Bio Rad Laboratories Stock Price on November 26, 2024

BIO Stock  USD 338.44  6.16  1.85%   
Below is the normalized historical share price chart for Bio Rad Laboratories extending back to February 27, 1980. 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 Bio Rad stands at 338.44, as last reported on the 5th of December, with the highest price reaching 340.62 and the lowest price hitting 325.44 during the day.
IPO Date
1st of January 1966
200 Day MA
317.5857
50 Day MA
340.8326
Beta
0.936
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Bio Stock, it is important to understand the factors that can impact its price. As of now, Bio Stock is very steady. Bio Rad Laboratories secures Sharpe Ratio (or Efficiency) of 0.0289, which signifies that the company had a 0.0289% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bio Rad Laboratories, which you can use to evaluate the volatility of the firm. Please confirm Bio Rad's Downside Deviation of 2.39, mean deviation of 1.59, and Risk Adjusted Performance of 0.0212 to double-check if the risk estimate we provide is consistent with the expected return of 0.0674%.
  
Bio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0289

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Estimated Market Risk

 2.33
  actual daily
20
80% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Bio Rad is performing at about 2% 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 Bio Rad by adding it to a well-diversified portfolio.
Price Book
1.2424
Enterprise Value Ebitda
(13.07)
Price Sales
3.6797
Shares Float
19.4 M
Wall Street Target Price
402.3333

Bio Rad Main Headline on 26th of November 2024

Earnings call Agilent reports steady growth and strategic reorganization

Bio Rad Valuation on November 26, 2024

It is possible to determine the worth of Bio Rad on a given historical date. On November 26, 2024 Bio was worth 337.6 at the beginning of the trading date compared to the closed value of 337.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bio Rad stock. Still, in general, we apply an absolute valuation method to find Bio Rad'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 Bio Rad where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bio Rad's related companies.
 Open High Low Close Volume
  334.98    343.66    333.05    336.09    330,701  
11/26/2024
  337.60    339.21    326.66    337.73    167,708  
  341.75    345.49    336.77    338.48    127,564  
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Open Value
337.6
330.61
Downside
337.73
Closing Value
344.59
Upside

Bio Rad Trading Date Momentum on November 26, 2024

On November 27 2024 Bio Rad Laboratories was traded for  338.48  at the closing time. Highest Bio Rad's price during the trading hours was 345.49  and the lowest price during the day was  336.77 . The net volume was 127.6 K. The overall trading history on the 27th of November contributed to the next trading period price boost. The overall trading delta to the next next day price was 0.22% . The overall trading delta to current price is 2.73% .

Bio Rad Laboratories Fundamentals Correlations and Trends

By evaluating Bio Rad'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 Bio Rad's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bio financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bio Rad Stock history

Bio Rad 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 Bio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bio Rad Laboratories 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 Bio Rad stock prices may prove useful in developing a viable investing in Bio Rad
Bio-Rad Laboratories, Inc. manufactures, and distributes life science research and clinical diagnostic products in the United States, Europe, Asia, Canada, and Latin America. Bio-Rad Laboratories, Inc. was founded in 1952 and is headquartered in Hercules, California. Bio-Rad Laboratories operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 8200 people.

Bio Rad Quarterly Net Working Capital

2.56 Billion

Bio Rad Stock Technical Analysis

Bio Rad 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 Bio Rad technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bio Rad 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

Bio Rad Period Price Range

Low
December 5, 2024
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High

 0.00 

     

 0.00 

Bio Rad Laboratories cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Bio Rad December 5, 2024 Market Strength

Market strength indicators help investors to evaluate how Bio Rad stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bio Rad shares will generate the highest return on investment. By undertsting and applying Bio Rad stock market strength indicators, traders can identify Bio Rad Laboratories entry and exit signals to maximize returns

Bio Rad Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bio Rad's price direction in advance. Along with the technical and fundamental analysis of Bio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bio 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.
When determining whether Bio Rad Laboratories offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bio Rad's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bio Rad Laboratories Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bio Rad Laboratories Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bio Rad Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Life Sciences Tools & Services space 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 Bio Rad. If investors know Bio 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 Bio Rad 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
5.412
Earnings Share
(28.08)
Revenue Per Share
90.815
Quarterly Revenue Growth
0.028
Return On Assets
0.0186
The market value of Bio Rad Laboratories is measured differently than its book value, which is the value of Bio that is recorded on the company's balance sheet. Investors also form their own opinion of Bio Rad's value that differs from its market value or its book value, called intrinsic value, which is Bio Rad'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 Bio Rad's market value can be influenced by many factors that don't directly affect Bio Rad'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 Bio Rad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bio Rad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bio Rad'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.