Biotron Limited Stock Price on October 2, 2024
BITRF Stock | USD 0.01 0.00 0.00% |
If you're considering investing in Biotron Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Biotron stands at 0.01, as last reported on the 28th of November, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Biotron Limited secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Biotron Limited exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Biotron's Mean Deviation of 3.09, risk adjusted performance of (0.07), and Standard Deviation of 9.39 to double-check the risk estimate we provide.
Biotron Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Biotron |
Sharpe Ratio = -0.1027
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Estimated Market Risk
9.62 actual daily | 85 85% of assets are less volatile |
Expected Return
-0.99 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Biotron 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 Biotron by adding Biotron to a well-diversified portfolio.
Biotron Valuation on October 2, 2024
It is possible to determine the worth of Biotron on a given historical date. On October 2, 2024 Biotron was worth 0.0151 at the beginning of the trading date compared to the closed value of 0.0151. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biotron pink sheet. Still, in general, we apply an absolute valuation method to find Biotron'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 Biotron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biotron's related companies.
Open | High | Low | Close | Volume | |
0.01 | 0.01 | 0.01 | 0.01 | 1.00 | |
10/02/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 2,000 |
0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
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Biotron Trading Date Momentum on October 2, 2024
On October 03 2024 Biotron Limited was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . There was no trading activity during the period 1.0. Lack of trading volume on 10/03/2024 did not affect price variability. The overall trading delta to current closing price is 3.31% . |
Biotron Limited Fundamentals Correlations and Trends
By evaluating Biotron'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 Biotron's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Biotron financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Biotron Pink Sheet history
Biotron 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 Biotron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biotron Limited 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 Biotron stock prices may prove useful in developing a viable investing in Biotron
Biotron Limited, a biotechnology company, engages in developing and commercializing small molecule products to treat various viral diseases in Australia. Biotron Limited was incorporated in 1999 and is headquartered in Sydney, Australia. Biotron operates under Biotechnology classification in the United States and is traded on OTC Exchange.
Biotron Pink Sheet Technical Analysis
Biotron technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Biotron Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Biotron Limited cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Biotron November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Biotron pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biotron shares will generate the highest return on investment. By undertsting and applying Biotron pink sheet market strength indicators, traders can identify Biotron Limited entry and exit signals to maximize returns
Biotron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Biotron's price direction in advance. Along with the technical and fundamental analysis of Biotron Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biotron 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 | (0.07) | |||
Jensen Alpha | (0.69) | |||
Total Risk Alpha | (2.43) | |||
Treynor Ratio | 0.443 |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for Biotron Pink Sheet analysis
When running Biotron's price analysis, check to measure Biotron'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 Biotron is operating at the current time. Most of Biotron's value examination focuses on studying past and present price action to predict the probability of Biotron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biotron's price. Additionally, you may evaluate how the addition of Biotron to your portfolios can decrease your overall portfolio volatility.
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