Baker Hughes (Germany) Price on October 17, 2024

68V Stock  EUR 38.97  0.00  0.00%   
If you're considering investing in Baker Stock, it is important to understand the factors that can impact its price. As of today, the current price of Baker Hughes stands at 38.97, as last reported on the 29th of December, with the highest price reaching 38.97 and the lowest price hitting 38.97 during the day. Baker Hughes appears to be very steady, given 3 months investment horizon. Baker Hughes secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Baker Hughes Co, which you can use to evaluate the volatility of the firm. Please makes use of Baker Hughes' Risk Adjusted Performance of 0.1274, mean deviation of 1.48, and Downside Deviation of 1.47 to double-check if our risk estimates are consistent with your expectations.
  
Baker Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1759

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Estimated Market Risk

 1.99
  actual daily
17
83% of assets are more volatile

Expected Return

 0.35
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average Baker Hughes is performing at about 13% of its full potential. 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 Baker Hughes by adding it to a well-diversified portfolio.

Baker Hughes Valuation on October 17, 2024

It is possible to determine the worth of Baker Hughes on a given historical date. On October 17, 2024 Baker was worth 33.38 at the beginning of the trading date compared to the closed value of 33.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Baker Hughes stock. Still, in general, we apply an absolute valuation method to find Baker Hughes' 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 Baker Hughes where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Baker Hughes' related companies.
 Open High Low Close Volume
  32.93    33.10    32.93    33.10    993.00  
10/17/2024
  33.38    33.57    33.38    33.57    340.00  
  33.55    33.55    32.72    32.72    1,352  
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Open Value
33.38
33.57
Closing Value
39.35
Upside

Baker Hughes Trading Date Momentum on October 17, 2024

On October 18 2024 Baker Hughes Co was traded for  32.72  at the closing time. The highest daily price throughout the period was 33.55  and the lowest price was  32.72 . The daily volume was 1.4 K. The net trading volume on 10/18/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 2.53% . The overall trading delta to current closing price is 1.13% .

Baker Hughes Fundamentals Correlations and Trends

By evaluating Baker Hughes' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Baker Hughes' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Baker financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Baker Hughes Stock history

Baker Hughes 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 Baker is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Baker Hughes 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 Baker Hughes stock prices may prove useful in developing a viable investing in Baker Hughes
Baker Hughes Company provides a portfolio of technologies and services worldwide. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. BAKER HUGHES operates under Oil Gas Equipment Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 54000 people.

Baker Hughes Stock Technical Analysis

Baker Hughes 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 Baker Hughes technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Baker Hughes 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

Baker Hughes Period Price Range

Low
December 29, 2024
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High

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Baker Hughes Co cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Baker Hughes December 29, 2024 Market Strength

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

Baker Hughes Technical and Predictive Indicators

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

When running Baker Hughes' price analysis, check to measure Baker Hughes' 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 Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.
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