BYD Co (China) Price on August 21, 2023

002594 Stock   277.11  5.39  1.91%   
If you're considering investing in BYD Stock, it is important to understand the factors that can impact its price. As of today, the current price of BYD Co stands at 277.11, as last reported on the 24th of January, with the highest price reaching 285.00 and the lowest price hitting 277.00 during the day. BYD Co secures Sharpe Ratio (or Efficiency) of -0.0817, which signifies that the company had a -0.0817 % return per unit of risk over the last 3 months. BYD Co Ltd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BYD Co's Mean Deviation of 1.19, risk adjusted performance of (0.07), and Standard Deviation of 1.69 to double-check the risk estimate we provide.
  
BYD Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0817

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns002594

Estimated Market Risk

 1.7
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average BYD Co 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 BYD Co by adding BYD Co to a well-diversified portfolio.

BYD Co Valuation on August 21, 2023

It is possible to determine the worth of BYD Co on a given historical date. On August 21, 2023 BYD was worth 236.89 at the beginning of the trading date compared to the closed value of 231.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BYD Co stock. Still, in general, we apply an absolute valuation method to find BYD Co'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 BYD Co where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BYD Co's related companies.
 Open High Low Close Volume
  242.58    242.58    237.08    237.37    9,846,650  
08/21/2023
  236.89    236.97    231.21    231.56    12,787,920  
  235.08    235.60    228.09    231.69    11,211,589  
Backtest BYD Co  |  BYD Co History  |  BYD Co Valuation   PreviousNext  
Open Value
236.89
231.80
Downside
231.56
Closing Value
241.98
Upside

BYD Co Trading Date Momentum on August 21, 2023

On August 22 2023 BYD Co Ltd was traded for  231.69  at the closing time. The highest price during the trading period was 235.60  and the lowest recorded bid was listed for  228.09 . The volume for the day was 11.2 M. This history from August 22, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 0.06% . The overall trading delta to the current price is 6.87% .

BYD Co Fundamentals Correlations and Trends

By evaluating BYD Co'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 BYD Co's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BYD financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About BYD Co Stock history

BYD Co 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 BYD is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BYD Co 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 BYD Co stock prices may prove useful in developing a viable investing in BYD Co

BYD Co Stock Technical Analysis

BYD Co 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.
A focus of BYD Co technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BYD Co trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

BYD Co Period Price Range

Low
January 24, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

BYD Co Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on Shenzhen Stock 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.

BYD Co January 24, 2025 Market Strength

Market strength indicators help investors to evaluate how BYD Co stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BYD Co shares will generate the highest return on investment. By undertsting and applying BYD Co stock market strength indicators, traders can identify BYD Co Ltd entry and exit signals to maximize returns

BYD Co Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for BYD Co's price direction in advance. Along with the technical and fundamental analysis of BYD Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BYD 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.

Complementary Tools for BYD Stock analysis

When running BYD Co's price analysis, check to measure BYD Co'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 BYD Co is operating at the current time. Most of BYD Co's value examination focuses on studying past and present price action to predict the probability of BYD Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BYD Co's price. Additionally, you may evaluate how the addition of BYD Co 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
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
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
Global Correlations
Find global opportunities by holding instruments from different markets
Transaction History
View history of all your transactions and understand their impact on performance
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges