Beigene Stock Price on December 31, 2023
| BGNE Stock | USD 153.94 2.59 1.65% |
Below is the normalized historical share price chart for BeiGene extending back to February 03, 2016. 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 BeiGene stands at 153.94, as last reported on the 30th of April, with the highest price reaching 156.64 and the lowest price hitting 150.29 during the day.
If you're considering investing in BeiGene Stock, it is important to understand the factors that can impact its price. We consider BeiGene very steady. BeiGene secures Sharpe Ratio (or Efficiency) of 0.0423, which signifies that the company had a 0.0423% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for BeiGene, which you can use to evaluate the volatility of the firm. Please confirm BeiGene's Risk Adjusted Performance of 0.0035, mean deviation of 2.47, and Standard Deviation of 3.39 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
At present, BeiGene's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Sale Purchase Of Stock is expected to grow to about 4.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 72.1 M. . The current year's Price Earnings To Growth Ratio is expected to grow to 0.40, whereas Price To Sales Ratio is forecasted to decline to 7.27. BeiGene Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of February 2016 | 200 Day MA 176.0315 | 50 Day MA 154.8384 | Beta 0.627 |
BeiGene |
Sharpe Ratio = 0.0423
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| Cash | Small Risk | Average Risk | BGNE | Huge Risk |
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Estimated Market Risk
| 3.39 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average BeiGene is performing at about 3% 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 BeiGene by adding it to a well-diversified portfolio.
Price Book 4.1739 | Enterprise Value Ebitda (11.91) | Price Sales 6.3383 | Shares Float 762.5 M | Wall Street Target Price 272.52 |
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BeiGene Valuation on December 31, 2023
It is possible to determine the worth of BeiGene on a given historical date. On December 31, 2023 BeiGene was worth 182.4 at the beginning of the trading date compared to the closed value of 180.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BeiGene stock. Still, in general, we apply an absolute valuation method to find BeiGene'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 BeiGene where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BeiGene's related companies.
| Open | High | Low | Close | Volume | |
| 181.00 | 184.00 | 176.99 | 179.48 | 374,295 | |
12/29/2023 | 182.40 | 184.05 | 177.40 | 180.36 | 532,659 |
| 176.05 | 177.09 | 172.50 | 177.00 | 331,945 |
| Backtest BeiGene | | | BeiGene History | | | BeiGene Valuation | Previous | Next |
BeiGene Trading Date Momentum on December 31, 2023
| On January 02 2024 BeiGene was traded for 177.00 at the closing time. The top price for the day was 177.09 and the lowest listed price was 172.50 . The trading volume for the day was 331.9 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.86% . The overall trading delta against the current closing price is 7.97% . |
BeiGene Fundamentals Correlations and Trends
By evaluating BeiGene'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 BeiGene's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BeiGene financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BeiGene Stock history
BeiGene 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 BeiGene is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BeiGene 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 BeiGene stock prices may prove useful in developing a viable investing in BeiGene
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 104.4 M | 72.1 M | |
| Net Loss | -1.8 B | -1.7 B |
BeiGene Quarterly Net Working Capital |
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BeiGene Stock Technical Analysis
BeiGene 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.
Price Boundaries
BeiGene Period Price Range
Low | December 29, 2023
| High |
182.40 | 180.36 |
BeiGene April 30, 2024 Market Strength
Market strength indicators help investors to evaluate how BeiGene stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BeiGene shares will generate the highest return on investment. By undertsting and applying BeiGene stock market strength indicators, traders can identify BeiGene entry and exit signals to maximize returns
| Accumulation Distribution | 19245.76 | |||
| Daily Balance Of Power | (0.31) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 180.73 | |||
| Day Typical Price | 180.6 | |||
| Price Action Indicator | (1.38) | |||
| Period Momentum Indicator | (26.42) | |||
| Relative Strength Index | 30.21 |
BeiGene Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BeiGene's price direction in advance. Along with the technical and fundamental analysis of BeiGene Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BeiGene 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 | 0.0035 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | 0.14 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BeiGene. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade BeiGene Stock refer to our How to Trade BeiGene Stock guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Complementary Tools for BeiGene Stock analysis
When running BeiGene's price analysis, check to measure BeiGene'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 BeiGene is operating at the current time. Most of BeiGene's value examination focuses on studying past and present price action to predict the probability of BeiGene's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BeiGene's price. Additionally, you may evaluate how the addition of BeiGene to your portfolios can decrease your overall portfolio volatility.
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Is BeiGene'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 BeiGene. If investors know BeiGene 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 BeiGene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.45) | Revenue Per Share 23.554 | Quarterly Revenue Growth 0.669 | Return On Assets (0.12) | Return On Equity (0.22) |
The market value of BeiGene is measured differently than its book value, which is the value of BeiGene that is recorded on the company's balance sheet. Investors also form their own opinion of BeiGene's value that differs from its market value or its book value, called intrinsic value, which is BeiGene'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 BeiGene's market value can be influenced by many factors that don't directly affect BeiGene'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 BeiGene's value and its price as these two are different measures arrived at by different means. Investors typically determine if BeiGene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BeiGene'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.