Bioatla Stock Statistic Functions Beta

BCAB Stock  USD 1.66  0.09  5.73%   
Bioatla statistic functions tool provides the execution environment for running the Beta function and other technical functions against Bioatla. Bioatla value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Bioatla statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Bioatla correlated with the market. If Beta is less than 0 Bioatla generally moves in the opposite direction as compared to the market. If Bioatla Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bioatla is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bioatla is generally in the same direction as the market. If Beta > 1 Bioatla moves generally in the same direction as, but more than the movement of the benchmark.

Bioatla Technical Analysis Modules

Most technical analysis of Bioatla help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Bioatla from various momentum indicators to cycle indicators. When you analyze Bioatla charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Bioatla Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Bioatla. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bioatla based on widely used predictive technical indicators. In general, we focus on analyzing Bioatla Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bioatla's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Bioatla's intrinsic value. In addition to deriving basic predictive indicators for Bioatla, we also check how macroeconomic factors affect Bioatla price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2023 2024 (projected)
Interest Debt Per Share0.160.05150.0489
Revenue Per Share0.0072340.0083190.007903
Hype
Prediction
LowEstimatedHigh
0.081.657.54
Details
Intrinsic
Valuation
LowRealHigh
0.234.6910.58
Details
4 Analysts
Consensus
LowTargetHigh
12.7414.0015.54
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.4-0.38-0.36
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bioatla. Your research has to be compared to or analyzed against Bioatla's peers to derive any actionable benefits. When done correctly, Bioatla's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Bioatla.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bioatla in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bioatla's short interest history, or implied volatility extrapolated from Bioatla options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Casinos Idea
Casinos
Invested over 90 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Momentum Idea
Momentum
Invested over 60 shares
Business Services Idea
Business Services
Invested over 100 shares
Banking Idea
Banking
Invested over 20 shares
Disruptive Technologies Idea
Disruptive Technologies
Invested few shares
Adviser Favorites Idea
Adviser Favorites
Invested few shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 50 shares
Manufacturing Idea
Manufacturing
Invested over 30 shares
Chemicals Idea
Chemicals
Invested over 30 shares
Investor Favorites Idea
Investor Favorites
Invested over 60 shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
When determining whether Bioatla offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bioatla's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bioatla Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bioatla Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bioatla. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Bioatla Stock refer to our How to Trade Bioatla Stock guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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 Bioatla. If investors know Bioatla 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 Bioatla listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.70)
Revenue Per Share
0.228
Quarterly Revenue Growth
0.316
Return On Assets
(0.50)
Return On Equity
(1.39)
The market value of Bioatla is measured differently than its book value, which is the value of Bioatla that is recorded on the company's balance sheet. Investors also form their own opinion of Bioatla's value that differs from its market value or its book value, called intrinsic value, which is Bioatla'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 Bioatla's market value can be influenced by many factors that don't directly affect Bioatla'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 Bioatla's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bioatla is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bioatla'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.