Biofrontera Warrants Stock Technical Analysis
BFRIW Stock | USD 0.06 0 1.69% |
As of the 23rd of November, Biofrontera Warrants shows the Risk Adjusted Performance of 0.1077, mean deviation of 25.29, and Downside Deviation of 28.07. Biofrontera Warrants 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. Please confirm Biofrontera Warrants coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Biofrontera Warrants is priced correctly, providing market reflects its regular price of 0.0639 per share. As Biofrontera Warrants appears to be a penny stock we also recommend to validate its total risk alpha numbers.
Biofrontera Warrants 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 Warrants 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 Warrants Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Warrants volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Biofrontera Warrants Trend Analysis
Use this graph to draw trend lines for Biofrontera Warrants. You can use it to identify possible trend reversals for Biofrontera Warrants 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 Warrants price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Biofrontera Warrants Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Biofrontera Warrants applied against its price change over selected period. The best fit line has a slop of 0.0009 , which means Biofrontera Warrants will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted Biofrontera Warrants price change compared to its average price change.About Biofrontera Warrants 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 Warrants 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 Warrants based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Biofrontera Warrants price pattern first instead of the macroeconomic environment surrounding Biofrontera Warrants. By analyzing Biofrontera Warrants'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 Warrants'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 Warrants 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 Warrants November 23, 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.
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Volume Indicators |
Risk Adjusted Performance | 0.1077 | |||
Market Risk Adjusted Performance | (9.29) | |||
Mean Deviation | 25.29 | |||
Semi Deviation | 17.83 | |||
Downside Deviation | 28.07 | |||
Coefficient Of Variation | 783.81 | |||
Standard Deviation | 55.07 | |||
Variance | 3032.66 | |||
Information Ratio | 0.1252 | |||
Jensen Alpha | 7.11 | |||
Total Risk Alpha | (1.66) | |||
Sortino Ratio | 0.2456 | |||
Treynor Ratio | (9.30) | |||
Maximum Drawdown | 452.55 | |||
Value At Risk | (35.53) | |||
Potential Upside | 77.27 | |||
Downside Variance | 788.15 | |||
Semi Variance | 317.96 | |||
Expected Short fall | (52.38) | |||
Skewness | 5.29 | |||
Kurtosis | 35.57 |
Additional Tools for Biofrontera Stock Analysis
When running Biofrontera Warrants' price analysis, check to measure Biofrontera Warrants' 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 Warrants is operating at the current time. Most of Biofrontera Warrants' value examination focuses on studying past and present price action to predict the probability of Biofrontera Warrants' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biofrontera Warrants' price. Additionally, you may evaluate how the addition of Biofrontera Warrants to your portfolios can decrease your overall portfolio volatility.