Beyond Meat Stock Price on February 22, 2024
| BYND Stock | USD 7.25 0.46 6.77% |
Below is the normalized historical share price chart for Beyond Meat extending back to May 02, 2019. 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 Beyond Meat stands at 7.25, as last reported on the 2nd of May, with the highest price reaching 7.29 and the lowest price hitting 6.87 during the day.
If you're considering investing in Beyond Stock, it is important to understand the factors that can impact its price. Beyond Meat appears to be moderately volatile, given 3 months investment horizon. Beyond Meat secures Sharpe Ratio (or Efficiency) of 0.0497, which signifies that the company had a 0.0497% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Beyond Meat, which you can use to evaluate the volatility of the firm. Please makes use of Beyond Meat's Mean Deviation of 3.57, risk adjusted performance of 0.036, and Downside Deviation of 4.18 to double-check if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about (487.7 M). In addition to that, Common Stock Total Equity is expected to decline to 4,871. As of May 2, 2024, Price To Sales Ratio is expected to decline to 1.58. In addition to that, Price Earnings Ratio is expected to decline to -1.78. Beyond Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of May 2019 | 200 Day MA 8.9399 | 50 Day MA 7.6173 | Beta 2.415 |
Beyond |
Sharpe Ratio = 0.0497
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | BYND | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 5.66 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Beyond Meat 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 Beyond Meat by adding it to a well-diversified portfolio.
Price Book 59.3234 | Enterprise Value Ebitda (5.17) | Price Sales 1.2539 | Shares Float 61.7 M | Wall Street Target Price 6.6 |
Beyond Meat Valuation on February 22, 2024
It is possible to determine the worth of Beyond Meat on a given historical date. On February 22, 2024 Beyond was worth 7.44 at the beginning of the trading date compared to the closed value of 7.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Beyond Meat stock. Still, in general, we apply an absolute valuation method to find Beyond Meat'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 Beyond Meat where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Beyond Meat's related companies.
| Open | High | Low | Close | Volume | |
| 7.30 | 7.57 | 6.99 | 7.33 | 3,502,046 | |
02/22/2024 | 7.44 | 7.77 | 7.07 | 7.58 | 3,360,129 |
| 7.70 | 7.81 | 7.38 | 7.81 | 2,185,199 |
| Backtest Beyond Meat | | | Beyond Meat History | | | Beyond Meat Valuation | Previous | Next |
Beyond Meat Trading Date Momentum on February 22, 2024
| On February 23 2024 Beyond Meat was traded for 7.81 at the closing time. The top price for the day was 7.81 and the lowest listed price was 7.38 . The trading volume for the day was 2.2 M. The trading history from February 23, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 3.03% . The overall trading delta against the current closing price is 28.23% . |
Beyond Meat Fundamentals Correlations and Trends
By evaluating Beyond Meat'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 Beyond Meat's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Beyond financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Beyond Meat Stock history
Beyond Meat 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 Beyond is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Beyond Meat 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 Beyond Meat stock prices may prove useful in developing a viable investing in Beyond Meat
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 64.3 M | 59.8 M | |
| Net Loss | -329.5 M | -313 M |
Beyond Meat Quarterly Net Working Capital |
|
Beyond Meat Stock Technical Analysis
Beyond Meat 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
Beyond Meat Period Price Range
Low | February 22, 2024
| High |
7.44 | 7.58 |
Beyond Meat May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Beyond Meat stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Beyond Meat shares will generate the highest return on investment. By undertsting and applying Beyond Meat stock market strength indicators, traders can identify Beyond Meat entry and exit signals to maximize returns
Beyond Meat Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Beyond Meat's price direction in advance. Along with the technical and fundamental analysis of Beyond Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Beyond 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 | 0.036 | |||
| Jensen Alpha | 0.1377 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | 0.0436 | |||
| Treynor Ratio | 0.1147 |
| 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, which includes a position in Beyond Meat. 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 Beyond Stock refer to our How to Trade Beyond Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Beyond Stock analysis
When running Beyond Meat's price analysis, check to measure Beyond Meat'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 Beyond Meat is operating at the current time. Most of Beyond Meat's value examination focuses on studying past and present price action to predict the probability of Beyond Meat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Beyond Meat's price. Additionally, you may evaluate how the addition of Beyond Meat to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals |
Is Beyond Meat'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 Beyond Meat. If investors know Beyond 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 Beyond Meat listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.26) | Revenue Per Share 5.34 | Quarterly Revenue Growth (0.08) | Return On Assets (0.17) | Return On Equity (11.67) |
The market value of Beyond Meat is measured differently than its book value, which is the value of Beyond that is recorded on the company's balance sheet. Investors also form their own opinion of Beyond Meat's value that differs from its market value or its book value, called intrinsic value, which is Beyond Meat'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 Beyond Meat's market value can be influenced by many factors that don't directly affect Beyond Meat'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 Beyond Meat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Beyond Meat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Beyond Meat'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.