BioPorto (Denmark) Price on December 4, 2023
BIOPOR Stock | DKK 1.62 0.04 2.41% |
If you're considering investing in BioPorto Stock, it is important to understand the factors that can impact its price. As of today, the current price of BioPorto stands at 1.62, as last reported on the 23rd of November, with the highest price reaching 1.68 and the lowest price hitting 1.60 during the day. BioPorto secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. BioPorto exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BioPorto's Risk Adjusted Performance of (0.12), standard deviation of 2.55, and Mean Deviation of 1.66 to double-check the risk estimate we provide.
BioPorto Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BioPorto |
Sharpe Ratio = -0.1439
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Estimated Market Risk
2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BioPorto 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 BioPorto by adding BioPorto to a well-diversified portfolio.
BioPorto Valuation on December 4, 2023
It is possible to determine the worth of BioPorto on a given historical date. On December 4, 2023 BioPorto was worth 2.1 at the beginning of the trading date compared to the closed value of 2.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BioPorto stock. Still, in general, we apply an absolute valuation method to find BioPorto'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 BioPorto where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BioPorto's related companies.
Open | High | Low | Close | Volume | |
2.12 | 2.15 | 1.98 | 2.10 | 1,109,818 | |
12/04/2023 | 2.10 | 2.44 | 2.10 | 2.35 | 1,645,117 |
2.27 | 2.33 | 2.13 | 2.26 | 1,028,444 |
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BioPorto Trading Date Momentum on December 4, 2023
On December 05 2023 BioPorto was traded for 2.26 at the closing time. The highest price during the trading period was 2.33 and the lowest recorded bid was listed for 2.13 . The volume for the day was 1 M. This history from December 5, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 3.83% . The overall trading delta to the current price is 6.38% . |
BioPorto Fundamentals Correlations and Trends
By evaluating BioPorto'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 BioPorto's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BioPorto financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BioPorto Stock history
BioPorto 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 BioPorto is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BioPorto 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 BioPorto stock prices may prove useful in developing a viable investing in BioPorto
BioPorto AS, an in-vitro diagnostics company, provides diagnostic tests and antibodies for healthcare professionals in clinical and research settings worldwide. BioPorto AS was founded in 2000 and is headquartered in Hellerup, Denmark. BioPorto operates under Diagnostics Research classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 31 people.
BioPorto Stock Technical Analysis
BioPorto 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
BioPorto Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
BioPorto cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
BioPorto November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how BioPorto stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BioPorto shares will generate the highest return on investment. By undertsting and applying BioPorto stock market strength indicators, traders can identify BioPorto entry and exit signals to maximize returns
BioPorto Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BioPorto's price direction in advance. Along with the technical and fundamental analysis of BioPorto Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BioPorto 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 | (0.12) | |||
Jensen Alpha | (0.46) | |||
Total Risk Alpha | (0.85) | |||
Treynor Ratio | (3.71) |
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Volume Indicators |
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When running BioPorto's price analysis, check to measure BioPorto'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 BioPorto is operating at the current time. Most of BioPorto's value examination focuses on studying past and present price action to predict the probability of BioPorto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BioPorto's price. Additionally, you may evaluate how the addition of BioPorto to your portfolios can decrease your overall portfolio volatility.
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