Balchem Stock Price on December 17, 2024
BCPC Stock | USD 165.16 1.80 1.08% |
If you're considering investing in Balchem Stock, it is important to understand the factors that can impact its price. As of today, the current price of Balchem stands at 165.16, as last reported on the 28th of December, with the highest price reaching 167.47 and the lowest price hitting 163.16 during the day. Balchem secures Sharpe Ratio (or Efficiency) of -0.0597, which signifies that the company had a -0.0597% return per unit of risk over the last 3 months. Balchem exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Balchem's Standard Deviation of 1.39, risk adjusted performance of (0.04), and Mean Deviation of 1.02 to double-check the risk estimate we provide.
Balchem Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Balchem |
Sharpe Ratio = -0.0597
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Estimated Market Risk
1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Balchem 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 Balchem by adding Balchem to a well-diversified portfolio.
Related Headline
Axalta Coating Headline on 17th of December 2024
Geode Capital Management LLC Acquires 31,894 Shares of Axalt... by thelincolnianonline.com
Geode Capital Management LLC raised its stake in shares of Axalta Coating Systems Ltd. by 0.9 percent during the 3rd quarter, Holdings Channel.com reports. The fund owned 3,669,190 shares of the specialty chemicals companys stock after purchasing an additional 31,894 shares during the quarter. Geode Capital Management LLCs holdings in Axalta Coating
Balchem Valuation on December 17, 2024
It is possible to determine the worth of Balchem on a given historical date. On December 17, 2024 Balchem was worth 173.87 at the beginning of the trading date compared to the closed value of 171.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Balchem stock. Still, in general, we apply an absolute valuation method to find Balchem'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 Balchem where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Balchem's related companies.
Open | High | Low | Close | Volume | |
174.54 | 175.85 | 174.29 | 175.36 | 100,938 | |
12/17/2024 | 173.87 | 174.07 | 170.61 | 171.45 | 349,333 |
171.97 | 172.85 | 165.06 | 165.66 | 148,229 |
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Balchem Trading Date Momentum on December 17, 2024
On December 18 2024 Balchem was traded for 165.66 at the closing time. The top price for the day was 172.85 and the lowest listed price was 165.06 . The trading volume for the day was 148.2 K. The trading history from December 18, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.38% . The overall trading delta against the current closing price is 3.34% . |
Balchem Fundamentals Correlations and Trends
By evaluating Balchem'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 Balchem's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Balchem financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Balchem Stock history
Balchem 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 Balchem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Balchem 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 Balchem stock prices may prove useful in developing a viable investing in Balchem
Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the nutritional, food, pharmaceutical, animal health, medical device sterilization, plant nutrition, and industrial markets in the United States and internationally. Balchem Corporation was incorporated in 1967 and is headquartered in New Hampton, New York. Balchem Cp operates under Specialty Chemicals classification in the United States and is traded on NASDAQ Exchange. It employs 1382 people.
Balchem Stock Technical Analysis
Balchem 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.
Price Boundaries
Balchem Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Balchem cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Balchem December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Balchem stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Balchem shares will generate the highest return on investment. By undertsting and applying Balchem stock market strength indicators, traders can identify Balchem entry and exit signals to maximize returns
Balchem Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Balchem's price direction in advance. Along with the technical and fundamental analysis of Balchem Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Balchem 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 | (0.04) | |||
Jensen Alpha | (0.1) | |||
Total Risk Alpha | (0.13) | |||
Treynor Ratio | (0.43) |
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Complementary Tools for Balchem Stock analysis
When running Balchem's price analysis, check to measure Balchem'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 Balchem is operating at the current time. Most of Balchem's value examination focuses on studying past and present price action to predict the probability of Balchem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Balchem's price. Additionally, you may evaluate how the addition of Balchem to your portfolios can decrease your overall portfolio volatility.
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