Byke Hospitality (India) Price on December 9, 2024

BYKE Stock   97.56  4.64  4.99%   
Below is the normalized historical share price chart for The Byke Hospitality extending back to April 15, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Byke Hospitality stands at 97.56, as last reported on the 15th of December 2024, with the highest price reaching 97.56 and the lowest price hitting 93.99 during the day.
200 Day MA
72.6122
50 Day MA
72.9454
Beta
1.143
 
Yuan Drop
 
Covid
If you're considering investing in Byke Stock, it is important to understand the factors that can impact its price. Byke Hospitality appears to be very steady, given 3 months investment horizon. Byke Hospitality secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. By analyzing Byke Hospitality's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please makes use of Byke Hospitality's Risk Adjusted Performance of 0.131, semi deviation of 1.77, and Mean Deviation of 2.3 to double-check if our risk estimates are consistent with your expectations.
  
Total Stockholder Equity is likely to drop to about 1.2 B in 2024. Common Stock Shares Outstanding is likely to drop to about 37 M in 2024. Byke Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1745

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Estimated Market Risk

 3.12
  actual daily
27
73% of assets are more volatile

Expected Return

 0.54
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.17
  actual daily
13
87% of assets perform better
Based on monthly moving average Byke Hospitality is performing at about 13% 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 Byke Hospitality by adding it to a well-diversified portfolio.
Price Book
2.2884
Book Value
43.06
Enterprise Value
5.4 B
Enterprise Value Ebitda
14.1961
Price Sales
5.8572

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Byke Hospitality Valuation on December 9, 2024

It is possible to determine the worth of Byke Hospitality on a given historical date. On December 9, 2024 Byke was worth 83.5 at the beginning of the trading date compared to the closed value of 82.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Byke Hospitality stock. Still, in general, we apply an absolute valuation method to find Byke Hospitality'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 Byke Hospitality where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Byke Hospitality's related companies.
 Open High Low Close Volume
  76.11    79.91    76.11    79.91    202,738  
12/09/2024
  83.50    83.90    81.30    82.67    270,109  
  85.00    85.29    82.05    84.39    177,186  
Backtest Byke Hospitality  |  Byke Hospitality History  |  Byke Hospitality Valuation   PreviousNext  
Open Value
83.5
82.67
Closing Value
92.87
Upside

Byke Hospitality Trading Date Momentum on December 9, 2024

On December 10 2024 The Byke Hospitality was traded for  84.39  at the closing time. The highest price during the trading period was 85.29  and the lowest recorded bid was listed for  82.05 . The volume for the day was 177.2 K. This history from December 10, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 2.08% . The trading price change to the current price is 13.69% .

Byke Hospitality Fundamentals Correlations and Trends

By evaluating Byke Hospitality'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 Byke Hospitality's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Byke financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Byke Hospitality Stock history

Byke Hospitality 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 Byke is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Byke Hospitality 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 Byke Hospitality stock prices may prove useful in developing a viable investing in Byke Hospitality
Last ReportedProjected for Next Year
Common Stock Shares Outstanding40.7 M37 M
Net Income Applicable To Common Shares20.6 M19.6 M

Byke Hospitality Quarterly Net Working Capital

588.47 Million

Byke Hospitality Stock Technical Analysis

Byke Hospitality 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.
A focus of Byke Hospitality technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Byke Hospitality trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Byke Hospitality Period Price Range

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December 15, 2024
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The Byke Hospitality cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.

Byke Hospitality December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Byke Hospitality stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Byke Hospitality shares will generate the highest return on investment. By undertsting and applying Byke Hospitality stock market strength indicators, traders can identify The Byke Hospitality entry and exit signals to maximize returns

Byke Hospitality Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Byke Hospitality's price direction in advance. Along with the technical and fundamental analysis of Byke Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Byke 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.

Additional Tools for Byke Stock Analysis

When running Byke Hospitality's price analysis, check to measure Byke Hospitality'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 Byke Hospitality is operating at the current time. Most of Byke Hospitality's value examination focuses on studying past and present price action to predict the probability of Byke Hospitality's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Byke Hospitality's price. Additionally, you may evaluate how the addition of Byke Hospitality to your portfolios can decrease your overall portfolio volatility.