Byke Hospitality (India) Price on December 13, 2024
| BYKE Stock | 95.87 1.78 1.89% |
If you're considering investing in Byke Stock, it is important to understand the factors that can impact its price. As of today, the current price of Byke Hospitality stands at 95.87, as last reported on the 8th of January, with the highest price reaching 98.00 and the lowest price hitting 90.10 during the day. Byke Hospitality appears to be very steady, given 3 months investment horizon. Byke Hospitality secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% 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 0.57% is justified by implied risk. Please makes use of Byke Hospitality's Semi Deviation of 1.89, mean deviation of 2.33, and Risk Adjusted Performance of 0.1523 to double-check if our risk estimates are consistent with your expectations.
Byke Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Byke |
Sharpe Ratio = 0.18
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Estimated Market Risk
| 3.14 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Byke Hospitality is performing at about 14% 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.
Byke Hospitality Valuation on December 13, 2024
It is possible to determine the worth of Byke Hospitality on a given historical date. On December 13, 2024 Byke was worth 93.99 at the beginning of the trading date compared to the closed value of 97.56. 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 | |
| 90.35 | 92.92 | 88.50 | 92.92 | 233,918 | |
12/13/2024 | 93.99 | 97.56 | 93.99 | 97.56 | 359,004 |
| 99.79 | 102.43 | 99.79 | 102.37 | 352,630 |
| Backtest Byke Hospitality | | | Byke Hospitality History | | | Byke Hospitality Valuation | Previous | Next |
Byke Hospitality Trading Date Momentum on December 13, 2024
| On December 16 2024 The Byke Hospitality was traded for 102.37 at the closing time. The highest price during the trading period was 102.43 and the lowest recorded bid was listed for 99.79 . The volume for the day was 352.6 K. This history from December 16, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 4.93% . The trading price change to the current price is 2.50% . |
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
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.
Price Boundaries
Byke Hospitality Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
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 January 8, 2025 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.
| Risk Adjusted Performance | 0.1523 | |||
| Jensen Alpha | 0.5558 | |||
| Total Risk Alpha | 0.5581 | |||
| Sortino Ratio | 0.239 | |||
| Treynor Ratio | (2.54) |
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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.