Bioventus Stock Price on September 30, 2023
| BVS Stock | USD 12.29 0.02 0.16% |
If you're considering investing in Bioventus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bioventus stands at 12.29, as last reported on the 28th of November, with the highest price reaching 12.61 and the lowest price hitting 12.04 during the day. Bioventus appears to be relatively risky, given 3 months investment horizon. Bioventus secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bioventus, which you can use to evaluate the volatility of the firm. Please makes use of Bioventus' Downside Deviation of 4.06, risk adjusted performance of 0.0877, and Mean Deviation of 2.53 to double-check if our risk estimates are consistent with your expectations.
At this time, Bioventus' Common Stock Shares Outstanding is comparatively stable compared to the past year. Total Stockholder Equity is likely to gain to about 240.5 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 788.8 M in 2024. . Price To Free Cash Flows Ratio is likely to gain to 43.43 in 2024, whereas Price To Sales Ratio is likely to drop 0.61 in 2024. Bioventus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bioventus |
Sharpe Ratio = 0.1052
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Estimated Market Risk
| 3.7 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Bioventus is performing at about 8% 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 Bioventus by adding it to a well-diversified portfolio.
Price Book 5.3925 | Enterprise Value Ebitda 35.7883 | Price Sales 1.445 | Shares Float 35.6 M | Wall Street Target Price 14.6667 |
Bioventus Valuation on September 30, 2023
It is possible to determine the worth of Bioventus on a given historical date. On September 30, 2023 Bioventus was worth 3.04 at the beginning of the trading date compared to the closed value of 3.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bioventus stock. Still, in general, we apply an absolute valuation method to find Bioventus' 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 Bioventus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bioventus' related companies.
| Open | High | Low | Close | Volume | |
| 3.03 | 3.10 | 2.94 | 3.00 | 141,831 | |
09/29/2023 | 3.04 | 3.32 | 3.03 | 3.30 | 228,618 |
| 3.29 | 3.35 | 3.10 | 3.18 | 205,615 |
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Bioventus Trading Date Momentum on September 30, 2023
| On October 02 2023 Bioventus was traded for 3.18 at the closing time. Highest Bioventus's price during the trading hours was 3.35 and the lowest price during the day was 3.10 . The net volume was 205.6 K. The overall trading history on the 2nd of October contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 3.64% . The overall trading delta to current price is 7.27% . |
Bioventus Fundamentals Correlations and Trends
By evaluating Bioventus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bioventus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bioventus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bioventus Stock history
Bioventus 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 Bioventus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bioventus 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 Bioventus stock prices may prove useful in developing a viable investing in Bioventus
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 62.6 M | 63.5 M | |
| Net Income Applicable To Common Shares | 22.3 M | 23.4 M |
Bioventus Stock Technical Analysis
Bioventus 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
Bioventus Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Bioventus 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.
Bioventus November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Bioventus stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bioventus shares will generate the highest return on investment. By undertsting and applying Bioventus stock market strength indicators, traders can identify Bioventus entry and exit signals to maximize returns
Bioventus Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bioventus' price direction in advance. Along with the technical and fundamental analysis of Bioventus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bioventus 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 | 0.0877 | |||
| Jensen Alpha | 0.3289 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0617 | |||
| Treynor Ratio | 1.06 |
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Additional Tools for Bioventus Stock Analysis
When running Bioventus' price analysis, check to measure Bioventus' 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 Bioventus is operating at the current time. Most of Bioventus' value examination focuses on studying past and present price action to predict the probability of Bioventus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bioventus' price. Additionally, you may evaluate how the addition of Bioventus to your portfolios can decrease your overall portfolio volatility.