Baltic Panamax (UK) Price on September 24, 2024
| BPNI Index | 1,053 76.00 7.78% |
Below is the normalized historical share price chart for Baltic Panamax extending back to July 04, 2012. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Baltic Panamax stands at 1,053, as last reported on the 17th of December 2024, with the highest price reaching 1,053 and the lowest price hitting 1,053 during the day.
If you're considering investing in Baltic Index, it is important to understand the factors that can impact its price. Baltic Panamax secures Sharpe Ratio (or Efficiency) of -0.38, which signifies that the index had a -0.38% return per unit of risk over the last 3 months. Baltic Panamax exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Baltic Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = -0.3765
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BPNI |
Estimated Market Risk
| 1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.56 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.38 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Baltic Panamax 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 Baltic Panamax by adding Baltic Panamax to a well-diversified portfolio.
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Baltic Panamax Valuation on September 24, 2024
It is possible to determine the worth of Baltic Panamax on a given historical date. On September 24, 2024 Baltic was worth 1560.0 at the beginning of the trading date compared to the closed value of 1560.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Baltic Panamax index. Still, in general, we apply an absolute valuation method to find Baltic Panamax'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 Baltic Panamax where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Baltic Panamax's related companies.
| Open | High | Low | Close | Volume | |
| 1,552 | 1,552 | 1,552 | 1,552 | 1.00 | |
09/24/2024 | 1,560 | 1,560 | 1,560 | 1,560 | 1.00 |
| 1,543 | 1,543 | 1,543 | 1,543 | 1.00 |
| Backtest Baltic Panamax | | | Baltic Panamax History | Previous | Next |
Baltic Panamax Trading Date Momentum on September 24, 2024
| On September 25 2024 Baltic Panamax was traded for 1,543 at the closing time. The highest price during the trading period was 1,543 and the lowest recorded bid was listed for 1,543 . There was no trading activity during the period 1.0. Lack of trading volume on September 25, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.09% . The overall trading delta to the current price is 11.03% . |
Price Boundaries
Baltic Panamax Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Baltic Panamax cannot be verified against its exchange. Please verify the symbol is currently traded on INDX. 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.
Baltic Panamax December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Baltic Panamax index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Baltic Panamax shares will generate the highest return on investment. By undertsting and applying Baltic Panamax index market strength indicators, traders can identify Baltic Panamax entry and exit signals to maximize returns
Baltic Panamax Technical Drivers
Baltic Panamax December 17, 2024 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Baltic Panamax's price direction in advance. Along with the technical and fundamental analysis of Baltic Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of Baltic 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 | (0.16) | |||
| Mean Deviation | 1.3 | |||
| Coefficient Of Variation | (437.98) | |||
| Standard Deviation | 1.62 | |||
| Variance | 2.62 | |||
| Information Ratio | (0.28) | |||
| Total Risk Alpha | (0.55) | |||
| Maximum Drawdown | 7.42 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 2.46 | |||
| Skewness | 0.0404 | |||
| Kurtosis | (0.41) |
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| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |