Basic Fit (Netherlands) Price on November 11, 2024

BFIT Stock  EUR 21.46  0.10  0.47%   
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 21.46, as last reported on the 23rd of December, with the highest price reaching 21.48 and the lowest price hitting 21.02 during the day. Basic Fit NV secures Sharpe Ratio (or Efficiency) of -0.035, which signifies that the company had a -0.035% 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 Mean Deviation of 1.24, standard deviation of 1.75, and Risk Adjusted Performance of (0.01) 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.

Sharpe Ratio = -0.035

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Estimated Market Risk

 1.76
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  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 November 11, 2024

It is possible to determine the worth of Basic Fit on a given historical date. On November 11, 2024 Basic was worth 22.78 at the beginning of the trading date compared to the closed value of 23.14. 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
  22.66    22.88    22.22    22.82    116,393  
11/11/2024
  22.78    23.66    22.78    23.14    175,645  
  22.96    23.08    22.52    22.52    157,053  
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Open Value
22.78
23.14
Closing Value
28.06
Upside

Basic Fit Trading Date Momentum on November 11, 2024

On November 12 2024 Basic Fit NV was traded for  22.52  at the closing time. The highest price during the trading period was 23.08  and the lowest recorded bid was listed for  22.52 . The volume for the day was 157.1 K. This history from November 12, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 2.68% . The overall trading delta to the current price is 6.14% .
JavaScript chart by amCharts 3.21.1511/11/2024NovNov 04Nov 07Nov 10Nov 13Nov 16Nov 1921.522.022.523.0

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

Basic Fit Period Price Range

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December 23, 2024
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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 23, 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.

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.