BioCardia Price on June 3, 2024
If you're considering investing in BioCardia Stock, it is important to understand the factors that can impact its price. We have found twenty-one technical indicators for BioCardia, which you can use to evaluate the volatility of the firm. Please confirm BioCardia's Downside Deviation of 25.62, risk adjusted performance of 0.0556, and Mean Deviation of 17.63 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%.
BioCardia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BioCardia |
Sharpe Ratio = 0.0
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Based on monthly moving average BioCardia 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 BioCardia by adding BioCardia to a well-diversified portfolio.
BioCardia Valuation on June 3, 2024
It is possible to determine the worth of BioCardia on a given historical date. On June 3, 2024 BioCardia was worth 0.0244 at the beginning of the trading date compared to the closed value of 0.0244. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BioCardia stock. Still, in general, we apply an absolute valuation method to find BioCardia'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 BioCardia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BioCardia's related companies.
Open | High | Low | Close | Volume | |
0.01 | 0.01 | 0.01 | 0.01 | 38.00 | |
06/03/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 302.00 |
0.02 | 0.02 | 0.01 | 0.01 | 20,817 |
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BioCardia Trading Date Momentum on June 3, 2024
On June 05 2024 BioCardia was traded for 0.01 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.01 . The daily volume was 20.8 K. The net trading volume on 06/05/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 43.44% . The overall trading delta to current closing price is 41.39% . |
BioCardia Fundamentals Correlations and Trends
By evaluating BioCardia'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 BioCardia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BioCardia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BioCardia Stock history
BioCardia 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 BioCardia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BioCardia 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 BioCardia stock prices may prove useful in developing a viable investing in BioCardia
BioCardia Stock Technical Analysis
BioCardia 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
BioCardia Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
BioCardia 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.
BioCardia December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how BioCardia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BioCardia shares will generate the highest return on investment. By undertsting and applying BioCardia stock market strength indicators, traders can identify BioCardia entry and exit signals to maximize returns
BioCardia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BioCardia's price direction in advance. Along with the technical and fundamental analysis of BioCardia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BioCardia 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 | 0.0556 | |||
Jensen Alpha | 1.89 | |||
Total Risk Alpha | (3.05) | |||
Sortino Ratio | 0.061 | |||
Treynor Ratio | (1.10) |
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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 nation. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in BioCardia Stock
If you are still planning to invest in BioCardia 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 BioCardia's history and understand the potential risks before investing.
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