Bidvest (South Africa) Price on July 12, 2024
| BVT Stock | 28,073 171.00 0.61% |
If you're considering investing in Bidvest Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bidvest stands at 28,073, as last reported on the 14th of December 2024, with the highest price reaching 28,313 and the lowest price hitting 27,740 during the day. At this point, Bidvest is very steady. Bidvest Group secures Sharpe Ratio (or Efficiency) of 0.0525, which signifies that the company had a 0.0525% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Bidvest Group, which you can use to evaluate the volatility of the firm. Please confirm Bidvest's risk adjusted performance of 0.0324, and Mean Deviation of 1.02 to double-check if the risk estimate we provide is consistent with the expected return of 0.0687%.
Bidvest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bidvest |
Sharpe Ratio = 0.0525
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | BVT | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Bidvest is performing at about 4% of its full potential. 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 Bidvest by adding it to a well-diversified portfolio.
Bidvest Valuation on July 12, 2024
It is possible to determine the worth of Bidvest on a given historical date. On July 12, 2024 Bidvest was worth 28079.89 at the beginning of the trading date compared to the closed value of 27232.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bidvest stock. Still, in general, we apply an absolute valuation method to find Bidvest'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 Bidvest where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bidvest's related companies.
| Open | High | Low | Close | Volume | |
| 27,818 | 27,971 | 27,761 | 27,858 | 767,678 | |
07/12/2024 | 28,080 | 28,080 | 27,232 | 27,232 | 836,439 |
| 27,103 | 27,481 | 27,039 | 27,390 | 1,482,909 |
| Backtest Bidvest | | | Bidvest History | | | Bidvest Valuation | Previous | Next |
Bidvest Trading Date Momentum on July 12, 2024
| On July 15 2024 Bidvest Group was traded for 27,390 at the closing time. The highest price during the trading period was 27,481 and the lowest recorded bid was listed for 27,039 . The volume for the day was 1.5 M. This history from July 15, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 0.58% . The overall trading delta to the current price is 2.74% . |
Bidvest Group Fundamentals Correlations and Trends
By evaluating Bidvest'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 Bidvest's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bidvest financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bidvest Stock history
Bidvest 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 Bidvest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bidvest Group 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 Bidvest stock prices may prove useful in developing a viable investing in Bidvest
Bidvest Stock Technical Analysis
Bidvest 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
Bidvest Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Bidvest Group cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Bidvest December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Bidvest stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bidvest shares will generate the highest return on investment. By undertsting and applying Bidvest stock market strength indicators, traders can identify Bidvest Group entry and exit signals to maximize returns
Bidvest Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bidvest's price direction in advance. Along with the technical and fundamental analysis of Bidvest Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bidvest 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 | 0.0324 | |||
| Jensen Alpha | 0.044 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.90) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Bidvest Stock analysis
When running Bidvest's price analysis, check to measure Bidvest'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 Bidvest is operating at the current time. Most of Bidvest's value examination focuses on studying past and present price action to predict the probability of Bidvest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bidvest's price. Additionally, you may evaluate how the addition of Bidvest to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Stocks Directory Find actively traded stocks across global markets | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |