Bone Biologics Corp Stock Price on August 2, 2024

BBLGW Stock  USD 28.49  0.00  0.00%   
If you're considering investing in Bone Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bone Biologics stands at 28.49, as last reported on the 26th of November, with the highest price reaching 28.49 and the lowest price hitting 28.49 during the day. Bone Biologics is moderately volatile given 3 months investment horizon. Bone Biologics Corp secures Sharpe Ratio (or Efficiency) of 0.0562, which signifies that the company had a 0.0562% return per unit of risk over the last 3 months. We were able to analyze and collect data for sixteen different technical indicators, which can help you to evaluate if expected returns of 1.35% are justified by taking the suggested risk. Use Bone Biologics Standard Deviation of 23.72, risk adjusted performance of 0.0519, and Mean Deviation of 5.38 to evaluate company specific risk that cannot be diversified away.
  
Total Stockholder Equity is likely to climb to about 3.1 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 250 K in 2024. . At this time, Bone Biologics' Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 0.43 in 2024, whereas Price Earnings To Growth Ratio is likely to drop (0.02) in 2024. Bone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0562

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Estimated Market Risk

 24.1
  actual daily
96
96% of assets are less volatile

Expected Return

 1.35
  actual daily
26
74% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Bone Biologics is performing at about 4% of its full potential. 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 Bone Biologics by adding it to a well-diversified portfolio.
Book Value
5.44
Shares Float
1.7 M
Shares Short Prior Month
62
Earnings Share
(0.14)
Shares Short
376

Bone Biologics Main Headline on 2nd of August 2024

Bone Biologics Corporation , a developer of orthobiologic products for spine fusion markets,

Bone Biologics Valuation on August 2, 2024

It is possible to determine the worth of Bone Biologics on a given historical date. On August 2, 2024 Bone was worth 60.5 at the beginning of the trading date compared to the closed value of 60.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bone Biologics stock. Still, in general, we apply an absolute valuation method to find Bone Biologics' 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 Bone Biologics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bone Biologics' related companies.
 Open High Low Close Volume
  60.50    60.50    60.50    60.50    1.00  
08/02/2024
  60.50    60.50    60.50    60.50    1.00  
  60.50    60.50    60.50    60.50    1.00  
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Open Value
60.5
60.5
Closing Value
132.79
Upside

Bone Biologics Trading Date Momentum on August 2, 2024

On August 05 2024 Bone Biologics Corp was traded for  60.50  at the closing time. The highest daily price throughout the period was 60.50  and the lowest price was  60.50 . There was no trading activity during the period 1.0. Lack of trading volume on 08/05/2024 did not affect price variability. The overall trading delta to current closing price is 0.00% .

Bone Biologics Corp Fundamentals Correlations and Trends

By evaluating Bone Biologics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bone Biologics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bone financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bone Biologics Stock history

Bone Biologics 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 Bone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bone Biologics Corp 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 Bone Biologics stock prices may prove useful in developing a viable investing in Bone Biologics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding263.1 K250 K

Bone Biologics Stock Technical Analysis

Bone Biologics 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.
A focus of Bone Biologics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bone Biologics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Bone Biologics Period Price Range

Low
November 26, 2024
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Bone Biologics Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. 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.

Bone Biologics November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Bone Biologics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bone Biologics shares will generate the highest return on investment. By undertsting and applying Bone Biologics stock market strength indicators, traders can identify Bone Biologics Corp entry and exit signals to maximize returns

Bone Biologics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bone Biologics' price direction in advance. Along with the technical and fundamental analysis of Bone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bone 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.

Additional Tools for Bone Stock Analysis

When running Bone Biologics' price analysis, check to measure Bone Biologics' 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 Bone Biologics is operating at the current time. Most of Bone Biologics' value examination focuses on studying past and present price action to predict the probability of Bone Biologics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bone Biologics' price. Additionally, you may evaluate how the addition of Bone Biologics to your portfolios can decrease your overall portfolio volatility.