Bioter SA (Greece) Market Value
| BIOT Stock | EUR 0.28 0.00 0.00% |
| Symbol | Bioter |
Bioter SA '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 Bioter SA'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 Bioter SA.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Bioter SA on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Bioter SA or generate 0.0% return on investment in Bioter SA over 390 days. Bioter SA is related to or competes with GEK TERNA, Avax SA, Technical Olympic, and Ekter SA. Bioter S.A. operates as a construction company in Greece and internationally More
Bioter SA 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 Bioter SA'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 Bioter SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.74 | |||
| Information Ratio | 0.0353 | |||
| Maximum Drawdown | 25.16 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 7.69 |
Bioter SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bioter SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bioter SA's standard deviation. In reality, there are many statistical measures that can use Bioter SA historical prices to predict the future Bioter SA's volatility.| Risk Adjusted Performance | 0.0527 | |||
| Jensen Alpha | 0.2841 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0158 | |||
| Treynor Ratio | (0.90) |
Bioter SA Backtested Returns
Bioter SA appears to be out of control, given 3 months investment horizon. Bioter SA secures Sharpe Ratio (or Efficiency) of 0.0488, which signifies that the company had a 0.0488% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Bioter SA, which you can use to evaluate the volatility of the firm. Please makes use of Bioter SA's Risk Adjusted Performance of 0.0527, downside deviation of 9.74, and Mean Deviation of 2.25 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bioter SA holds a performance score of 3. The firm shows a Beta (market volatility) of -0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Bioter SA are expected to decrease at a much lower rate. During the bear market, Bioter SA is likely to outperform the market. Please check Bioter SA's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Bioter SA's price patterns will revert.
Auto-correlation | -0.05 |
Very weak reverse predictability
Bioter SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Bioter SA time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bioter SA price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Bioter SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Bioter SA lagged returns against current returns
Autocorrelation, which is Bioter SA 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 Bioter SA's stock expected returns. We can calculate the autocorrelation of Bioter SA returns to help us make a trade decision. For example, suppose you find that Bioter SA 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 |
Bioter SA 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 Bioter SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bioter SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bioter SA stock over time.
Current vs Lagged Prices |
| Timeline |
Bioter SA Lagged Returns
When evaluating Bioter SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bioter SA stock have on its future price. Bioter SA 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, Bioter SA autocorrelation shows the relationship between Bioter SA stock current value and its past values and can show if there is a momentum factor associated with investing in Bioter SA.
Regressed Prices |
| Timeline |
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Additional Tools for Bioter Stock Analysis
When running Bioter SA's price analysis, check to measure Bioter SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bioter SA is operating at the current time. Most of Bioter SA's value examination focuses on studying past and present price action to predict the probability of Bioter SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bioter SA's price. Additionally, you may evaluate how the addition of Bioter SA to your portfolios can decrease your overall portfolio volatility.