Bio Meat (Israel) Market Value
| BIMT Stock | 27.50 0.10 0.36% |
| Symbol | Bio |
Bio Meat '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 Bio Meat'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 Bio Meat.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Bio Meat on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Bio Meat Foodtech or generate 0.0% return on investment in Bio Meat over 90 days. Bio Meat is related to or competes with Harel Insurance, Gamatronic Electronic, Elron Electronic, RSL Electronics, Shagrir Group, and Alrov Properties. More
Bio Meat 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 Bio Meat'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 Bio Meat Foodtech upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.66 | |||
| Information Ratio | 0.0994 | |||
| Maximum Drawdown | 42.16 | |||
| Value At Risk | (8.04) | |||
| Potential Upside | 13.13 |
Bio Meat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bio Meat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bio Meat's standard deviation. In reality, there are many statistical measures that can use Bio Meat historical prices to predict the future Bio Meat's volatility.| Risk Adjusted Performance | 0.083 | |||
| Jensen Alpha | 0.6556 | |||
| Total Risk Alpha | 1.46 | |||
| Sortino Ratio | 0.1229 | |||
| Treynor Ratio | 0.9234 |
Bio Meat Foodtech Backtested Returns
Bio Meat appears to be somewhat reliable, given 3 months investment horizon. Bio Meat Foodtech secures Sharpe Ratio (or Efficiency) of 0.0803, which signifies that the company had a 0.0803 % return per unit of risk over the last 3 months. By analyzing Bio Meat's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please makes use of Bio Meat's Mean Deviation of 4.55, risk adjusted performance of 0.083, and Downside Deviation of 5.66 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bio Meat holds a performance score of 6. The firm shows a Beta (market volatility) of 0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bio Meat's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bio Meat is expected to be smaller as well. Please check Bio Meat's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Bio Meat's price patterns will revert.
Auto-correlation | -0.65 |
Very good reverse predictability
Bio Meat Foodtech has very good reverse predictability. Overlapping area represents the amount of predictability between Bio Meat time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Bio Meat Foodtech price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Bio Meat price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 21.39 |
Bio Meat Foodtech lagged returns against current returns
Autocorrelation, which is Bio Meat 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 Bio Meat's stock expected returns. We can calculate the autocorrelation of Bio Meat returns to help us make a trade decision. For example, suppose you find that Bio Meat 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 |
Bio Meat 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 Bio Meat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bio Meat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bio Meat stock over time.
Current vs Lagged Prices |
| Timeline |
Bio Meat Lagged Returns
When evaluating Bio Meat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bio Meat stock have on its future price. Bio Meat 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, Bio Meat autocorrelation shows the relationship between Bio Meat stock current value and its past values and can show if there is a momentum factor associated with investing in Bio Meat Foodtech.
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 Bio Stock
Bio Meat financial ratios help investors to determine whether Bio 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 Bio with respect to the benefits of owning Bio Meat security.