Biomx Inc Stock Market Value
| PHGE Stock | USD 0.73 0.02 2.82% |
| Symbol | Biomx |
Biomx Inc Price To Book Ratio
Is Biotechnology 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 Biomx. If investors know Biomx 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 Biomx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.26) | Return On Assets (0.33) | Return On Equity (1.21) |
The market value of Biomx Inc is measured differently than its book value, which is the value of Biomx that is recorded on the company's balance sheet. Investors also form their own opinion of Biomx's value that differs from its market value or its book value, called intrinsic value, which is Biomx'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 Biomx's market value can be influenced by many factors that don't directly affect Biomx'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 Biomx's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biomx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biomx'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.
Biomx '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 Biomx'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 Biomx.
| 10/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in Biomx on October 4, 2024 and sell it all today you would earn a total of 0.00 from holding Biomx Inc or generate 0.0% return on investment in Biomx over 60 days. Biomx is related to or competes with ZyVersa Therapeutics, Immix Biopharma, Cns Pharmaceuticals, and Sonnet Biotherapeutics. BiomX Inc., a clinical-stage microbiome company, develops products using natural and engineered phage technologies desig... More
Biomx 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 Biomx'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 Biomx Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 24.2 | |||
| Value At Risk | (7.38) | |||
| Potential Upside | 6.86 |
Biomx Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Biomx's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Biomx's standard deviation. In reality, there are many statistical measures that can use Biomx historical prices to predict the future Biomx's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.86) | |||
| Total Risk Alpha | (1.49) | |||
| Treynor Ratio | (0.49) |
Biomx Inc Backtested Returns
Biomx Inc secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Biomx Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Biomx's Mean Deviation of 3.93, risk adjusted performance of (0.09), and Standard Deviation of 5.3 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.41, 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, Biomx will likely underperform. At this point, Biomx Inc has a negative expected return of -0.57%. Please make sure to confirm Biomx's potential upside and the relationship between the accumulation distribution and price action indicator , to decide if Biomx Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.06 |
Virtually no predictability
Biomx Inc has virtually no predictability. Overlapping area represents the amount of predictability between Biomx time series from 4th of October 2024 to 3rd of November 2024 and 3rd of November 2024 to 3rd 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 Biomx Inc price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Biomx price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Biomx Inc lagged returns against current returns
Autocorrelation, which is Biomx 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 Biomx's stock expected returns. We can calculate the autocorrelation of Biomx returns to help us make a trade decision. For example, suppose you find that Biomx 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 |
Biomx 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 Biomx stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Biomx stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Biomx stock over time.
Current vs Lagged Prices |
| Timeline |
Biomx Lagged Returns
When evaluating Biomx's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Biomx stock have on its future price. Biomx 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, Biomx autocorrelation shows the relationship between Biomx stock current value and its past values and can show if there is a momentum factor associated with investing in Biomx Inc.
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.When determining whether Biomx Inc is a strong investment it is important to analyze Biomx's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Biomx's future performance. For an informed investment choice regarding Biomx Stock, refer to the following important reports:Check out Biomx Correlation, Biomx Volatility and Biomx Alpha and Beta module to complement your research on Biomx. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Biomx 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.