Bioaffinity Technologies, Stock Price on April 9, 2024

BIAF Stock  USD 1.20  0.02  1.64%   
If you're considering investing in BioAffinity Stock, it is important to understand the factors that can impact its price. As of today, the current price of BioAffinity Technologies, stands at 1.20, as last reported on the 26th of November, with the highest price reaching 1.28 and the lowest price hitting 1.17 during the day. bioAffinity Technologies, secures Sharpe Ratio (or Efficiency) of -0.0225, which signifies that the company had a -0.0225% return per unit of risk over the last 3 months. bioAffinity Technologies, exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BioAffinity Technologies,'s Coefficient Of Variation of (2,512), risk adjusted performance of (0.02), and Standard Deviation of 7.08 to double-check the risk estimate we provide.
  
At this time, BioAffinity Technologies,'s Total Stockholder Equity is most likely to increase significantly in the upcoming years. The BioAffinity Technologies,'s current Stock Based Compensation is estimated to increase to about 786.3 K, while Common Stock Shares Outstanding is projected to decrease to roughly 5.7 M. . At this time, BioAffinity Technologies,'s Price Fair Value is most likely to increase significantly in the upcoming years. BioAffinity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0225

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsBIAF

Estimated Market Risk

 7.23
  actual daily
64
64% of assets are less volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average BioAffinity Technologies, 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 BioAffinity Technologies, by adding BioAffinity Technologies, to a well-diversified portfolio.
Price Book
5.9921
Enterprise Value Ebitda
(0.21)
Price Sales
2.5563
Shares Float
8.6 M
Wall Street Target Price
6

BioAffinity Technologies, Valuation on April 9, 2024

It is possible to determine the worth of BioAffinity Technologies, on a given historical date. On April 9, 2024 BioAffinity was worth 2.7 at the beginning of the trading date compared to the closed value of 2.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BioAffinity Technologies, stock. Still, in general, we apply an absolute valuation method to find BioAffinity Technologies,'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 BioAffinity Technologies, where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BioAffinity Technologies,'s related companies.
 Open High Low Close Volume
  2.91    2.95    2.50    2.65    118,820  
04/09/2024
  2.70    2.70    2.50    2.61    93,189  
  2.60    2.60    2.52    2.55    63,024  
Backtest BioAffinity Technologies,  |  BioAffinity Technologies, History  |  BioAffinity Technologies, Valuation   PreviousNext  
Open Value
2.7
2.61
Closing Value
24.38
Upside

BioAffinity Technologies, Trading Date Momentum on April 9, 2024

On April 10 2024 bioAffinity Technologies, was traded for  2.55  at the closing time. The top price for the day was 2.60  and the lowest listed price was  2.52 . The trading volume for the day was 63 K. The trading history from April 10, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.30% . The trading date delta against the current closing price is 7.66% .

bioAffinity Technologies, Fundamentals Correlations and Trends

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

About BioAffinity Technologies, Stock history

BioAffinity Technologies, 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 BioAffinity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in bioAffinity Technologies, 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 BioAffinity Technologies, stock prices may prove useful in developing a viable investing in BioAffinity Technologies,
Last ReportedProjected for Next Year
Common Stock Shares Outstanding8.7 M5.7 M
Net Loss-7.3 M-7.6 M

BioAffinity Technologies, Stock Technical Analysis

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

BioAffinity Technologies, Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

bioAffinity Technologies, 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.

BioAffinity Technologies, November 26, 2024 Market Strength

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

BioAffinity Technologies, Technical and Predictive Indicators

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

When running BioAffinity Technologies,'s price analysis, check to measure BioAffinity Technologies,'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 BioAffinity Technologies, is operating at the current time. Most of BioAffinity Technologies,'s value examination focuses on studying past and present price action to predict the probability of BioAffinity Technologies,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BioAffinity Technologies,'s price. Additionally, you may evaluate how the addition of BioAffinity Technologies, to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Global Correlations
Find global opportunities by holding instruments from different markets
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas