BIOGEN INC 405 Price on January 3, 2024
| 09062XAF0 | 99.61 0.29 0.29% |
If you're considering investing in BIOGEN Bond, it is important to understand the factors that can impact its price. As of today, the current price of BIOGEN stands at 99.61, as last reported on the 12th of December 2024, with the highest price reaching 99.61 and the lowest price hitting 99.61 during the day. BIOGEN INC 405 secures Sharpe Ratio (or Efficiency) of -0.0858, which signifies that the bond had a -0.0858% return per unit of risk over the last 3 months. BIOGEN INC 405 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BIOGEN's mean deviation of 0.2854, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
BIOGEN Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
BIOGEN |
Sharpe Ratio = -0.0858
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| Negative Returns | 09062XAF0 |
Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BIOGEN 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 BIOGEN by adding BIOGEN to a well-diversified portfolio.
Related Headline
Origin Materials Headline on 3rd of January 2024
Acquisition by Rogerson Craig A of 19433 shares of Origin Ma... by Rogerson Craig A
Filed transaction by Origin Materials Inc director. Grant, award or other acquisition pursuant to Rule 16b-3(d)
BIOGEN Valuation on January 3, 2024
It is possible to determine the worth of BIOGEN on a given historical date. On January 3, 2024 BIOGEN was worth 98.19 at the beginning of the trading date compared to the closed value of 98.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BIOGEN bond. Still, in general, we apply an absolute valuation method to find BIOGEN'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 BIOGEN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BIOGEN's related companies.
| Open | High | Low | Close | Volume | |
| 98.24 | 98.24 | 98.24 | 98.24 | 1.00 | |
01/03/2024 | 98.19 | 98.19 | 98.19 | 98.19 | 1.00 |
| 98.15 | 98.15 | 98.15 | 98.15 | 1.00 |
| Backtest BIOGEN | | | BIOGEN History | | | BIOGEN Valuation | Previous | Next |
BIOGEN Trading Date Momentum on January 3, 2024
| On January 04 2024 BIOGEN INC 405 was traded for 98.15 at the closing time. The highest price during the trading period was 98.15 and the lowest recorded bid was listed for 98.15 . There was no trading activity during the period 1.0. Lack of trading volume on January 4, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.04% . The overall trading delta to the current price is 0.01% . |
About BIOGEN Bond history
BIOGEN 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 BIOGEN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BIOGEN INC 405 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 BIOGEN stock prices may prove useful in developing a viable investing in BIOGEN
BIOGEN Bond Technical Analysis
BIOGEN technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
BIOGEN Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
BIOGEN INC 405 cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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.
BIOGEN December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how BIOGEN bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BIOGEN shares will generate the highest return on investment. By undertsting and applying BIOGEN bond market strength indicators, traders can identify BIOGEN INC 405 entry and exit signals to maximize returns
BIOGEN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BIOGEN's price direction in advance. Along with the technical and fundamental analysis of BIOGEN Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of BIOGEN 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 | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.29) |
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Other Information on Investing in BIOGEN Bond
BIOGEN financial ratios help investors to determine whether BIOGEN Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BIOGEN with respect to the benefits of owning BIOGEN security.