Bio Works (Sweden) Price on August 9, 2024

BIOWKS Stock  SEK 0.88  0.03  3.30%   
If you're considering investing in Bio Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bio Works stands at 0.88, as last reported on the 3rd of December, with the highest price reaching 0.90 and the lowest price hitting 0.80 during the day. Bio Works Technologies secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Bio Works Technologies AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bio Works' Risk Adjusted Performance of (0.06), standard deviation of 4.37, and Mean Deviation of 3.01 to double-check the risk estimate we provide.
  
Bio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1006

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Estimated Market Risk

 4.31
  actual daily
38
62% of assets are more volatile

Expected Return

 -0.43
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bio Works 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 Bio Works by adding Bio Works to a well-diversified portfolio.

Bio Works Valuation on August 9, 2024

It is possible to determine the worth of Bio Works on a given historical date. On August 9, 2024 Bio was worth 2.07 at the beginning of the trading date compared to the closed value of 1.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bio Works stock. Still, in general, we apply an absolute valuation method to find Bio Works' 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 Works where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bio Works' related companies.
 Open High Low Close Volume
  1.90    2.08    1.60    2.00    214,090  
08/09/2024
  2.07    2.07    1.99    1.99    519.00  
  1.99    2.04    1.76    1.76    10,853  
Backtest Bio Works  |  Bio Works History  |  Bio Works Valuation   PreviousNext  
Open Value
2.07
1.99
Closing Value
15.01
Upside

Bio Works Trading Date Momentum on August 9, 2024

On August 12 2024 Bio Works Technologies AB was traded for  1.76  at the closing time. The highest price during the trading period was 2.04  and the lowest recorded bid was listed for  1.76 . The volume for the day was 10.9 K. This history from August 12, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 11.56% . The overall trading delta to the current price is 37.69% .

Bio Works Technologies Fundamentals Correlations and Trends

By evaluating Bio Works' 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 Works' 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 Works Stock history

Bio Works 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 Works Technologies 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 Works stock prices may prove useful in developing a viable investing in Bio Works
Bio-Works Technologies AB researches, develops, manufactures, and supplies agarose based resins used to separate proteins and other biomolecules. Bio-Works Technologies AB founded in 2006 and is based in Uppsala, Sweden. Bio Works is traded on Stockholm Stock Exchange in Sweden.

Bio Works Stock Technical Analysis

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

Low
December 3, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bio Works Technologies AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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 Works December 3, 2024 Market Strength

Market strength indicators help investors to evaluate how Bio Works 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 Works shares will generate the highest return on investment. By undertsting and applying Bio Works stock market strength indicators, traders can identify Bio Works Technologies AB entry and exit signals to maximize returns

Bio Works Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bio Works' 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.

Complementary Tools for Bio Stock analysis

When running Bio Works' price analysis, check to measure Bio Works' 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 Bio Works is operating at the current time. Most of Bio Works' value examination focuses on studying past and present price action to predict the probability of Bio Works' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bio Works' price. Additionally, you may evaluate how the addition of Bio Works to your portfolios can decrease your overall portfolio volatility.
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