Biomm SA (Brazil) Market Value
| BIOM3 Stock | BRL 9.10 0.31 3.53% |
| Symbol | Biomm |
Biomm SA '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 Biomm SA'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 Biomm SA.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Biomm SA on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Biomm SA or generate 0.0% return on investment in Biomm SA over 510 days. Biomm SA is related to or competes with Profarma Distribuidora, Ouro Fino, Centro De, Bahema Educao, and Bombril SA. It offers AFREZZA, a human insulin inhalation powder CONFORT CARE, a moisturizing foot cream GLARGILIN, a glargine insul... More
Biomm SA 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 Biomm SA'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 Biomm SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.9 | |||
| Information Ratio | 0.0067 | |||
| Maximum Drawdown | 25.69 | |||
| Value At Risk | (4.66) | |||
| Potential Upside | 5.63 |
Biomm SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Biomm SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Biomm SA's standard deviation. In reality, there are many statistical measures that can use Biomm SA historical prices to predict the future Biomm SA's volatility.| Risk Adjusted Performance | 0.0403 | |||
| Jensen Alpha | 0.0629 | |||
| Total Risk Alpha | (0.42) | |||
| Sortino Ratio | 0.0084 | |||
| Treynor Ratio | 0.2118 |
Biomm SA Backtested Returns
Biomm SA appears to be slightly risky, given 3 months investment horizon. Biomm SA secures Sharpe Ratio (or Efficiency) of 0.0603, which signifies that the company had a 0.0603% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Biomm SA, which you can use to evaluate the volatility of the firm. Please makes use of Biomm SA's Mean Deviation of 2.5, risk adjusted performance of 0.0403, and Downside Deviation of 2.9 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Biomm SA holds a performance score of 4. The firm shows a Beta (market volatility) of 0.67, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Biomm SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Biomm SA is expected to be smaller as well. Please check Biomm SA's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Biomm SA's price patterns will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
Biomm SA has poor reverse predictability. Overlapping area represents the amount of predictability between Biomm SA time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Biomm SA price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Biomm SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 9.61 |
Biomm SA lagged returns against current returns
Autocorrelation, which is Biomm SA 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 Biomm SA's stock expected returns. We can calculate the autocorrelation of Biomm SA returns to help us make a trade decision. For example, suppose you find that Biomm SA 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 |
Biomm SA 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 Biomm SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Biomm SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Biomm SA stock over time.
Current vs Lagged Prices |
| Timeline |
Biomm SA Lagged Returns
When evaluating Biomm SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Biomm SA stock have on its future price. Biomm SA 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, Biomm SA autocorrelation shows the relationship between Biomm SA stock current value and its past values and can show if there is a momentum factor associated with investing in Biomm SA.
Regressed Prices |
| Timeline |
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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.Additional Tools for Biomm Stock Analysis
When running Biomm SA's price analysis, check to measure Biomm SA'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 Biomm SA is operating at the current time. Most of Biomm SA's value examination focuses on studying past and present price action to predict the probability of Biomm SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biomm SA's price. Additionally, you may evaluate how the addition of Biomm SA to your portfolios can decrease your overall portfolio volatility.