Bioventix (UK) Market Value
| BVXP Stock | 2,725 35.00 1.27% |
| Symbol | Bioventix |
Bioventix '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 Bioventix'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 Bioventix.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Bioventix on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Bioventix or generate 0.0% return on investment in Bioventix over 90 days. Bioventix is related to or competes with Scandic Hotels, OneSavings Bank, Dalata Hotel, Mobius Investment, InterContinental, Smithson Investment, and Costco Wholesale. Bioventix is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Bioventix 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 Bioventix'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 Bioventix upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.68 | |||
| Information Ratio | 0.0207 | |||
| Maximum Drawdown | 18.76 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 5.42 |
Bioventix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bioventix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bioventix's standard deviation. In reality, there are many statistical measures that can use Bioventix historical prices to predict the future Bioventix's volatility.| Risk Adjusted Performance | 0.0755 | |||
| Jensen Alpha | 0.173 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0204 | |||
| Treynor Ratio | 1.96 |
Bioventix Backtested Returns
Currently, Bioventix is very steady. Bioventix secures Sharpe Ratio (or Efficiency) of 0.065, which signifies that the company had a 0.065 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Bioventix, which you can use to evaluate the volatility of the firm. Please confirm Bioventix's Downside Deviation of 2.68, mean deviation of 1.74, and Risk Adjusted Performance of 0.0755 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Bioventix has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0948, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bioventix's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bioventix is expected to be smaller as well. Bioventix right now shows a risk of 2.62%. Please confirm Bioventix total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Bioventix will be following its price patterns.
Auto-correlation | -0.3 |
Weak reverse predictability
Bioventix has weak reverse predictability. Overlapping area represents the amount of predictability between Bioventix 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 Bioventix price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Bioventix price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 6161.08 |
Bioventix lagged returns against current returns
Autocorrelation, which is Bioventix 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 Bioventix's stock expected returns. We can calculate the autocorrelation of Bioventix returns to help us make a trade decision. For example, suppose you find that Bioventix 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 |
Bioventix 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 Bioventix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bioventix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bioventix stock over time.
Current vs Lagged Prices |
| Timeline |
Bioventix Lagged Returns
When evaluating Bioventix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bioventix stock have on its future price. Bioventix 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, Bioventix autocorrelation shows the relationship between Bioventix stock current value and its past values and can show if there is a momentum factor associated with investing in Bioventix.
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 Bioventix Stock Analysis
When running Bioventix's price analysis, check to measure Bioventix'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 Bioventix is operating at the current time. Most of Bioventix's value examination focuses on studying past and present price action to predict the probability of Bioventix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bioventix's price. Additionally, you may evaluate how the addition of Bioventix to your portfolios can decrease your overall portfolio volatility.