Biovie Inc Stock Price on May 14, 2024

BIVI Stock  USD 0.49  0.01  2.08%   
If you're considering investing in Biovie Stock, it is important to understand the factors that can impact its price. 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. 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 2.76, risk adjusted performance of (0.08), and Standard Deviation of 3.72 to double-check the risk estimate we provide.
  
Biovie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1422

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Estimated Market Risk

 3.72
  actual daily
32
68% of assets are more volatile

Expected Return

 -0.53
  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.

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Biovie Valuation on May 14, 2024

It is possible to determine the worth of Biovie on a given historical date. On May 14, 2024 Biovie was worth 0.5 at the beginning of the trading date compared to the closed value of 0.5. 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
  0.50    0.50    0.48    0.48    188,602  
05/14/2024
  0.50    0.51    0.48    0.50    429,343  
  0.50    0.50    0.48    0.49    391,516  
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Open Value
0.5
0.5
Closing Value
11.65
Upside

Biovie Trading Date Momentum on May 14, 2024

On May 15 2024 Biovie Inc was traded for  0.49  at the closing time. The top price for the day was 0.50  and the lowest listed price was  0.48 . The trading volume for the day was 391.5 K. The trading history from May 15, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.00% . The overall trading delta against the current closing price is 6.00% .

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
BioVie Inc., a clinical stage biopharmaceutical company, engages in the discovery, development, and commercialization of drugs for the treatment of chronic debilitating conditions in the United States. BioVie Inc. was incorporated in 2013 and is headquartered in Carson City, Nevada. BioVie operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 13 people.

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.
A focus of Biovie technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Biovie trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Biovie Period Price Range

Low
May 14, 2024
0.00  0.00%
High

 0.50 

     

 0.50 

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.

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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