Bio Techne Corp Stock Price on October 31, 2024

TECH Stock  USD 75.36  0.02  0.03%   
Below is the normalized historical share price chart for Bio Techne Corp extending back to February 09, 1989. 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 Techne stands at 75.36, as last reported on the 2nd of December, with the highest price reaching 75.87 and the lowest price hitting 74.51 during the day.
IPO Date
9th of February 1989
200 Day MA
73.7828
50 Day MA
73.6296
Beta
1.278
 
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. Bio Techne is very steady at the moment. Bio Techne Corp secures Sharpe Ratio (or Efficiency) of 0.0453, which signifies that the company had a 0.0453% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bio Techne Corp, which you can use to evaluate the volatility of the firm. Please confirm Bio Techne's Mean Deviation of 1.77, risk adjusted performance of 0.0411, and Downside Deviation of 2.34 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%.
  
As of now, Bio Techne's Other Stockholder Equity is increasing as compared to previous years. The Bio Techne's current Common Stock Total Equity is estimated to increase to about 1.9 M, while Capital Stock is projected to decrease to under 862.4 K. . As of now, Bio Techne's Price Fair Value is increasing as compared to previous years. Bio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0453

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Estimated Market Risk

 2.33
  actual daily
20
80% of assets are more volatile

Expected Return

 0.11
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
3
97% of assets perform better
Based on monthly moving average Bio Techne is performing at about 3% 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 Techne by adding it to a well-diversified portfolio.
Price Book
5.5989
Enterprise Value Ebitda
40.5332
Price Sales
10.2231
Shares Float
157.1 M
Dividend Share
0.32

Related Headline

Nuvalent Headline on 31st of October 2024

Filed transaction by Nuvalent Officer: Chief Financial Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Bio Techne Valuation on October 31, 2024

It is possible to determine the worth of Bio Techne on a given historical date. On October 31, 2024 Bio was worth 75.81 at the beginning of the trading date compared to the closed value of 73.67. 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
  73.92    79.38    73.87    75.94    2,663,662  
10/31/2024
  75.81    76.34    73.67    73.67    1,109,819  
  74.02    76.48    73.99    75.23    984,000  
Backtest Bio Techne  |  Bio Techne History  |  Bio Techne Valuation   PreviousNext  
Open Value
75.81
73.67
Closing Value
82.80
Upside

Bio Techne Trading Date Momentum on October 31, 2024

On November 01 2024 Bio Techne Corp was traded for  75.23  at the closing time. The top price for the day was 76.48  and the lowest listed price was  73.99 . The trading volume for the day was 984 K. The trading history from November 1, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 2.12% . The overall trading delta against the current closing price is 3.04% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding160.8 M169.2 M
Net Income Applicable To Common Shares328.1 M344.5 M

Bio Techne Quarterly Net Working Capital

506.44 Million

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

Low
December 2, 2024
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High

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Bio Techne Corp 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.

Bio Techne December 2, 2024 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.

Complementary 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.
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