Bionomics Limited Stock Technical Analysis
BNOEFDelisted Stock | USD 0.01 0.00 0.00% |
As of the 16th of December 2024, Bionomics shows the Mean Deviation of 23.9, risk adjusted performance of 0.0974, and Downside Deviation of 26.98. Bionomics Limited technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Bionomics Limited information ratio and the relationship between the maximum drawdown and skewness to decide if Bionomics Limited is priced correctly, providing market reflects its regular price of 0.0131 per share. As Bionomics Limited appears to be a penny stock we also recommend to validate its total risk alpha numbers.
Bionomics Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bionomics, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BionomicsBionomics |
Bionomics technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Bionomics Limited Technical Analysis
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Bionomics Limited Trend Analysis
Use this graph to draw trend lines for Bionomics Limited. You can use it to identify possible trend reversals for Bionomics as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Bionomics price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Bionomics Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Bionomics Limited applied against its price change over selected period. The best fit line has a slop of 0.0002 , which may suggest that Bionomics Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Bionomics price change compared to its average price change.About Bionomics Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Bionomics Limited on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Bionomics Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bionomics Limited price pattern first instead of the macroeconomic environment surrounding Bionomics Limited. By analyzing Bionomics's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Bionomics's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Bionomics specific price patterns or momentum indicators. Please read more on our technical analysis page.
Bionomics December 16, 2024 Technical Indicators
Most technical analysis of Bionomics help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Bionomics from various momentum indicators to cycle indicators. When you analyze Bionomics charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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Volume Indicators |
Risk Adjusted Performance | 0.0974 | |||
Market Risk Adjusted Performance | (0.53) | |||
Mean Deviation | 23.9 | |||
Semi Deviation | 19.78 | |||
Downside Deviation | 26.98 | |||
Coefficient Of Variation | 827.29 | |||
Standard Deviation | 35.17 | |||
Variance | 1236.7 | |||
Information Ratio | 0.118 | |||
Jensen Alpha | 4.95 | |||
Total Risk Alpha | (0.13) | |||
Sortino Ratio | 0.1538 | |||
Treynor Ratio | (0.54) | |||
Maximum Drawdown | 181.72 | |||
Value At Risk | (43.33) | |||
Potential Upside | 86.34 | |||
Downside Variance | 728.03 | |||
Semi Variance | 391.34 | |||
Expected Short fall | (43.50) | |||
Skewness | 1.52 | |||
Kurtosis | 3.02 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Other Consideration for investing in Bionomics Pink Sheet
If you are still planning to invest in Bionomics Limited check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Bionomics' history and understand the potential risks before investing.
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