Bionomics Limited Volatility
| BNOEFDelisted Stock | USD 0.01 0.00 0.00% |
We have found twenty-five technical indicators for Bionomics Limited, which you can use to evaluate the volatility of the firm. Please confirm Bionomics' Risk Adjusted Performance of 0.1022, mean deviation of 23.9, and Downside Deviation of 26.98 to double-check if the risk estimate we provide is consistent with the expected return of 0.0%. Key indicators related to Bionomics' volatility include:
270 Days Market Risk | Chance Of Distress | 270 Days Economic Sensitivity |
Bionomics Pink Sheet volatility depicts how high the prices fluctuate around the mean (or its average) price. In other words, it is a statistical measure of the distribution of Bionomics daily returns, and it is calculated using variance and standard deviation. We also use Bionomics's beta, its sensitivity to the market, as well as its odds of financial distress to provide a more practical estimation of Bionomics volatility.
Bionomics |
Since volatility provides investors with entry points to take advantage of stock prices, companies, such as Bionomics can benefit from it. Downward market volatility can be a perfect environment for investors who play the long game as hey may decide to buy additional stocks of Bionomics at lower prices to lower their average cost per share. Similarly, when the prices of Bionomics' stock rise, investors can sell out and invest the proceeds in other equities with better opportunities.
Moving against Bionomics Pink Sheet
Bionomics Market Sensitivity And Downside Risk
Bionomics' beta coefficient measures the volatility of Bionomics pink sheet compared to the systematic risk of the entire market represented by your selected benchmark. In mathematical terms, beta represents the slope of the line through a regression of data points where each of these points represents Bionomics pink sheet's returns against your selected market. In other words, Bionomics's beta of 0.32 provides an investor with an approximation of how much risk Bionomics pink sheet can potentially add to one of your existing portfolios. Bionomics Limited is showing large volatility of returns over the selected time horizon. Bionomics Limited is a penny stock. Although Bionomics may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Bionomics Limited. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Bionomics instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
3 Months Beta |Analyze Bionomics Limited Demand TrendCheck current 90 days Bionomics correlation with market (Dow Jones Industrial)Bionomics Beta |
Bionomics standard deviation measures the daily dispersion of prices over your selected time horizon relative to its mean. A typical volatile entity has a high standard deviation, while the deviation of a stable instrument is usually low. As a downside, the standard deviation calculates all uncertainty as risk, even when it is in your favor, such as above-average returns.
Standard Deviation | 0.0 |
It is essential to understand the difference between upside risk (as represented by Bionomics's standard deviation) and the downside risk, which can be measured by semi-deviation or downside deviation of Bionomics' daily returns or price. Since the actual investment returns on holding a position in bionomics pink sheet tend to have a non-normal distribution, there will be different probabilities for losses than for gains. The likelihood of losses is reflected in the downside risk of an investment in Bionomics.
Bionomics Limited Pink Sheet Volatility Analysis
Volatility refers to the frequency at which Bionomics pink sheet price increases or decreases within a specified period. These fluctuations usually indicate the level of risk that's associated with Bionomics' price changes. Investors will then calculate the volatility of Bionomics' pink sheet to predict their future moves. A pink sheet that has erratic price changes quickly hits new highs, and lows are considered highly volatile. A pink sheet with relatively stable price changes has low volatility. A highly volatile pink sheet is riskier, but the risk cuts both ways. Investing in highly volatile security can either be highly successful, or you may experience significant failure. There are two main types of Bionomics' volatility:
Historical Volatility
This type of pink sheet volatility measures Bionomics' fluctuations based on previous trends. It's commonly used to predict Bionomics' future behavior based on its past. However, it cannot conclusively determine the future direction of the pink sheet.Implied Volatility
This type of volatility provides a positive outlook on future price fluctuations for Bionomics' current market price. This means that the pink sheet will return to its initially predicted market price. This type of volatility can be derived from derivative instruments written on Bionomics' to be redeemed at a future date.Transformation |
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Bionomics Projected Return Density Against Market
Assuming the 90 days horizon Bionomics has a beta of 0.3202 suggesting as returns on the market go up, Bionomics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Bionomics Limited will be expected to be much smaller as well.Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Bionomics or Healthcare sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Bionomics' price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Bionomics pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
Bionomics Limited has an alpha of 4.2, implying that it can generate a 4.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Predicted Return Density |
| Returns |
What Drives a Bionomics Price Volatility?
Several factors can influence a pink sheet's market volatility:Industry
Specific events can influence volatility within a particular industry. For instance, a significant weather upheaval in a crucial oil-production site may cause oil prices to increase in the oil sector. The direct result will be the rise in the stock price of oil distribution companies. Similarly, any government regulation in a specific industry could negatively influence stock prices due to increased regulations on compliance that may impact the company's future earnings and growth.Political and Economic environment
When governments make significant decisions regarding trade agreements, policies, and legislation regarding specific industries, they will influence stock prices. Everything from speeches to elections may influence investors, who can directly influence the stock prices in any particular industry. The prevailing economic situation also plays a significant role in stock prices. When the economy is doing well, investors will have a positive reaction and hence, better stock prices and vice versa.The Company's Performance
Sometimes volatility will only affect an individual company. For example, a revolutionary product launch or strong earnings report may attract many investors to purchase the company. This positive attention will raise the company's stock price. In contrast, product recalls and data breaches may negatively influence a company's stock prices.Bionomics Pink Sheet Return Volatility
Bionomics historical daily return volatility represents how much of Bionomics pink sheet's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company shows 0.0% volatility of returns over 90 . By contrast, Dow Jones Industrial accepts 0.7502% volatility on return distribution over the 90 days horizon. Performance |
| Timeline |
About Bionomics Volatility
Volatility is a rate at which the price of Bionomics or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Bionomics may increase or decrease. In other words, similar to Bionomics's beta indicator, it measures the risk of Bionomics and helps estimate the fluctuations that may happen in a short period of time. So if prices of Bionomics fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.Bionomics Limited, a clinical stage biopharmaceutical company, discovers and develops novel drug candidates for the treatment of central nervous system disorders and cancers. Bionomics Limited was incorporated in 1996 and is based in Eastwood, Australia. Bionomics is traded on OTC Exchange in the United States.
Bionomics' stock volatility refers to the amount of uncertainty or risk involved with the size of changes in its stock's price. It is a statistical measure of the dispersion of returns on Bionomics Pink Sheet over a specified period of time, often expressed as the standard deviation of daily returns. In other words, it measures how much Bionomics' price varies over time.
3 ways to utilize Bionomics' volatility to invest better
Higher Bionomics' stock volatility means that the price of its stock is changing rapidly and unpredictably, while lower stock volatility indicates that the price of Bionomics Limited stock is relatively stable. Investors and traders use stock volatility as an indicator of risk and potential reward, as stocks with higher volatility can offer the potential for more significant returns but also come with a greater risk of losses. Bionomics Limited stock volatility can provide helpful information for making investment decisions in the following ways:- Measuring Risk: Volatility can be used as a measure of risk, which can help you determine the potential fluctuations in the value of Bionomics Limited investment. A higher volatility means higher risk and potentially larger changes in value.
- Identifying Opportunities: High volatility in Bionomics' stock can indicate that there is potential for significant price movements, either up or down, which could present investment opportunities.
- Diversification: Understanding how the volatility of Bionomics' stock relates to your other investments can help you create a well-diversified portfolio of assets with varying levels of risk.
Bionomics Investment Opportunity
Dow Jones Industrial has a standard deviation of returns of 0.75 and is 9.223372036854776E16 times more volatile than Bionomics Limited. Compared to the overall equity markets, volatility of historical daily returns of Bionomics Limited is lower than 0 percent of all global equities and portfolios over the last 90 days. You can use Bionomics Limited to protect your portfolios against small market fluctuations. The pink sheet experiences a normal downward fluctuation but is a risky buy. Check odds of Bionomics to be traded at $0.013 in 90 days.Significant diversification
The correlation between Bionomics Limited and DJI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Bionomics Limited and DJI in the same portfolio, assuming nothing else is changed.
Bionomics Additional Risk Indicators
The analysis of Bionomics' secondary risk indicators is one of the essential steps in making a buy or sell decision. The process involves identifying the amount of risk involved in Bionomics' investment and either accepting that risk or mitigating it. Along with some common measures of Bionomics pink sheet's risk such as standard deviation, beta, or value at risk, we also provide a set of secondary indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Risk Adjusted Performance | 0.1022 | |||
| Market Risk Adjusted Performance | 13.25 | |||
| Mean Deviation | 23.9 | |||
| Semi Deviation | 19.78 | |||
| Downside Deviation | 26.98 | |||
| Coefficient Of Variation | 827.29 | |||
| Standard Deviation | 35.17 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential pink sheets, we recommend comparing similar pink sheets with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Bionomics Suggested Diversification Pairs
Pair trading is one of the very effective strategies used by professional day traders and hedge funds capitalizing on short-time and mid-term market inefficiencies. The approach is based on the fact that the ratio of prices of two correlating shares is long-term stable and oscillates around the average value. If the correlation ratio comes outside the common area, you can speculate with a high success rate that the ratio will return to the mean value and collect a profit.
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The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Bionomics as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Bionomics' systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Bionomics' unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Bionomics Limited.
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 income. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in Bionomics Pink Sheet
If you are still planning to invest in Bionomics Limited 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 Bionomics' history and understand the potential risks before investing.
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