Scientific Industries Stock Price on April 27, 2023
SCND Stock | USD 0.75 0.15 16.67% |
If you're considering investing in Scientific OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Scientific Industries stands at 0.75, as last reported on the 23rd of November, with the highest price reaching 0.75 and the lowest price hitting 0.75 during the day. Scientific Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. Scientific Industries exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scientific Industries' Risk Adjusted Performance of (0.10), coefficient of variation of (690.01), and Variance of 35.3 to confirm the risk estimate we provide.
Scientific OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Scientific |
Sharpe Ratio = -0.1454
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Estimated Market Risk
6.03 actual daily | 53 53% of assets are less volatile |
Expected Return
-0.88 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Scientific Industries 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 Scientific Industries by adding Scientific Industries to a well-diversified portfolio.
Scientific Industries Valuation on April 27, 2023
It is possible to determine the worth of Scientific Industries on a given historical date. On April 27, 2023 Scientific was worth 4.6 at the beginning of the trading date compared to the closed value of 4.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Scientific Industries otc stock. Still, in general, we apply an absolute valuation method to find Scientific Industries' 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 Scientific Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Scientific Industries' related companies.
Open | High | Low | Close | Volume | |
4.60 | 4.60 | 4.60 | 4.60 | 1.00 | |
04/27/2023 | 4.60 | 4.60 | 4.60 | 4.60 | 1.00 |
4.60 | 4.60 | 4.60 | 4.60 | 1.00 |
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Scientific Industries Trading Date Momentum on April 27, 2023
On April 28 2023 Scientific Industries was traded for 4.60 at the closing time. The top price for the day was 4.60 and the lowest listed price was 4.60 . There was no trading activity during the period 1.0. Lack of trading volume on April 28, 2023 did not result in any price rise and fall. The trading price change against the current closing price is 1.09% . |
Scientific Industries Fundamentals Correlations and Trends
By evaluating Scientific Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Scientific Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Scientific financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Scientific Industries OTC Stock history
Scientific Industries 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 Scientific is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Scientific Industries 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 Scientific Industries stock prices may prove useful in developing a viable investing in Scientific Industries
Scientific Industries, Inc. engages in the design, manufacture, and marketing of benchtop laboratory equipment and bioprocessing systems worldwide. Scientific Industries, Inc. was incorporated in 1954 and is headquartered in Bohemia, New York. Scientific Inds operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 72 people.
Scientific Industries OTC Stock Technical Analysis
Scientific Industries technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Scientific Industries Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Scientific Industries cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Scientific Industries November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Scientific Industries otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Scientific Industries shares will generate the highest return on investment. By undertsting and applying Scientific Industries otc stock market strength indicators, traders can identify Scientific Industries entry and exit signals to maximize returns
Scientific Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Scientific Industries' price direction in advance. Along with the technical and fundamental analysis of Scientific OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Scientific 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 | (0.10) | |||
Jensen Alpha | (0.81) | |||
Total Risk Alpha | (1.81) | |||
Treynor Ratio | 1.66 |
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Volume Indicators |
Complementary Tools for Scientific OTC Stock analysis
When running Scientific Industries' price analysis, check to measure Scientific Industries' 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 Scientific Industries is operating at the current time. Most of Scientific Industries' value examination focuses on studying past and present price action to predict the probability of Scientific Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scientific Industries' price. Additionally, you may evaluate how the addition of Scientific Industries to your portfolios can decrease your overall portfolio volatility.
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