Biotech Medics Ne Stock Market Value
| BMCS Stock | USD 0.01 0 16.67% |
| Symbol | Biotech |
Biotech Medics '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 Biotech Medics' 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 Biotech Medics.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Biotech Medics on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Biotech Medics Ne or generate 0.0% return on investment in Biotech Medics over 90 days. Biotech Medics is related to or competes with ANI Pharmaceuticals, Phibro Animal, Prestige Brand, Alpha Teknova, Lifecore Biomedical, Organogenesis Holdings, and Alkermes Plc. BioTech Medics, Inc. operates as a medical-based holding company More
Biotech Medics 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 Biotech Medics' 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 Biotech Medics Ne upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 34.52 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 10.0 |
Biotech Medics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Biotech Medics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Biotech Medics' standard deviation. In reality, there are many statistical measures that can use Biotech Medics historical prices to predict the future Biotech Medics' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | 0.1479 | |||
| Treynor Ratio | (0.73) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Biotech Medics' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Biotech Medics Ne Backtested Returns
Biotech Medics Ne secures Sharpe Ratio (or Efficiency) of -0.0807, which signifies that the company had a -0.0807 % return per unit of risk over the last 3 months. Biotech Medics Ne exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Biotech Medics' Standard Deviation of 5.91, mean deviation of 3.27, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.81, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Biotech Medics' returns are expected to increase less than the market. However, during the bear market, the loss of holding Biotech Medics is expected to be smaller as well. At this point, Biotech Medics Ne has a negative expected return of -0.48%. Please make sure to confirm Biotech Medics' information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Biotech Medics Ne performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Biotech Medics Ne has insignificant reverse predictability. Overlapping area represents the amount of predictability between Biotech Medics 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 Biotech Medics Ne price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Biotech Medics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Biotech Medics Ne lagged returns against current returns
Autocorrelation, which is Biotech Medics 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 Biotech Medics' pink sheet expected returns. We can calculate the autocorrelation of Biotech Medics returns to help us make a trade decision. For example, suppose you find that Biotech Medics 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 |
Biotech Medics 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 Biotech Medics pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Biotech Medics pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Biotech Medics pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Biotech Medics Lagged Returns
When evaluating Biotech Medics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Biotech Medics pink sheet have on its future price. Biotech Medics 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, Biotech Medics autocorrelation shows the relationship between Biotech Medics pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Biotech Medics Ne.
Regressed Prices |
| Timeline |
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Additional Tools for Biotech Pink Sheet Analysis
When running Biotech Medics' price analysis, check to measure Biotech Medics' 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 Biotech Medics is operating at the current time. Most of Biotech Medics' value examination focuses on studying past and present price action to predict the probability of Biotech Medics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biotech Medics' price. Additionally, you may evaluate how the addition of Biotech Medics to your portfolios can decrease your overall portfolio volatility.