Benitec Biopharma Ltd Stock Market Value
| BNTC Stock | USD 10.30 0.76 6.87% |
| Symbol | Benitec |
Benitec Biopharma 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 Benitec Biopharma. If investors know Benitec 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 Benitec Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.51) | Revenue Per Share | Quarterly Revenue Growth 0.125 | Return On Assets | Return On Equity |
The market value of Benitec Biopharma is measured differently than its book value, which is the value of Benitec that is recorded on the company's balance sheet. Investors also form their own opinion of Benitec Biopharma's value that differs from its market value or its book value, called intrinsic value, which is Benitec Biopharma'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 Benitec Biopharma's market value can be influenced by many factors that don't directly affect Benitec Biopharma'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 Benitec Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Benitec Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Benitec Biopharma'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.
Benitec Biopharma '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 Benitec Biopharma'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 Benitec Biopharma.
| 01/30/2023 |
| 01/19/2025 |
If you would invest 0.00 in Benitec Biopharma on January 30, 2023 and sell it all today you would earn a total of 0.00 from holding Benitec Biopharma Ltd or generate 0.0% return on investment in Benitec Biopharma over 720 days. Benitec Biopharma is related to or competes with Bio Path, Capricor Therapeutics, NextCure, Aileron Therapeutics, Zura Bio, ZyVersa Therapeutics, and Apollomics. Benitec Biopharma Inc., a development-stage biotechnology company, focuses on the development of novel genetic medicines More
Benitec Biopharma 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 Benitec Biopharma'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 Benitec Biopharma Ltd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.11 | |||
| Information Ratio | 0.0207 | |||
| Maximum Drawdown | 24.67 | |||
| Value At Risk | (6.24) | |||
| Potential Upside | 8.46 |
Benitec Biopharma Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Benitec Biopharma's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Benitec Biopharma's standard deviation. In reality, there are many statistical measures that can use Benitec Biopharma historical prices to predict the future Benitec Biopharma's volatility.| Risk Adjusted Performance | 0.0308 | |||
| Jensen Alpha | 0.1296 | |||
| Total Risk Alpha | 0.0061 | |||
| Sortino Ratio | 0.0236 | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Benitec Biopharma'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.
Benitec Biopharma Backtested Returns
Benitec Biopharma secures Sharpe Ratio (or Efficiency) of -0.0054, which signifies that the company had a -0.0054% return per unit of risk over the last 3 months. Benitec Biopharma Ltd exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Benitec Biopharma's Mean Deviation of 3.47, downside deviation of 4.11, and Risk Adjusted Performance of 0.0308 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.65, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Benitec Biopharma are expected to decrease at a much lower rate. During the bear market, Benitec Biopharma is likely to outperform the market. At this point, Benitec Biopharma has a negative expected return of -0.0239%. Please make sure to confirm Benitec Biopharma's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Benitec Biopharma performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Benitec Biopharma Ltd has good reverse predictability. Overlapping area represents the amount of predictability between Benitec Biopharma time series from 30th of January 2023 to 25th of January 2024 and 25th of January 2024 to 19th 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 Benitec Biopharma price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Benitec Biopharma price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 6.48 |
Benitec Biopharma lagged returns against current returns
Autocorrelation, which is Benitec Biopharma 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 Benitec Biopharma's stock expected returns. We can calculate the autocorrelation of Benitec Biopharma returns to help us make a trade decision. For example, suppose you find that Benitec Biopharma 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 |
Benitec Biopharma 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 Benitec Biopharma stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Benitec Biopharma stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Benitec Biopharma stock over time.
Current vs Lagged Prices |
| Timeline |
Benitec Biopharma Lagged Returns
When evaluating Benitec Biopharma's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Benitec Biopharma stock have on its future price. Benitec Biopharma 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, Benitec Biopharma autocorrelation shows the relationship between Benitec Biopharma stock current value and its past values and can show if there is a momentum factor associated with investing in Benitec Biopharma Ltd.
Regressed Prices |
| Timeline |
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Check out Benitec Biopharma Correlation, Benitec Biopharma Volatility and Benitec Biopharma Alpha and Beta module to complement your research on Benitec Biopharma. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Benitec Biopharma 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.