Bioextrax (Sweden) Market Value
| BIOEX Stock | 2.19 0.01 0.46% |
| Symbol | Bioextrax |
Bioextrax '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 Bioextrax'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 Bioextrax.
| 12/13/2025 |
| 01/12/2026 |
If you would invest 0.00 in Bioextrax on December 13, 2025 and sell it all today you would earn a total of 0.00 from holding Bioextrax AB or generate 0.0% return on investment in Bioextrax over 30 days.
Bioextrax 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 Bioextrax'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 Bioextrax AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 41.69 | |||
| Value At Risk | (8.11) | |||
| Potential Upside | 10.16 |
Bioextrax Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bioextrax's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bioextrax's standard deviation. In reality, there are many statistical measures that can use Bioextrax historical prices to predict the future Bioextrax's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (1.04) | |||
| Treynor Ratio | 0.2536 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bioextrax'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.
Bioextrax AB Backtested Returns
Bioextrax AB secures Sharpe Ratio (or Efficiency) of -0.0574, which signifies that the company had a -0.0574 % return per unit of risk over the last 3 months. Bioextrax AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bioextrax's Risk Adjusted Performance of (0.03), standard deviation of 6.36, and Mean Deviation of 4.1 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.25, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Bioextrax are expected to decrease by larger amounts. On the other hand, during market turmoil, Bioextrax is expected to outperform it. At this point, Bioextrax AB has a negative expected return of -0.37%. Please make sure to confirm Bioextrax's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Bioextrax AB performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.23 |
Weak reverse predictability
Bioextrax AB has weak reverse predictability. Overlapping area represents the amount of predictability between Bioextrax time series from 13th of December 2025 to 28th of December 2025 and 28th of December 2025 to 12th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Bioextrax AB price movement. The serial correlation of -0.23 indicates that over 23.0% of current Bioextrax price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Bioextrax AB lagged returns against current returns
Autocorrelation, which is Bioextrax 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 Bioextrax's stock expected returns. We can calculate the autocorrelation of Bioextrax returns to help us make a trade decision. For example, suppose you find that Bioextrax 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 |
Bioextrax 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 Bioextrax stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bioextrax stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bioextrax stock over time.
Current vs Lagged Prices |
| Timeline |
Bioextrax Lagged Returns
When evaluating Bioextrax's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bioextrax stock have on its future price. Bioextrax 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, Bioextrax autocorrelation shows the relationship between Bioextrax stock current value and its past values and can show if there is a momentum factor associated with investing in Bioextrax AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bioextrax Stock Analysis
When running Bioextrax's price analysis, check to measure Bioextrax'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 Bioextrax is operating at the current time. Most of Bioextrax's value examination focuses on studying past and present price action to predict the probability of Bioextrax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bioextrax's price. Additionally, you may evaluate how the addition of Bioextrax to your portfolios can decrease your overall portfolio volatility.