BYD Company (Germany) Price on November 5, 2024
| BY6 Stock | EUR 32.02 0.27 0.85% |
If you're considering investing in BYD Stock, it is important to understand the factors that can impact its price. As of today, the current price of BYD Company stands at 32.02, as last reported on the 27th of November, with the highest price reaching 32.12 and the lowest price hitting 31.19 during the day. BYD Company appears to be very steady, given 3 months investment horizon. BYD Limited secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BYD Company Limited, which you can use to evaluate the volatility of the firm. Please makes use of BYD Company's Mean Deviation of 1.88, downside deviation of 2.72, and Risk Adjusted Performance of 0.1058 to double-check if our risk estimates are consistent with your expectations.
BYD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BYD |
Sharpe Ratio = 0.1262
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BY6 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.68 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average BYD Company is performing at about 9% 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 BYD Company by adding it to a well-diversified portfolio.
BYD Company Valuation on November 5, 2024
It is possible to determine the worth of BYD Company on a given historical date. On November 5, 2024 BYD was worth 34.5 at the beginning of the trading date compared to the closed value of 34.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BYD Company stock. Still, in general, we apply an absolute valuation method to find BYD Company'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 BYD Company where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BYD Company's related companies.
| Open | High | Low | Close | Volume | |
| 33.95 | 34.16 | 33.70 | 33.94 | 108,226 | |
11/05/2024 | 34.50 | 34.50 | 34.50 | 34.50 | 1.00 |
| 33.71 | 33.81 | 32.35 | 33.44 | 1.00 |
| Backtest BYD Company | | | BYD Company History | | | BYD Company Valuation | Previous | Next |
BYD Company Trading Date Momentum on November 5, 2024
| On November 06 2024 BYD Company Limited was traded for 33.44 at the closing time. The highest daily price throughout the period was 33.81 and the lowest price was 32.35 . There was no trading activity during the period 1.0. Lack of trading volume on 11/06/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 3.07% . The overall trading delta to current closing price is 7.04% . |
BYD Limited Fundamentals Correlations and Trends
By evaluating BYD Company'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 BYD Company's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BYD financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BYD Company Stock history
BYD Company 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 BYD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BYD Limited 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 BYD Company stock prices may prove useful in developing a viable investing in BYD Company
BYD Company Limited, together with its subsidiaries, primarily engages in the research, development, manufacture, and sale of automobiles and related products worldwide. BYD Company Limited was founded in 1995 and is headquartered in Shenzhen, China. BYD is traded on Frankfurt Stock Exchange in Germany.
BYD Company Stock Technical Analysis
BYD Company 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
BYD Company Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
BYD Company Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
BYD Company November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how BYD Company stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BYD Company shares will generate the highest return on investment. By undertsting and applying BYD Company stock market strength indicators, traders can identify BYD Company Limited entry and exit signals to maximize returns
BYD Company Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BYD Company's price direction in advance. Along with the technical and fundamental analysis of BYD Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BYD 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 | 0.1058 | |||
| Jensen Alpha | 0.3562 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0802 | |||
| Treynor Ratio | (2.01) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for BYD Stock analysis
When running BYD Company's price analysis, check to measure BYD Company'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 BYD Company is operating at the current time. Most of BYD Company's value examination focuses on studying past and present price action to predict the probability of BYD Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BYD Company's price. Additionally, you may evaluate how the addition of BYD Company to your portfolios can decrease your overall portfolio volatility.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |