BIM Birlesik (Turkey) Price on December 21, 2024
BIMAS Stock | TRY 494.75 7.25 1.44% |
If you're considering investing in BIM Stock, it is important to understand the factors that can impact its price. As of today, the current price of BIM Birlesik stands at 494.75, as last reported on the 22nd of December, with the highest price reaching 505.00 and the lowest price hitting 494.75 during the day. BIM Birlesik Magazalar secures Sharpe Ratio (or Efficiency) of -0.0804, which signifies that the company had a -0.0804% return per unit of return volatility over the last 3 months. BIM Birlesik Magazalar exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BIM Birlesik's Mean Deviation of 1.97, risk adjusted performance of (0.07), and Coefficient Of Variation of (1,024) to double-check the risk estimate we provide.
BIM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BIM |
Sharpe Ratio = -0.0804
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Estimated Market Risk
2.51 actual daily | 22 78% of assets are more volatile |
Expected Return
-0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BIM Birlesik 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 BIM Birlesik by adding BIM Birlesik to a well-diversified portfolio.
BIM Birlesik Valuation on December 21, 2024
It is possible to determine the worth of BIM Birlesik on a given historical date. On December 21, 2024 BIM was worth 502.0 at the beginning of the trading date compared to the closed value of 494.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BIM Birlesik stock. Still, in general, we apply an absolute valuation method to find BIM Birlesik'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 BIM Birlesik where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BIM Birlesik's related companies.
Open | High | Low | Close | Volume | |
502.00 | 505.00 | 494.75 | 494.75 | 2,735,072 | |
12/22/2024 | 502.00 | 505.00 | 494.75 | 494.75 | 0.00 |
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BIM Birlesik Trading Date Momentum on December 21, 2024
On December 22 2024 BIM Birlesik Magazalar was traded for 494.75 at the closing time. The highest price during the trading period was 505.00 and the lowest recorded bid was listed for 494.75 . There was no trading activity during the period 0.0. Lack of trading volume on December 22, 2024 did not affect price variability. The overall trading delta to the current price is 1.47% . |
BIM Birlesik Magazalar Fundamentals Correlations and Trends
By evaluating BIM Birlesik'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 BIM Birlesik's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BIM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BIM Birlesik Stock history
BIM Birlesik 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 BIM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BIM Birlesik Magazalar 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 BIM Birlesik stock prices may prove useful in developing a viable investing in BIM Birlesik
BIM Birlesik Magazalar A.S., together with its subsidiaries, operates retail stores in Turkey, Morocco, and Egypt. BIM Birlesik Magazalar A.S. was founded in 1995 and is headquartered in Istanbul, Turkey. BIM MAGAZALAR operates under Grocery Stores classification in Turkey and is traded on Istanbul Stock Exchange. It employs 60663 people.
BIM Birlesik Stock Technical Analysis
BIM Birlesik 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
BIM Birlesik Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
BIM Birlesik Magazalar cannot be verified against its exchange. Please verify the symbol is currently traded on Istanbul Stock 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.
BIM Birlesik December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how BIM Birlesik stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BIM Birlesik shares will generate the highest return on investment. By undertsting and applying BIM Birlesik stock market strength indicators, traders can identify BIM Birlesik Magazalar entry and exit signals to maximize returns
BIM Birlesik Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BIM Birlesik's price direction in advance. Along with the technical and fundamental analysis of BIM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BIM 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 | (0.07) | |||
Jensen Alpha | (0.27) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | (0.77) |
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Complementary Tools for BIM Stock analysis
When running BIM Birlesik's price analysis, check to measure BIM Birlesik'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 BIM Birlesik is operating at the current time. Most of BIM Birlesik's value examination focuses on studying past and present price action to predict the probability of BIM Birlesik's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIM Birlesik's price. Additionally, you may evaluate how the addition of BIM Birlesik to your portfolios can decrease your overall portfolio volatility.
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