Bio Key International Stock Market Value
| BKYI Stock | USD 1.43 0.08 5.30% |
| Symbol | BIO |
Is Systems Software 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 BIO Key. If investors know BIO 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 BIO Key listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of BIO Key International is measured differently than its book value, which is the value of BIO that is recorded on the company's balance sheet. Investors also form their own opinion of BIO Key's value that differs from its market value or its book value, called intrinsic value, which is BIO Key'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 BIO Key's market value can be influenced by many factors that don't directly affect BIO Key'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 BIO Key's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIO Key is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIO Key'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.
BIO Key '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 BIO Key'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 BIO Key.
| 10/01/2024 |
| 01/29/2025 |
If you would invest 0.00 in BIO Key on October 1, 2024 and sell it all today you would earn a total of 0.00 from holding BIO Key International or generate 0.0% return on investment in BIO Key over 120 days. BIO Key is related to or competes with LogicMark, SSC Security, ICTS International, Senstar Technologies, Knightscope, Guardforce, and CoreCivic. BIO-key International, Inc. develops and markets fingerprint identification biometric technology and software solutions,... More
BIO Key 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 BIO Key'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 BIO Key International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.62 | |||
| Information Ratio | 0.0648 | |||
| Maximum Drawdown | 96.95 | |||
| Value At Risk | (14.79) | |||
| Potential Upside | 24.44 |
BIO Key Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BIO Key's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BIO Key's standard deviation. In reality, there are many statistical measures that can use BIO Key historical prices to predict the future BIO Key's volatility.| Risk Adjusted Performance | 0.0685 | |||
| Jensen Alpha | 1.0 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.1149 | |||
| Treynor Ratio | 1.3 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BIO Key'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.
BIO Key International Backtested Returns
BIO Key is abnormally volatile given 3 months investment horizon. BIO Key International secures Sharpe Ratio (or Efficiency) of 0.0703, which signifies that the company had a 0.0703 % return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.08% are justified by taking the suggested risk. Use BIO Key mean deviation of 8.4, and Risk Adjusted Performance of 0.0685 to evaluate company specific risk that cannot be diversified away. BIO Key holds a performance score of 5 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BIO Key's returns are expected to increase less than the market. However, during the bear market, the loss of holding BIO Key is expected to be smaller as well. Use BIO Key semi variance, and the relationship between the treynor ratio and daily balance of power , to analyze future returns on BIO Key.
Auto-correlation | 0.57 |
Modest predictability
BIO Key International has modest predictability. Overlapping area represents the amount of predictability between BIO Key time series from 1st of October 2024 to 30th of November 2024 and 30th of November 2024 to 29th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BIO Key International price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current BIO Key price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
BIO Key International lagged returns against current returns
Autocorrelation, which is BIO Key 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 BIO Key's stock expected returns. We can calculate the autocorrelation of BIO Key returns to help us make a trade decision. For example, suppose you find that BIO Key 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 |
BIO Key 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 BIO Key stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BIO Key stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BIO Key stock over time.
Current vs Lagged Prices |
| Timeline |
BIO Key Lagged Returns
When evaluating BIO Key's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BIO Key stock have on its future price. BIO Key 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, BIO Key autocorrelation shows the relationship between BIO Key stock current value and its past values and can show if there is a momentum factor associated with investing in BIO Key International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether BIO Key International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BIO Key's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bio Key International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bio Key International Stock:Check out BIO Key Correlation, BIO Key Volatility and BIO Key Alpha and Beta module to complement your research on BIO Key. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
BIO Key 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.