As of 23 of March BioLight Life shows Risk Adjusted Performance of 0.0228, Downside Deviation of 3.96 and Mean Deviation of 2.74. BioLight Life Sciences technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for BioLight Life Sciences Ltd which can be compared to its rivals. Please confirm BioLight Life Sciences Standard Deviation, Information Ratio, Treynor Ratio, as well as the relationship between Variance and Jensen Alpha to decide if BioLight Life Sciences is priced correctly providing market reflects its regular price of 1367.0 per share.
|Horizon||30 Days Login to change|
BioLight Life Sciences Technical Analysis
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BioLight Life Sciences Trend AnalysisUse this graph to draw trend lines for BioLight Life Sciences Ltd. You can use it to identify possible trend reversals for BioLight Life as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual BioLight Life price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
BioLight Life Best Fit Change LineThe following chart estimates an ordinary least squares regression model for BioLight Life Sciences Ltd applied against its price change over selected period. The best fit line has a slop of 0.87 % which means BioLight Life Sciences Ltd will continue generating value for investors. It has 78 observation points and a regression sum of squares at 7444.11, which is the sum of squared deviations for the predicted BioLight Life price change compared to its average price change.
|Risk Adjusted Performance||0.0228|
|Market Risk Adjusted Performance||(0.13)|
|Coefficient Of Variation||4826.54|
|Total Risk Alpha||(0.26)|
|Value At Risk||(6.99)|
|Expected Short fall||(2.94)|