Biovie Inc Stock Price on March 27, 2024
| BIVI Stock | USD 0.49 0.01 2.08% |
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 0.49, as last reported on the 13th of June 2024, with the highest price reaching 0.50 and the lowest price hitting 0.47 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 -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Biovie Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Biovie's Mean Deviation of 2.94, standard deviation of 3.9, and Risk Adjusted Performance of (0.06) 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 1.7725 | 50 Day MA 0.481 | Beta 1.19 |
Biovie |
Sharpe Ratio = -0.141
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| Negative Returns | BIVI |
Estimated Market Risk
| 3.69 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.52 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 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 1.4545 | Book Value 0.31 | Enterprise Value 8 M | Enterprise Value Ebitda (11.66) | Shares Float 37.1 M |
Related Headline
IGM Biosciences Headline on 27th of March 2024
Acquisition by Baker Bros. Advisors Lp of 1543 shares of IGM... by Baker Bros. Advisors Lp
Filed transaction by IGM Biosciences Director, 10 Percent Owner: . Grant, award or other acquisition pursuant to Rule 16b-3(d)
Biovie Valuation on March 27, 2024
It is possible to determine the worth of Biovie on a given historical date. On March 27, 2024 Biovie was worth 0.55 at the beginning of the trading date compared to the closed value of 0.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biovie stock. Still, in general, we apply an absolute valuation method to find Biovie'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 Biovie where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biovie's related companies.
| Open | High | Low | Close | Volume | |
| 0.57 | 0.57 | 0.53 | 0.53 | 863,144 | |
03/27/2024 | 0.55 | 0.55 | 0.48 | 0.53 | 2,293,421 |
| 0.53 | 0.54 | 0.51 | 0.53 | 774,887 |
| Backtest Biovie | | | Biovie History | | | Biovie Valuation | Previous | Next |
Biovie Trading Date Momentum on March 27, 2024
| On March 28 2024 Biovie Inc was traded for 0.53 at the closing time. The top price for the day was 0.54 and the lowest listed price was 0.51 . The trading volume for the day was 774.9 K. The trading history from March 28, 2024 did not affect price variability. The overall trading delta against the current closing price is 9.43% . |
Biovie Inc Fundamentals Correlations and Trends
By evaluating Biovie'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 Biovie's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Biovie financial account trend analysis is a perfect complement when working with valuation or volatility modules.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
Low | March 27, 2024
| High |
0.55 | 0.53 |
Biovie June 13, 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
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 | (0.06) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.60) |
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Complementary Tools for Biovie Stock analysis
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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