Bristol Myers Squibb Stock Performance
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and BRISTOL MYERS are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days BRISTOL MYERS SQUIBB has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable essential indicators, BRISTOL MYERS is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
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BRISTOL MYERS Relative Risk vs. Return Landscape
If you would invest (100.00) in BRISTOL MYERS SQUIBB on September 27, 2024 and sell it today you would earn a total of 100.00 from holding BRISTOL MYERS SQUIBB or generate -100.0% return on investment over 90 days. BRISTOL MYERS SQUIBB is producing return of less than zero assuming 0.0% volatility of returns over the 90 days investment horizon. Simply put, 0% of all stocks have less volatile historical return distribution than BRISTOL MYERS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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BRISTOL MYERS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for BRISTOL MYERS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as BRISTOL MYERS SQUIBB, and traders can use it to determine the average amount a BRISTOL MYERS's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average BRISTOL MYERS 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 BRISTOL MYERS by adding BRISTOL MYERS to a well-diversified portfolio.
Things to note about BRISTOL MYERS SQUIBB performance evaluation
Checking the ongoing alerts about BRISTOL MYERS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for BRISTOL MYERS SQUIBB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| BRISTOL MYERS SQUIBB is not yet fully synchronised with the market data | |
| BRISTOL MYERS SQUIBB has some characteristics of a very speculative penny stock |
- Analyzing BRISTOL MYERS's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether BRISTOL MYERS's stock is overvalued or undervalued compared to its peers.
- Examining BRISTOL MYERS's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating BRISTOL MYERS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of BRISTOL MYERS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of BRISTOL MYERS's stock. These opinions can provide insight into BRISTOL MYERS's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Other Tools for BRISTOL Stock
When running BRISTOL MYERS's price analysis, check to measure BRISTOL MYERS'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 BRISTOL MYERS is operating at the current time. Most of BRISTOL MYERS's value examination focuses on studying past and present price action to predict the probability of BRISTOL MYERS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRISTOL MYERS's price. Additionally, you may evaluate how the addition of BRISTOL MYERS to your portfolios can decrease your overall portfolio volatility.
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