Bioaffinity Technologies Warrant Stock Price on October 28, 2024

BIAFW Stock  USD 0.57  0.13  18.57%   
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 0.57, as last reported on the 24th of November, with the highest price reaching 0.77 and the lowest price hitting 0.57 during the day. BioAffinity Technologies secures Sharpe Ratio (or Efficiency) of -0.0035, which signifies that the company had a -0.0035% return per unit of risk over the last 3 months. bioAffinity Technologies Warrant exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BioAffinity Technologies' Risk Adjusted Performance of (0.01), coefficient of variation of (3,822), and Standard Deviation of 17.07 to double-check the risk estimate we provide.
  
At this time, BioAffinity Technologies' Total Stockholder Equity is fairly stable compared to the past year. Stock Based Compensation is likely to climb to about 786.3 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 5.7 M in 2024. . At this time, BioAffinity Technologies' Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 2.78 in 2024, whereas Price Earnings Ratio is likely to drop (1.70) in 2024. BioAffinity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0035

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Estimated Market Risk

 17.43
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.06
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  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.
Book Value
0.517
Shares Float
8.6 M
Revenue Per Share
0.744

BioAffinity Technologies Valuation on October 28, 2024

It is possible to determine the worth of BioAffinity Technologies on a given historical date. On October 28, 2024 BioAffinity was worth 0.93 at the beginning of the trading date compared to the closed value of 0.78. 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' 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' related companies.
 Open High Low Close Volume
  0.90    0.90    0.90    0.90    523.00  
10/28/2024
  0.93    0.93    0.78    0.78    4,225  
  0.80    0.90    0.80    0.85    2,973  
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Open Value
0.93
0.78
Closing Value
53.22
Upside

BioAffinity Technologies Trading Date Momentum on October 28, 2024

On October 29 2024 bioAffinity Technologies Warrant was traded for  0.85  at the closing time. The highest daily price throughout the period was 0.90  and the lowest price was  0.80 . The daily volume was 3 K. The net trading volume on 10/29/2024 added to the next day price increase. The overall trading delta to closing price of the next trading day was 8.97% . The trading date delta to current closing price is 21.79% .

BioAffinity Technologies Fundamentals Correlations and Trends

By evaluating BioAffinity Technologies' 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' 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

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 24, 2024
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bioAffinity Technologies Warrant 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 24, 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 Warrant entry and exit signals to maximize returns

BioAffinity Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for BioAffinity Technologies' 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.

Additional Tools for BioAffinity Stock Analysis

When running BioAffinity Technologies' price analysis, check to measure BioAffinity Technologies' 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' value examination focuses on studying past and present price action to predict the probability of BioAffinity Technologies' 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' price. Additionally, you may evaluate how the addition of BioAffinity Technologies to your portfolios can decrease your overall portfolio volatility.