Beyondspring Stock Market Value
| BYSI Stock | USD 1.64 0.07 4.09% |
| Symbol | BeyondSpring |
BeyondSpring Price To Book Ratio
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BeyondSpring. If investors know BeyondSpring will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BeyondSpring listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.40) | Revenue Per Share 0.048 | Quarterly Revenue Growth 0.143 | Return On Assets (0.40) | Return On Equity (3.10) |
The market value of BeyondSpring is measured differently than its book value, which is the value of BeyondSpring that is recorded on the company's balance sheet. Investors also form their own opinion of BeyondSpring's value that differs from its market value or its book value, called intrinsic value, which is BeyondSpring's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BeyondSpring's market value can be influenced by many factors that don't directly affect BeyondSpring's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BeyondSpring's value and its price as these two are different measures arrived at by different means. Investors typically determine if BeyondSpring is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BeyondSpring's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
BeyondSpring '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 BeyondSpring's 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 BeyondSpring.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in BeyondSpring on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding BeyondSpring or generate 0.0% return on investment in BeyondSpring over 30 days. BeyondSpring is related to or competes with Surrozen, Armata Pharmaceuticals, Pasithea Therapeutics, Aditxt, Scpharmaceuticals, Milestone Pharmaceuticals, and Oncolytics Biotech. BeyondSpring Inc., a clinical stage biopharmaceutical company, together with its subsidiaries, focuses on the developmen... More
BeyondSpring 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 BeyondSpring's 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 BeyondSpring upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 19.75 | |||
| Value At Risk | (6.50) | |||
| Potential Upside | 6.17 |
BeyondSpring Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BeyondSpring's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BeyondSpring's standard deviation. In reality, there are many statistical measures that can use BeyondSpring historical prices to predict the future BeyondSpring's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (0.73) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BeyondSpring'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.
BeyondSpring Backtested Returns
BeyondSpring secures Sharpe Ratio (or Efficiency) of -0.0864, which signifies that the company had a -0.0864% return per unit of risk over the last 3 months. BeyondSpring exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BeyondSpring's Risk Adjusted Performance of (0.05), mean deviation of 3.12, and Standard Deviation of 4.16 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.5, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, BeyondSpring's returns are expected to increase less than the market. However, during the bear market, the loss of holding BeyondSpring is expected to be smaller as well. At this point, BeyondSpring has a negative expected return of -0.35%. Please make sure to confirm BeyondSpring's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if BeyondSpring performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
BeyondSpring has poor reverse predictability. Overlapping area represents the amount of predictability between BeyondSpring time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 BeyondSpring price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current BeyondSpring price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
BeyondSpring lagged returns against current returns
Autocorrelation, which is BeyondSpring 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 BeyondSpring's stock expected returns. We can calculate the autocorrelation of BeyondSpring returns to help us make a trade decision. For example, suppose you find that BeyondSpring 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 |
BeyondSpring 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 BeyondSpring stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BeyondSpring stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BeyondSpring stock over time.
Current vs Lagged Prices |
| Timeline |
BeyondSpring Lagged Returns
When evaluating BeyondSpring's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BeyondSpring stock have on its future price. BeyondSpring 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, BeyondSpring autocorrelation shows the relationship between BeyondSpring stock current value and its past values and can show if there is a momentum factor associated with investing in BeyondSpring.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether BeyondSpring offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BeyondSpring's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Beyondspring Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Beyondspring Stock:Check out BeyondSpring Correlation, BeyondSpring Volatility and BeyondSpring Alpha and Beta module to complement your research on BeyondSpring. For more detail on how to invest in BeyondSpring Stock please use our How to Invest in BeyondSpring guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
BeyondSpring 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.