Beyond Meat Stock Price on July 23, 2024

BYND Stock  USD 5.92  0.29  4.67%   
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 5.92, as last reported on the 7th of September, with the highest price reaching 6.21 and the lowest price hitting 5.90 during the day.
IPO Date
2nd of May 2019
200 Day MA
7.2924
50 Day MA
6.3002
Beta
2.256
 
Covid
If you're considering investing in Beyond Stock, it is important to understand the factors that can impact its price. Beyond Meat secures Sharpe Ratio (or Efficiency) of -0.0369, which signifies that the company had a -0.0369% return per unit of risk over the last 3 months. Beyond Meat exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Beyond Meat's Mean Deviation of 3.46, risk adjusted performance of (0.04), and Standard Deviation of 5.04 to double-check the risk estimate we provide.
  
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 September 7, 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.

Sharpe Ratio = -0.0369

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Estimated Market Risk

 5.05
  actual daily
44
56% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Beyond Meat 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 Beyond Meat by adding Beyond Meat to a well-diversified portfolio.
Price Book
59.3234
Enterprise Value Ebitda
(5.38)
Price Sales
1.2667
Shares Float
61.9 M
Wall Street Target Price
5.28

Beyond Meat Valuation on July 23, 2024

It is possible to determine the worth of Beyond Meat on a given historical date. On July 23, 2024 Beyond was worth 6.03 at the beginning of the trading date compared to the closed value of 6.16. 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
  6.14    6.17    5.60    6.16    4,227,211  
07/23/2024
  6.03    6.25    6.00    6.16    2,899,928  
  6.10    6.18    5.88    6.08    1,896,920  
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Open Value
6.03
6.16
Closing Value
21.19
Upside

Beyond Meat Trading Date Momentum on July 23, 2024

On July 24 2024 Beyond Meat was traded for  6.08  at the closing time. The top price for the day was 6.18  and the lowest listed price was  5.88 . The trading volume for the day was 1.9 M. The trading history from July 24, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.30% . The overall trading delta against the current closing price is 2.44% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding64.3 M59.8 M
Net Loss-329.5 M-313 M

Beyond Meat Quarterly Net Working Capital

233.75 Million

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.
A focus of Beyond Meat technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Beyond Meat trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Beyond Meat Period Price Range

Low
September 7, 2024
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High

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Beyond Meat cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Beyond Meat September 7, 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.

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.
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