Bionomics Ltd Adr Stock Alpha and Beta Analysis
| BNOX Stock | USD 0.30 0.02 7.14% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Bionomics Ltd ADR. It also helps investors analyze the systematic and unsystematic risks associated with investing in Bionomics over a specified time horizon. Remember, high Bionomics' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Bionomics' market risk premium analysis include:
Beta 1.28 | Alpha 0.25 | Risk 23.12 | Sharpe Ratio 0.0247 | Expected Return 0.57 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Bionomics |
Bionomics Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Bionomics market risk premium is the additional return an investor will receive from holding Bionomics long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Bionomics. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Bionomics' performance over market.| α | 0.25 | β | 1.28 |
Bionomics expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Bionomics' Buy-and-hold return. Our buy-and-hold chart shows how Bionomics performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Bionomics Market Price Analysis
Market price analysis indicators help investors to evaluate how Bionomics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bionomics shares will generate the highest return on investment. By understating and applying Bionomics stock market price indicators, traders can identify Bionomics position entry and exit signals to maximize returns.
Bionomics Return and Market Media
The median price of Bionomics for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 0.32 with a coefficient of variation of 42.17. The daily time series for the period is distributed with a sample standard deviation of 0.17, arithmetic mean of 0.41, and mean deviation of 0.16. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Bionomics plans U.S. re-domiciliation for strategic growth - Investing.com | 10/01/2024 |
2 | Bionomics to Participate in the 2024 Maxim Healthcare Virtual Summit, Presented by Maxim Group LLC | 10/14/2024 |
3 | Disposition of 100000 shares by Wilson David Ian of Bionomics at 0.2866 subject to Rule 16b-3 | 10/25/2024 |
4 | Bionomics Limited Short Interest Update | 10/28/2024 |
5 | Why Tesla Shares Are Trading Higher By Around 14 Here Are 20 Stocks Moving Premarket | 11/06/2024 |
6 | ARMISTICE CAPITAL, LLC Increases Stake in Bionomics Ltd | 11/15/2024 |
7 | U.S. stocks higher at close of trade Dow Jones Industrial Average up 0.88 percent - MSN | 11/21/2024 |
About Bionomics Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Bionomics or other stocks. Alpha measures the amount that position in Bionomics ADR has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 7.8K | 7.0K | 7.3K | PTB Ratio | 146.34 | 0.59 | 0.56 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bionomics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bionomics' short interest history, or implied volatility extrapolated from Bionomics options trading.
Build Portfolio with Bionomics
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Additional Tools for Bionomics Stock Analysis
When running Bionomics' price analysis, check to measure Bionomics' 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 Bionomics is operating at the current time. Most of Bionomics' value examination focuses on studying past and present price action to predict the probability of Bionomics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bionomics' price. Additionally, you may evaluate how the addition of Bionomics to your portfolios can decrease your overall portfolio volatility.