Aytu Bioscience Stock Market Value
| AYTU Stock | USD 1.62 0.02 1.25% |
| Symbol | Aytu |
Aytu BioScience Price To Book Ratio
Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aytu BioScience. If investors know Aytu will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aytu BioScience listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.70) | Revenue Per Share 14.627 | Quarterly Revenue Growth (0.41) | Return On Assets (0.01) | Return On Equity (0.47) |
The market value of Aytu BioScience is measured differently than its book value, which is the value of Aytu that is recorded on the company's balance sheet. Investors also form their own opinion of Aytu BioScience's value that differs from its market value or its book value, called intrinsic value, which is Aytu BioScience's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aytu BioScience's market value can be influenced by many factors that don't directly affect Aytu BioScience's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aytu BioScience's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aytu BioScience is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aytu BioScience's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Aytu BioScience 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Aytu BioScience's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Aytu BioScience.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Aytu BioScience on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Aytu BioScience or generate 0.0% return on investment in Aytu BioScience over 30 days. Aytu BioScience is related to or competes with Aquestive Therapeutics, Evoke Pharma, Shionogi, Sunshine Biopharma, China SXT, Shuttle Pharmaceuticals, and Lifecore Biomedical. Aytu Biopharma, Inc., a specialty pharmaceutical company, focuses on developing and commercializing novel therapeutics a... More
Aytu BioScience Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Aytu BioScience's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Aytu BioScience upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 34.48 | |||
| Value At Risk | (6.88) | |||
| Potential Upside | 3.4 |
Aytu BioScience Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aytu BioScience's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aytu BioScience's standard deviation. In reality, there are many statistical measures that can use Aytu BioScience historical prices to predict the future Aytu BioScience's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (1.19) | |||
| Treynor Ratio | (1.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aytu BioScience's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Aytu BioScience Backtested Returns
Aytu BioScience secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of risk over the last 3 months. Aytu BioScience exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aytu BioScience's Mean Deviation of 2.63, risk adjusted performance of (0.08), and Standard Deviation of 4.35 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aytu BioScience's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aytu BioScience is expected to be smaller as well. At this point, Aytu BioScience has a negative expected return of -0.59%. Please make sure to confirm Aytu BioScience's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Aytu BioScience performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
Aytu BioScience has weak predictability. Overlapping area represents the amount of predictability between Aytu BioScience time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aytu BioScience price movement. The serial correlation of 0.22 indicates that over 22.0% of current Aytu BioScience price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aytu BioScience lagged returns against current returns
Autocorrelation, which is Aytu BioScience stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Aytu BioScience's stock expected returns. We can calculate the autocorrelation of Aytu BioScience returns to help us make a trade decision. For example, suppose you find that Aytu BioScience has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Aytu BioScience regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Aytu BioScience stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aytu BioScience stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aytu BioScience stock over time.
Current vs Lagged Prices |
| Timeline |
Aytu BioScience Lagged Returns
When evaluating Aytu BioScience's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aytu BioScience stock have on its future price. Aytu BioScience autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Aytu BioScience autocorrelation shows the relationship between Aytu BioScience stock current value and its past values and can show if there is a momentum factor associated with investing in Aytu BioScience.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Aytu Stock Analysis
When running Aytu BioScience's price analysis, check to measure Aytu BioScience'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 Aytu BioScience is operating at the current time. Most of Aytu BioScience's value examination focuses on studying past and present price action to predict the probability of Aytu BioScience's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aytu BioScience's price. Additionally, you may evaluate how the addition of Aytu BioScience to your portfolios can decrease your overall portfolio volatility.