Biomedix Incubator (Israel) Market Value
| BMDX Stock | ILS 19,760 490.00 2.54% |
| Symbol | Biomedix |
Biomedix Incubator '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 Biomedix Incubator'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 Biomedix Incubator.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Biomedix Incubator on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Biomedix Incubator or generate 0.0% return on investment in Biomedix Incubator over 180 days. Biomedix Incubator is related to or competes with Nice, Gold Bond, Bank Leumi, ICL Israel, Mizrahi Tefahot, Azrieli, and Elbit Systems. Biomedix Incubator Ltd is a venture capital firm and accelerator specializing in start-up and incubation investments More
Biomedix Incubator 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 Biomedix Incubator'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 Biomedix Incubator upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.03 | |||
| Information Ratio | 0.0435 | |||
| Maximum Drawdown | 23.26 | |||
| Value At Risk | (7.31) | |||
| Potential Upside | 7.6 |
Biomedix Incubator Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Biomedix Incubator's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Biomedix Incubator's standard deviation. In reality, there are many statistical measures that can use Biomedix Incubator historical prices to predict the future Biomedix Incubator's volatility.| Risk Adjusted Performance | 0.0654 | |||
| Jensen Alpha | 0.2927 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0381 | |||
| Treynor Ratio | 1.53 |
Biomedix Incubator Backtested Returns
Biomedix Incubator appears to be very steady, given 3 months investment horizon. Biomedix Incubator secures Sharpe Ratio (or Efficiency) of 0.0688, which signifies that the company had a 0.0688% return per unit of risk over the last 3 months. We have found thirty technical indicators for Biomedix Incubator, which you can use to evaluate the volatility of the firm. Please makes use of Biomedix Incubator's Mean Deviation of 3.24, downside deviation of 5.03, and Risk Adjusted Performance of 0.0654 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Biomedix Incubator holds a performance score of 5. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Biomedix Incubator's returns are expected to increase less than the market. However, during the bear market, the loss of holding Biomedix Incubator is expected to be smaller as well. Please check Biomedix Incubator's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Biomedix Incubator's price patterns will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
Biomedix Incubator has weak reverse predictability. Overlapping area represents the amount of predictability between Biomedix Incubator time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st 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 Biomedix Incubator price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Biomedix Incubator price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 3.8 M |
Biomedix Incubator lagged returns against current returns
Autocorrelation, which is Biomedix Incubator 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 Biomedix Incubator's stock expected returns. We can calculate the autocorrelation of Biomedix Incubator returns to help us make a trade decision. For example, suppose you find that Biomedix Incubator 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 |
Biomedix Incubator 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 Biomedix Incubator stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Biomedix Incubator stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Biomedix Incubator stock over time.
Current vs Lagged Prices |
| Timeline |
Biomedix Incubator Lagged Returns
When evaluating Biomedix Incubator's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Biomedix Incubator stock have on its future price. Biomedix Incubator 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, Biomedix Incubator autocorrelation shows the relationship between Biomedix Incubator stock current value and its past values and can show if there is a momentum factor associated with investing in Biomedix Incubator.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Biomedix Stock
Biomedix Incubator financial ratios help investors to determine whether Biomedix 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 Biomedix with respect to the benefits of owning Biomedix Incubator security.