BioGaia AB (Sweden) Market Value
| BIOG-B Stock | SEK 115.40 1.10 0.96% |
| Symbol | BioGaia |
BioGaia AB '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 BioGaia AB'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 BioGaia AB.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in BioGaia AB on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding BioGaia AB or generate 0.0% return on investment in BioGaia AB over 90 days. BioGaia AB is related to or competes with Biotage AB, CellaVision, Sectra AB, and Elekta AB. BioGaia AB develops, markets, and sells probiotic products with documented health benefits worldwide More
BioGaia AB 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 BioGaia AB'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 BioGaia AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | 0.1609 | |||
| Maximum Drawdown | 8.96 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 2.38 |
BioGaia AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BioGaia AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BioGaia AB's standard deviation. In reality, there are many statistical measures that can use BioGaia AB historical prices to predict the future BioGaia AB's volatility.| Risk Adjusted Performance | 0.0901 | |||
| Jensen Alpha | 0.1737 | |||
| Total Risk Alpha | 0.3434 | |||
| Sortino Ratio | 0.184 | |||
| Treynor Ratio | 0.5595 |
BioGaia AB Backtested Returns
At this point, BioGaia AB is very steady. BioGaia AB secures Sharpe Ratio (or Efficiency) of 0.063, which signifies that the company had a 0.063 % return per unit of risk over the last 3 months. We have found thirty technical indicators for BioGaia AB, which you can use to evaluate the volatility of the firm. Please confirm BioGaia AB's Mean Deviation of 1.16, risk adjusted performance of 0.0901, and Downside Deviation of 1.38 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. BioGaia AB has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BioGaia AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding BioGaia AB is expected to be smaller as well. BioGaia AB right now shows a risk of 1.65%. Please confirm BioGaia AB total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if BioGaia AB will be following its price patterns.
Auto-correlation | -0.56 |
Good reverse predictability
BioGaia AB has good reverse predictability. Overlapping area represents the amount of predictability between BioGaia AB time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 BioGaia AB price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current BioGaia AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 23.26 |
BioGaia AB lagged returns against current returns
Autocorrelation, which is BioGaia AB 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 BioGaia AB's stock expected returns. We can calculate the autocorrelation of BioGaia AB returns to help us make a trade decision. For example, suppose you find that BioGaia AB 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 |
BioGaia AB 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 BioGaia AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BioGaia AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BioGaia AB stock over time.
Current vs Lagged Prices |
| Timeline |
BioGaia AB Lagged Returns
When evaluating BioGaia AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BioGaia AB stock have on its future price. BioGaia AB 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, BioGaia AB autocorrelation shows the relationship between BioGaia AB stock current value and its past values and can show if there is a momentum factor associated with investing in BioGaia AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in BioGaia Stock
BioGaia AB financial ratios help investors to determine whether BioGaia 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 BioGaia with respect to the benefits of owning BioGaia AB security.