Bucharest BET-NG (Romania) Price on March 10, 2023

BETNG Index   1,210  4.10  0.34%   
Below is the normalized historical share price chart for Bucharest BET-NG extending back to January 25, 2012. 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 Bucharest BET-NG stands at 1,210, as last reported on the 29th of March, with the highest price reaching 1,210 and the lowest price hitting 1,205 during the day.
 
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If you're considering investing in Bucharest Index, it is important to understand the factors that can impact its price. Bucharest BET-NG secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the index had a 0.21% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for Bucharest BET-NG, which you can use to evaluate the volatility of the entity.
Bucharest Index price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2104

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Estimated Market Risk

 0.68
  actual daily
6
94% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average Bucharest BET-NG is performing at about 16% 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 Bucharest BET-NG by adding it to a well-diversified portfolio.

Bucharest BET-NG Valuation on March 10, 2023

It is possible to determine the worth of Bucharest BET-NG on a given historical date. On March 10, 2023 Bucharest was worth 965.18 at the beginning of the trading date compared to the closed value of 953.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bucharest BET-NG index. Still, in general, we apply an absolute valuation method to find Bucharest BET-NG'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 Bucharest BET-NG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bucharest BET-NG's related companies.
 Open High Low Close Volume
  961.92    970.37    961.88    965.18    25,270,000  
03/10/2023
  965.18    965.21    950.65    953.28    9,660,000  
  953.28    958.91    932.18    934.97    13,550,000  
Backtest Bucharest BET-NG  |  Bucharest BET-NG History  PreviousNext  
Open Value
965.18
963.15
Downside
953.28
Closing Value
967.21
Upside

Bucharest BET-NG Trading Date Momentum on March 10, 2023

On March 13 2023 Bucharest BET-NG was traded for  934.97  at the closing time. The highest price during the trading period was 958.91  and the lowest recorded bid was listed for  932.18 . The volume for the day was 13.6 M. This history from March 13, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.92% . The overall trading delta to the current price is 1.50% .

Price Boundaries

Bucharest BET-NG Period Price Range

Low
March 10, 2023
-11.9  -1.23%
High

 965.18 

     

 953.28 

Bucharest BET-NG March 29, 2024 Market Strength

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

Bucharest BET-NG Technical Drivers

Bucharest BET-NG March 29, 2024 Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bucharest BET-NG's price direction in advance. Along with the technical and fundamental analysis of Bucharest Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bucharest 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.
Risk Adjusted Performance0.0905
Mean Deviation0.5373
Semi Deviation0.7085
Downside Deviation0.8553
Coefficient Of Variation628.94
Standard Deviation0.7091
Variance0.5028
Information Ratio(0.03)
Total Risk Alpha(0.06)
Sortino Ratio(0.03)
Maximum Drawdown3.22
Value At Risk(1.09)
Potential Upside1.2
Downside Variance0.7315
Semi Variance0.502
Expected Short fall(0.53)
Skewness(0.78)
Kurtosis0.9289
Cycle Indicators
Math Operators
Math Transform
Momentum Indicators
Overlap Studies
Pattern Recognition
Price Transform
Statistic Functions
Volatility Indicators
Volume Indicators
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Bucharest BET-NG information on this page should be used as a complementary analysis to other Bucharest BET-NG'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 Bonds Directory module to find actively traded corporate debentures issued by US companies.

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