Brikor (South Africa) Price on November 14, 2023
| BIK Stock | 18.00 1.00 5.88% |
If you're considering investing in Brikor Stock, it is important to understand the factors that can impact its price. As of today, the current price of Brikor stands at 18.00, as last reported on the 3rd of December, with the highest price reaching 18.00 and the lowest price hitting 18.00 during the day. Brikor appears to be slightly risky, given 3 months investment horizon. Brikor secures Sharpe Ratio (or Efficiency) of 0.0926, which signifies that the company had a 0.0926% return per unit of risk over the last 3 months. By analyzing Brikor's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please makes use of Brikor's Downside Deviation of 12.82, mean deviation of 3.14, and Risk Adjusted Performance of 0.0435 to double-check if our risk estimates are consistent with your expectations.
Brikor Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Brikor |
Sharpe Ratio = 0.0926
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BIK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.46 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.6 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Brikor is performing at about 7% 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 Brikor by adding it to a well-diversified portfolio.
Brikor Valuation on November 14, 2023
It is possible to determine the worth of Brikor on a given historical date. On November 14, 2023 Brikor was worth 15.0 at the beginning of the trading date compared to the closed value of 15.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Brikor stock. Still, in general, we apply an absolute valuation method to find Brikor'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 Brikor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Brikor's related companies.
| Open | High | Low | Close | Volume | |
| 15.00 | 15.00 | 15.00 | 15.00 | 1,496,810 | |
11/14/2023 | 15.00 | 15.00 | 15.00 | 15.00 | 121,602 |
| 15.00 | 15.00 | 15.00 | 15.00 | 170,000 |
| Backtest Brikor | | | Brikor History | | | Brikor Valuation | Previous | Next |
Brikor Trading Date Momentum on November 14, 2023
| On November 15 2023 Brikor was traded for 15.00 at the closing time. The highest price during the trading period was 15.00 and the lowest recorded bid was listed for 15.00 . The volume for the day was 170 K. This history from November 15, 2023 did not affect price variability. The overall trading delta to the current price is 6.67% . |
Brikor Fundamentals Correlations and Trends
By evaluating Brikor'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 Brikor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Brikor financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Brikor Stock history
Brikor 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 Brikor is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Brikor 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 Brikor stock prices may prove useful in developing a viable investing in Brikor
Brikor Stock Technical Analysis
Brikor 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
Brikor Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Brikor cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Brikor December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Brikor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brikor shares will generate the highest return on investment. By undertsting and applying Brikor stock market strength indicators, traders can identify Brikor entry and exit signals to maximize returns
Brikor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Brikor's price direction in advance. Along with the technical and fundamental analysis of Brikor Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Brikor 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 | 0.0435 | |||
| Jensen Alpha | 0.1158 | |||
| Total Risk Alpha | (0.71) | |||
| Sortino Ratio | 0.014 | |||
| Treynor Ratio | 0.1888 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Brikor Stock analysis
When running Brikor's price analysis, check to measure Brikor'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 Brikor is operating at the current time. Most of Brikor's value examination focuses on studying past and present price action to predict the probability of Brikor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brikor's price. Additionally, you may evaluate how the addition of Brikor to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |