Bio Meat (Israel) Market Value

BIMT Stock   27.50  0.10  0.36%   
Bio Meat's market value is the price at which a share of Bio Meat trades on a public exchange. It measures the collective expectations of Bio Meat Foodtech investors about its performance. Bio Meat is trading at 27.50 as of the 18th of March 2025, a 0.36% down since the beginning of the trading day. The stock's open price was 27.6.
With this module, you can estimate the performance of a buy and hold strategy of Bio Meat Foodtech and determine expected loss or profit from investing in Bio Meat over a given investment horizon. Check out Bio Meat Correlation, Bio Meat Volatility and Bio Meat Alpha and Beta module to complement your research on Bio Meat.
Symbol

Please note, there is a significant difference between Bio Meat's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bio Meat is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bio Meat's 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.

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.
0.00
12/18/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/18/2025
0.00
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.

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.
Hype
Prediction
LowEstimatedHigh
19.7627.5035.24
Details
Intrinsic
Valuation
LowRealHigh
19.0726.8134.55
Details

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 Risk Adjusted Performance of 0.083, downside deviation of 5.66, and Mean Deviation of 4.55 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 total risk alpha, treynor ratio, and 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 Average0.0
Price Variance21.39

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  

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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.