Biovie Stock Forecast - Daily Balance Of Power
| BIVI Stock | USD 2.77 0.29 9.48% |
Biovie Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Biovie's historical fundamentals, such as revenue growth or operating cash flow patterns.
Biovie |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.23) | 0.1818 |
| Check Biovie Volatility | Backtest Biovie | Trend Details |
Biovie Trading Date Momentum
| On October 28 2024 Biovie Inc was traded for 2.87 at the closing time. The top price for the day was 3.22 and the lowest listed price was 2.66 . The trading volume for the day was 6.9 M. The trading history from October 28, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.35% . The overall trading delta against the current closing price is 2.80% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Biovie
For every potential investor in Biovie, whether a beginner or expert, Biovie's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Biovie Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Biovie. Basic forecasting techniques help filter out the noise by identifying Biovie's price trends.Biovie Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Biovie stock to make a market-neutral strategy. Peer analysis of Biovie could also be used in its relative valuation, which is a method of valuing Biovie by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Biovie Inc Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Biovie's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Biovie's current price.| Cycle Indicators | ||
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| Volume Indicators |
Biovie Market Strength Events
Market strength indicators help investors to evaluate how Biovie stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biovie shares will generate the highest return on investment. By undertsting and applying Biovie stock market strength indicators, traders can identify Biovie Inc entry and exit signals to maximize returns.
Biovie Risk Indicators
The analysis of Biovie's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Biovie's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting biovie stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 7.51 | |||
| Semi Deviation | 10.61 | |||
| Standard Deviation | 16.84 | |||
| Variance | 283.74 | |||
| Downside Variance | 142.22 | |||
| Semi Variance | 112.48 | |||
| Expected Short fall | (9.22) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Biovie Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biovie's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biovie Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biovie Inc Stock:Check out Historical Fundamental Analysis of Biovie to cross-verify your projections. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Biovie. If investors know Biovie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Biovie listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.08) | Return On Assets (0.67) | Return On Equity (2.08) |
The market value of Biovie Inc is measured differently than its book value, which is the value of Biovie that is recorded on the company's balance sheet. Investors also form their own opinion of Biovie's value that differs from its market value or its book value, called intrinsic value, which is Biovie's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Biovie's market value can be influenced by many factors that don't directly affect Biovie's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Biovie's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biovie is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biovie's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.