Blue Label (South Africa) Price on February 19, 2023
| BLU Stock | 586.00 2.00 0.34% |
If you're considering investing in Blue Stock, it is important to understand the factors that can impact its price. As of today, the current price of Blue Label stands at 586.00, as last reported on the 12th of December 2024, with the highest price reaching 600.00 and the lowest price hitting 586.00 during the day. Blue Label appears to be very steady, given 3 months investment horizon. Blue Label Telecoms secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Blue Label Telecoms, which you can use to evaluate the volatility of the firm. Please makes use of Blue Label's Downside Deviation of 1.24, risk adjusted performance of 0.1488, and Mean Deviation of 1.23 to double-check if our risk estimates are consistent with your expectations.
Blue Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Blue |
Sharpe Ratio = 0.2043
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Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 16 84% of assets perform better |
Based on monthly moving average Blue Label is performing at about 16% 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 Blue Label by adding it to a well-diversified portfolio.
Blue Label Valuation on February 19, 2023
It is possible to determine the worth of Blue Label on a given historical date. On February 19, 2023 Blue was worth 550.0 at the beginning of the trading date compared to the closed value of 520.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Blue Label stock. Still, in general, we apply an absolute valuation method to find Blue Label'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 Blue Label where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Blue Label's related companies.
| Open | High | Low | Close | Volume | |
| 564.00 | 580.00 | 545.00 | 547.00 | 633,302 | |
02/17/2023 | 550.00 | 550.00 | 510.00 | 520.00 | 2,506,004 |
| 520.00 | 534.00 | 491.00 | 514.00 | 4,659,849 |
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Blue Label Trading Date Momentum on February 19, 2023
| On February 20 2023 Blue Label Telecoms was traded for 514.00 at the closing time. The highest price during the trading period was 534.00 and the lowest recorded bid was listed for 491.00 . The volume for the day was 4.7 M. This history from February 20, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.15% . The overall trading delta to the current price is 6.15% . |
Blue Label Telecoms Fundamentals Correlations and Trends
By evaluating Blue Label'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 Blue Label's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Blue financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Blue Label Stock history
Blue Label 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 Blue is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Blue Label Telecoms 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 Blue Label stock prices may prove useful in developing a viable investing in Blue Label
Blue Label Stock Technical Analysis
Blue Label 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
Blue Label Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Blue Label Telecoms 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.
Blue Label December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Blue Label stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Blue Label shares will generate the highest return on investment. By undertsting and applying Blue Label stock market strength indicators, traders can identify Blue Label Telecoms entry and exit signals to maximize returns
Blue Label Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Blue Label's price direction in advance. Along with the technical and fundamental analysis of Blue Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Blue 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 | 0.1488 | |||
| Jensen Alpha | 0.3092 | |||
| Total Risk Alpha | 0.0541 | |||
| Sortino Ratio | 0.1562 | |||
| Treynor Ratio | (50.57) |
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Complementary Tools for Blue Stock analysis
When running Blue Label's price analysis, check to measure Blue Label'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 Blue Label is operating at the current time. Most of Blue Label's value examination focuses on studying past and present price action to predict the probability of Blue Label's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Blue Label's price. Additionally, you may evaluate how the addition of Blue Label to your portfolios can decrease your overall portfolio volatility.
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