Bingex Stock Price on October 3, 2024
| FLX Stock | 6.75 0.25 3.57% |
If you're considering investing in BingEx Stock, it is important to understand the factors that can impact its price. As of today, the current price of BingEx stands at 6.75, as last reported on the 1st of December, with the highest price reaching 7.35 and the lowest price hitting 6.69 during the day. BingEx secures Sharpe Ratio (or Efficiency) of -0.34, which signifies that the company had a -0.34% return per unit of risk over the last 3 months. BingEx exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BingEx's Risk Adjusted Performance of (0.25), standard deviation of 5.8, and Mean Deviation of 4.16 to double-check the risk estimate we provide.
Sale Purchase Of Stock is expected to grow at the current pace this year, whereas Total Stockholder Equity is likely to drop (2.6 B) in 2024. . BingEx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BingEx |
Sharpe Ratio = -0.3383
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| Negative Returns | FLX |
Estimated Market Risk
| 5.74 actual daily | 51 51% of assets are less volatile |
Expected Return
| -1.94 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.34 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BingEx 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 BingEx by adding BingEx to a well-diversified portfolio.
BingEx Valuation on October 3, 2024
It is possible to determine the worth of BingEx on a given historical date. On October 3, 2024 BingEx was worth 16.5 at the beginning of the trading date compared to the closed value of 16.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BingEx stock. Still, in general, we apply an absolute valuation method to find BingEx'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 BingEx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BingEx's related companies.
| Open | High | Low | Close | Volume | |
10/03/2024 | 16.50 | 16.50 | 16.50 | 16.50 | 1.00 |
| 16.50 | 21.95 | 16.50 | 18.01 | 1,378,635 |
| Backtest BingEx | | | BingEx History | | | BingEx Valuation | Next |
BingEx Trading Date Momentum on October 3, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.BingEx Fundamentals Correlations and Trends
By evaluating BingEx'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 BingEx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BingEx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BingEx Stock history
BingEx 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 BingEx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BingEx 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 BingEx stock prices may prove useful in developing a viable investing in BingEx
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 191.8 M | 170.4 M |
BingEx Quarterly Net Working Capital |
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BingEx Stock Technical Analysis
BingEx 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
BingEx Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
BingEx cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
BingEx December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how BingEx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BingEx shares will generate the highest return on investment. By undertsting and applying BingEx stock market strength indicators, traders can identify BingEx entry and exit signals to maximize returns
BingEx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BingEx's price direction in advance. Along with the technical and fundamental analysis of BingEx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BingEx 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 | (0.25) | |||
| Jensen Alpha | (2.03) | |||
| Total Risk Alpha | (2.97) | |||
| Treynor Ratio | (8.48) |
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Additional Tools for BingEx Stock Analysis
When running BingEx's price analysis, check to measure BingEx'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 BingEx is operating at the current time. Most of BingEx's value examination focuses on studying past and present price action to predict the probability of BingEx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BingEx's price. Additionally, you may evaluate how the addition of BingEx to your portfolios can decrease your overall portfolio volatility.