio = 0.0403
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | BVT | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.32 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Bidvest 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 Bidvest by adding it to a well-diversified portfolio.
Bidvest Valuation on December 3, 2024
It is possible to determine the worth of Bidvest on a given historical date. On December 3, 2024 Bidvest was worth 27460.0 at the beginning of the trading date compared to the closed value of 27490.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bidvest stock. Still, in general, we apply an absolute valuation method to find Bidvest'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 Bidvest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bidvest's related companies.
| Open | High | Low | Close | Volume | |
| 27,501 | 28,000 | 27,443 | 27,610 | 544,634 | |
12/03/2024 | 27,460 | 27,962 | 27,379 | 27,490 | 781,451 |
| 27,745 | 28,000 | 27,444 | 27,966 | 690,611 |
| Backtest Bidvest | | | Bidvest History | | | Bidvest Valuation | Previous | Next |
Bidvest Trading Date Momentum on December 3, 2024
| On December 04 2024 Bidvest Group was traded for 27,966 at the closing time. The highest price during the trading period was 28,000 and the lowest recorded bid was listed for 27,444 . The volume for the day was 690.6 K. This history from December 4, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.73% . The overall trading delta to the current price is 3.04% . |
Bidvest Group Fundamentals Correlations and Trends
By evaluating Bidvest'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 Bidvest's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bidvest financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bidvest Stock history
Bidvest 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 Bidvest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bidvest Group 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 Bidvest stock prices may prove useful in developing a viable investing in Bidvest
Bidvest Stock Technical Analysis
Bidvest 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
Bidvest Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Bidvest Group cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Bidvest December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Bidvest stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bidvest shares will generate the highest return on investment. By undertsting and applying Bidvest stock market strength indicators, traders can identify Bidvest Group entry and exit signals to maximize returns
Bidvest Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bidvest's price direction in advance. Along with the technical and fundamental analysis of Bidvest Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bidvest 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 | 0.033 | |||
| Jensen Alpha | 0.0468 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.81) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Bidvest Stock analysis
When running Bidvest's price analysis, check to measure Bidvest'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 Bidvest is operating at the current time. Most of Bidvest's value examination focuses on studying past and present price action to predict the probability of Bidvest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bidvest's price. Additionally, you may evaluate how the addition of Bidvest to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |