Believe SAS (France) Price on December 13, 2024
BLV Stock | 14.38 0.02 0.14% |
If you're considering investing in Believe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Believe SAS stands at 14.38, as last reported on the 15th of December 2024, with the highest price reaching 14.68 and the lowest price hitting 14.38 during the day. Believe SAS secures Sharpe Ratio (or Efficiency) of -0.0381, which signifies that the company had a -0.0381% return per unit of risk over the last 3 months. Believe SAS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Believe SAS's Mean Deviation of 0.9023, standard deviation of 1.42, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Believe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Believe |
Sharpe Ratio = -0.0381
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Estimated Market Risk
1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Believe SAS 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 Believe SAS by adding Believe SAS to a well-diversified portfolio.
Believe SAS Valuation on December 13, 2024
It is possible to determine the worth of Believe SAS on a given historical date. On December 13, 2024 Believe was worth 14.68 at the beginning of the trading date compared to the closed value of 14.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Believe SAS stock. Still, in general, we apply an absolute valuation method to find Believe SAS'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 Believe SAS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Believe SAS's related companies.
Open | High | Low | Close | Volume | |
14.36 | 14.68 | 14.34 | 14.38 | 477.00 | |
12/13/2024 | 14.68 | 14.68 | 14.38 | 14.38 | 710.00 |
14.68 | 14.68 | 14.38 | 14.38 | 0.00 |
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Believe SAS Trading Date Momentum on December 13, 2024
On December 15 2024 Believe SAS was traded for 14.38 at the closing time. The maximum traded price for the trading interval was 14.68 and the lowest daily price was 14.38 . There was no trading activity during the period 0.0. Lack of trading volume on 15th of December 2024 did not affect price variability. The overall trading delta to the closing price today is 2.09% . |
Believe SAS Fundamentals Correlations and Trends
By evaluating Believe SAS'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 Believe SAS's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Believe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Believe SAS Stock history
Believe SAS 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 Believe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Believe SAS 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 Believe SAS stock prices may prove useful in developing a viable investing in Believe SAS
Believe SAS Stock Technical Analysis
Believe SAS 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
Believe SAS Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Believe SAS 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.
Believe SAS December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Believe SAS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Believe SAS shares will generate the highest return on investment. By undertsting and applying Believe SAS stock market strength indicators, traders can identify Believe SAS entry and exit signals to maximize returns
Believe SAS Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Believe SAS's price direction in advance. Along with the technical and fundamental analysis of Believe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Believe 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 | (0.01) | |||
Jensen Alpha | (0) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | 0.0966 |
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Volume Indicators |
Complementary Tools for Believe Stock analysis
When running Believe SAS's price analysis, check to measure Believe SAS'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 Believe SAS is operating at the current time. Most of Believe SAS's value examination focuses on studying past and present price action to predict the probability of Believe SAS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Believe SAS's price. Additionally, you may evaluate how the addition of Believe SAS to your portfolios can decrease your overall portfolio volatility.
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