Bingex Stock Price on November 13, 2024

FLX Stock   7.00  0.13  1.82%   
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 7.00, as last reported on the 29th of November, with the highest price reaching 7.48 and the lowest price hitting 6.50 during the day. BingEx secures Sharpe Ratio (or Efficiency) of -0.33, which signifies that the company had a -0.33% 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 Standard Deviation of 5.87, mean deviation of 4.22, and Risk Adjusted Performance of (0.25) 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.

Sharpe Ratio = -0.3276

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFLX

Estimated Market Risk

 5.8
  actual daily
51
51% of assets are less volatile

Expected Return

 -1.9
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.33
  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.

Related Headline

Neogen Headline on 13th of November 2024

Geneva Capital Management LLC increased its holdings in Neogen Co. by 0.3 percent during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,094,762 shares of the companys stock after purchasing an additional 7,226 shares during the period. Geneva Capital Management LLC owned approximately

BingEx Valuation on November 13, 2024

It is possible to determine the worth of BingEx on a given historical date. On November 13, 2024 BingEx was worth 10.74 at the beginning of the trading date compared to the closed value of 10.99. 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
  11.48    11.77    10.81    10.81    54,245  
11/13/2024
  10.74    11.16    10.74    10.99    2,699  
  11.00    11.00    8.72    9.12    72,645  
Backtest BingEx  |  BingEx History  |  BingEx Valuation   PreviousNext  
Open Value
10.74
10.99
Closing Value
28.14
Upside

BingEx Trading Date Momentum on November 13, 2024

On November 14 2024 BingEx was traded for  9.12  at the closing time. Highest BingEx's price during the trading hours was 11.00  and the lowest price during the day was  8.72 . The net volume was 72.6 K. The overall trading history on the 14th of November 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 17.02% . The overall trading delta to current price is 29.94% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding191.8 M170.4 M

BingEx Quarterly Net Working Capital

343.59 Million

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.
A focus of BingEx technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BingEx 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

BingEx Period Price Range

Low
November 29, 2024
0.00  NaN%
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 November 29, 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.

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.