Bynordic Acquisition Corp Stock Price on November 11, 2024
| BYNO Stock | USD 11.44 0.02 0.18% |
If you're considering investing in Bynordic Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bynordic Acquisition stands at 11.44, as last reported on the 5th of January, with the highest price reaching 11.44 and the lowest price hitting 11.44 during the day. As of now, Bynordic Stock is very steady. Bynordic Acquisition Corp secures Sharpe Ratio (or Efficiency) of 0.0435, which signifies that the company had a 0.0435% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Bynordic Acquisition Corp, which you can use to evaluate the volatility of the firm. Please confirm Bynordic Acquisition's Mean Deviation of 0.0595, downside deviation of 0.2315, and Risk Adjusted Performance of (0.02) to double-check if the risk estimate we provide is consistent with the expected return of 0.0056%.
At this time, Bynordic Acquisition's Total Stockholder Equity is very stable compared to the past year. As of the 5th of January 2025, Common Stock Shares Outstanding is likely to grow to about 17.2 M, while Other Stockholder Equity is likely to drop 80.37. . At this time, Bynordic Acquisition's Price Earnings Ratio is very stable compared to the past year. As of the 5th of January 2025, Price Book Value Ratio is likely to grow to 6.70, while Price Earnings To Growth Ratio is likely to drop 0.28. Bynordic Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bynordic |
Sharpe Ratio = 0.0435
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| Negative Returns | BYNO |
Estimated Market Risk
| 0.13 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Bynordic Acquisition is performing at about 3% 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 Bynordic Acquisition by adding it to a well-diversified portfolio.
Bynordic Acquisition Valuation on November 11, 2024
It is possible to determine the worth of Bynordic Acquisition on a given historical date. On November 11, 2024 Bynordic was worth 11.43 at the beginning of the trading date compared to the closed value of 11.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bynordic Acquisition stock. Still, in general, we apply an absolute valuation method to find Bynordic Acquisition'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 Bynordic Acquisition where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bynordic Acquisition's related companies.
| Open | High | Low | Close | Volume | |
| 11.43 | 11.43 | 11.43 | 11.43 | 138.00 | |
11/11/2024 | 11.43 | 11.43 | 11.39 | 11.39 | 1,317 |
| 11.40 | 11.44 | 11.40 | 11.43 | 124,209 |
| Backtest Bynordic Acquisition | | | Bynordic Acquisition History | | | Bynordic Acquisition Valuation | Previous | Next |
Bynordic Acquisition Trading Date Momentum on November 11, 2024
| On November 12 2024 Bynordic Acquisition Corp was traded for 11.43 at the closing time. The top price for the day was 11.44 and the lowest listed price was 11.40 . The trading volume for the day was 124.2 K. The trading history from November 12, 2024 was a factor to the next trading day price boost. The overall trading delta against the next closing price was 0.35% . The overall trading delta against the current closing price is 0.35% . |
Bynordic Acquisition Corp Fundamentals Correlations and Trends
By evaluating Bynordic Acquisition'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 Bynordic Acquisition's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bynordic financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bynordic Acquisition Stock history
Bynordic Acquisition 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 Bynordic is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bynordic Acquisition Corp 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 Bynordic Acquisition stock prices may prove useful in developing a viable investing in Bynordic Acquisition
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 16.9 M | 17.2 M | |
| Net Income Applicable To Common Shares | 1.3 M | 1.4 M |
Bynordic Acquisition Stock Technical Analysis
Bynordic Acquisition 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
Bynordic Acquisition Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Bynordic Acquisition Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Bynordic Acquisition January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Bynordic Acquisition stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bynordic Acquisition shares will generate the highest return on investment. By undertsting and applying Bynordic Acquisition stock market strength indicators, traders can identify Bynordic Acquisition Corp entry and exit signals to maximize returns
Bynordic Acquisition Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bynordic Acquisition's price direction in advance. Along with the technical and fundamental analysis of Bynordic Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bynordic 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 | (0.02) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.2796 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bynordic Acquisition Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Bynordic Stock, please use our How to Invest in Bynordic Acquisition guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bynordic Acquisition. If investors know Bynordic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bynordic Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bynordic Acquisition Corp is measured differently than its book value, which is the value of Bynordic that is recorded on the company's balance sheet. Investors also form their own opinion of Bynordic Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Bynordic Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bynordic Acquisition's market value can be influenced by many factors that don't directly affect Bynordic Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bynordic Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bynordic Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bynordic Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.