Bio Rad Laboratories Stock Price on July 29, 2021
| BIO Stock | USD 300.41 0.04 0.01% |
Below is the normalized historical share price chart for Bio Rad Laboratories extending back to February 27, 1980. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bio Rad stands at 300.41, as last reported on the 16th of April 2024, with the highest price reaching 305.77 and the lowest price hitting 297.72 during the day.
If you're considering investing in Bio Stock, it is important to understand the factors that can impact its price. Bio Rad Laboratories secures Sharpe Ratio (or Efficiency) of -2.0E-4, which signifies that the company had a -2.0E-4% return per unit of risk over the last 3 months. Bio Rad Laboratories exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Bio Rad's Mean Deviation of 1.4, standard deviation of 1.98, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
At this time, Bio Rad's Total Stockholder Equity is very stable compared to the past year. As of the 16th of April 2024, Liabilities And Stockholders Equity is likely to grow to about 12.9 B, while Common Stock Shares Outstanding is likely to drop about 29.1 M. . At this time, Bio Rad's Price To Sales Ratio is very stable compared to the past year. As of the 16th of April 2024, Price Book Value Ratio is likely to grow to 2.15, though Price Earnings Ratio is likely to grow to (14.06). Bio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of January 1966 | 200 Day MA 342.0991 | 50 Day MA 331.9994 | Beta 0.88 |
Bio |
Sharpe Ratio = -2.0E-4
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| Negative Returns | BIO |
Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bio Rad is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bio Rad by adding Bio Rad to a well-diversified portfolio.
Price Book 0.9802 | Enterprise Value Ebitda (13.07) | Price Sales 3.2803 | Shares Float 20 M | Wall Street Target Price 409.8 |
Bio Rad Valuation on July 29, 2021
It is possible to determine the worth of Bio Rad on a given historical date. On July 29, 2021 Bio was worth 573.51 at the beginning of the trading date compared to the closed value of 570.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bio Rad stock. Still, in general, we apply an absolute valuation method to find Bio Rad's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bio Rad where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bio Rad's related companies.
| Open | High | Low | Close | Volume | |
04/01/2022 | 573.51 | 573.61 | 562.19 | 570.89 | 197,200 |
| 573.24 | 574.33 | 561.70 | 569.55 | 223,900 |
| Backtest Bio Rad | | | Bio Rad History | | | Bio Rad Valuation | Next |
Bio Rad Trading Date Momentum on July 29, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Bio Rad Laboratories Fundamentals Correlations and Trends
By evaluating Bio Rad's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bio Rad's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bio Rad Stock history
Bio Rad investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bio Rad Laboratories will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bio Rad stock prices may prove useful in developing a viable investing in Bio Rad
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 29.2 M | 29.1 M | |
| Net Loss | -4.2 B | -4 B |
Bio Rad Quarterly Net Working Capital |
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Bio Rad Stock Technical Analysis
Bio Rad 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.
Price Boundaries
Bio Rad Period Price Range
Low | April 1, 2022
| High |
573.51 | 570.89 |
Bio Rad April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Bio Rad stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bio Rad shares will generate the highest return on investment. By undertsting and applying Bio Rad stock market strength indicators, traders can identify Bio Rad Laboratories entry and exit signals to maximize returns
| Accumulation Distribution | 3926.05 | |||
| Daily Balance Of Power | (0.23) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 567.9 | |||
| Day Typical Price | 568.9 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | 1.68 | |||
| Period Momentum Indicator | (270.48) |
Bio Rad Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bio Rad's price direction in advance. Along with the technical and fundamental analysis of Bio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bio to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.05) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bio Rad Laboratories. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Bio Stock analysis
When running Bio Rad's price analysis, check to measure Bio Rad'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 Bio Rad is operating at the current time. Most of Bio Rad's value examination focuses on studying past and present price action to predict the probability of Bio Rad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bio Rad's price. Additionally, you may evaluate how the addition of Bio Rad to your portfolios can decrease your overall portfolio volatility.
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Is Bio Rad's industry 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 Bio Rad. If investors know Bio 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 Bio Rad listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.56) | Earnings Share (21.81) | Revenue Per Share 91.453 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0177 |
The market value of Bio Rad Laboratories is measured differently than its book value, which is the value of Bio that is recorded on the company's balance sheet. Investors also form their own opinion of Bio Rad's value that differs from its market value or its book value, called intrinsic value, which is Bio Rad'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 Bio Rad's market value can be influenced by many factors that don't directly affect Bio Rad'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 Bio Rad's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bio Rad is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bio Rad'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.