Bergenbio ASA (Norway) Price on December 3, 2024

BGBIO Stock  NOK 1.75  0.07  4.17%   
If you're considering investing in Bergenbio Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bergenbio ASA stands at 1.75, as last reported on the 2nd of March, with the highest price reaching 1.81 and the lowest price hitting 1.52 during the day. Bergenbio ASA secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of risk over the last 3 months. Bergenbio ASA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bergenbio ASA's Mean Deviation of 4.68, risk adjusted performance of (0.07), and Standard Deviation of 11.71 to double-check the risk estimate we provide.
  
Bergenbio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1323

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Estimated Market Risk

 11.59
  actual daily
96
96% of assets are less volatile

Expected Return

 -1.53
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bergenbio ASA 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 Bergenbio ASA by adding Bergenbio ASA to a well-diversified portfolio.

Bergenbio ASA Valuation on December 3, 2024

It is possible to determine the worth of Bergenbio ASA on a given historical date. On December 3, 2024 Bergenbio was worth 10.56 at the beginning of the trading date compared to the closed value of 10.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bergenbio ASA stock. Still, in general, we apply an absolute valuation method to find Bergenbio ASA'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 Bergenbio ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bergenbio ASA's related companies.
 Open High Low Close Volume
  10.83    11.38    10.14    10.68    301,881  
12/03/2024
  10.56    10.65    9.90    10.20    295,703  
  10.20    10.97    10.00    10.50    190,854  
Backtest Bergenbio ASA  |  Bergenbio ASA History  |  Bergenbio ASA Valuation   PreviousNext  
Open Value
10.56
10.2
Closing Value
45.34
Upside

Bergenbio ASA Trading Date Momentum on December 3, 2024

On December 04 2024 Bergenbio ASA was traded for  10.50  at the closing time. The highest price during the trading period was 10.97  and the lowest recorded bid was listed for  10.00 . The volume for the day was 190.9 K. This history from December 4, 2024 contributed to the next trading day price boost. The overall trading delta to the next closing price was 2.94% . The overall trading delta to the current price is 11.76% .

Bergenbio ASA Fundamentals Correlations and Trends

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

About Bergenbio ASA Stock history

Bergenbio ASA 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 Bergenbio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bergenbio ASA 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 Bergenbio ASA stock prices may prove useful in developing a viable investing in Bergenbio ASA
BerGenBio ASA, a clinical-stage biopharmaceutical company, develops medicines to treat immune evasive, drug resistant, and metastatic cancers. The company was founded in 2007 and is headquartered in Bergen, Norway. BerGenBio ASA is traded on Oslo Stock Exchange in Norway.

Bergenbio ASA Stock Technical Analysis

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

Bergenbio ASA Period Price Range

Low
March 2, 2025
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High

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Bergenbio ASA cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo 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.

Bergenbio ASA March 2, 2025 Market Strength

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

Bergenbio ASA Technical and Predictive Indicators

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

Other Information on Investing in Bergenbio Stock

Bergenbio ASA financial ratios help investors to determine whether Bergenbio Stock 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 Bergenbio with respect to the benefits of owning Bergenbio ASA security.