Biovica International (Sweden) Price on November 26, 2024

BIOVIC-B  SEK 1.77  0.06  3.28%   
If you're considering investing in Biovica Stock, it is important to understand the factors that can impact its price. As of today, the current price of Biovica International stands at 1.77, as last reported on the 23rd of January, with the highest price reaching 1.85 and the lowest price hitting 1.73 during the day. Biovica International secures Sharpe Ratio (or Efficiency) of -0.0178, which signifies that the company had a -0.0178 % return per unit of risk over the last 3 months. Biovica International AB exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Biovica International's Mean Deviation of 5.09, standard deviation of 6.64, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
  
Biovica Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0178

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Estimated Market Risk

 6.89
  actual daily
61
61% of assets are less volatile

Expected Return

 -0.12
  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 Biovica International 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 Biovica International by adding Biovica International to a well-diversified portfolio.

Biovica International Valuation on November 26, 2024

It is possible to determine the worth of Biovica International on a given historical date. On November 26, 2024 Biovica was worth 2.02 at the beginning of the trading date compared to the closed value of 2.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biovica International stock. Still, in general, we apply an absolute valuation method to find Biovica International'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 Biovica International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biovica International's related companies.
 Open High Low Close Volume
  1.87    2.10    1.80    2.02    184,537  
11/26/2024
  2.02    2.20    2.02    2.15    155,430  
  2.15    2.35    2.07    2.35    59,983  
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Open Value
2.02
2.15
Closing Value
22.69
Upside

Biovica International Trading Date Momentum on November 26, 2024

On November 27 2024 Biovica International AB was traded for  2.35  at the closing time. The highest price during the trading period was 2.35  and the lowest recorded bid was listed for  2.07 . The volume for the day was 60 K. This history from November 27, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 9.30% . The overall trading delta to the current price is 29.30% .

Biovica International Fundamentals Correlations and Trends

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

About Biovica International Stock history

Biovica International 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 Biovica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biovica International 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 Biovica International stock prices may prove useful in developing a viable investing in Biovica International
Biovica International AB , a biotech company, develops and commercializes blood-based biomarker assays that enhance the monitoring of cancer therapies and predict patient outcome. Biovica International AB was founded in 2009 and is based in Uppsala, Sweden. Biovica International operates under Biotechnology classification in Sweden and is traded on Stockholm Stock Exchange. It employs 17 people.

Biovica International Stock Technical Analysis

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

Biovica International Period Price Range

Low
January 23, 2025
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High

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Biovica International AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.

Biovica International January 23, 2025 Market Strength

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

Biovica International Technical and Predictive Indicators

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

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