Bavarian Nordic As Stock Market Value
| BVNRY Stock | USD 8.84 0.12 1.34% |
| Symbol | Bavarian |
Bavarian Nordic '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 Bavarian Nordic's 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 Bavarian Nordic.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Bavarian Nordic on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Bavarian Nordic AS or generate 0.0% return on investment in Bavarian Nordic over 30 days. Bavarian Nordic is related to or competes with Opthea, Molecular Partners, Edgewise Therapeutics, Iteos Therapeutics, and Antibe Therapeutics. Bavarian Nordic AS develops, manufactures, and commercializes life-saving vaccines More
Bavarian Nordic 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 Bavarian Nordic's 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 Bavarian Nordic AS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 17.81 | |||
| Value At Risk | (4.54) | |||
| Potential Upside | 3.1 |
Bavarian Nordic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bavarian Nordic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bavarian Nordic's standard deviation. In reality, there are many statistical measures that can use Bavarian Nordic historical prices to predict the future Bavarian Nordic's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | 0.906 |
Bavarian Nordic AS Backtested Returns
Bavarian Nordic AS secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Bavarian Nordic AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bavarian Nordic's Risk Adjusted Performance of (0.11), standard deviation of 2.88, and Mean Deviation of 1.99 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.49, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Bavarian Nordic are expected to decrease at a much lower rate. During the bear market, Bavarian Nordic is likely to outperform the market. At this point, Bavarian Nordic AS has a negative expected return of -0.41%. Please make sure to confirm Bavarian Nordic's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Bavarian Nordic AS performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.36 |
Poor reverse predictability
Bavarian Nordic AS has poor reverse predictability. Overlapping area represents the amount of predictability between Bavarian Nordic time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Bavarian Nordic AS price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Bavarian Nordic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Bavarian Nordic AS lagged returns against current returns
Autocorrelation, which is Bavarian Nordic 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 Bavarian Nordic's pink sheet expected returns. We can calculate the autocorrelation of Bavarian Nordic returns to help us make a trade decision. For example, suppose you find that Bavarian Nordic 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 |
Bavarian Nordic 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 Bavarian Nordic pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bavarian Nordic pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bavarian Nordic pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Bavarian Nordic Lagged Returns
When evaluating Bavarian Nordic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bavarian Nordic pink sheet have on its future price. Bavarian Nordic 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, Bavarian Nordic autocorrelation shows the relationship between Bavarian Nordic pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Bavarian Nordic AS.
Regressed Prices |
| Timeline |
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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.Additional Tools for Bavarian Pink Sheet Analysis
When running Bavarian Nordic's price analysis, check to measure Bavarian Nordic's 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 Bavarian Nordic is operating at the current time. Most of Bavarian Nordic's value examination focuses on studying past and present price action to predict the probability of Bavarian Nordic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bavarian Nordic's price. Additionally, you may evaluate how the addition of Bavarian Nordic to your portfolios can decrease your overall portfolio volatility.