Bridgestone Stock Price on March 15, 2023
BRDCF Stock | USD 33.00 2.89 8.05% |
If you're considering investing in Bridgestone Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Bridgestone stands at 33.00, as last reported on the 26th of December, with the highest price reaching 33.00 and the lowest price hitting 33.00 during the day. Bridgestone secures Sharpe Ratio (or Efficiency) of -0.0025, which signifies that the company had a -0.0025% return per unit of risk over the last 3 months. Bridgestone exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bridgestone's Standard Deviation of 5.43, risk adjusted performance of 0.0065, and Mean Deviation of 3.4 to double-check the risk estimate we provide.
Bridgestone Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Bridgestone |
Sharpe Ratio = -0.0025
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | BRDCF |
Estimated Market Risk
5.33 actual daily | 47 53% of assets are more volatile |
Expected Return
-0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bridgestone 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 Bridgestone by adding Bridgestone to a well-diversified portfolio.
Bridgestone Valuation on March 15, 2023
It is possible to determine the worth of Bridgestone on a given historical date. On March 15, 2023 Bridgestone was worth 37.88 at the beginning of the trading date compared to the closed value of 37.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bridgestone pink sheet. Still, in general, we apply an absolute valuation method to find Bridgestone'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 Bridgestone where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bridgestone's related companies.
Open | High | Low | Close | Volume | |
37.88 | 37.88 | 37.88 | 37.88 | 1.00 | |
03/15/2023 | 37.88 | 37.88 | 37.88 | 37.88 | 600.00 |
37.88 | 37.88 | 37.88 | 37.88 | 1.00 |
Backtest Bridgestone | | | Bridgestone History | | | Bridgestone Valuation | Previous | Next |
Bridgestone Trading Date Momentum on March 15, 2023
On March 16 2023 Bridgestone was traded for 37.88 at the closing time. The highest daily price throughout the period was 37.88 and the lowest price was 37.88 . There was no trading activity during the period 1.0. Lack of trading volume on 03/16/2023 did not affect price variability. The overall trading delta to current closing price is 4.01% . |
Bridgestone Fundamentals Correlations and Trends
By evaluating Bridgestone'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 Bridgestone's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bridgestone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bridgestone Pink Sheet history
Bridgestone 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 Bridgestone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bridgestone 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 Bridgestone stock prices may prove useful in developing a viable investing in Bridgestone
Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products. The company was founded in 1931 and is headquartered in Tokyo, Japan. Bridgestone Corp operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 135636 people.
Bridgestone Pink Sheet Technical Analysis
Bridgestone technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Bridgestone Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Bridgestone cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Bridgestone December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Bridgestone pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bridgestone shares will generate the highest return on investment. By undertsting and applying Bridgestone pink sheet market strength indicators, traders can identify Bridgestone entry and exit signals to maximize returns
Bridgestone Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bridgestone's price direction in advance. Along with the technical and fundamental analysis of Bridgestone Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bridgestone 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 | 0.0065 | |||
Jensen Alpha | (0.02) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | 0.1069 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Bridgestone Pink Sheet analysis
When running Bridgestone's price analysis, check to measure Bridgestone'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 Bridgestone is operating at the current time. Most of Bridgestone's value examination focuses on studying past and present price action to predict the probability of Bridgestone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridgestone's price. Additionally, you may evaluate how the addition of Bridgestone to your portfolios can decrease your overall portfolio volatility.
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |