Bionomics Ltd Adr Stock Statistic Functions Beta

BNOX Stock  USD 0.28  0.02  6.67%   
Bionomics statistic functions tool provides the execution environment for running the Beta function and other technical functions against Bionomics. Bionomics 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. Bionomics 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.

The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Bionomics ADR correlated with the market. If Beta is less than 0 Bionomics generally moves in the opposite direction as compared to the market. If Bionomics Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bionomics ADR is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bionomics is generally in the same direction as the market. If Beta > 1 Bionomics moves generally in the same direction as, but more than the movement of the benchmark.

Bionomics Technical Analysis Modules

Most technical analysis of Bionomics 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 Bionomics from various momentum indicators to cycle indicators. When you analyze Bionomics 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 Bionomics 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 Bionomics Ltd ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bionomics Ltd ADR based on widely used predictive technical indicators. In general, we focus on analyzing Bionomics Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bionomics'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 Bionomics's intrinsic value. In addition to deriving basic predictive indicators for Bionomics, we also check how macroeconomic factors affect Bionomics price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Days Sales Outstanding7.8K7.0K7.3K
PTB Ratio146.340.390.37
Hype
Prediction
LowEstimatedHigh
0.010.2823.22
Details
Intrinsic
Valuation
LowRealHigh
0.122.4625.40
Details
Naive
Forecast
LowNextHigh
00.1723.11
Details
3 Analysts
Consensus
LowTargetHigh
8.199.009.99
Details

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Additional Tools for Bionomics Stock Analysis

When running Bionomics' price analysis, check to measure Bionomics' 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 Bionomics is operating at the current time. Most of Bionomics' value examination focuses on studying past and present price action to predict the probability of Bionomics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bionomics' price. Additionally, you may evaluate how the addition of Bionomics to your portfolios can decrease your overall portfolio volatility.