Bion Environmental Technologies Stock Market Value
| BNET Stock | USD 0.22 0.01 4.35% |
| Symbol | Bion |
Bion Environmental '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 Bion Environmental's otc 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 Bion Environmental.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Bion Environmental on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Bion Environmental Technologies or generate 0.0% return on investment in Bion Environmental over 540 days. Bion Environmental is related to or competes with Vow ASA, and TOMI Environmental. Bion Environmental Technologies, Inc. develops patented and proprietary technology that provides waste treatment and res... More
Bion Environmental 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 Bion Environmental's otc 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 Bion Environmental Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.03 | |||
| Information Ratio | 0.0512 | |||
| Maximum Drawdown | 42.75 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 20.0 |
Bion Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bion Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bion Environmental's standard deviation. In reality, there are many statistical measures that can use Bion Environmental historical prices to predict the future Bion Environmental's volatility.| Risk Adjusted Performance | 0.0597 | |||
| Jensen Alpha | 0.5114 | |||
| Total Risk Alpha | (0.73) | |||
| Sortino Ratio | 0.0481 | |||
| Treynor Ratio | 1.64 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bion Environmental's 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.
Bion Environmental Backtested Returns
Bion Environmental appears to be out of control, given 3 months investment horizon. Bion Environmental secures Sharpe Ratio (or Efficiency) of 0.0397, which signifies that the company had a 0.0397% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bion Environmental Technologies, which you can use to evaluate the volatility of the firm. Please makes use of Bion Environmental's Downside Deviation of 9.03, mean deviation of 5.49, and Risk Adjusted Performance of 0.0597 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Bion Environmental holds a performance score of 3. The firm shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Bion Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bion Environmental is expected to be smaller as well. Please check Bion Environmental's treynor ratio and the relationship between the semi variance and price action indicator , to make a quick decision on whether Bion Environmental's price patterns will revert.
Auto-correlation | 0.43 |
Average predictability
Bion Environmental Technologies has average predictability. Overlapping area represents the amount of predictability between Bion Environmental time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 Bion Environmental price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Bion Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Bion Environmental lagged returns against current returns
Autocorrelation, which is Bion Environmental otc 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 Bion Environmental's otc stock expected returns. We can calculate the autocorrelation of Bion Environmental returns to help us make a trade decision. For example, suppose you find that Bion Environmental has exhibited high autocorrelation historically, and you observe that the otc 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 |
Bion Environmental 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 Bion Environmental otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bion Environmental otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bion Environmental otc stock over time.
Current vs Lagged Prices |
| Timeline |
Bion Environmental Lagged Returns
When evaluating Bion Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bion Environmental otc stock have on its future price. Bion Environmental 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, Bion Environmental autocorrelation shows the relationship between Bion Environmental otc stock current value and its past values and can show if there is a momentum factor associated with investing in Bion Environmental Technologies.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Bion OTC Stock Analysis
When running Bion Environmental's price analysis, check to measure Bion Environmental'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 Bion Environmental is operating at the current time. Most of Bion Environmental's value examination focuses on studying past and present price action to predict the probability of Bion Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bion Environmental's price. Additionally, you may evaluate how the addition of Bion Environmental to your portfolios can decrease your overall portfolio volatility.