Beijer Ref (Sweden) Price on August 20, 2024
| BEIJ-B Stock | SEK 170.85 1.25 0.74% |
If you're considering investing in Beijer Stock, it is important to understand the factors that can impact its price. As of today, the current price of Beijer Ref stands at 170.85, as last reported on the 3rd of December, with the highest price reaching 171.15 and the lowest price hitting 166.65 during the day. At this point, Beijer Ref is very steady. Beijer Ref AB secures Sharpe Ratio (or Efficiency) of 0.0123, which signifies that the company had a 0.0123% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Beijer Ref AB, which you can use to evaluate the volatility of the firm. Please confirm Beijer Ref's Risk Adjusted Performance of 0.0056, standard deviation of 2.2, and Mean Deviation of 1.58 to double-check if the risk estimate we provide is consistent with the expected return of 0.0271%.
Beijer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Beijer |
Sharpe Ratio = 0.0123
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Estimated Market Risk
| 2.21 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Beijer Ref 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 Beijer Ref by adding Beijer Ref to a well-diversified portfolio.
Beijer Ref Valuation on August 20, 2024
It is possible to determine the worth of Beijer Ref on a given historical date. On August 20, 2024 Beijer was worth 169.98 at the beginning of the trading date compared to the closed value of 169.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beijer Ref stock. Still, in general, we apply an absolute valuation method to find Beijer Ref'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 Beijer Ref where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beijer Ref's related companies.
| Open | High | Low | Close | Volume | |
| 168.63 | 170.08 | 167.94 | 169.43 | 319,654 | |
08/20/2024 | 169.98 | 171.27 | 168.98 | 169.88 | 302,646 |
| 169.93 | 170.23 | 167.99 | 168.38 | 257,951 |
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Beijer Ref Trading Date Momentum on August 20, 2024
| On August 21 2024 Beijer Ref AB was traded for 168.38 at the closing time. The highest price during the trading period was 170.23 and the lowest recorded bid was listed for 167.99 . The volume for the day was 258 K. This history from August 21, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.88% . The overall trading delta to the current price is 5.48% . |
Beijer Ref AB Fundamentals Correlations and Trends
By evaluating Beijer Ref'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 Beijer Ref's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Beijer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Beijer Ref Stock history
Beijer Ref 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 Beijer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beijer Ref AB 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 Beijer Ref stock prices may prove useful in developing a viable investing in Beijer Ref
Beijer Ref AB , together with its subsidiaries, engages in the wholesale of refrigeration products for refrigeration installation contractors, and service and contracting companies. Beijer Ref AB was founded in 1866 and is headquartered in Malm, Sweden. Beijer Ref operates under Diversified Industrials classification in Sweden and is traded on Stockholm Stock Exchange. It employs 3820 people.
Beijer Ref Stock Technical Analysis
Beijer Ref 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
Beijer Ref Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Beijer Ref AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Beijer Ref December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Beijer Ref stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beijer Ref shares will generate the highest return on investment. By undertsting and applying Beijer Ref stock market strength indicators, traders can identify Beijer Ref AB entry and exit signals to maximize returns
Beijer Ref Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beijer Ref's price direction in advance. Along with the technical and fundamental analysis of Beijer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beijer 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 | 0.0056 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.03) |
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Complementary Tools for Beijer Stock analysis
When running Beijer Ref's price analysis, check to measure Beijer Ref'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 Beijer Ref is operating at the current time. Most of Beijer Ref's value examination focuses on studying past and present price action to predict the probability of Beijer Ref's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beijer Ref's price. Additionally, you may evaluate how the addition of Beijer Ref to your portfolios can decrease your overall portfolio volatility.
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