Biomrieux Sa Stock Price on March 13, 2024
| BMXMF Stock | USD 106.20 3.05 2.96% |
If you're considering investing in BioMérieux Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of BioMérieux stands at 106.20, as last reported on the 5th of May, with the highest price reaching 106.20 and the lowest price hitting 106.20 during the day. We consider BioMérieux very steady. bioMrieux SA secures Sharpe Ratio (or Efficiency) of 0.0117, which signifies that the company had a 0.0117% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for bioMrieux SA, which you can use to evaluate the volatility of the firm. Please confirm BioMérieux's Coefficient Of Variation of (14,061), risk adjusted performance of 0.0027, and Standard Deviation of 2.22 to double-check if the risk estimate we provide is consistent with the expected return of 0.025%.
BioMérieux Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
BioMérieux |
Sharpe Ratio = 0.0117
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| Negative Returns | BMXMF |
Estimated Market Risk
| 2.15 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.03 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 BioMérieux 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 BioMérieux by adding BioMérieux to a well-diversified portfolio.
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BioAffinity Technologies Headline on 12th of March 2024
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BioMérieux Valuation on March 13, 2024
It is possible to determine the worth of BioMérieux on a given historical date. On March 13, 2024 BioMérieux was worth 108.55 at the beginning of the trading date compared to the closed value of 108.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BioMérieux pink sheet. Still, in general, we apply an absolute valuation method to find BioMérieux'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 BioMérieux where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BioMérieux's related companies.
| Open | High | Low | Close | Volume | |
| 108.55 | 108.55 | 108.55 | 108.55 | 1.00 | |
03/13/2024 | 108.55 | 108.55 | 108.55 | 108.55 | 1.00 |
| 108.55 | 108.55 | 108.55 | 108.55 | 1.00 |
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BioMérieux Trading Date Momentum on March 13, 2024
| On March 14 2024 bioMrieux SA was traded for 108.55 at the closing time. The highest daily price throughout the period was 108.55 and the lowest price was 108.55 . There was no trading activity during the period 1.0. Lack of trading volume on 03/14/2024 had no short-term effect on price fluctuation. The trading date delta to current closing price is 0.00% . |
bioMrieux SA Fundamentals Correlations and Trends
By evaluating BioMérieux'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 BioMérieux's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BioMérieux financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BioMérieux Pink Sheet history
BioMérieux 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 BioMérieux is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in bioMrieux SA 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 BioMérieux stock prices may prove useful in developing a viable investing in BioMérieux
bioMrieux S.A. develops and produces in vitro diagnostic solutions for the diagnosis of infectious diseases in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was formerly known as B-D Mrieux. bioMrieux S.A. was founded in 1963 and is headquartered in Marcy lEtoile, France. bioMrieux S.A. is a subsidiary of Institut Mrieux SA. Biomerieux operates under Diagnostics Research classification in the United States and is traded on OTC Exchange. It employs 12084 people.
BioMérieux Pink Sheet Technical Analysis
BioMérieux technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
BioMérieux Period Price Range
Low | March 13, 2024
| High |
108.55 | 108.55 |
BioMérieux May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how BioMérieux pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BioMérieux shares will generate the highest return on investment. By undertsting and applying BioMérieux pink sheet market strength indicators, traders can identify bioMrieux SA entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 108.55 | |||
| Day Typical Price | 108.55 | |||
| Period Momentum Indicator | (2.35) | |||
| Relative Strength Index | 78.67 |
BioMérieux Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BioMérieux's price direction in advance. Along with the technical and fundamental analysis of BioMérieux Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of BioMérieux 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 Performance | 0.0027 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (0.05) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in bioMrieux SA. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for BioMérieux Pink Sheet analysis
When running BioMérieux's price analysis, check to measure BioMérieux'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 BioMérieux is operating at the current time. Most of BioMérieux's value examination focuses on studying past and present price action to predict the probability of BioMérieux's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BioMérieux's price. Additionally, you may evaluate how the addition of BioMérieux to your portfolios can decrease your overall portfolio volatility.
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