Bioatla Stock Price on May 1, 2023

If you're considering investing in Bioatla Stock, it is important to understand the factors that can impact its price. Bioatla secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Bioatla exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bioatla's Risk Adjusted Performance of (0.10), mean deviation of 5.2, and Standard Deviation of 8.08 to double-check the risk estimate we provide.
  
Bioatla Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1383

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsBCAB

Estimated Market Risk

 8.08
  actual daily
71
71% of assets are less volatile

Expected Return

 -1.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  actual daily
0
Most of other assets perform better
Based on monthly moving average Bioatla is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bioatla by adding Bioatla to a well-diversified portfolio.

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Price Boundaries

Bioatla Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bioatla cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Bioatla December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Bioatla stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bioatla shares will generate the highest return on investment. By undertsting and applying Bioatla stock market strength indicators, traders can identify Bioatla entry and exit signals to maximize returns

Bioatla Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bioatla's price direction in advance. Along with the technical and fundamental analysis of Bioatla Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bioatla to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 nation.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Tools for Bioatla Stock

When running Bioatla's price analysis, check to measure Bioatla'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 Bioatla is operating at the current time. Most of Bioatla's value examination focuses on studying past and present price action to predict the probability of Bioatla's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bioatla's price. Additionally, you may evaluate how the addition of Bioatla to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
CEOs Directory
Screen CEOs from public companies around the world
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk