Bridgestone Corp Adr Stock Price on November 8, 2024
BRDCY Stock | USD 17.49 0.06 0.34% |
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 Corp stands at 17.49, as last reported on the 11th of December 2024, with the highest price reaching 17.60 and the lowest price hitting 17.47 during the day. Bridgestone Corp ADR secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Bridgestone Corp ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bridgestone Corp's Standard Deviation of 1.03, mean deviation of 0.743, and Risk Adjusted Performance of (0.08) 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 = -0.1156
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Estimated Market Risk
1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
-0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bridgestone Corp 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 Corp by adding Bridgestone Corp to a well-diversified portfolio.
Bridgestone Corp Valuation on November 8, 2024
It is possible to determine the worth of Bridgestone Corp on a given historical date. On November 8, 2024 Bridgestone was worth 17.35 at the beginning of the trading date compared to the closed value of 17.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bridgestone Corp pink sheet. Still, in general, we apply an absolute valuation method to find Bridgestone Corp'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 Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bridgestone Corp's related companies.
Open | High | Low | Close | Volume | |
17.80 | 18.50 | 17.80 | 18.12 | 155,200 | |
11/08/2024 | 17.35 | 17.55 | 17.35 | 17.50 | 157,200 |
18.37 | 18.41 | 17.63 | 17.70 | 43,358 |
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Bridgestone Corp Trading Date Momentum on November 8, 2024
On November 11 2024 Bridgestone Corp ADR was traded for 17.70 at the closing time. The highest daily price throughout the period was 18.41 and the lowest price was 17.63 . The daily volume was 43.4 K. The net trading volume on 11/11/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 1.14% . The overall trading delta to current closing price is 3.60% . |
Bridgestone Corp ADR Fundamentals Correlations and Trends
By evaluating Bridgestone Corp'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 Corp'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 Corp Pink Sheet history
Bridgestone Corp 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 Corp ADR 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 Corp stock prices may prove useful in developing a viable investing in Bridgestone Corp
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 Corp Pink Sheet Technical Analysis
Bridgestone Corp 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 Corp Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Bridgestone Corp ADR 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 Corp December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Bridgestone Corp 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 Corp shares will generate the highest return on investment. By undertsting and applying Bridgestone Corp pink sheet market strength indicators, traders can identify Bridgestone Corp ADR entry and exit signals to maximize returns
Bridgestone Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bridgestone Corp'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 | (0.08) | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | (0.46) |
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Additional Tools for Bridgestone Pink Sheet Analysis
When running Bridgestone Corp's price analysis, check to measure Bridgestone Corp'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 Corp is operating at the current time. Most of Bridgestone Corp's value examination focuses on studying past and present price action to predict the probability of Bridgestone Corp'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 Corp's price. Additionally, you may evaluate how the addition of Bridgestone Corp to your portfolios can decrease your overall portfolio volatility.