Best Inc Stock Price on November 17, 2020

BEST Stock  USD 2.08  0.03  1.46%   
Below is the normalized historical share price chart for BEST Inc extending back to September 20, 2017. 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 BEST stands at 2.08, as last reported on the 18th of April 2024, with the highest price reaching 2.14 and the lowest price hitting 2.08 during the day.
IPO Date
20th of September 2017
200 Day MA
2.3578
50 Day MA
2.1871
Beta
0.959
 
Covid
If you're considering investing in BEST Stock, it is important to understand the factors that can impact its price. BEST Inc secures Sharpe Ratio (or Efficiency) of -0.0916, which signifies that the company had a -0.0916% return per unit of risk over the last 3 months. BEST Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BEST's mean deviation of 1.83, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide.
  
At this time, BEST's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 12.4 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 16 B in 2024. . Price To Sales Ratio is likely to drop to 0.01 in 2024. Price Earnings Ratio is likely to drop to -0.05 in 2024. BEST Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0916

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Estimated Market Risk

 2.55
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.23
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average BEST 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 BEST by adding BEST to a well-diversified portfolio.
Price Book
2.2736
Enterprise Value Ebitda
(0.35)
Price Sales
0.0051
Shares Float
209.7 M
Wall Street Target Price
3.26

BEST Valuation on November 17, 2020

It is possible to determine the worth of BEST on a given historical date. On November 17, 2020 BEST was worth 0.67 at the beginning of the trading date compared to the closed value of 13.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BEST stock. Still, in general, we apply an absolute valuation method to find BEST'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 BEST where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BEST's related companies.
 Open High Low Close Volume
04/04/2022
  0.67    13.20    13.20    13.20    58,717  
  0.68    12.59    12.59    12.59    48,612  
Backtest BEST  |  BEST History  |  BEST Valuation Next  
Open Value
0.67
13.2
Closing Value
8.33
Upside

BEST Trading Date Momentum on November 17, 2020

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.

BEST Inc Fundamentals Correlations and Trends

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

About BEST Stock history

BEST 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 BEST is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BEST Inc 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 BEST stock prices may prove useful in developing a viable investing in BEST
Last ReportedProjected for Next Year
Common Stock Shares Outstanding4.4 M4.2 M
Net Loss-1.7 B-1.8 B

BEST Stock Technical Analysis

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

BEST Period Price Range

Low
April 4, 2022
12.53  1,870%
High

 0.67 

     

 13.20 

BEST April 18, 2024 Market Strength

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

BEST Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for BEST's price direction in advance. Along with the technical and fundamental analysis of BEST Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BEST 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 BEST Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BEST Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Best Inc Stock. Highlighted below are key reports to facilitate an investment decision about Best Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BEST Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for BEST Stock analysis

When running BEST's price analysis, check to measure BEST'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 BEST is operating at the current time. Most of BEST's value examination focuses on studying past and present price action to predict the probability of BEST's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BEST's price. Additionally, you may evaluate how the addition of BEST to your portfolios can decrease your overall portfolio volatility.
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Is BEST'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 BEST. If investors know BEST 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 BEST listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(6.66)
Revenue Per Share
436.036
Quarterly Revenue Growth
0.129
Return On Assets
(0.08)
Return On Equity
(2.48)
The market value of BEST Inc is measured differently than its book value, which is the value of BEST that is recorded on the company's balance sheet. Investors also form their own opinion of BEST's value that differs from its market value or its book value, called intrinsic value, which is BEST'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 BEST's market value can be influenced by many factors that don't directly affect BEST'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 BEST's value and its price as these two are different measures arrived at by different means. Investors typically determine if BEST is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BEST'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.