Beam Global Stock Price on November 10, 2021

BEEM Stock  USD 6.80  0.12  1.73%   
Below is the normalized historical share price chart for Beam Global extending back to April 30, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Beam Global stands at 6.80, as last reported on the 29th of March, with the highest price reaching 6.99 and the lowest price hitting 6.80 during the day.
IPO Date
30th of April 2010
200 Day MA
7.7024
50 Day MA
6.957
Beta
1.509
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Beam Stock, it is important to understand the factors that can impact its price. We consider Beam Global somewhat reliable. Beam Global secures Sharpe Ratio (or Efficiency) of 0.0284, which signifies that the company had a 0.0284% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Beam Global, which you can use to evaluate the volatility of the firm. Please confirm Beam Global's risk adjusted performance of 0.013, and Mean Deviation of 3.29 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
  
At this time, Beam Global's Total Stockholder Equity is very stable compared to the past year. As of the 29th of March 2024, Common Stock Shares Outstanding is likely to grow to about 12 M, while Common Stock is likely to drop about 10.9 K. . As of the 29th of March 2024, Price Earnings Ratio is likely to drop to -8.3. In addition to that, Price To Sales Ratio is likely to drop to 6.72. Beam Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0284

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Estimated Market Risk

 4.14
  actual daily
36
64% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Beam Global is performing at about 2% 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 Beam Global by adding it to a well-diversified portfolio.
Price Book
1.9609
Enterprise Value Ebitda
(4.89)
Price Sales
1.7863
Shares Float
12.2 M
Wall Street Target Price
21.8

Beam Global Valuation on November 10, 2021

It is possible to determine the worth of Beam Global on a given historical date. On November 10, 2021 Beam was worth 13.76 at the beginning of the trading date compared to the closed value of 14.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beam Global stock. Still, in general, we apply an absolute valuation method to find Beam Global'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 Beam Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beam Global's related companies.
 Open High Low Close Volume
03/15/2022
  13.76    14.25    12.91    14.12    257,100  
  14.50    14.80    13.62    14.73    266,600  
Backtest Beam Global  |  Beam Global History  |  Beam Global Valuation Next  
Open Value
13.76
14.12
Closing Value
26.17
Upside

Beam Global Trading Date Momentum on November 10, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Beam Global Fundamentals Correlations and Trends

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

About Beam Global Stock history

Beam Global 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 Beam is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beam Global 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 Beam Global stock prices may prove useful in developing a viable investing in Beam Global
Last ReportedProjected for 2024
Common Stock Shares Outstanding11.4 M12 M
Net Loss-17.7 M-16.8 M

Beam Global Quarterly Net Working Capital

34.37 Million

Beam Global Stock Technical Analysis

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

Beam Global Period Price Range

Low
March 15, 2022
0.36  2.62%
High

 13.76 

     

 14.12 

Beam Global March 29, 2024 Market Strength

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

Beam Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Beam Global's price direction in advance. Along with the technical and fundamental analysis of Beam Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beam 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.
When determining whether Beam Global is a strong investment it is important to analyze Beam Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Beam Global's future performance. For an informed investment choice regarding Beam Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Beam Global. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Beam Stock, please use our How to Invest in Beam Global guide.
Note that the Beam Global information on this page should be used as a complementary analysis to other Beam Global's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Beam Stock analysis

When running Beam Global's price analysis, check to measure Beam Global'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 Beam Global is operating at the current time. Most of Beam Global's value examination focuses on studying past and present price action to predict the probability of Beam Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beam Global's price. Additionally, you may evaluate how the addition of Beam Global to your portfolios can decrease your overall portfolio volatility.
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Is Beam Global's industry 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 Beam Global. If investors know Beam 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 Beam Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.57)
Revenue Per Share
4.25
Quarterly Revenue Growth
1.494
Return On Assets
(0.26)
Return On Equity
(0.47)
The market value of Beam Global is measured differently than its book value, which is the value of Beam that is recorded on the company's balance sheet. Investors also form their own opinion of Beam Global's value that differs from its market value or its book value, called intrinsic value, which is Beam Global'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 Beam Global's market value can be influenced by many factors that don't directly affect Beam Global'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 Beam Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beam Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beam Global'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.