Biomerieux (France) Price on September 23, 2024
BIM Stock | EUR 98.85 0.20 0.20% |
If you're considering investing in Biomerieux Stock, it is important to understand the factors that can impact its price. As of today, the current price of Biomerieux stands at 98.85, as last reported on the 2nd of December, with the highest price reaching 98.90 and the lowest price hitting 98.15 during the day. Biomerieux SA secures Sharpe Ratio (or Efficiency) of -0.0319, which signifies that the company had a -0.0319% return per unit of risk over the last 3 months. Biomerieux SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Biomerieux's Mean Deviation of 0.971, standard deviation of 1.38, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
Biomerieux Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Biomerieux |
Sharpe Ratio = -0.0319
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Estimated Market Risk
1.37 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Biomerieux 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 Biomerieux by adding Biomerieux to a well-diversified portfolio.
Biomerieux Valuation on September 23, 2024
It is possible to determine the worth of Biomerieux on a given historical date. On September 23, 2024 Biomerieux was worth 106.4 at the beginning of the trading date compared to the closed value of 108.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biomerieux stock. Still, in general, we apply an absolute valuation method to find Biomerieux'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 Biomerieux where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biomerieux's related companies.
Open | High | Low | Close | Volume | |
108.00 | 108.40 | 106.40 | 106.40 | 330,511 | |
09/23/2024 | 106.40 | 108.90 | 106.20 | 108.90 | 157,852 |
109.20 | 109.80 | 107.90 | 107.90 | 111,107 |
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Biomerieux Trading Date Momentum on September 23, 2024
On September 24 2024 Biomerieux SA was traded for 107.90 at the closing time. The maximum traded price for the trading interval was 109.80 and the lowest daily price was 107.90 . The daily volume was recorded at 111.1 K. The volume of trading on 24th of September 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.92% . The overall trading delta to the closing price today is 0.55% . |
Biomerieux SA Fundamentals Correlations and Trends
By evaluating Biomerieux'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 Biomerieux's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Biomerieux financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Biomerieux Stock history
Biomerieux 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 Biomerieux is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biomerieux SA 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 Biomerieux stock prices may prove useful in developing a viable investing in Biomerieux
bioMrieux S.A. provides vitro diagnostic solutions systems for private and hospital laboratories, primarily for the diagnosis of infectious diseases. The company was formerly known as B-D Mrieux. bioMrieux S.A. was founded in 1963 and is based in Marcy lEtoile, France. bioMrieux S.A. is a subsidiary of Institut Mrieux SA. BIOMERIEUX operates under Diagnostics Research classification in France and is traded on Paris Stock Exchange. It employs 11200 people.
Biomerieux Stock Technical Analysis
Biomerieux 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
Biomerieux Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Biomerieux SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Biomerieux December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Biomerieux stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biomerieux shares will generate the highest return on investment. By undertsting and applying Biomerieux stock market strength indicators, traders can identify Biomerieux SA entry and exit signals to maximize returns
Biomerieux Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Biomerieux's price direction in advance. Along with the technical and fundamental analysis of Biomerieux Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biomerieux 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 | (0.07) | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | 0.6408 |
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Complementary Tools for Biomerieux Stock analysis
When running Biomerieux's price analysis, check to measure Biomerieux'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 Biomerieux is operating at the current time. Most of Biomerieux's value examination focuses on studying past and present price action to predict the probability of Biomerieux's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biomerieux's price. Additionally, you may evaluate how the addition of Biomerieux to your portfolios can decrease your overall portfolio volatility.
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