Bionexus Gene Lab Stock Price on November 5, 2024

BGLC Stock  USD 0.25  0.04  13.79%   
Below is the normalized historical share price chart for BioNexus Gene Lab extending back to September 16, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of BioNexus Gene stands at 0.25, as last reported on the 26th of November, with the highest price reaching 0.30 and the lowest price hitting 0.25 during the day.
IPO Date
16th of September 2020
200 Day MA
0.5257
50 Day MA
0.38
Beta
1.866
 
Covid
If you're considering investing in BioNexus Stock, it is important to understand the factors that can impact its price. BioNexus Gene Lab secures Sharpe Ratio (or Efficiency) of -0.23, which signifies that the company had a -0.23% return per unit of risk over the last 3 months. BioNexus Gene Lab exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BioNexus Gene's Risk Adjusted Performance of (0.10), standard deviation of 3.49, and Mean Deviation of 2.69 to double-check the risk estimate we provide.
  
The current year's Issuance Of Capital Stock is expected to grow to about 6 M, whereas Other Stockholder Equity is forecasted to decline to (4.7 M). . At present, BioNexus Gene's Price To Book Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 0.91, whereas Price To Sales Ratio is forecasted to decline to 0.82. BioNexus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2315

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Estimated Market Risk

 3.84
  actual daily
34
66% of assets are more volatile

Expected Return

 -0.89
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.23
  actual daily
0
Most of other assets perform better
Based on monthly moving average BioNexus Gene 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 BioNexus Gene by adding BioNexus Gene to a well-diversified portfolio.
Price Book
0.5573
Enterprise Value Ebitda
629.5269
Price Sales
0.5698
Shares Float
13.8 M
Earnings Share
(0.06)

Related Headline

H B Headline on 5th of November 2024

Usana Health Sciences director Fuller sells 25k in stock

BioNexus Gene Valuation on November 5, 2024

It is possible to determine the worth of BioNexus Gene on a given historical date. On November 5, 2024 BioNexus was worth 0.37 at the beginning of the trading date compared to the closed value of 0.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BioNexus Gene stock. Still, in general, we apply an absolute valuation method to find BioNexus Gene'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 BioNexus Gene where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BioNexus Gene's related companies.
 Open High Low Close Volume
  0.38    0.38    0.36    0.38    93,100  
11/05/2024
  0.37    0.38    0.36    0.36    31,200  
  0.35    0.37    0.34    0.36    135,100  
Backtest BioNexus Gene  |  BioNexus Gene History  |  BioNexus Gene Valuation   PreviousNext  
Open Value
0.37
0.36
Closing Value
11.90
Upside

BioNexus Gene Trading Date Momentum on November 5, 2024

On November 06 2024 BioNexus Gene Lab was traded for  0.36  at the closing time. The top price for the day was 0.37  and the lowest listed price was  0.34 . The trading volume for the day was 135.1 K. The trading history from November 6, 2024 did not affect price variability. The overall trading delta against the current closing price is 11.11% .

BioNexus Gene Lab Fundamentals Correlations and Trends

By evaluating BioNexus Gene'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 BioNexus Gene's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BioNexus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About BioNexus Gene Stock history

BioNexus Gene 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 BioNexus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BioNexus Gene Lab 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 BioNexus Gene stock prices may prove useful in developing a viable investing in BioNexus Gene
Last ReportedProjected for Next Year
Common Stock Shares Outstanding15.9 M12.1 M
Net Income Applicable To Common Shares864.3 K907.5 K

BioNexus Gene Quarterly Net Working Capital

6.44 Million

BioNexus Gene Stock Technical Analysis

BioNexus Gene 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 BioNexus Gene technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of BioNexus Gene 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

BioNexus Gene Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

BioNexus Gene Lab 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.

BioNexus Gene November 26, 2024 Market Strength

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

BioNexus Gene Technical and Predictive Indicators

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

Complementary Tools for BioNexus Stock analysis

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