Bridgestone (Germany) Price on October 15, 2024

BGTA Stock  EUR 15.50  0.10  0.64%   
If you're considering investing in Bridgestone Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bridgestone stands at 15.50, as last reported on the 22nd of December, with the highest price reaching 15.50 and the lowest price hitting 15.50 during the day. Bridgestone secures Sharpe Ratio (or Efficiency) of -0.0846, which signifies that the company had a -0.0846% return per unit of risk over the last 3 months. Bridgestone exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bridgestone's Risk Adjusted Performance of (0.08), standard deviation of 1.17, and Mean Deviation of 0.9238 to double-check the risk estimate we provide.
  
Bridgestone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0846

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Estimated Market Risk

 1.15
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.1
  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 Bridgestone 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 Bridgestone by adding Bridgestone to a well-diversified portfolio.

Bridgestone Valuation on October 15, 2024

It is possible to determine the worth of Bridgestone on a given historical date. On October 15, 2024 Bridgestone was worth 16.6 at the beginning of the trading date compared to the closed value of 16.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bridgestone stock. Still, in general, we apply an absolute valuation method to find Bridgestone'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 Bridgestone where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bridgestone's related companies.
 Open High Low Close Volume
  18.80    18.80    17.00    17.00    12.00  
10/15/2024
  16.60    16.60    16.60    16.60    12.00  
  16.50    16.50    16.50    16.50    12.00  
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Open Value
16.6
16.6
Closing Value
20.05
Upside

Bridgestone Trading Date Momentum on October 15, 2024

On October 16 2024 Bridgestone was traded for  16.50  at the closing time. The maximum traded price for the trading interval was 16.50  and the lowest daily price was  16.50 . The daily volume was recorded at 12.0. The volume of trading on 16th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.60% . The overall trading delta to the closing price today is 3.01% .

Bridgestone Fundamentals Correlations and Trends

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

About Bridgestone Stock history

Bridgestone 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 Bridgestone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bridgestone 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 Bridgestone stock prices may prove useful in developing a viable investing in Bridgestone
Bridgestone Corporation, together with its subsidiaries, manufactures and sells tires and rubber products. The company was founded in 1931 and is headquartered in Tokyo, Japan. BRIDGESTONE ADR operates under Auto Parts classification in Germany and is traded on Frankfurt Stock Exchange. It employs 138036 people.

Bridgestone Stock Technical Analysis

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

Bridgestone Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bridgestone 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.

Bridgestone December 22, 2024 Market Strength

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

Bridgestone Technical and Predictive Indicators

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

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