Sirona Biochem Corp Stock Market Value

SRBCF Stock  USD 0.05  0.01  12.50%   
Sirona Biochem's market value is the price at which a share of Sirona Biochem trades on a public exchange. It measures the collective expectations of Sirona Biochem Corp investors about its performance. Sirona Biochem is trading at 0.0455 as of the 11th of December 2024. This is a 12.5% down since the beginning of the trading day. The stock's lowest day price was 0.0455.
With this module, you can estimate the performance of a buy and hold strategy of Sirona Biochem Corp and determine expected loss or profit from investing in Sirona Biochem over a given investment horizon. Check out Sirona Biochem Correlation, Sirona Biochem Volatility and Sirona Biochem Alpha and Beta module to complement your research on Sirona Biochem.
Symbol

Please note, there is a significant difference between Sirona Biochem's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sirona Biochem is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sirona Biochem'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.

Sirona Biochem '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 Sirona Biochem's pink sheet 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 Sirona Biochem.
0.00
11/11/2024
No Change 0.00  0.0 
In 31 days
12/11/2024
0.00
If you would invest  0.00  in Sirona Biochem on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Sirona Biochem Corp or generate 0.0% return on investment in Sirona Biochem over 30 days. Sirona Biochem is related to or competes with Ascletis Pharma, Surrozen, Bolt Biotherapeutics, Larimar Therapeutics, Keros Therapeutics, Kezar Life, and Coya Therapeutics,. Sirona Biochem Corp., a cosmetic ingredient and drug discovery company, develops and sells cosmetic and pharmaceutical a... More

Sirona Biochem 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 Sirona Biochem's pink sheet 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 Sirona Biochem Corp upside and downside potential and time the market with a certain degree of confidence.

Sirona Biochem Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sirona Biochem's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sirona Biochem's standard deviation. In reality, there are many statistical measures that can use Sirona Biochem historical prices to predict the future Sirona Biochem's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sirona Biochem'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.
Hype
Prediction
LowEstimatedHigh
0.000.057.61
Details
Intrinsic
Valuation
LowRealHigh
0.000.047.60
Details
Naive
Forecast
LowNextHigh
0.00080.047.60
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.040.050.06
Details

Sirona Biochem Corp Backtested Returns

Sirona Biochem appears to be out of control, given 3 months investment horizon. Sirona Biochem Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0344, which indicates the firm had a 0.0344% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Sirona Biochem Corp, which you can use to evaluate the volatility of the company. Please review Sirona Biochem's Risk Adjusted Performance of 0.0089, coefficient of variation of (420,914), and Variance of 58.84 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sirona Biochem holds a performance score of 2. The entity has a beta of -0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sirona Biochem are expected to decrease at a much lower rate. During the bear market, Sirona Biochem is likely to outperform the market. Please check Sirona Biochem's skewness, as well as the relationship between the rate of daily change and price action indicator , to make a quick decision on whether Sirona Biochem's existing price patterns will revert.

Auto-correlation

    
  0.21  

Weak predictability

Sirona Biochem Corp has weak predictability. Overlapping area represents the amount of predictability between Sirona Biochem time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Sirona Biochem Corp price movement. The serial correlation of 0.21 indicates that over 21.0% of current Sirona Biochem price fluctuation can be explain by its past prices.
Correlation Coefficient0.21
Spearman Rank Test-0.26
Residual Average0.0
Price Variance0.0

Sirona Biochem Corp lagged returns against current returns

Autocorrelation, which is Sirona Biochem pink sheet'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 Sirona Biochem's pink sheet expected returns. We can calculate the autocorrelation of Sirona Biochem returns to help us make a trade decision. For example, suppose you find that Sirona Biochem has exhibited high autocorrelation historically, and you observe that the pink sheet 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  

Sirona Biochem 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 Sirona Biochem pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sirona Biochem pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sirona Biochem pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Sirona Biochem Lagged Returns

When evaluating Sirona Biochem's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sirona Biochem pink sheet have on its future price. Sirona Biochem 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, Sirona Biochem autocorrelation shows the relationship between Sirona Biochem pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sirona Biochem Corp.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Sirona Pink Sheet

Sirona Biochem financial ratios help investors to determine whether Sirona Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sirona with respect to the benefits of owning Sirona Biochem security.