Bristol Myers Squibb Stock Price on March 25, 2024
BMY Stock | USD 43.99 0.29 0.66% |
Below is the normalized historical share price chart for Bristol Myers Squibb extending back to June 01, 1972. 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 Bristol Myers stands at 43.99, as last reported on the 5th of May, with the highest price reaching 44.33 and the lowest price hitting 43.69 during the day.
If you're considering investing in Bristol Stock, it is important to understand the factors that can impact its price. Bristol Myers Squibb secures Sharpe Ratio (or Efficiency) of -0.0636, which signifies that the company had a -0.0636% return per unit of risk over the last 3 months. Bristol Myers Squibb exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bristol Myers' Risk Adjusted Performance of (0.04), standard deviation of 1.62, and Mean Deviation of 1.06 to double-check the risk estimate we provide.
At this time, Bristol Myers' Liabilities And Stockholders Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to rise to about 2 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 15 B in 2024. . At this time, Bristol Myers' Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 19.89 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 7.28 in 2024. Bristol Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of January 1972 | 200 Day MA 53.7481 | 50 Day MA 50.4594 | Beta 0.39 |
Bristol |
Sharpe Ratio = -0.0636
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Negative Returns | BMY |
Estimated Market Risk
1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bristol Myers 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 Bristol Myers by adding Bristol Myers to a well-diversified portfolio.
Price Book 3.3249 | Enterprise Value Ebitda 6.5597 | Price Sales 2.1742 | Shares Float 2 B | Dividend Share 2.34 |
Bristol Myers Valuation on March 25, 2024
It is possible to determine the worth of Bristol Myers on a given historical date. On March 25, 2024 Bristol was worth 52.08 at the beginning of the trading date compared to the closed value of 51.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bristol Myers stock. Still, in general, we apply an absolute valuation method to find Bristol Myers' 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 Bristol Myers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bristol Myers' related companies.
Open | High | Low | Close | Volume | |
51.65 | 52.45 | 51.33 | 51.33 | 11,727,500 | |
03/25/2024 | 52.08 | 52.74 | 51.65 | 51.65 | 12,348,100 |
52.39 | 52.65 | 51.95 | 51.95 | 9,952,000 |
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Bristol Myers Trading Date Momentum on March 25, 2024
On March 26 2024 Bristol Myers Squibb was traded for 51.95 at the closing time. Highest Bristol Myers's price during the trading hours was 52.65 and the lowest price during the day was 51.95 . The net volume was 10 M. The overall trading history on the 26th of March contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.58% . The overall trading delta to current price is 0.56% . |
Bristol Myers Squibb Fundamentals Correlations and Trends
By evaluating Bristol Myers' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bristol Myers' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bristol financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bristol Myers Stock history
Bristol Myers 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 Bristol is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bristol Myers Squibb 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 Bristol Myers stock prices may prove useful in developing a viable investing in Bristol Myers
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 2.1 B | 1.6 B | |
Net Income Applicable To Common Shares | 5.7 B | 6 B |
Bristol Myers Quarterly Net Working Capital |
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Bristol Myers Stock Technical Analysis
Bristol Myers 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
Bristol Myers Period Price Range
Low | March 25, 2024
| High |
52.08 | 51.65 |
Bristol Myers May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Bristol Myers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bristol Myers shares will generate the highest return on investment. By undertsting and applying Bristol Myers stock market strength indicators, traders can identify Bristol Myers Squibb entry and exit signals to maximize returns
Accumulation Distribution | 255203.0 | |||
Daily Balance Of Power | (0.39) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 52.2 | |||
Day Typical Price | 52.01 | |||
Price Action Indicator | (0.76) | |||
Period Momentum Indicator | (7.66) | |||
Relative Strength Index | 48.19 |
Bristol Myers Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bristol Myers' price direction in advance. Along with the technical and fundamental analysis of Bristol Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bristol 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 | (0.04) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.32) | |||
Treynor Ratio | (0.16) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bristol Myers Squibb. 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 Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Bristol Stock analysis
When running Bristol Myers' price analysis, check to measure Bristol Myers' 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 Bristol Myers is operating at the current time. Most of Bristol Myers' value examination focuses on studying past and present price action to predict the probability of Bristol Myers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bristol Myers' price. Additionally, you may evaluate how the addition of Bristol Myers to your portfolios can decrease your overall portfolio volatility.
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Is Bristol Myers' 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 Bristol Myers. If investors know Bristol 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 Bristol Myers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 2.34 | Earnings Share (3.10) | Revenue Per Share 22.212 | Quarterly Revenue Growth 0.047 |
The market value of Bristol Myers Squibb is measured differently than its book value, which is the value of Bristol that is recorded on the company's balance sheet. Investors also form their own opinion of Bristol Myers' value that differs from its market value or its book value, called intrinsic value, which is Bristol Myers' 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 Bristol Myers' market value can be influenced by many factors that don't directly affect Bristol Myers' 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 Bristol Myers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bristol Myers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bristol Myers' 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.