Beam Global Stock Price on December 3, 2024
BEEM Stock | USD 2.88 0.14 4.64% |
Below is the normalized historical share price chart for Beam Global extending back to May 03, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Beam Global stands at 2.88, as last reported on the 11th of December 2024, with the highest price reaching 3.02 and the lowest price hitting 2.83 during the day.
If you're considering investing in Beam Stock, it is important to understand the factors that can impact its price. Beam Global secures Sharpe Ratio (or Efficiency) of -0.27, which signifies that the company had a -0.27% return per unit of standard deviation over the last 3 months. Beam Global exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beam Global's mean deviation of 2.63, and Risk Adjusted Performance of (0.16) to double-check the risk estimate we provide.
At this time, Beam Global's Issuance Of Capital Stock is very stable compared to the past year. . As of the 11th of December 2024, Price To Sales Ratio is likely to drop to 1.23. In addition to that, Price Earnings Ratio is likely to drop to -5.72. Beam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of April 2010 | 200 Day MA 5.5682 | 50 Day MA 4.4965 | Beta 1.565 |
Beam |
Sharpe Ratio = -0.2717
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Estimated Market Risk
3.31 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.9 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.27 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Beam Global 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 Beam Global by adding Beam Global to a well-diversified portfolio.
Price Book 0.9261 | Enterprise Value Ebitda (4.57) | Price Sales 0.6772 | Shares Float 13.4 M | Wall Street Target Price 8.4 |
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Beam Global Valuation on December 3, 2024
It is possible to determine the worth of Beam Global on a given historical date. On December 3, 2024 Beam was worth 3.57 at the beginning of the trading date compared to the closed value of 3.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beam Global stock. Still, in general, we apply an absolute valuation method to find Beam Global'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 Beam Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beam Global's related companies.
Open | High | Low | Close | Volume | |
3.83 | 3.86 | 3.56 | 3.59 | 232,493 | |
12/03/2024 | 3.57 | 3.63 | 3.27 | 3.30 | 341,244 |
3.31 | 3.40 | 3.18 | 3.30 | 274,985 |
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Beam Global Trading Date Momentum on December 3, 2024
On December 04 2024 Beam Global was traded for 3.30 at the closing time. The top price for the day was 3.40 and the lowest listed price was 3.18 . The trading volume for the day was 275 K. The trading history from December 4, 2024 did not affect price variability. The overall trading delta against the current closing price is 8.48% . |
Beam Global Fundamentals Correlations and Trends
By evaluating Beam Global'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 Beam Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Beam financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Beam Global Stock history
Beam Global 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 Beam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beam Global 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 Beam Global stock prices may prove useful in developing a viable investing in Beam Global
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 12.3 M | 13 M | |
Net Loss | -17.7 M | -16.8 M |
Beam Global Quarterly Net Working Capital |
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Beam Global Stock Technical Analysis
Beam Global 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
Beam Global Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Beam Global 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.
Beam Global December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Beam Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beam Global shares will generate the highest return on investment. By undertsting and applying Beam Global stock market strength indicators, traders can identify Beam Global entry and exit signals to maximize returns
Beam Global Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beam Global's price direction in advance. Along with the technical and fundamental analysis of Beam Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beam 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 | (0.16) | |||
Jensen Alpha | (0.86) | |||
Total Risk Alpha | (1.29) | |||
Treynor Ratio | (0.94) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beam Global. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Beam Stock, please use our How to Invest in Beam Global guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Beam Global. If investors know Beam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Beam Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.97) | Revenue Per Share 4.612 | Quarterly Revenue Growth (0.17) | Return On Assets (0.14) | Return On Equity (0.34) |
The market value of Beam Global is measured differently than its book value, which is the value of Beam that is recorded on the company's balance sheet. Investors also form their own opinion of Beam Global's value that differs from its market value or its book value, called intrinsic value, which is Beam Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Beam Global's market value can be influenced by many factors that don't directly affect Beam Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Beam Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beam Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beam Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.