Bio Path Holdings Stock Price on October 22, 2024
| BPTH Stock | USD 0.77 0.03 3.75% |
If you're considering investing in Bio Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bio Path stands at 0.77, as last reported on the 2nd of December, with the highest price reaching 0.81 and the lowest price hitting 0.77 during the day. Bio Path Holdings secures Sharpe Ratio (or Efficiency) of -0.0302, which signifies that the company had a -0.0302% return per unit of risk over the last 3 months. Bio Path Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bio Path's Mean Deviation of 3.88, standard deviation of 6.62, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide.
Bio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Bio |
Sharpe Ratio = -0.0302
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Estimated Market Risk
| 6.62 actual daily | 58 58% of assets are less volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bio Path 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 Bio Path by adding Bio Path to a well-diversified portfolio.
Bio Path Valuation on October 22, 2024
It is possible to determine the worth of Bio Path on a given historical date. On October 22, 2024 Bio was worth 1.06 at the beginning of the trading date compared to the closed value of 1.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bio Path stock. Still, in general, we apply an absolute valuation method to find Bio Path's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bio Path where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bio Path's related companies.
| Open | High | Low | Close | Volume | |
| 1.14 | 1.14 | 1.05 | 1.07 | 229,997 | |
10/22/2024 | 1.06 | 1.13 | 1.05 | 1.12 | 170,888 |
| 1.14 | 1.14 | 1.06 | 1.07 | 108,734 |
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Bio Path Trading Date Momentum on October 22, 2024
| On October 23 2024 Bio Path Holdings was traded for 1.07 at the closing time. The top price for the day was 1.14 and the lowest listed price was 1.06 . The trading volume for the day was 108.7 K. The trading history from October 23, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 4.46% . The overall trading delta against the current closing price is 16.96% . |
Bio Path Holdings Fundamentals Correlations and Trends
By evaluating Bio Path's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bio Path's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bio Path Stock history
Bio Path investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bio Path Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bio Path stock prices may prove useful in developing a viable investing in Bio Path
Bio-Path Holdings, Inc. operates as a clinical and preclinical stage oncology focused RNAi nano particle drug development company in the United States. Bio-Path Holdings, Inc. was founded in 2007 and is based in Bellaire, Texas. Bio-Path Holdings operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 10 people.
Bio Path Stock Technical Analysis
Bio Path 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.
Price Boundaries
Bio Path Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Bio Path Holdings 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.
Bio Path December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Bio Path stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bio Path shares will generate the highest return on investment. By undertsting and applying Bio Path stock market strength indicators, traders can identify Bio Path Holdings entry and exit signals to maximize returns
Bio Path Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bio Path's price direction in advance. Along with the technical and fundamental analysis of Bio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bio 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.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (1.32) | |||
| Treynor Ratio | 0.1723 |
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| Volume Indicators |
Complementary Tools for Bio Stock analysis
When running Bio Path's price analysis, check to measure Bio Path'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 Bio Path is operating at the current time. Most of Bio Path's value examination focuses on studying past and present price action to predict the probability of Bio Path's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bio Path's price. Additionally, you may evaluate how the addition of Bio Path to your portfolios can decrease your overall portfolio volatility.
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