Biomerica Stock Price on April 5, 2024
| BMRA Stock | USD 0.56 0.04 6.67% |
Below is the normalized historical share price chart for Biomerica extending back to November 05, 1984. 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 Biomerica stands at 0.56, as last reported on the 5th of May, with the highest price reaching 0.65 and the lowest price hitting 0.51 during the day.
If you're considering investing in Biomerica Stock, it is important to understand the factors that can impact its price. Biomerica secures Sharpe Ratio (or Efficiency) of -0.0925, which signifies that the company had a -0.0925% return per unit of risk over the last 3 months. Biomerica exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Biomerica's Standard Deviation of 5.19, risk adjusted performance of (0.07), and Mean Deviation of 3.65 to double-check the risk estimate we provide.
At present, Biomerica's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 17.1 M, whereas Common Stock Total Equity is forecasted to decline to about 622.7 K. . At present, Biomerica's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 2.33, whereas Price To Sales Ratio is forecasted to decline to 2.75. Biomerica Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of January 2005 | 200 Day MA 1.014 | 50 Day MA 0.9224 | Beta (1.04) |
Biomerica |
Sharpe Ratio = -0.0925
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BMRA |
Estimated Market Risk
| 5.17 actual daily | 45 55% of assets are more volatile |
Expected Return
| -0.48 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Biomerica 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 Biomerica by adding Biomerica to a well-diversified portfolio.
Price Book 1.4844 | Enterprise Value Ebitda (1.29) | Price Sales 2.5757 | Shares Float 15.6 M | Wall Street Target Price 13 |
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Biomerica Valuation on April 5, 2024
It is possible to determine the worth of Biomerica on a given historical date. On April 5, 2024 Biomerica was worth 0.84 at the beginning of the trading date compared to the closed value of 0.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biomerica stock. Still, in general, we apply an absolute valuation method to find Biomerica'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 Biomerica where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biomerica's related companies.
| Open | High | Low | Close | Volume | |
| 0.84 | 0.85 | 0.82 | 0.84 | 20,396 | |
04/05/2024 | 0.84 | 0.88 | 0.82 | 0.84 | 80,407 |
| 0.86 | 0.89 | 0.81 | 0.81 | 52,588 |
| Backtest Biomerica | | | Biomerica History | | | Biomerica Valuation | Previous | Next |
Biomerica Trading Date Momentum on April 5, 2024
| On April 08 2024 Biomerica was traded for 0.81 at the closing time. The top price for the day was 0.89 and the lowest listed price was 0.81 . The trading volume for the day was 52.6 K. The trading history from April 8, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 3.57% . The overall trading delta against the current closing price is 2.38% . |
Biomerica Fundamentals Correlations and Trends
By evaluating Biomerica'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 Biomerica's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Biomerica financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Biomerica Stock history
Biomerica 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 Biomerica is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biomerica 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 Biomerica stock prices may prove useful in developing a viable investing in Biomerica
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 16.3 M | 17.1 M | |
| Net Loss | -6.4 M | -6.1 M |
Biomerica Quarterly Net Working Capital |
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Biomerica Stock Technical Analysis
Biomerica 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
Biomerica Period Price Range
Low | April 5, 2024
| High |
0.84 | 0.84 |
Biomerica May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Biomerica stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biomerica shares will generate the highest return on investment. By undertsting and applying Biomerica stock market strength indicators, traders can identify Biomerica entry and exit signals to maximize returns
| Accumulation Distribution | 5482.3 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.85 | |||
| Day Typical Price | 0.85 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.28) | |||
| Relative Strength Index | 36.38 |
Biomerica Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Biomerica's price direction in advance. Along with the technical and fundamental analysis of Biomerica Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biomerica 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 | (0.07) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | (1.21) | |||
| Treynor Ratio | 0.7232 |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biomerica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Biomerica Stock refer to our How to Trade Biomerica Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Biomerica Stock analysis
When running Biomerica's price analysis, check to measure Biomerica'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 Biomerica is operating at the current time. Most of Biomerica's value examination focuses on studying past and present price action to predict the probability of Biomerica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biomerica's price. Additionally, you may evaluate how the addition of Biomerica to your portfolios can decrease your overall portfolio volatility.
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Is Biomerica'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 Biomerica. If investors know Biomerica 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 Biomerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.37) | Revenue Per Share 0.323 | Quarterly Revenue Growth (0.09) | Return On Assets (0.43) | Return On Equity (0.92) |
The market value of Biomerica is measured differently than its book value, which is the value of Biomerica that is recorded on the company's balance sheet. Investors also form their own opinion of Biomerica's value that differs from its market value or its book value, called intrinsic value, which is Biomerica'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 Biomerica's market value can be influenced by many factors that don't directly affect Biomerica'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 Biomerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biomerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biomerica'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.