BIONTECH (Brazil) Market Value
| B1NT34 Stock | BRL 35.76 1.61 4.31% |
| Symbol | BIONTECH |
BIONTECH 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to BIONTECH's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of BIONTECH.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in BIONTECH on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding BIONTECH SE DRN or generate 0.0% return on investment in BIONTECH over 90 days. BIONTECH is related to or competes with HCA Healthcare,, Waste Management, CM Hospitalar, Healthpeak Properties, and Planet Fitness. More
BIONTECH Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure BIONTECH's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess BIONTECH SE DRN upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.18 | |||
| Value At Risk | (4.90) | |||
| Potential Upside | 4.49 |
BIONTECH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BIONTECH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BIONTECH's standard deviation. In reality, there are many statistical measures that can use BIONTECH historical prices to predict the future BIONTECH's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | 0.0448 | |||
| Treynor Ratio | (1.64) |
BIONTECH SE DRN Backtested Returns
BIONTECH SE DRN secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of risk over the last 3 months. BIONTECH SE DRN exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BIONTECH's risk adjusted performance of (0.09), and Mean Deviation of 2.16 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BIONTECH's returns are expected to increase less than the market. However, during the bear market, the loss of holding BIONTECH is expected to be smaller as well. At this point, BIONTECH SE DRN has a negative expected return of -0.35%. Please make sure to confirm BIONTECH's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if BIONTECH SE DRN performance from the past will be repeated in the future.
Auto-correlation | 0.06 |
Virtually no predictability
BIONTECH SE DRN has virtually no predictability. Overlapping area represents the amount of predictability between BIONTECH time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BIONTECH SE DRN price movement. The serial correlation of 0.06 indicates that barely 6.0% of current BIONTECH price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 6.07 |
BIONTECH SE DRN lagged returns against current returns
Autocorrelation, which is BIONTECH stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting BIONTECH's stock expected returns. We can calculate the autocorrelation of BIONTECH returns to help us make a trade decision. For example, suppose you find that BIONTECH has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
BIONTECH regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If BIONTECH stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BIONTECH stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BIONTECH stock over time.
Current vs Lagged Prices |
| Timeline |
BIONTECH Lagged Returns
When evaluating BIONTECH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BIONTECH stock have on its future price. BIONTECH autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, BIONTECH autocorrelation shows the relationship between BIONTECH stock current value and its past values and can show if there is a momentum factor associated with investing in BIONTECH SE DRN.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in BIONTECH Stock
BIONTECH financial ratios help investors to determine whether BIONTECH Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BIONTECH with respect to the benefits of owning BIONTECH security.