Beigene Stock Market Value
| BGNE Stock | USD 190.30 0.21 0.11% |
| Symbol | BeiGene |
BeiGene Price To Book Ratio
Is Biotechnology 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 BeiGene. If investors know BeiGene 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 BeiGene listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (8.19) | Revenue Per Share 225.239 | Quarterly Revenue Growth 0.395 | Return On Assets (0.1) | Return On Equity (0.23) |
The market value of BeiGene is measured differently than its book value, which is the value of BeiGene that is recorded on the company's balance sheet. Investors also form their own opinion of BeiGene's value that differs from its market value or its book value, called intrinsic value, which is BeiGene'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 BeiGene's market value can be influenced by many factors that don't directly affect BeiGene'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 BeiGene's value and its price as these two are different measures arrived at by different means. Investors typically determine if BeiGene is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BeiGene'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.
BeiGene '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 BeiGene'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 BeiGene.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in BeiGene on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding BeiGene or generate 0.0% return on investment in BeiGene over 660 days. BeiGene is related to or competes with Eliem Therapeutics, HCW Biologics, Scpharmaceuticals, Milestone Pharmaceuticals, Seres Therapeutics, and Lumos Pharma. BeiGene, Ltd., a biotechnology company, focuses on discovering, developing, manufacturing, and commercializing various m... More
BeiGene 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 BeiGene'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 BeiGene upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 13.85 | |||
| Value At Risk | (4.40) | |||
| Potential Upside | 3.46 |
BeiGene Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BeiGene's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BeiGene's standard deviation. In reality, there are many statistical measures that can use BeiGene historical prices to predict the future BeiGene's volatility.| Risk Adjusted Performance | 0.0037 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.09) |
BeiGene Backtested Returns
BeiGene secures Sharpe Ratio (or Efficiency) of -0.0262, which signifies that the company had a -0.0262% return per unit of risk over the last 3 months. BeiGene exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BeiGene's Mean Deviation of 1.81, standard deviation of 2.46, and Risk Adjusted Performance of 0.0037 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BeiGene's returns are expected to increase less than the market. However, during the bear market, the loss of holding BeiGene is expected to be smaller as well. At this point, BeiGene has a negative expected return of -0.0645%. Please make sure to confirm BeiGene's total risk alpha, kurtosis, price action indicator, as well as the relationship between the value at risk and rate of daily change , to decide if BeiGene performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.53 |
Good reverse predictability
BeiGene has good reverse predictability. Overlapping area represents the amount of predictability between BeiGene time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 BeiGene price movement. The serial correlation of -0.53 indicates that about 53.0% of current BeiGene price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 683.06 |
BeiGene lagged returns against current returns
Autocorrelation, which is BeiGene 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 BeiGene's stock expected returns. We can calculate the autocorrelation of BeiGene returns to help us make a trade decision. For example, suppose you find that BeiGene 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 |
BeiGene 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 BeiGene stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BeiGene stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BeiGene stock over time.
Current vs Lagged Prices |
| Timeline |
BeiGene Lagged Returns
When evaluating BeiGene's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BeiGene stock have on its future price. BeiGene 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, BeiGene autocorrelation shows the relationship between BeiGene stock current value and its past values and can show if there is a momentum factor associated with investing in BeiGene.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether BeiGene is a strong investment it is important to analyze BeiGene's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BeiGene's future performance. For an informed investment choice regarding BeiGene Stock, refer to the following important reports:Check out BeiGene Correlation, BeiGene Volatility and BeiGene Alpha and Beta module to complement your research on BeiGene. For information on how to trade BeiGene Stock refer to our How to Trade BeiGene Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
BeiGene 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.