Bytes Technology (South Africa) Price History

BYI Stock   10,469  10.00  0.1%   
If you're considering investing in Bytes Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bytes Technology stands at 10,469, as last reported on the 11th of December 2024, with the highest price reaching 10,496 and the lowest price hitting 10,377 during the day. At this point, Bytes Technology is very steady. Bytes Technology secures Sharpe Ratio (or Efficiency) of 0.0083, which signifies that the company had a 0.0083% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Bytes Technology, which you can use to evaluate the volatility of the firm. Please confirm Bytes Technology's Mean Deviation of 1.54, risk adjusted performance of 0.0065, and Standard Deviation of 2.32 to double-check if the risk estimate we provide is consistent with the expected return of 0.0194%.
  
Bytes Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0083

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Estimated Market Risk

 2.33
  actual daily
20
80% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bytes Technology 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 Bytes Technology by adding Bytes Technology to a well-diversified portfolio.

Bytes Technology Stock Price History Chart

There are several ways to analyze Bytes Stock price data. The simplest method is using a basic Bytes candlestick price chart, which shows Bytes Technology price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 26, 202412183.36
Lowest PriceNovember 20, 20249900.0

Bytes Technology December 11, 2024 Stock Price Synopsis

Various analyses of Bytes Technology's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Bytes Stock. It can be used to describe the percentage change in the price of Bytes Technology from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Bytes Stock.
Bytes Technology Price Daily Balance Of Power(0.08)
Bytes Technology Price Action Indicator 27.50 
Bytes Technology Market Facilitation Index 0.01 
Bytes Technology Accumulation Distribution 220.91 
Bytes Technology Price Rate Of Daily Change 1.00 

Bytes Technology December 11, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Bytes Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Bytes Technology intraday prices and daily technical indicators to check the level of noise trading in Bytes Stock and then apply it to test your longer-term investment strategies against Bytes.

Bytes Stock Price History Data

The price series of Bytes Technology for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 has a statistical range of 2283.36 with a coefficient of variation of 5.37. The prices are distributed with arithmetic mean of 10878.21. The median price for the last 90 days is 10700.0. The company issued dividends on 2022-11-16.
OpenHighLowCloseVolume
12/10/2024 10,475  10,496  10,377  10,469  19,485 
12/09/2024 10,815  10,815  10,479  10,479  31,139 
12/06/2024 10,201  10,768  10,201  10,640  19,753 
12/05/2024 10,207  10,690  10,207  10,664  27,952 
12/04/2024 10,602  10,697  10,101  10,644  13,515 
12/03/2024 10,261  10,605  10,261  10,605  53,790 
12/02/2024 10,604  10,604  10,300  10,500  123,271 
11/29/2024 10,426  10,454  10,366  10,440  21,567 
11/28/2024 10,596  10,604  10,380  10,399  11,647 
11/27/2024 10,024  10,517  10,024  10,350  26,801 
11/26/2024 10,329  10,500  9,953  10,341  21,630 
11/25/2024 10,400  10,400  10,244  10,359  10,454 
11/22/2024 10,378  10,381  10,001  10,314  261,438 
11/21/2024 9,900  10,250  9,900  10,104  18,115 
11/20/2024 10,051  10,604  9,900  9,900  30,012 
11/19/2024 10,100  10,511  10,003  10,069  14,930 
11/18/2024 10,201  10,413  10,117  10,117  15,127 
11/15/2024 10,723  10,723  10,260  10,346  10,740 
11/14/2024 10,888  10,888  10,603  10,723  7,525 
11/13/2024 10,413  10,758  10,413  10,599  96,397 
11/12/2024 10,500  10,770  10,400  10,700  84,495 
11/11/2024 9,901  10,589  9,901  10,543  6,024 
11/08/2024 10,300  10,457  10,254  10,328  27,965 
11/07/2024 10,101  10,245  9,948  10,227  30,063 
11/06/2024 10,215  10,599  10,142  10,148  65,564 
11/05/2024 10,693  10,693  10,293  10,365  31,592 
11/04/2024 10,237  10,704  10,237  10,391  17,204 
11/01/2024 10,756  10,756  10,289  10,426  81,156 
10/31/2024 10,797  10,970  10,237  10,259  38,212 
10/30/2024 10,776  10,907  10,566  10,841  36,622 
10/29/2024 11,097  11,363  10,661  10,785  39,283 
10/28/2024 11,282  11,294  10,798  11,026  64,494 
10/25/2024 10,998  11,320  10,905  10,977  10,651 
10/24/2024 11,121  11,518  11,121  11,442  65,967 
10/23/2024 10,897  11,141  10,897  11,123  29,209 
10/22/2024 11,063  11,063  10,737  10,930  62,253 
10/21/2024 11,340  11,340  10,797  10,927  35,549 
10/18/2024 11,470  11,470  10,943  10,943  25,767 
10/17/2024 11,494  11,494  11,150  11,162  19,774 
10/16/2024 10,897  11,469  10,897  11,325  269,932 
10/15/2024 11,322  11,322  10,499  11,013  818,765 
10/14/2024 11,144  11,358  11,097  11,250  330,175 
10/11/2024 11,334  11,334  10,802  11,120  480,812 
10/10/2024 11,690  11,782  10,736  10,811  560,580 
10/09/2024 12,037  12,037  11,708  11,761  25,995 
10/08/2024 11,865  11,865  11,459  11,611  33,215 
10/07/2024 11,603  11,674  11,427  11,613  29,932 
10/04/2024 11,692  11,839  11,583  11,583  26,480 
10/03/2024 11,618  12,004  11,507  11,797  7,761 
10/02/2024 12,017  12,244  11,666  11,835  28,683 
10/01/2024 12,275  12,275  11,708  11,708  27,976 
09/30/2024 11,820  12,281  11,735  11,875  8,327 
09/27/2024 12,033  12,118  11,884  12,010  17,778 
09/26/2024 11,899  12,236  11,805  12,183  49,265 
09/25/2024 11,765  12,276  11,597  11,708  33,565 
09/23/2024 11,636  12,006  11,636  11,887  52,945 
09/20/2024 12,071  12,273  11,842  11,842  451,998 
09/19/2024 11,203  12,010  10,997  12,010  55,659 
09/18/2024 11,021  11,168  10,920  10,966  172,226 
09/17/2024 10,600  11,020  10,599  10,926  23,910 
09/16/2024 10,616  10,780  10,599  10,692  28,719 

About Bytes Technology Stock history

Bytes Technology 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 Bytes is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bytes Technology 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 Bytes Technology stock prices may prove useful in developing a viable investing in Bytes Technology

Bytes Technology Stock Technical Analysis

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

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Bytes Technology Technical and Predictive Indicators

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

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