Bioasis Technologies Stock Market Value
| BIOAF Stock | USD 0.0004 0.00 0.00% |
| Symbol | BiOasis |
BiOasis Technologies '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 BiOasis Technologies' 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 BiOasis Technologies.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in BiOasis Technologies on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding biOasis Technologies or generate 0.0% return on investment in BiOasis Technologies over 90 days. BiOasis Technologies is related to or competes with Covalon Technologies, Mosaic Immunoengineerin, Cellectis, Hemogenyx Pharmaceuticals, ProMIS Neurosciences, and Fennec Pharmaceuticals. Bioasis Technologies Inc., a development stage biopharmaceutical company, engages in the research and development of pro... More
BiOasis Technologies 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 BiOasis Technologies' 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 biOasis Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1373 | |||
| Maximum Drawdown | 300.0 |
BiOasis Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BiOasis Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BiOasis Technologies' standard deviation. In reality, there are many statistical measures that can use BiOasis Technologies historical prices to predict the future BiOasis Technologies' volatility.| Risk Adjusted Performance | 0.1271 | |||
| Jensen Alpha | 4.89 | |||
| Total Risk Alpha | 10.22 | |||
| Treynor Ratio | (1.43) |
biOasis Technologies Backtested Returns
BiOasis Technologies is out of control given 3 months investment horizon. biOasis Technologies 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. We were able to analyze seventeen different technical indicators, which can help you to evaluate if expected returns of 5.56% are justified by taking the suggested risk. Use BiOasis Technologies Risk Adjusted Performance of 0.1271, coefficient of variation of 742.02, and Mean Deviation of 11.8 to evaluate company specific risk that cannot be diversified away. BiOasis Technologies holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -3.71, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning BiOasis Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, BiOasis Technologies is expected to outperform it. Use BiOasis Technologies maximum drawdown, as well as the relationship between the rate of daily change and relative strength index , to analyze future returns on BiOasis Technologies.
Auto-correlation | 0.55 |
Modest predictability
biOasis Technologies has modest predictability. Overlapping area represents the amount of predictability between BiOasis Technologies time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 biOasis Technologies price movement. The serial correlation of 0.55 indicates that about 55.0% of current BiOasis Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
biOasis Technologies lagged returns against current returns
Autocorrelation, which is BiOasis Technologies 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 BiOasis Technologies' pink sheet expected returns. We can calculate the autocorrelation of BiOasis Technologies returns to help us make a trade decision. For example, suppose you find that BiOasis Technologies 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 |
BiOasis Technologies 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 BiOasis Technologies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BiOasis Technologies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BiOasis Technologies pink sheet over time.
Current vs Lagged Prices |
| Timeline |
BiOasis Technologies Lagged Returns
When evaluating BiOasis Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BiOasis Technologies pink sheet have on its future price. BiOasis Technologies 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, BiOasis Technologies autocorrelation shows the relationship between BiOasis Technologies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in biOasis Technologies.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BiOasis Pink Sheet
BiOasis Technologies financial ratios help investors to determine whether BiOasis 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 BiOasis with respect to the benefits of owning BiOasis Technologies security.