Biolase Stock Price on February 16, 2021
| BIOL Stock | USD 0.15 0.01 7.14% |
Below is the normalized historical share price chart for BIOLASE extending back to November 12, 1992. 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 BIOLASE stands at 0.15, as last reported on the 18th of April 2024, with the highest price reaching 0.15 and the lowest price hitting 0.14 during the day.
If you're considering investing in BIOLASE Stock, it is important to understand the factors that can impact its price. BIOLASE secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. BIOLASE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BIOLASE's risk adjusted performance of (0.10), and Mean Deviation of 6.78 to double-check the risk estimate we provide.
At this time, BIOLASE's Preferred Stock And Other Adjustments is quite stable compared to the past year. Sale Purchase Of Stock is expected to rise to about 21 M this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 31.3 M. . The value of Price To Sales Ratio is estimated to slide to 0.03. The value of Price Earnings Ratio is estimated to slide to -0.07. BIOLASE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of November 1992 | 200 Day MA 2.3143 | 50 Day MA 0.1936 | Beta 0.691 |
BIOLASE |
Sharpe Ratio = -0.1653
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BIOL |
Estimated Market Risk
| 11.45 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.89 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BIOLASE 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 BIOLASE by adding BIOLASE to a well-diversified portfolio.
Price Book 0.7658 | Enterprise Value Ebitda (1.04) | Price Sales 0.0959 | Shares Float 32.4 M | Wall Street Target Price 11.22 |
BIOLASE Valuation on February 16, 2021
It is possible to determine the worth of BIOLASE on a given historical date. On February 16, 2021 BIOLASE was worth 0.35 at the beginning of the trading date compared to the closed value of 875.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BIOLASE stock. Still, in general, we apply an absolute valuation method to find BIOLASE'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 BIOLASE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BIOLASE's related companies.
| Open | High | Low | Close | Volume | |
04/04/2022 | 0.35 | 875.25 | 875.25 | 875.25 | 218.00 |
| 0.35 | 852.50 | 852.50 | 852.50 | 290.00 |
| Backtest BIOLASE | | | BIOLASE History | | | BIOLASE Valuation | Next |
BIOLASE Trading Date Momentum on February 16, 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.BIOLASE Fundamentals Correlations and Trends
By evaluating BIOLASE'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 BIOLASE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BIOLASE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BIOLASE Stock history
BIOLASE 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 BIOLASE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BIOLASE 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 BIOLASE stock prices may prove useful in developing a viable investing in BIOLASE
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 M | 1.3 M | |
| Net Loss | -15 M | -15.8 M |
BIOLASE Stock Technical Analysis
BIOLASE 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
BIOLASE Period Price Range
Low | April 4, 2022
| High |
0.35 | 875.25 |
BIOLASE April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how BIOLASE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BIOLASE shares will generate the highest return on investment. By undertsting and applying BIOLASE stock market strength indicators, traders can identify BIOLASE entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 2500.71 | |||
| Day Median Price | 875.25 | |||
| Day Typical Price | 875.25 | |||
| Price Action Indicator | 437.45 | |||
| Period Momentum Indicator | (875.10) | |||
| Relative Strength Index | 63.15 |
BIOLASE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BIOLASE's price direction in advance. Along with the technical and fundamental analysis of BIOLASE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BIOLASE 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 | (0.10) | |||
| Jensen Alpha | (2.22) | |||
| Total Risk Alpha | (2.85) | |||
| Treynor Ratio | (0.52) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BIOLASE. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy BIOLASE Stock please use our How to buy in BIOLASE Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for BIOLASE Stock analysis
When running BIOLASE's price analysis, check to measure BIOLASE'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 BIOLASE is operating at the current time. Most of BIOLASE's value examination focuses on studying past and present price action to predict the probability of BIOLASE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BIOLASE's price. Additionally, you may evaluate how the addition of BIOLASE to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |
Is BIOLASE'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 BIOLASE. If investors know BIOLASE 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 BIOLASE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (29.44) | Revenue Per Share 38.469 | Quarterly Revenue Growth (0.04) | Return On Assets (0.29) | Return On Equity (6.03) |
The market value of BIOLASE is measured differently than its book value, which is the value of BIOLASE that is recorded on the company's balance sheet. Investors also form their own opinion of BIOLASE's value that differs from its market value or its book value, called intrinsic value, which is BIOLASE'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 BIOLASE's market value can be influenced by many factors that don't directly affect BIOLASE'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 BIOLASE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BIOLASE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BIOLASE'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.