Biocube Stock Market Value
| BICB Stock | USD 0.0002 0.00 0.00% |
| Symbol | BioCube |
BioCube '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 BioCube's 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 BioCube.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in BioCube on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding BioCube or generate 0.0% return on investment in BioCube over 30 days. BioCube, Inc., a development stage company, focuses on the development and marketing of lithium ion batteries in North A... More
BioCube 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 BioCube's 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 BioCube upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 91.67 |
BioCube Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BioCube's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BioCube's standard deviation. In reality, there are many statistical measures that can use BioCube historical prices to predict the future BioCube's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (1.40) | |||
| Total Risk Alpha | (1.39) | |||
| Treynor Ratio | 2.21 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BioCube's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BioCube Backtested Returns
We have found sixteen technical indicators for BioCube, which you can use to evaluate the volatility of the firm. Please confirm BioCube's Standard Deviation of 11.28, risk adjusted performance of (0.09), and Mean Deviation of 2.74 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. The firm shows a Beta (market volatility) of -0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning BioCube are expected to decrease at a much lower rate. During the bear market, BioCube is likely to outperform the market. BioCube right now shows a risk of 0.0%. Please confirm BioCube treynor ratio and the relationship between the skewness and day typical price , to decide if BioCube will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
BioCube has no correlation between past and present. Overlapping area represents the amount of predictability between BioCube time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th 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 BioCube price movement. The serial correlation of 0.0 indicates that just 0.0% of current BioCube price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BioCube lagged returns against current returns
Autocorrelation, which is BioCube 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 BioCube's pink sheet expected returns. We can calculate the autocorrelation of BioCube returns to help us make a trade decision. For example, suppose you find that BioCube 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 |
BioCube 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 BioCube pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BioCube pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BioCube pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BioCube Lagged Returns
When evaluating BioCube's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BioCube pink sheet have on its future price. BioCube 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, BioCube autocorrelation shows the relationship between BioCube pink sheet current value and its past values and can show if there is a momentum factor associated with investing in BioCube.
Regressed Prices |
| Timeline |
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Other Information on Investing in BioCube Pink Sheet
BioCube financial ratios help investors to determine whether BioCube 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 BioCube with respect to the benefits of owning BioCube security.