Biophytis (France) Market Value
| ALBPS Stock | EUR 0.30 0.01 3.45% |
| Symbol | Biophytis |
Biophytis 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Biophytis' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Biophytis.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Biophytis on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Biophytis SA or generate 0.0% return on investment in Biophytis over 360 days. Biophytis is related to or competes with Cellectis, and Innate Pharma. Biophytis SA, a clinical-stage biotechnology company, focuses on the development of therapeutics that slow the degenerat... More
Biophytis Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Biophytis' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Biophytis SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 21.59 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 3.45 |
Biophytis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Biophytis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Biophytis' standard deviation. In reality, there are many statistical measures that can use Biophytis historical prices to predict the future Biophytis' volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.72) | |||
| Total Risk Alpha | (1.55) | |||
| Treynor Ratio | 0.9809 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Biophytis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Biophytis SA Backtested Returns
Biophytis SA secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Biophytis SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Biophytis' Risk Adjusted Performance of (0.14), mean deviation of 3.14, and Standard Deviation of 4.28 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.85, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Biophytis are expected to decrease at a much lower rate. During the bear market, Biophytis is likely to outperform the market. At this point, Biophytis SA has a negative expected return of -0.79%. Please make sure to confirm Biophytis' information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if Biophytis SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.93 |
Excellent predictability
Biophytis SA has excellent predictability. Overlapping area represents the amount of predictability between Biophytis time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Biophytis SA price movement. The serial correlation of 0.93 indicates that approximately 93.0% of current Biophytis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.93 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Biophytis SA lagged returns against current returns
Autocorrelation, which is Biophytis stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Biophytis' stock expected returns. We can calculate the autocorrelation of Biophytis returns to help us make a trade decision. For example, suppose you find that Biophytis has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Biophytis regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Biophytis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Biophytis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Biophytis stock over time.
Current vs Lagged Prices |
| Timeline |
Biophytis Lagged Returns
When evaluating Biophytis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Biophytis stock have on its future price. Biophytis autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Biophytis autocorrelation shows the relationship between Biophytis stock current value and its past values and can show if there is a momentum factor associated with investing in Biophytis SA.
Regressed Prices |
| Timeline |
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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.Additional Tools for Biophytis Stock Analysis
When running Biophytis' price analysis, check to measure Biophytis' 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 Biophytis is operating at the current time. Most of Biophytis' value examination focuses on studying past and present price action to predict the probability of Biophytis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biophytis' price. Additionally, you may evaluate how the addition of Biophytis to your portfolios can decrease your overall portfolio volatility.