BLUELINX HLDGS (Germany) Price on May 22, 2024

FZG1 Stock  EUR 116.00  1.00  0.87%   
If you're considering investing in BLUELINX Stock, it is important to understand the factors that can impact its price. As of today, the current price of BLUELINX HLDGS stands at 116.00, as last reported on the 17th of December 2024, with the highest price reaching 116.00 and the lowest price hitting 116.00 during the day. BLUELINX HLDGS appears to be very steady, given 3 months investment horizon. BLUELINX HLDGS DL secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for BLUELINX HLDGS DL 01, which you can use to evaluate the volatility of the firm. Please makes use of BLUELINX HLDGS's mean deviation of 2.0, and Risk Adjusted Performance of 0.1202 to double-check if our risk estimates are consistent with your expectations.
  
BLUELINX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1229

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Estimated Market Risk

 3.03
  actual daily
26
74% of assets are more volatile

Expected Return

 0.37
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average BLUELINX HLDGS is performing at about 9% 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 BLUELINX HLDGS by adding it to a well-diversified portfolio.

BLUELINX HLDGS Valuation on May 22, 2024

It is possible to determine the worth of BLUELINX HLDGS on a given historical date. On May 22, 2024 BLUELINX was worth 94.0 at the beginning of the trading date compared to the closed value of 94.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BLUELINX HLDGS stock. Still, in general, we apply an absolute valuation method to find BLUELINX HLDGS'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 BLUELINX HLDGS where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BLUELINX HLDGS's related companies.
 Open High Low Close Volume
  92.50    92.50    92.50    92.50    10.00  
05/22/2024
  94.00    94.00    94.00    94.00    10.00  
  94.00    94.00    94.00    94.00    10.00  
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Open Value
94.0
94.0
Closing Value
103.09
Upside

BLUELINX HLDGS Trading Date Momentum on May 22, 2024

On May 23 2024 BLUELINX HLDGS DL 01 was traded for  94.00  at the closing time. The maximum traded price for the trading interval was 94.00  and the lowest daily price was  94.00 . The daily volume was recorded at 10.0. The volume of trading on 23rd of May 2024 did not affect price variability. The overall trading delta to the closing price today is 0.53% .

BLUELINX HLDGS DL Fundamentals Correlations and Trends

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

About BLUELINX HLDGS Stock history

BLUELINX HLDGS 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 BLUELINX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BLUELINX HLDGS DL 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 BLUELINX HLDGS stock prices may prove useful in developing a viable investing in BLUELINX HLDGS
BlueLinx Holdings Inc., together with its subsidiaries, distributes residential and commercial building products in the United States. It serves dealers, specialty distributors, national home centers, and manufactured housing customers through a network of distribution centers. BLUELINX HLDGS operates under Building Products Equipment classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2079 people.

BLUELINX HLDGS Stock Technical Analysis

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

BLUELINX HLDGS Period Price Range

Low
December 17, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

BLUELINX HLDGS DL 01 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.

BLUELINX HLDGS December 17, 2024 Market Strength

Market strength indicators help investors to evaluate how BLUELINX HLDGS stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BLUELINX HLDGS shares will generate the highest return on investment. By undertsting and applying BLUELINX HLDGS stock market strength indicators, traders can identify BLUELINX HLDGS DL 01 entry and exit signals to maximize returns

BLUELINX HLDGS Technical and Predictive Indicators

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

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