Biofrontera Stock Price on December 3, 2024
BFRI Stock | USD 1.19 0.04 3.48% |
If you're considering investing in Biofrontera Stock, it is important to understand the factors that can impact its price. As of today, the current price of Biofrontera stands at 1.19, as last reported on the 11th of December 2024, with the highest price reaching 1.25 and the lowest price hitting 1.05 during the day. Biofrontera appears to be unstable, given 3 months investment horizon. Biofrontera secures Sharpe Ratio (or Efficiency) of 0.0358, which signifies that the company had a 0.0358% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Biofrontera, which you can use to evaluate the volatility of the firm. Please makes use of Biofrontera's Mean Deviation of 6.42, downside deviation of 7.91, and Risk Adjusted Performance of 0.035 to double-check if our risk estimates are consistent with your expectations.
Biofrontera Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Biofrontera |
Sharpe Ratio = 0.0358
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Estimated Market Risk
8.75 actual daily | 77 77% of assets are less volatile |
Expected Return
0.31 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Biofrontera is performing at about 2% 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 Biofrontera by adding it to a well-diversified portfolio.
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Biofrontera Valuation on December 3, 2024
It is possible to determine the worth of Biofrontera on a given historical date. On December 3, 2024 Biofrontera was worth 0.93 at the beginning of the trading date compared to the closed value of 0.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biofrontera stock. Still, in general, we apply an absolute valuation method to find Biofrontera'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 Biofrontera where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biofrontera's related companies.
Open | High | Low | Close | Volume | |
0.91 | 1.03 | 0.88 | 1.00 | 594,931 | |
12/03/2024 | 0.93 | 0.98 | 0.90 | 0.94 | 297,995 |
0.97 | 1.06 | 0.94 | 1.04 | 624,766 |
Backtest Biofrontera | | | Biofrontera History | | | Biofrontera Valuation | Previous | Next |
Biofrontera Trading Date Momentum on December 3, 2024
On December 04 2024 Biofrontera was traded for 1.04 at the closing time. The top price for the day was 1.06 and the lowest listed price was 0.94 . The trading volume for the day was 624.8 K. The trading history from December 4, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 10.64% . The overall trading delta against the current closing price is 24.47% . |
Biofrontera Fundamentals Correlations and Trends
By evaluating Biofrontera'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 Biofrontera's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Biofrontera financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Biofrontera Stock history
Biofrontera 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 Biofrontera is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biofrontera 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 Biofrontera stock prices may prove useful in developing a viable investing in Biofrontera
Biofrontera Inc., a biopharmaceutical company, engages in the commercialization of pharmaceutical products for the treatment of dermatological conditions in the United States. The company was incorporated in 2015 and is headquartered in Woburn, Massachusetts. Biofrontera operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 69 people.
Biofrontera Stock Technical Analysis
Biofrontera 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
Biofrontera Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Biofrontera 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.
Biofrontera December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Biofrontera stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biofrontera shares will generate the highest return on investment. By undertsting and applying Biofrontera stock market strength indicators, traders can identify Biofrontera entry and exit signals to maximize returns
Biofrontera Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Biofrontera's price direction in advance. Along with the technical and fundamental analysis of Biofrontera Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biofrontera 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 | 0.035 | |||
Jensen Alpha | 0.5548 | |||
Total Risk Alpha | (1.08) | |||
Sortino Ratio | 0.0239 | |||
Treynor Ratio | (0.14) |
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Price Transform | ||
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Volume Indicators |
Complementary Tools for Biofrontera Stock analysis
When running Biofrontera's price analysis, check to measure Biofrontera'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 Biofrontera is operating at the current time. Most of Biofrontera's value examination focuses on studying past and present price action to predict the probability of Biofrontera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biofrontera's price. Additionally, you may evaluate how the addition of Biofrontera to your portfolios can decrease your overall portfolio volatility.
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