Bloom Energy (Germany) Price on July 9, 2024
1ZB Stock | EUR 22.76 0.31 1.34% |
If you're considering investing in Bloom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bloom Energy stands at 22.76, as last reported on the 29th of December, with the highest price reaching 23.18 and the lowest price hitting 22.65 during the day. Bloom Energy is slightly risky given 3 months investment horizon. Bloom Energy secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.85% are justified by taking the suggested risk. Use Bloom Energy Downside Deviation of 4.3, risk adjusted performance of 0.1399, and Mean Deviation of 4.76 to evaluate company specific risk that cannot be diversified away.
Bloom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bloom |
Sharpe Ratio = 0.1671
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Estimated Market Risk
11.09 actual daily | 96 96% of assets are less volatile |
Expected Return
1.85 actual daily | 36 64% of assets have higher returns |
Risk-Adjusted Return
0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Bloom Energy 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 Bloom Energy by adding it to a well-diversified portfolio.
Bloom Energy Valuation on July 9, 2024
It is possible to determine the worth of Bloom Energy on a given historical date. On July 9, 2024 Bloom was worth 11.43 at the beginning of the trading date compared to the closed value of 11.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bloom Energy stock. Still, in general, we apply an absolute valuation method to find Bloom Energy'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 Bloom Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bloom Energy's related companies.
Open | High | Low | Close | Volume | |
11.13 | 11.13 | 11.13 | 11.13 | 150.00 | |
07/09/2024 | 11.43 | 11.43 | 11.43 | 11.43 | 150.00 |
11.27 | 11.83 | 11.19 | 11.61 | 500.00 |
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Bloom Energy Trading Date Momentum on July 9, 2024
On July 10 2024 Bloom Energy was traded for 11.61 at the closing time. The highest daily price throughout the period was 11.83 and the lowest price was 11.19 . The daily volume was 500. The net trading volume on 07/10/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 1.57% . The overall trading delta to current closing price is 18.29% . |
Bloom Energy Fundamentals Correlations and Trends
By evaluating Bloom Energy'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 Bloom Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bloom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bloom Energy Stock history
Bloom Energy 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 Bloom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bloom Energy 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 Bloom Energy stock prices may prove useful in developing a viable investing in Bloom Energy
Bloom Energy Corporation designs, manufactures, and sells solid-oxide fuel cell systems for on-site power generation in the United States, Japan, China, India, and the Republic of Korea. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California. BLOOM ENERGY operates under Electrical Equipment Parts classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1316 people.
Bloom Energy Stock Technical Analysis
Bloom Energy 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
Bloom Energy Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Bloom Energy 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.
Bloom Energy December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Bloom Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bloom Energy shares will generate the highest return on investment. By undertsting and applying Bloom Energy stock market strength indicators, traders can identify Bloom Energy entry and exit signals to maximize returns
Bloom Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bloom Energy's price direction in advance. Along with the technical and fundamental analysis of Bloom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bloom 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 | 0.1399 | |||
Jensen Alpha | 1.75 | |||
Total Risk Alpha | 1.47 | |||
Sortino Ratio | 0.4065 | |||
Treynor Ratio | 2.69 |
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Complementary Tools for Bloom Stock analysis
When running Bloom Energy's price analysis, check to measure Bloom Energy'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 Bloom Energy is operating at the current time. Most of Bloom Energy's value examination focuses on studying past and present price action to predict the probability of Bloom Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bloom Energy's price. Additionally, you may evaluate how the addition of Bloom Energy to your portfolios can decrease your overall portfolio volatility.
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