Biofrontera Stock Technical Analysis
| BFRI Stock | USD 0.76 0.02 2.56% |
As of the 22nd of November, Biofrontera shows the Standard Deviation of 8.31, risk adjusted performance of (0.03), and Mean Deviation of 5.92. Biofrontera technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
Biofrontera Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Biofrontera, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BiofronteraBiofrontera |
Biofrontera Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 25.5 | Strong Buy | 2 | Odds |
Most Biofrontera analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Biofrontera stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Biofrontera, talking to its executives and customers, or listening to Biofrontera conference calls.
Biofrontera 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.
Biofrontera Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Biofrontera volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Biofrontera Trend Analysis
Use this graph to draw trend lines for Biofrontera. You can use it to identify possible trend reversals for Biofrontera as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Biofrontera price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Biofrontera Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Biofrontera applied against its price change over selected period. The best fit line has a slop of 0.0083 , which may suggest that Biofrontera market price will keep on failing further. It has 122 observation points and a regression sum of squares at 2.62, which is the sum of squared deviations for the predicted Biofrontera price change compared to its average price change.About Biofrontera Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Biofrontera on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Biofrontera based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Biofrontera price pattern first instead of the macroeconomic environment surrounding Biofrontera. By analyzing Biofrontera's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Biofrontera's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Biofrontera specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 19.36 | 11.88 | 1.94 | 1.84 | Days Of Inventory On Hand | 127.7 | 172.3 | 228.24 | 246.84 |
Biofrontera November 22, 2024 Technical Indicators
Most technical analysis of Biofrontera 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 Biofrontera from various momentum indicators to cycle indicators. When you analyze Biofrontera charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | 0.1572 | |||
| Mean Deviation | 5.92 | |||
| Coefficient Of Variation | (2,224) | |||
| Standard Deviation | 8.31 | |||
| Variance | 69.04 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (1.47) | |||
| Treynor Ratio | 0.1472 | |||
| Maximum Drawdown | 46.72 | |||
| Value At Risk | (11.70) | |||
| Potential Upside | 14.63 | |||
| Skewness | 0.954 | |||
| Kurtosis | 2.72 |
Complementary Tools for Biofrontera Stock analysis
When running Biofrontera's price analysis, check to measure Biofrontera'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 Biofrontera is operating at the current time. Most of Biofrontera's value examination focuses on studying past and present price action to predict the probability of Biofrontera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biofrontera's price. Additionally, you may evaluate how the addition of Biofrontera to your portfolios can decrease your overall portfolio volatility.
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