BeiGene (Brazil) Price on July 4, 2023
B1GN34 Stock | BRL 44.65 2.35 5.56% |
If you're considering investing in BeiGene Stock, it is important to understand the factors that can impact its price. As of today, the current price of BeiGene stands at 44.65, as last reported on the 27th of December, with the highest price reaching 46.16 and the lowest price hitting 44.65 during the day. BeiGene secures Sharpe Ratio (or Efficiency) of -0.0482, which signifies that the company had a -0.0482% return per unit of risk over the last 3 months. BeiGene exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BeiGene's Mean Deviation of 1.66, downside deviation of 3.74, and Risk Adjusted Performance of 0.0217 to double-check the risk estimate we provide.
BeiGene Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BeiGene |
Sharpe Ratio = -0.0482
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Estimated Market Risk
2.82 actual daily | 25 75% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BeiGene 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 BeiGene by adding BeiGene to a well-diversified portfolio.
BeiGene Valuation on July 4, 2023
It is possible to determine the worth of BeiGene on a given historical date. On July 4, 2023 BeiGene was worth 35.2 at the beginning of the trading date compared to the closed value of 35.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BeiGene stock. Still, in general, we apply an absolute valuation method to find BeiGene'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 BeiGene where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BeiGene's related companies.
Open | High | Low | Close | Volume | |
34.48 | 34.48 | 34.48 | 34.48 | 1.00 | |
07/04/2023 | 35.20 | 35.30 | 35.20 | 35.30 | 2.00 |
36.54 | 36.54 | 36.54 | 36.54 | 1.00 |
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BeiGene Trading Date Momentum on July 4, 2023
On July 05 2023 BeiGene was traded for 36.54 at the closing time. The highest price during the trading period was 36.54 and the lowest recorded bid was listed for 36.54 . There was no trading activity during the period 1.0. Lack of trading volume on July 5, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 3.51% . The overall trading delta to the current price is 3.12% . |
BeiGene Fundamentals Correlations and Trends
By evaluating BeiGene'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 BeiGene's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BeiGene financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BeiGene Stock history
BeiGene 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 BeiGene is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BeiGene 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 BeiGene stock prices may prove useful in developing a viable investing in BeiGene
BeiGene Stock Technical Analysis
BeiGene 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
BeiGene Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
BeiGene cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
BeiGene December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how BeiGene stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BeiGene shares will generate the highest return on investment. By undertsting and applying BeiGene stock market strength indicators, traders can identify BeiGene entry and exit signals to maximize returns
BeiGene Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BeiGene's price direction in advance. Along with the technical and fundamental analysis of BeiGene Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BeiGene 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 | 0.0217 | |||
Jensen Alpha | 0.0306 | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | (0.0003) | |||
Treynor Ratio | 0.1586 |
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Volume Indicators |
Complementary Tools for BeiGene Stock analysis
When running BeiGene's price analysis, check to measure BeiGene'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 BeiGene is operating at the current time. Most of BeiGene's value examination focuses on studying past and present price action to predict the probability of BeiGene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BeiGene's price. Additionally, you may evaluate how the addition of BeiGene to your portfolios can decrease your overall portfolio volatility.
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