Basic Fit (Netherlands) Price on June 4, 2024
BFIT Stock | EUR 21.98 0.02 0.09% |
If you're considering investing in Basic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Basic Fit stands at 21.98, as last reported on the 29th of December, with the highest price reaching 22.32 and the lowest price hitting 21.90 during the day. Basic Fit NV secures Sharpe Ratio (or Efficiency) of -0.0484, which signifies that the company had a -0.0484% return per unit of risk over the last 3 months. Basic Fit NV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Basic Fit's Risk Adjusted Performance of (0.01), standard deviation of 1.76, and Mean Deviation of 1.25 to double-check the risk estimate we provide.
Basic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Basic |
Sharpe Ratio = -0.0484
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Estimated Market Risk
1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.09 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 Basic Fit 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 Basic Fit by adding Basic Fit to a well-diversified portfolio.
Basic Fit Valuation on June 4, 2024
It is possible to determine the worth of Basic Fit on a given historical date. On June 4, 2024 Basic was worth 21.62 at the beginning of the trading date compared to the closed value of 20.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Basic Fit stock. Still, in general, we apply an absolute valuation method to find Basic Fit'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 Basic Fit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Basic Fit's related companies.
Open | High | Low | Close | Volume | |
22.52 | 22.70 | 21.34 | 21.58 | 251,535 | |
06/04/2024 | 21.62 | 21.80 | 20.78 | 20.84 | 198,605 |
20.96 | 21.24 | 20.74 | 21.24 | 88,905 |
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Basic Fit Trading Date Momentum on June 4, 2024
On June 05 2024 Basic Fit NV was traded for 21.24 at the closing time. The highest price during the trading period was 21.24 and the lowest recorded bid was listed for 20.74 . The volume for the day was 88.9 K. This history from June 5, 2024 contributed to the next trading day price appreciation. The overall trading delta to the next closing price was 1.92% . The overall trading delta to the current price is 3.17% . |
Basic Fit NV Fundamentals Correlations and Trends
By evaluating Basic Fit'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 Basic Fit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Basic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Basic Fit Stock history
Basic Fit 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 Basic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Basic Fit NV 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 Basic Fit stock prices may prove useful in developing a viable investing in Basic Fit
Basic-Fit N.V. operates fitness clubs in the Netherlands, Belgium, Luxembourg, France, and Spain. The company was incorporated in 2016 and is headquartered in Hoofddorp, the Netherlands. BASIC FIT is traded on Amsterdam Stock Exchange in Netherlands.
Basic Fit Stock Technical Analysis
Basic Fit 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
Basic Fit Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Basic Fit NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. 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.
Basic Fit December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Basic Fit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Basic Fit shares will generate the highest return on investment. By undertsting and applying Basic Fit stock market strength indicators, traders can identify Basic Fit NV entry and exit signals to maximize returns
Basic Fit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Basic Fit's price direction in advance. Along with the technical and fundamental analysis of Basic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Basic 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 | (0.01) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | 0.5152 |
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Additional Tools for Basic Stock Analysis
When running Basic Fit's price analysis, check to measure Basic Fit'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 Basic Fit is operating at the current time. Most of Basic Fit's value examination focuses on studying past and present price action to predict the probability of Basic Fit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Basic Fit's price. Additionally, you may evaluate how the addition of Basic Fit to your portfolios can decrease your overall portfolio volatility.