Intelligent Bio Solutions Stock Market Value
| INBS Stock | USD 1.51 0.04 2.58% |
| Symbol | Intelligent |
Intelligent Bio Solutions Price To Book Ratio
Is Health Care Equipment & Supplies 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 Intelligent Bio. If investors know Intelligent 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 Intelligent Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.30) | Revenue Per Share 1.954 | Quarterly Revenue Growth 0.642 | Return On Assets (0.53) | Return On Equity (1.72) |
The market value of Intelligent Bio Solutions is measured differently than its book value, which is the value of Intelligent that is recorded on the company's balance sheet. Investors also form their own opinion of Intelligent Bio's value that differs from its market value or its book value, called intrinsic value, which is Intelligent Bio'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 Intelligent Bio's market value can be influenced by many factors that don't directly affect Intelligent Bio'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 Intelligent Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intelligent Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intelligent Bio'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.
Intelligent Bio '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 Intelligent Bio'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 Intelligent Bio.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Intelligent Bio on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Intelligent Bio Solutions or generate 0.0% return on investment in Intelligent Bio over 30 days. Intelligent Bio is related to or competes with Eldorado Gold, Braskem SA, Hurco Companies, Axalta Coating, Ecolab, NL Industries, and Griffon. GBS Inc. operates as a biosensor diagnostic technology company in the Asia-Pacific and North America More
Intelligent Bio 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 Intelligent Bio'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 Intelligent Bio Solutions upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.43 | |||
| Information Ratio | 0.0812 | |||
| Maximum Drawdown | 40.29 | |||
| Value At Risk | (10.59) | |||
| Potential Upside | 13.16 |
Intelligent Bio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intelligent Bio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intelligent Bio's standard deviation. In reality, there are many statistical measures that can use Intelligent Bio historical prices to predict the future Intelligent Bio's volatility.| Risk Adjusted Performance | 0.0849 | |||
| Jensen Alpha | 0.682 | |||
| Total Risk Alpha | (0.44) | |||
| Sortino Ratio | 0.0926 | |||
| Treynor Ratio | 2.49 |
Intelligent Bio Solutions Backtested Returns
Intelligent Bio appears to be very risky, given 3 months investment horizon. Intelligent Bio Solutions holds Efficiency (Sharpe) Ratio of 0.0695, which attests that the entity had a 0.0695% return per unit of risk over the last 3 months. By evaluating Intelligent Bio's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize Intelligent Bio's Market Risk Adjusted Performance of 2.5, downside deviation of 6.43, and Risk Adjusted Performance of 0.0849 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Intelligent Bio holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Intelligent Bio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Intelligent Bio is expected to be smaller as well. Please check Intelligent Bio's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Intelligent Bio's current trending patterns will revert.
Auto-correlation | 0.13 |
Insignificant predictability
Intelligent Bio Solutions has insignificant predictability. Overlapping area represents the amount of predictability between Intelligent Bio time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Intelligent Bio Solutions price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Intelligent Bio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Intelligent Bio Solutions lagged returns against current returns
Autocorrelation, which is Intelligent Bio 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 Intelligent Bio's stock expected returns. We can calculate the autocorrelation of Intelligent Bio returns to help us make a trade decision. For example, suppose you find that Intelligent Bio 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 |
Intelligent Bio 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 Intelligent Bio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intelligent Bio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intelligent Bio stock over time.
Current vs Lagged Prices |
| Timeline |
Intelligent Bio Lagged Returns
When evaluating Intelligent Bio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intelligent Bio stock have on its future price. Intelligent Bio 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, Intelligent Bio autocorrelation shows the relationship between Intelligent Bio stock current value and its past values and can show if there is a momentum factor associated with investing in Intelligent Bio Solutions.
Regressed Prices |
| Timeline |
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Additional Tools for Intelligent Stock Analysis
When running Intelligent Bio's price analysis, check to measure Intelligent Bio'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 Intelligent Bio is operating at the current time. Most of Intelligent Bio's value examination focuses on studying past and present price action to predict the probability of Intelligent Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intelligent Bio's price. Additionally, you may evaluate how the addition of Intelligent Bio to your portfolios can decrease your overall portfolio volatility.