Bioventus Stock Price on September 5, 2024

BVS Stock  USD 11.42  0.32  2.88%   
If you're considering investing in Bioventus Stock, it is important to understand the factors that can impact its price. As of today, the current price of Bioventus stands at 11.42, as last reported on the 11th of December 2024, with the highest price reaching 11.42 and the lowest price hitting 11.10 during the day. Currently, Bioventus is somewhat reliable. Bioventus secures Sharpe Ratio (or Efficiency) of 0.0385, which signifies that the company had a 0.0385% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bioventus, which you can use to evaluate the volatility of the firm. Please confirm Bioventus' Mean Deviation of 2.55, downside deviation of 4.32, and Risk Adjusted Performance of 0.0467 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%.
  
At this time, Bioventus' Common Stock Shares Outstanding is comparatively stable compared to the past year. Total Stockholder Equity is likely to gain to about 240.5 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 788.8 M in 2024. . Price To Free Cash Flows Ratio is likely to gain to 43.43 in 2024, whereas Price To Sales Ratio is likely to drop 0.61 in 2024. Bioventus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0385

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Estimated Market Risk

 3.66
  actual daily
32
68% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average Bioventus is performing at about 3% of its full potential. 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 Bioventus by adding it to a well-diversified portfolio.
Price Book
5.1332
Enterprise Value Ebitda
34.5803
Price Sales
1.3072
Shares Float
35.6 M
Wall Street Target Price
14.6667

Related Headline

Nuwellis Headline on 5th of September 2024

Filed transaction by Nuwellis Director, Officer Ceo And President. Grant, award or other acquisition pursuant to Rule 16b-3

Bioventus Valuation on September 5, 2024

It is possible to determine the worth of Bioventus on a given historical date. On September 5, 2024 Bioventus was worth 9.71 at the beginning of the trading date compared to the closed value of 9.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bioventus stock. Still, in general, we apply an absolute valuation method to find Bioventus' 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 Bioventus where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bioventus' related companies.
 Open High Low Close Volume
  9.90    9.97    9.55    9.66    452,508  
09/05/2024
  9.71    9.74    9.40    9.66    400,862  
  9.72    9.73    9.12    9.53    411,650  
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Open Value
9.71
9.66
Closing Value
20.70
Upside

Bioventus Trading Date Momentum on September 5, 2024

On September 06 2024 Bioventus was traded for  9.53  at the closing time. Highest Bioventus's price during the trading hours was 9.73  and the lowest price during the day was  9.12 . The net volume was 411.6 K. The overall trading history on the 6th of September contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.35% . The overall trading delta to current price is 16.98% .

Bioventus Fundamentals Correlations and Trends

By evaluating Bioventus' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bioventus' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bioventus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bioventus Stock history

Bioventus 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 Bioventus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bioventus 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 Bioventus stock prices may prove useful in developing a viable investing in Bioventus
Last ReportedProjected for Next Year
Common Stock Shares Outstanding62.6 M63.5 M
Net Income Applicable To Common Shares22.3 M23.4 M

Bioventus Stock Technical Analysis

Bioventus 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.
A focus of Bioventus technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bioventus trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Bioventus Period Price Range

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Bioventus 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.

Bioventus December 11, 2024 Market Strength

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

Bioventus Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bioventus' price direction in advance. Along with the technical and fundamental analysis of Bioventus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bioventus 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.

Additional Tools for Bioventus Stock Analysis

When running Bioventus' price analysis, check to measure Bioventus' 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 Bioventus is operating at the current time. Most of Bioventus' value examination focuses on studying past and present price action to predict the probability of Bioventus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bioventus' price. Additionally, you may evaluate how the addition of Bioventus to your portfolios can decrease your overall portfolio volatility.