Biotage AB (Sweden) Market Value
| BIOT Stock | SEK 143.00 0.10 0.07% |
| Symbol | Biotage |
Biotage AB '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 Biotage AB'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 Biotage AB.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Biotage AB on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Biotage AB or generate 0.0% return on investment in Biotage AB over 90 days. Biotage AB is related to or competes with CellaVision, Vitrolife, Sectra AB, BioGaia AB, and AddLife AB. Biotage AB , a life science company, provides solutions, knowledge, and experience in the areas of organic and analytica... More
Biotage AB 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 Biotage AB'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 Biotage AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2937 | |||
| Information Ratio | (0.42) | |||
| Maximum Drawdown | 1.37 | |||
| Value At Risk | (0.28) | |||
| Potential Upside | 0.2825 |
Biotage AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Biotage AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Biotage AB's standard deviation. In reality, there are many statistical measures that can use Biotage AB historical prices to predict the future Biotage AB's volatility.| Risk Adjusted Performance | 0.1429 | |||
| Jensen Alpha | 0.0312 | |||
| Total Risk Alpha | 5.0E-4 | |||
| Sortino Ratio | (0.33) | |||
| Treynor Ratio | 2.16 |
Biotage AB Backtested Returns
Currently, Biotage AB is very steady. Biotage AB secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Biotage AB, which you can use to evaluate the volatility of the firm. Please confirm Biotage AB's Mean Deviation of 0.1636, risk adjusted performance of 0.1429, and Downside Deviation of 0.2937 to double-check if the risk estimate we provide is consistent with the expected return of 0.0425%. Biotage AB has a performance score of 14 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0154, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Biotage AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Biotage AB is expected to be smaller as well. Biotage AB right now shows a risk of 0.23%. Please confirm Biotage AB total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Biotage AB will be following its price patterns.
Auto-correlation | 0.49 |
Average predictability
Biotage AB has average predictability. Overlapping area represents the amount of predictability between Biotage AB time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Biotage AB price movement. The serial correlation of 0.49 indicates that about 49.0% of current Biotage AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Biotage AB lagged returns against current returns
Autocorrelation, which is Biotage AB 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 Biotage AB's stock expected returns. We can calculate the autocorrelation of Biotage AB returns to help us make a trade decision. For example, suppose you find that Biotage AB 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 |
Biotage AB 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 Biotage AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Biotage AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Biotage AB stock over time.
Current vs Lagged Prices |
| Timeline |
Biotage AB Lagged Returns
When evaluating Biotage AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Biotage AB stock have on its future price. Biotage AB 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, Biotage AB autocorrelation shows the relationship between Biotage AB stock current value and its past values and can show if there is a momentum factor associated with investing in Biotage AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Biotage Stock Analysis
When running Biotage AB's price analysis, check to measure Biotage AB'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 Biotage AB is operating at the current time. Most of Biotage AB's value examination focuses on studying past and present price action to predict the probability of Biotage AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biotage AB's price. Additionally, you may evaluate how the addition of Biotage AB to your portfolios can decrease your overall portfolio volatility.