Biomagnetics Diagnos Stock Market Value
| BMGP Stock | USD 0.00001 0.00 0.00% |
| Symbol | Biomagnetics |
Biomagnetics Diagnos Price To Book Ratio
Is Diagnostics & Research 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 Biomagnetics Diagnos. If investors know Biomagnetics 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 Biomagnetics Diagnos 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 Biomagnetics Diagnos is measured differently than its book value, which is the value of Biomagnetics that is recorded on the company's balance sheet. Investors also form their own opinion of Biomagnetics Diagnos' value that differs from its market value or its book value, called intrinsic value, which is Biomagnetics Diagnos' 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 Biomagnetics Diagnos' market value can be influenced by many factors that don't directly affect Biomagnetics Diagnos' 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 Biomagnetics Diagnos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Biomagnetics Diagnos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biomagnetics Diagnos' 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.
Biomagnetics Diagnos '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 Biomagnetics Diagnos' 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 Biomagnetics Diagnos.
| 11/16/2025 |
| 01/15/2026 |
If you would invest 0.00 in Biomagnetics Diagnos on November 16, 2025 and sell it all today you would earn a total of 0.00 from holding Biomagnetics Diagnos or generate 0.0% return on investment in Biomagnetics Diagnos over 60 days. Biomagnetics Diagnos is related to or competes with Orphazyme. Biomagnetics Diagnostics Corporation, a medical device and biotechnology company, designs, patents, and markets diagnost... More
Biomagnetics Diagnos 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 Biomagnetics Diagnos' 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 Biomagnetics Diagnos upside and downside potential and time the market with a certain degree of confidence.
Biomagnetics Diagnos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Biomagnetics Diagnos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Biomagnetics Diagnos' standard deviation. In reality, there are many statistical measures that can use Biomagnetics Diagnos historical prices to predict the future Biomagnetics Diagnos' volatility.Biomagnetics Diagnos Backtested Returns
Biomagnetics Diagnos 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. We were able to analyze and collect data for two different technical indicators, which can help you to evaluate if expected returns of 16.13% are justified by taking the suggested risk. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Biomagnetics Diagnos are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Biomagnetics Diagnos has no correlation between past and present. Overlapping area represents the amount of predictability between Biomagnetics Diagnos time series from 16th of November 2025 to 16th of December 2025 and 16th of December 2025 to 15th 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 Biomagnetics Diagnos price movement. The serial correlation of 0.0 indicates that just 0.0% of current Biomagnetics Diagnos price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Biomagnetics Diagnos lagged returns against current returns
Autocorrelation, which is Biomagnetics Diagnos 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 Biomagnetics Diagnos' stock expected returns. We can calculate the autocorrelation of Biomagnetics Diagnos returns to help us make a trade decision. For example, suppose you find that Biomagnetics Diagnos 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 |
Biomagnetics Diagnos 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 Biomagnetics Diagnos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Biomagnetics Diagnos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Biomagnetics Diagnos stock over time.
Current vs Lagged Prices |
| Timeline |
Biomagnetics Diagnos Lagged Returns
When evaluating Biomagnetics Diagnos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Biomagnetics Diagnos stock have on its future price. Biomagnetics Diagnos 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, Biomagnetics Diagnos autocorrelation shows the relationship between Biomagnetics Diagnos stock current value and its past values and can show if there is a momentum factor associated with investing in Biomagnetics Diagnos.
Regressed Prices |
| Timeline |
Pair Trading with Biomagnetics Diagnos
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Biomagnetics Diagnos position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Biomagnetics Diagnos will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Biomagnetics Diagnos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Biomagnetics Diagnos when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Biomagnetics Diagnos - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Biomagnetics Diagnos to buy it.
The correlation of Biomagnetics Diagnos is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Biomagnetics Diagnos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Biomagnetics Diagnos moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Biomagnetics Diagnos can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Biomagnetics Stock Analysis
When running Biomagnetics Diagnos' price analysis, check to measure Biomagnetics Diagnos' 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 Biomagnetics Diagnos is operating at the current time. Most of Biomagnetics Diagnos' value examination focuses on studying past and present price action to predict the probability of Biomagnetics Diagnos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biomagnetics Diagnos' price. Additionally, you may evaluate how the addition of Biomagnetics Diagnos to your portfolios can decrease your overall portfolio volatility.