Biosynex (France) Price on January 19, 2024
ALBIO Stock | EUR 2.78 0.01 0.36% |
If you're considering investing in Biosynex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Biosynex stands at 2.78, as last reported on the 25th of November, with the highest price reaching 2.83 and the lowest price hitting 2.73 during the day. Biosynex secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. Biosynex exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Biosynex's Risk Adjusted Performance of (0.18), mean deviation of 2.79, and Standard Deviation of 4.01 to double-check the risk estimate we provide.
Biosynex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Biosynex |
Sharpe Ratio = -0.2023
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Estimated Market Risk
3.86 actual daily | 34 66% of assets are more volatile |
Expected Return
-0.78 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Biosynex is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Biosynex by adding Biosynex to a well-diversified portfolio.
Biosynex Valuation on January 19, 2024
It is possible to determine the worth of Biosynex on a given historical date. On January 19, 2024 Biosynex was worth 8.58 at the beginning of the trading date compared to the closed value of 8.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biosynex stock. Still, in general, we apply an absolute valuation method to find Biosynex's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Biosynex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biosynex's related companies.
Open | High | Low | Close | Volume | |
8.55 | 8.79 | 8.49 | 8.62 | 4,155 | |
01/19/2024 | 8.58 | 8.58 | 7.74 | 8.01 | 16,273 |
7.93 | 8.17 | 7.78 | 8.09 | 4,413 |
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Biosynex Trading Date Momentum on January 19, 2024
On January 22 2024 Biosynex was traded for 8.09 at the closing time. The highest price during the trading period was 8.17 and the lowest recorded bid was listed for 7.78 . The volume for the day was 4.4 K. This history from January 22, 2024 contributed to the next trading day price gain. The overall trading delta to the next closing price was 1.00% . The overall trading delta to the current price is 0.12% . |
Biosynex Fundamentals Correlations and Trends
By evaluating Biosynex's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Biosynex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Biosynex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Biosynex Stock history
Biosynex investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Biosynex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biosynex will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Biosynex stock prices may prove useful in developing a viable investing in Biosynex
Biosynex SA designs, manufactures, and distributes rapid diagnostic tests in France and internationally. The company was founded in 1993 and is based in Illkirch-Graffenstaden, France. BIOSYNEX is traded on Paris Stock Exchange in France.
Biosynex Stock Technical Analysis
Biosynex 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.
Price Boundaries
Biosynex Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Biosynex cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Biosynex November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Biosynex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biosynex shares will generate the highest return on investment. By undertsting and applying Biosynex stock market strength indicators, traders can identify Biosynex entry and exit signals to maximize returns
Biosynex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Biosynex's price direction in advance. Along with the technical and fundamental analysis of Biosynex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biosynex to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.18) | |||
Jensen Alpha | (0.97) | |||
Total Risk Alpha | (1.63) | |||
Treynor Ratio | 4.37 |
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Volume Indicators |
Additional Tools for Biosynex Stock Analysis
When running Biosynex's price analysis, check to measure Biosynex'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 Biosynex is operating at the current time. Most of Biosynex's value examination focuses on studying past and present price action to predict the probability of Biosynex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biosynex's price. Additionally, you may evaluate how the addition of Biosynex to your portfolios can decrease your overall portfolio volatility.