BioLight Life (Israel) Today
| BOLT Stock | ILS 362.80 6.70 1.88% |
Performance0 of 100
| Odds Of DistressLess than 43
|
BioLight Life is trading at 362.80 as of the 15th of April 2024, a 1.88% increase since the beginning of the trading day. The stock's open price was 356.1. BioLight Life has about a 43 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for BioLight Life Sciences are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of October 2023 and ending today, the 15th of April 2024. Click here to learn more.
BioLight Life Sciences Ltd., an ophthalmic company, engages in the discovery, development, and commercialization of products and product candidates that address ophthalmic conditions comprising glaucoma, dry eye syndrome, and age-related macular degeneration. The company has 4.56 M outstanding shares. More on BioLight Life Sciences
Moving against BioLight Stock
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| 0.52 | ICL | ICL Israel Chemicals | PairCorr |
Follow Valuation Odds of Bankruptcy
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BioLight Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BioLight Life's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BioLight Life or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Suzana NahumZilberberg |
| Business Concentration | Health Care, Life Sciences Tools & Services, Biotechnology, Healthcare (View all Sectors) |
BioLight Life Sciences (BOLT) is traded on Tel Aviv Stock Exchange in Israel and employs 5 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 31.98 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BioLight Life's market, we take the total number of its shares issued and multiply it by BioLight Life's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. BioLight Life Sciences operates under Life Sciences Tools & Services sector and is part of Health Care industry. The entity has 4.56 M outstanding shares.
BioLight Life Sciences has accumulated about 39.85 M in cash with (10.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.77.
Check BioLight Life Probability Of Bankruptcy
Ownership AllocationThe market capitalization of BioLight Life Sciences is S31.98 Million. BioLight Life Sciences retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check BioLight Ownership Details
BioLight Stock Price Odds Analysis
What are BioLight Life's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of BioLight Life jumping above the current price in 90 days from now is close to 99%. The BioLight Life Sciences probability density function shows the probability of BioLight Life stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon BioLight Life Sciences has a beta of -0.6601 suggesting as returns on the benchmark increase, returns on holding BioLight Life are expected to decrease at a much lower rate. During a bear market, however, BioLight Life Sciences is likely to outperform the market. Additionally, bioLight Life Sciences has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of BioLight Life to move above the current price in 90 days from now is close to 99 (This BioLight Life Sciences probability density function shows the probability of BioLight Stock to fall within a particular range of prices over 90 days) .
BioLight Life Sciences Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. BioLight Life market risk premium is the additional return an investor will receive from holding BioLight Life long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BioLight Life. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although BioLight Life's alpha and beta are two of the key measurements used to evaluate BioLight Life's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.41 | |||
| Standard Deviation | 3.45 | |||
| Variance | 11.94 | |||
| Risk Adjusted Performance | (0.07) |
BioLight Stock Against Markets
Picking the right benchmark for BioLight Life stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BioLight Life stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BioLight Life is critical whether you are bullish or bearish towards BioLight Life Sciences at a given time. Please also check how BioLight Life's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in BioLight Life without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
BioLight Life Corporate Directors
BioLight Life corporate directors refer to members of a BioLight Life board of directors. The board of directors generally takes responsibility for the BioLight Life's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of BioLight Life's board members must vote for the resolution. The BioLight Life board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Eliahu Shohet | Director | Profile | |
| Tamar Kfir | External Director | Profile | |
| Yifftach Biel | Finance Director | Profile | |
| Efrat Makov | Director | Profile |
How to buy BioLight Stock?
Before investing in BioLight Life, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in BioLight Life. To buy BioLight Life stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of BioLight Life. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase BioLight Life stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located BioLight Life Sciences stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased BioLight Life Sciences stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as BioLight Life Sciences, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in BioLight Life Sciences?
The danger of trading BioLight Life Sciences is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BioLight Life is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BioLight Life. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BioLight Life Sciences is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BioLight Life Sciences. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for BioLight Stock analysis
When running BioLight Life's price analysis, check to measure BioLight Life'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 BioLight Life is operating at the current time. Most of BioLight Life's value examination focuses on studying past and present price action to predict the probability of BioLight Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BioLight Life's price. Additionally, you may evaluate how the addition of BioLight Life to your portfolios can decrease your overall portfolio volatility.
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