Bionomics Ltd ADR Price on December 10, 2024
BNOXDelisted Stock | USD 0.25 0.00 0.00% |
If you're considering investing in Bionomics Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bionomics stands at 0.25, as last reported on the 28th of December, with the highest price reaching 0.29 and the lowest price hitting 0.24 during the day. Bionomics appears to be out of control, given 3 months investment horizon. Bionomics ADR secures Sharpe Ratio (or Efficiency) of 0.0338, which signifies that the company had a 0.0338% return per unit of risk over the last 3 months. By analyzing Bionomics' technical indicators, you can evaluate if the expected return of 0.78% is justified by implied risk. Please makes use of Bionomics' Downside Deviation of 14.69, mean deviation of 9.35, and Risk Adjusted Performance of 0.0202 to double-check if our risk estimates are consistent with your expectations.
Bionomics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bionomics |
Sharpe Ratio = 0.0338
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Estimated Market Risk
23.17 actual daily | 96 96% of assets are less volatile |
Expected Return
0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Bionomics 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 Bionomics by adding it to a well-diversified portfolio.
Related Headline
Rezolute Headline on 10th of December 2024
Acquisition by Daron Evans of 10549 shares of Rezolute at 5.... by news.google.com
Filed transaction by Rezolute Officer: Cfo. Grant, award or other acquisition pursuant to Rule 16b-3(d)
Bionomics Valuation on December 10, 2024
It is possible to determine the worth of Bionomics on a given historical date. On December 10, 2024 Bionomics was worth 0.29 at the beginning of the trading date compared to the closed value of 0.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bionomics stock. Still, in general, we apply an absolute valuation method to find Bionomics' 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 Bionomics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bionomics' related companies.
Open | High | Low | Close | Volume | |
0.29 | 0.32 | 0.27 | 0.30 | 1,252,617 | |
12/10/2024 | 0.29 | 0.30 | 0.28 | 0.30 | 384,767 |
0.29 | 0.30 | 0.28 | 0.29 | 261,058 |
Backtest Bionomics | | | Bionomics History | | | Bionomics Valuation | Previous | Next |
Bionomics Trading Date Momentum on December 10, 2024
On December 11 2024 Bionomics Ltd ADR was traded for 0.29 at the closing time. The top price for the day was 0.30 and the lowest listed price was 0.28 . The trading volume for the day was 261.1 K. The trading history from December 11, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.33% . The overall trading delta against the current closing price is 16.67% . |
Bionomics ADR Fundamentals Correlations and Trends
By evaluating Bionomics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bionomics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bionomics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bionomics Stock history
Bionomics 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 Bionomics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bionomics ADR 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 Bionomics stock prices may prove useful in developing a viable investing in Bionomics
Bionomics Limited, a clinical stage biopharmaceutical company, discovers and develops novel drug candidates for the treatment of central nervous system disorders and cancers. Bionomics Limited was incorporated in 1996 and is based in Eastwood, Australia. Bionomics is traded on NASDAQ Exchange in the United States.
Bionomics Stock Technical Analysis
Bionomics 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Bionomics Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
Bionomics Ltd ADR 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.
Bionomics December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Bionomics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bionomics shares will generate the highest return on investment. By undertsting and applying Bionomics stock market strength indicators, traders can identify Bionomics Ltd ADR entry and exit signals to maximize returns
Bionomics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bionomics' price direction in advance. Along with the technical and fundamental analysis of Bionomics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bionomics 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 | 0.0202 | |||
Jensen Alpha | 0.2457 | |||
Total Risk Alpha | (0.34) | |||
Sortino Ratio | 0.0183 | |||
Treynor Ratio | 0.1431 |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bionomics Ltd ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Consideration for investing in Bionomics Stock
If you are still planning to invest in Bionomics ADR check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bionomics' history and understand the potential risks before investing.
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