Bioscience Animal (Thailand) Market Value

BIS Stock   2.80  0.02  0.72%   
Bioscience Animal's market value is the price at which a share of Bioscience Animal trades on a public exchange. It measures the collective expectations of Bioscience Animal Health investors about its performance. Bioscience Animal is selling for 2.80 as of the 2nd of March 2025. This is a 0.72 percent up since the beginning of the trading day. The stock's last reported lowest price was 2.7.
With this module, you can estimate the performance of a buy and hold strategy of Bioscience Animal Health and determine expected loss or profit from investing in Bioscience Animal over a given investment horizon. Check out Bioscience Animal Correlation, Bioscience Animal Volatility and Bioscience Animal Alpha and Beta module to complement your research on Bioscience Animal.
Symbol

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

Bioscience Animal '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 Bioscience Animal'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 Bioscience Animal.
0.00
01/31/2025
No Change 0.00  0.0 
In 31 days
03/02/2025
0.00
If you would invest  0.00  in Bioscience Animal on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Bioscience Animal Health or generate 0.0% return on investment in Bioscience Animal over 30 days. Bioscience Animal is related to or competes with Chamni Eye, CAZ Public, and Siam Global. More

Bioscience Animal 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 Bioscience Animal'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 Bioscience Animal Health upside and downside potential and time the market with a certain degree of confidence.

Bioscience Animal Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bioscience Animal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bioscience Animal's standard deviation. In reality, there are many statistical measures that can use Bioscience Animal historical prices to predict the future Bioscience Animal's volatility.
Hype
Prediction
LowEstimatedHigh
0.142.806.04
Details
Intrinsic
Valuation
LowRealHigh
0.132.665.90
Details
Naive
Forecast
LowNextHigh
0.062.826.06
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.612.732.85
Details

Bioscience Animal Health Backtested Returns

Bioscience Animal Health secures Sharpe Ratio (or Efficiency) of -0.0622, which signifies that the company had a -0.0622 % return per unit of risk over the last 3 months. Bioscience Animal Health exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bioscience Animal's Mean Deviation of 2.42, risk adjusted performance of (0.05), and Standard Deviation of 3.13 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.62, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bioscience Animal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bioscience Animal is expected to be smaller as well. At this point, Bioscience Animal Health has a negative expected return of -0.2%. Please make sure to confirm Bioscience Animal's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Bioscience Animal Health performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.33  

Poor reverse predictability

Bioscience Animal Health has poor reverse predictability. Overlapping area represents the amount of predictability between Bioscience Animal time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 Bioscience Animal Health price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Bioscience Animal price fluctuation can be explain by its past prices.
Correlation Coefficient-0.33
Spearman Rank Test-0.04
Residual Average0.0
Price Variance0.0

Bioscience Animal Health lagged returns against current returns

Autocorrelation, which is Bioscience Animal 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 Bioscience Animal's stock expected returns. We can calculate the autocorrelation of Bioscience Animal returns to help us make a trade decision. For example, suppose you find that Bioscience Animal 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  

Bioscience Animal 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 Bioscience Animal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bioscience Animal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bioscience Animal stock over time.
   Current vs Lagged Prices   
       Timeline  

Bioscience Animal Lagged Returns

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

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Other Information on Investing in Bioscience Stock

Bioscience Animal financial ratios help investors to determine whether Bioscience 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 Bioscience with respect to the benefits of owning Bioscience Animal security.