Biote Corp Stock Market Value
| BTMD Stock | USD 6.20 0.17 2.82% |
| Symbol | Biote |
Is Pharmaceutical Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Biote Corp. If investors know Biote will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Biote Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of biote Corp is measured differently than its book value, which is the value of Biote that is recorded on the company's balance sheet. Investors also form their own opinion of Biote Corp's value that differs from its market value or its book value, called intrinsic value, which is Biote Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Biote Corp's market value can be influenced by many factors that don't directly affect Biote Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Biote Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biote Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biote Corp'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.
Biote Corp '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 Biote Corp'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 Biote Corp.
| 07/09/2024 |
| 01/05/2025 |
If you would invest 0.00 in Biote Corp on July 9, 2024 and sell it all today you would earn a total of 0.00 from holding biote Corp or generate 0.0% return on investment in Biote Corp over 180 days. Biote Corp is related to or competes with Encompass Health, Pennant, Ensign, InnovAge Holding, ModivCare, Acadia Healthcare, and Amedisys. biote Corp. operates in medical practice-building business within the hormone optimization space More
Biote Corp 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 Biote Corp'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 biote Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.18 | |||
| Information Ratio | 0.0806 | |||
| Maximum Drawdown | 39.7 | |||
| Value At Risk | (4.33) | |||
| Potential Upside | 6.02 |
Biote Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Biote Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Biote Corp's standard deviation. In reality, there are many statistical measures that can use Biote Corp historical prices to predict the future Biote Corp's volatility.| Risk Adjusted Performance | 0.0774 | |||
| Jensen Alpha | 0.386 | |||
| Total Risk Alpha | 0.332 | |||
| Sortino Ratio | 0.0942 | |||
| Treynor Ratio | 0.2467 |
biote Corp Backtested Returns
Biote Corp appears to be slightly risky, given 3 months investment horizon. biote Corp secures Sharpe Ratio (or Efficiency) of 0.0852, which signifies that the company had a 0.0852% return per unit of risk over the last 3 months. We have found thirty technical indicators for biote Corp, which you can use to evaluate the volatility of the firm. Please makes use of Biote Corp's Risk Adjusted Performance of 0.0774, semi deviation of 3.76, and Downside Deviation of 4.18 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Biote Corp holds a performance score of 6. The firm shows a Beta (market volatility) of 1.65, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Biote Corp will likely underperform. Please check Biote Corp's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Biote Corp's price patterns will revert.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
biote Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Biote Corp time series from 9th of July 2024 to 7th of October 2024 and 7th of October 2024 to 5th of January 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 biote Corp price movement. The serial correlation of -0.73 indicates that around 73.0% of current Biote Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
biote Corp lagged returns against current returns
Autocorrelation, which is Biote Corp 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 Biote Corp's stock expected returns. We can calculate the autocorrelation of Biote Corp returns to help us make a trade decision. For example, suppose you find that Biote Corp 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 |
Biote Corp 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 Biote Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Biote Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Biote Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Biote Corp Lagged Returns
When evaluating Biote Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Biote Corp stock have on its future price. Biote Corp 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, Biote Corp autocorrelation shows the relationship between Biote Corp stock current value and its past values and can show if there is a momentum factor associated with investing in biote Corp.
Regressed Prices |
| Timeline |
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Check out Biote Corp Correlation, Biote Corp Volatility and Biote Corp Alpha and Beta module to complement your research on Biote Corp. For information on how to trade Biote Stock refer to our How to Trade Biote Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Biote Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.