Bioforce Nanosciences Holdings Stock Market Value
| BFNH Stock | USD 0.75 0.08 11.94% |
| Symbol | BioForce |
BioForce Nanosciences '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 BioForce Nanosciences' pink sheet 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 BioForce Nanosciences.
| 10/11/2023 |
| 01/03/2025 |
If you would invest 0.00 in BioForce Nanosciences on October 11, 2023 and sell it all today you would earn a total of 0.00 from holding BioForce Nanosciences Holdings or generate 0.0% return on investment in BioForce Nanosciences over 450 days. BioForce Nanosciences is related to or competes with Premier Foods, A2 Milk, Artisan Consumer, Avi, BAB, Bioharvest Sciences, and Laird Superfood. BioForce Nanosciences Holdings, Inc. focuses on providing natural vitamins, minerals, other nutritional supplements, pow... More
BioForce Nanosciences 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 BioForce Nanosciences' pink sheet 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 BioForce Nanosciences Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 23.18 | |||
| Information Ratio | 0.013 | |||
| Maximum Drawdown | 67.37 | |||
| Value At Risk | (17.43) | |||
| Potential Upside | 15.69 |
BioForce Nanosciences Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BioForce Nanosciences' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BioForce Nanosciences' standard deviation. In reality, there are many statistical measures that can use BioForce Nanosciences historical prices to predict the future BioForce Nanosciences' volatility.| Risk Adjusted Performance | 0.0205 | |||
| Jensen Alpha | 0.1974 | |||
| Total Risk Alpha | 0.1689 | |||
| Sortino Ratio | 0.0085 | |||
| Treynor Ratio | 0.1593 |
BioForce Nanosciences Backtested Returns
BioForce Nanosciences appears to be out of control, given 3 months investment horizon. BioForce Nanosciences secures Sharpe Ratio (or Efficiency) of 0.0405, which signifies that the company had a 0.0405% return per unit of risk over the last 3 months. By analyzing BioForce Nanosciences' technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of BioForce Nanosciences' Risk Adjusted Performance of 0.0205, mean deviation of 5.38, and Downside Deviation of 23.18 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, BioForce Nanosciences holds a performance score of 3. The firm shows a Beta (market volatility) of 1.25, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BioForce Nanosciences will likely underperform. Please check BioForce Nanosciences' sortino ratio and the relationship between the potential upside and day median price , to make a quick decision on whether BioForce Nanosciences' price patterns will revert.
Auto-correlation | 0.51 |
Modest predictability
BioForce Nanosciences Holdings has modest predictability. Overlapping area represents the amount of predictability between BioForce Nanosciences time series from 11th of October 2023 to 23rd of May 2024 and 23rd of May 2024 to 3rd of January 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 BioForce Nanosciences price movement. The serial correlation of 0.51 indicates that about 51.0% of current BioForce Nanosciences price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
BioForce Nanosciences lagged returns against current returns
Autocorrelation, which is BioForce Nanosciences pink sheet'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 BioForce Nanosciences' pink sheet expected returns. We can calculate the autocorrelation of BioForce Nanosciences returns to help us make a trade decision. For example, suppose you find that BioForce Nanosciences has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
BioForce Nanosciences 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 BioForce Nanosciences pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BioForce Nanosciences pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BioForce Nanosciences pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BioForce Nanosciences Lagged Returns
When evaluating BioForce Nanosciences' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BioForce Nanosciences pink sheet have on its future price. BioForce Nanosciences 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, BioForce Nanosciences autocorrelation shows the relationship between BioForce Nanosciences pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BioForce Nanosciences Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BioForce Pink Sheet
BioForce Nanosciences financial ratios help investors to determine whether BioForce Pink Sheet 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 BioForce with respect to the benefits of owning BioForce Nanosciences security.