BioForce Nanosciences' market value is the price at which a share of BioForce Nanosciences trades on a public exchange. It measures the collective expectations of BioForce Nanosciences Holdings investors about its performance. BioForce Nanosciences is trading at 0.34 as of the 1st of January 2025. This is a 42.37 percent decrease since the beginning of the trading day. The stock's open price was 0.59. With this module, you can estimate the performance of a buy and hold strategy of BioForce Nanosciences Holdings and determine expected loss or profit from investing in BioForce Nanosciences over a given investment horizon. Check out BioForce Nanosciences Correlation, BioForce Nanosciences Volatility and BioForce Nanosciences Alpha and Beta module to complement your research on BioForce Nanosciences.
Please note, there is a significant difference between BioForce Nanosciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if BioForce Nanosciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BioForce Nanosciences' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
0.00
12/02/2024
No Change 0.00
0.0
In 30 days
01/01/2025
0.00
If you would invest 0.00 in BioForce Nanosciences on December 2, 2024 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 30 days. BioForce Nanosciences is related to or competes with Bit Origin, Blue Star, Better Choice, and Stryve Foods. 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.
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.
BioForce Nanosciences secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. BioForce Nanosciences Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BioForce Nanosciences' Mean Deviation of 3.78, standard deviation of 7.77, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.24, 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. At this point, BioForce Nanosciences has a negative expected return of -1.34%. Please make sure to confirm BioForce Nanosciences' maximum drawdown, as well as the relationship between the daily balance of power and price action indicator , to decide if BioForce Nanosciences performance from the past will be repeated at some point in the near future.
Auto-correlation
0.23
Weak predictability
BioForce Nanosciences Holdings has weak predictability. Overlapping area represents the amount of predictability between BioForce Nanosciences time series from 2nd of December 2024 to 17th of December 2024 and 17th of December 2024 to 1st 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 0.23 indicates that over 23.0% of current BioForce Nanosciences price fluctuation can be explain by its past prices.
Correlation Coefficient
0.23
Spearman Rank Test
-0.07
Residual Average
0.0
Price Variance
0.05
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.
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.