Bio Techne (Germany) Price on November 1, 2024
TE1 Stock | 56.50 1.00 1.80% |
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 Techne stands at 56.50, as last reported on the 24th of March, with the highest price reaching 56.50 and the lowest price hitting 56.50 during the day. Bio Techne Corp secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17 % return per unit of risk over the last 3 months. Bio Techne Corp exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bio Techne's Mean Deviation of 1.48, risk adjusted performance of (0.15), and Standard Deviation of 2.06 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.
Bio |
Sharpe Ratio = -0.1692
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Estimated Market Risk
2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bio Techne 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 Techne by adding Bio Techne to a well-diversified portfolio.
Bio Techne Valuation on November 1, 2024
It is possible to determine the worth of Bio Techne on a given historical date. On November 1, 2024 Bio was worth 67.35 at the beginning of the trading date compared to the closed value of 69.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bio Techne stock. Still, in general, we apply an absolute valuation method to find Bio Techne'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 Techne where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bio Techne's related companies.
Open | High | Low | Close | Volume | |
68.84 | 68.84 | 67.84 | 67.84 | 1.00 | |
11/01/2024 | 67.35 | 69.34 | 67.35 | 69.34 | 1.00 |
68.34 | 69.34 | 68.34 | 69.34 | 1.00 |
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Bio Techne Trading Date Momentum on November 1, 2024
On November 04 2024 Bio Techne Corp was traded for 69.34 at the closing time. The highest price during the trading period was 69.34 and the lowest recorded bid was listed for 68.34 . There was no trading activity during the period 1.0. Lack of trading volume on November 4, 2024 did not affect price variability. The overall trading delta to the current price is 1.54% . |
Bio Techne Corp Fundamentals Correlations and Trends
By evaluating Bio Techne'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 Techne'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 Techne Stock history
Bio Techne 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 Techne Corp 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 Techne stock prices may prove useful in developing a viable investing in Bio Techne
Bio Techne Stock Technical Analysis
Bio Techne 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
Bio Techne Period Price Range
Low | March 24, 2025
| High |
0.00 | 0.00 |
Bio Techne Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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 Techne March 24, 2025 Market Strength
Market strength indicators help investors to evaluate how Bio Techne 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 Techne shares will generate the highest return on investment. By undertsting and applying Bio Techne stock market strength indicators, traders can identify Bio Techne Corp entry and exit signals to maximize returns
Bio Techne Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bio Techne'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.
Risk Adjusted Performance | (0.15) | |||
Jensen Alpha | (0.35) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | (1.42) |
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Additional Tools for Bio Stock Analysis
When running Bio Techne's price analysis, check to measure Bio Techne'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 Bio Techne is operating at the current time. Most of Bio Techne's value examination focuses on studying past and present price action to predict the probability of Bio Techne's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bio Techne's price. Additionally, you may evaluate how the addition of Bio Techne to your portfolios can decrease your overall portfolio volatility.