Biovie Inc Stock Price on September 23, 2020
BIVI Stock | USD 0.48 0.01 2.04% |
Below is the normalized historical share price chart for Biovie Inc extending back to May 05, 2014. 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 Biovie stands at 0.48, as last reported on the 23rd of April, with the highest price reaching 0.49 and the lowest price hitting 0.46 during the day.
If you're considering investing in Biovie Stock, it is important to understand the factors that can impact its price. Biovie Inc secures Sharpe Ratio (or Efficiency) of -0.0517, which signifies that the company had a -0.0517% return per unit of risk over the last 3 months. Biovie Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Biovie's Mean Deviation of 5.52, risk adjusted performance of (0.05), and Standard Deviation of 10.14 to double-check the risk estimate we provide.
As of now, Biovie's Common Stock Shares Outstanding is increasing as compared to previous years. The Biovie's current Sale Purchase Of Stock is estimated to increase to about 22.4 M, while Common Stock Total Equity is projected to decrease to 2,134. . As of now, Biovie's Price Book Value Ratio is decreasing as compared to previous years. The Biovie's current Price To Book Ratio is estimated to increase to 8.62, while Price Earnings Ratio is projected to decrease to (2.63). Biovie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 5th of May 2014 | 200 Day MA 2.4843 | 50 Day MA 0.7996 | Beta 1.213 |
Biovie |
Sharpe Ratio = -0.0517
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Estimated Market Risk
10.06 actual daily | 88 88% of assets are less volatile |
Expected Return
-0.52 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Biovie 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 Biovie by adding Biovie to a well-diversified portfolio.
Price Book 3.8045 | Book Value 0.188 | Enterprise Value 9.4 M | Enterprise Value Ebitda (0.47) | Shares Float 22.5 M |
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.
About Biovie Stock history
Biovie 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 Biovie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biovie Inc 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 Biovie stock prices may prove useful in developing a viable investing in Biovie
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 37.4 M | 39.2 M | |
Net Loss | -45.2 M | -47.5 M |
Biovie Stock Technical Analysis
Biovie 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
Biovie Period Price Range
Biovie April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Biovie stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biovie shares will generate the highest return on investment. By undertsting and applying Biovie stock market strength indicators, traders can identify Biovie Inc entry and exit signals to maximize returns
Accumulation Distribution | 0.0612 | |||
Daily Balance Of Power | (0.33) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 0.48 | |||
Day Typical Price | 0.48 | |||
Market Facilitation Index | 0.03 | |||
Period Momentum Indicator | (0.01) |
Biovie Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Biovie's price direction in advance. Along with the technical and fundamental analysis of Biovie Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biovie 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 | (0.05) | |||
Jensen Alpha | (1.11) | |||
Total Risk Alpha | (2.22) | |||
Treynor Ratio | (0.38) |
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Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biovie Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
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When running Biovie's price analysis, check to measure Biovie'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 Biovie is operating at the current time. Most of Biovie's value examination focuses on studying past and present price action to predict the probability of Biovie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biovie's price. Additionally, you may evaluate how the addition of Biovie to your portfolios can decrease your overall portfolio volatility.
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Is Biovie'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 Biovie. If investors know Biovie 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 Biovie listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.17) | Return On Assets (0.81) | Return On Equity (2.58) |
The market value of Biovie Inc is measured differently than its book value, which is the value of Biovie that is recorded on the company's balance sheet. Investors also form their own opinion of Biovie's value that differs from its market value or its book value, called intrinsic value, which is Biovie'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 Biovie's market value can be influenced by many factors that don't directly affect Biovie'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 Biovie's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biovie is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biovie'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.