Bg Medicine Stock Technical Analysis
BGMDDelisted Stock | USD 0.0002 0.00 0.00% |
As of the 24th of November, BG Medicine owns the Information Ratio of 0.1582, variance of 1196.11, and Market Risk Adjusted Performance of 0.8938. BG Medicine technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm BG Medicine coefficient of variation, as well as the relationship between the total risk alpha and potential upside to decide if BG Medicine is priced fairly, providing market reflects its prevailing price of 2.0E-4 per share. As BG Medicine appears to be a penny stock we also recommend to validate its jensen alpha numbers.
BG Medicine Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BGMD, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BGMDBGMD |
BG Medicine technical pink sheet 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, pink sheet market cycles, or different charting patterns.
BG Medicine Technical Analysis
We are not able to run technical analysis function on this symbol. We either do not have that equity or its historical data is not available at this time. Please try again later.
BG Medicine Trend Analysis
Use this graph to draw trend lines for BG Medicine. You can use it to identify possible trend reversals for BG Medicine 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 BG Medicine price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BG Medicine Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BG Medicine applied against its price change over selected period. The best fit line has a slop of 0 , which may suggest that BG Medicine market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted BG Medicine price change compared to its average price change.About BG Medicine 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 BG Medicine 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 BG Medicine based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BG Medicine price pattern first instead of the macroeconomic environment surrounding BG Medicine. By analyzing BG Medicine'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 BG Medicine'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 BG Medicine specific price patterns or momentum indicators. Please read more on our technical analysis page.
BG Medicine November 24, 2024 Technical Indicators
Most technical analysis of BGMD 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 BGMD from various momentum indicators to cycle indicators. When you analyze BGMD 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 | 0.134 | |||
Market Risk Adjusted Performance | 0.8938 | |||
Mean Deviation | 14.93 | |||
Coefficient Of Variation | 617.47 | |||
Standard Deviation | 34.58 | |||
Variance | 1196.11 | |||
Information Ratio | 0.1582 | |||
Jensen Alpha | 4.83 | |||
Total Risk Alpha | 0.1445 | |||
Treynor Ratio | 0.8838 | |||
Maximum Drawdown | 266.67 | |||
Potential Upside | 50.0 | |||
Skewness | 3.43 | |||
Kurtosis | 18.23 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in BGMD Pink Sheet
If you are still planning to invest in BG Medicine check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BG Medicine's history and understand the potential risks before investing.
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |