Bio Works (Sweden) Market Value

BIOWKS Stock  SEK 1.45  0.10  6.45%   
Bio Works' market value is the price at which a share of Bio Works trades on a public exchange. It measures the collective expectations of Bio Works Technologies AB investors about its performance. Bio Works is trading at 1.45 as of the 18th of March 2025, a 6.45 percent decrease since the beginning of the trading day. The stock's open price was 1.55.
With this module, you can estimate the performance of a buy and hold strategy of Bio Works Technologies AB and determine expected loss or profit from investing in Bio Works over a given investment horizon. Check out Bio Works Correlation, Bio Works Volatility and Bio Works Alpha and Beta module to complement your research on Bio Works.
Symbol

Please note, there is a significant difference between Bio Works' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bio Works is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bio Works' 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 Works '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 Works' 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 Works.
0.00
12/18/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/18/2025
0.00
If you would invest  0.00  in Bio Works on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Bio Works Technologies AB or generate 0.0% return on investment in Bio Works over 90 days. Bio Works is related to or competes with Genovis AB, Cantargia, Intervacc, C Rad, and Xbrane Biopharma. Bio-Works Technologies AB researches, develops, manufactures, and supplies agarose based resins used to separate protein... More

Bio Works 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 Works' 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 Works Technologies AB upside and downside potential and time the market with a certain degree of confidence.

Bio Works Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bio Works' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bio Works' standard deviation. In reality, there are many statistical measures that can use Bio Works historical prices to predict the future Bio Works' volatility.
Hype
Prediction
LowEstimatedHigh
0.071.456.72
Details
Intrinsic
Valuation
LowRealHigh
0.071.326.59
Details

Bio Works Technologies Backtested Returns

Bio Works is dangerous given 3 months investment horizon. Bio Works Technologies secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22 % return per unit of risk over the last 3 months. We were able to break down and interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.19% are justified by taking the suggested risk. Use Bio Works Downside Deviation of 4.61, risk adjusted performance of 0.2056, and Mean Deviation of 3.89 to evaluate company specific risk that cannot be diversified away. Bio Works holds a performance score of 17 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.85, which signifies possible diversification benefits within a given portfolio. Bio Works returns are very sensitive to returns on the market. As the market goes up or down, Bio Works is expected to follow. Use Bio Works semi variance, and the relationship between the treynor ratio and daily balance of power , to analyze future returns on Bio Works.

Auto-correlation

    
  0.75  

Good predictability

Bio Works Technologies AB has good predictability. Overlapping area represents the amount of predictability between Bio Works 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 Works Technologies price movement. The serial correlation of 0.75 indicates that around 75.0% of current Bio Works price fluctuation can be explain by its past prices.
Correlation Coefficient0.75
Spearman Rank Test0.77
Residual Average0.0
Price Variance0.03

Bio Works Technologies lagged returns against current returns

Autocorrelation, which is Bio Works 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 Works' stock expected returns. We can calculate the autocorrelation of Bio Works returns to help us make a trade decision. For example, suppose you find that Bio Works 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 Works 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 Works stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bio Works stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bio Works stock over time.
   Current vs Lagged Prices   
       Timeline  

Bio Works Lagged Returns

When evaluating Bio Works' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bio Works stock have on its future price. Bio Works 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 Works autocorrelation shows the relationship between Bio Works stock current value and its past values and can show if there is a momentum factor associated with investing in Bio Works Technologies AB.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Other Information on Investing in Bio Stock

Bio Works 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 Works security.