Ibio Inc Stock Market Value
| IBIO Stock | USD 2.64 0.19 7.76% |
| Symbol | Ibio |
Ibio Inc 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 Ibio. If investors know Ibio 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 Ibio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.03) | Revenue Per Share 0.059 | Quarterly Revenue Growth (0.88) | Return On Assets (0.30) | Return On Equity (0.84) |
The market value of Ibio Inc is measured differently than its book value, which is the value of Ibio that is recorded on the company's balance sheet. Investors also form their own opinion of Ibio's value that differs from its market value or its book value, called intrinsic value, which is Ibio'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 Ibio's market value can be influenced by many factors that don't directly affect Ibio'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 Ibio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ibio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ibio'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.
Ibio '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 Ibio'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 Ibio.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Ibio on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Ibio Inc or generate 0.0% return on investment in Ibio over 270 days. Ibio is related to or competes with Jaguar Animal, GeoVax Labs, Ocugen, Tonix Pharmaceuticals, Sonnet Biotherapeutics, Palisade Bio, and Vaxart. iBio, Inc., a biotechnology company, provides contract development and manufacturing services to collaborators and third... More
Ibio 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 Ibio'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 Ibio Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.04 | |||
| Information Ratio | 0.0797 | |||
| Maximum Drawdown | 30.48 | |||
| Value At Risk | (6.47) | |||
| Potential Upside | 7.76 |
Ibio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ibio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ibio's standard deviation. In reality, there are many statistical measures that can use Ibio historical prices to predict the future Ibio's volatility.| Risk Adjusted Performance | 0.0893 | |||
| Jensen Alpha | 0.4553 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.1007 | |||
| Treynor Ratio | 0.8853 |
Ibio Inc Backtested Returns
Ibio appears to be dangerous, given 3 months investment horizon. Ibio Inc holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. By evaluating Ibio's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please utilize Ibio's Risk Adjusted Performance of 0.0893, downside deviation of 4.04, and Market Risk Adjusted Performance of 0.8953 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ibio holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.6, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Ibio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ibio is expected to be smaller as well. Please check Ibio's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Ibio's current trending patterns will revert.
Auto-correlation | 0.22 |
Weak predictability
Ibio Inc has weak predictability. Overlapping area represents the amount of predictability between Ibio time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Ibio Inc price movement. The serial correlation of 0.22 indicates that over 22.0% of current Ibio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Ibio Inc lagged returns against current returns
Autocorrelation, which is Ibio 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 Ibio's stock expected returns. We can calculate the autocorrelation of Ibio returns to help us make a trade decision. For example, suppose you find that Ibio 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 |
Ibio 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 Ibio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ibio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ibio stock over time.
Current vs Lagged Prices |
| Timeline |
Ibio Lagged Returns
When evaluating Ibio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ibio stock have on its future price. Ibio 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, Ibio autocorrelation shows the relationship between Ibio stock current value and its past values and can show if there is a momentum factor associated with investing in Ibio Inc.
Regressed Prices |
| Timeline |
Pair Trading with Ibio
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 Ibio 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 Ibio will appreciate offsetting losses from the drop in the long position's value.Moving against Ibio Stock
| 0.67 | NKTX | Nkarta Inc | PairCorr |
| 0.67 | CYRX | Cryoport | PairCorr |
| 0.63 | MTEM | Molecular Templates | PairCorr |
| 0.61 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.56 | TPST | Tempest Therapeutics | PairCorr |
The ability to find closely correlated positions to Ibio could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ibio 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 Ibio - 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 Ibio Inc to buy it.
The correlation of Ibio 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 Ibio moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ibio Inc 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 Ibio 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.Check out Ibio Correlation, Ibio Volatility and Ibio Alpha and Beta module to complement your research on Ibio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Ibio 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.