Biotricity Stock Price on May 12, 2024
| BTCY Stock | USD 1.21 0.03 2.42% |
Below is the normalized historical share price chart for Biotricity extending back to February 18, 2016. 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 Biotricity stands at 1.21, as last reported on the 23rd of May, with the highest price reaching 1.24 and the lowest price hitting 1.08 during the day.
If you're considering investing in Biotricity Stock, it is important to understand the factors that can impact its price. Biotricity appears to be extremely dangerous, given 3 months investment horizon. Biotricity secures Sharpe Ratio (or Efficiency) of 0.0688, which signifies that the company had a 0.0688% return per unit of risk over the last 3 months. By analyzing Biotricity's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please makes use of Biotricity's Risk Adjusted Performance of 0.0369, downside deviation of 6.36, and Mean Deviation of 5.83 to double-check if our risk estimates are consistent with your expectations.
At this time, Biotricity's Liabilities And Stockholders Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to rise to about 112.1 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (17 M). . Price To Sales Ratio is likely to drop to 0.46 in 2024. Price Earnings Ratio is likely to drop to -1.95 in 2024. Biotricity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of February 2016 | 200 Day MA 1.4068 | 50 Day MA 1.2853 | Beta 1.549 |
Biotricity |
Sharpe Ratio = 0.0688
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Estimated Market Risk
| 8.22 actual daily | 72 72% of assets are less volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Biotricity is performing at about 5% of its full potential. 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 Biotricity by adding it to a well-diversified portfolio.
Price Book 33.0205 | Enterprise Value Ebitda (3.60) | Price Sales 0.9366 | Shares Float 7.9 M | Wall Street Target Price 4 |
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Biotricity Valuation on May 12, 2024
It is possible to determine the worth of Biotricity on a given historical date. On May 12, 2024 Biotricity was worth 1.2 at the beginning of the trading date compared to the closed value of 1.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Biotricity stock. Still, in general, we apply an absolute valuation method to find Biotricity'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 Biotricity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Biotricity's related companies.
| Open | High | Low | Close | Volume | |
| 1.24 | 1.24 | 1.20 | 1.21 | 55,221 | |
05/10/2024 | 1.20 | 1.24 | 1.20 | 1.23 | 16,600 |
| 1.23 | 1.23 | 1.08 | 1.09 | 91,466 |
| Backtest Biotricity | | | Biotricity History | | | Biotricity Valuation | Previous | Next |
Biotricity Trading Date Momentum on May 12, 2024
| On May 13 2024 Biotricity was traded for 1.09 at the closing time. The top price for the day was 1.23 and the lowest listed price was 1.08 . The trading volume for the day was 91.5 K. The trading history from May 13, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 11.38% . The overall trading delta against the current closing price is 14.63% . |
Biotricity Fundamentals Correlations and Trends
By evaluating Biotricity'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 Biotricity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Biotricity financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Biotricity Stock history
Biotricity 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 Biotricity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Biotricity 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 Biotricity stock prices may prove useful in developing a viable investing in Biotricity
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10 M | 7.3 M | |
| Net Loss | -27.2 M | -25.8 M |
Biotricity Stock Technical Analysis
Biotricity 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
Biotricity Period Price Range
Low | May 10, 2024
| High |
1.20 | 1.23 |
Biotricity May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Biotricity stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Biotricity shares will generate the highest return on investment. By undertsting and applying Biotricity stock market strength indicators, traders can identify Biotricity entry and exit signals to maximize returns
| Accumulation Distribution | 535.48 | |||
| Daily Balance Of Power | 0.75 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 1.22 | |||
| Day Typical Price | 1.22 | |||
| Price Action Indicator | 0.025 | |||
| Period Momentum Indicator | (0.02) |
Biotricity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Biotricity's price direction in advance. Along with the technical and fundamental analysis of Biotricity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Biotricity 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 | 0.0369 | |||
| Jensen Alpha | 0.4004 | |||
| Total Risk Alpha | (0.59) | |||
| Sortino Ratio | 0.0499 | |||
| Treynor Ratio | (1.74) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Biotricity. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy Biotricity Stock please use our How to Invest in Biotricity guide.Note that the Biotricity information on this page should be used as a complementary analysis to other Biotricity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Complementary Tools for Biotricity Stock analysis
When running Biotricity's price analysis, check to measure Biotricity'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 Biotricity is operating at the current time. Most of Biotricity's value examination focuses on studying past and present price action to predict the probability of Biotricity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biotricity's price. Additionally, you may evaluate how the addition of Biotricity to your portfolios can decrease your overall portfolio volatility.
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Is Biotricity'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 Biotricity. If investors know Biotricity 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 Biotricity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.75) | Revenue Per Share 1.319 | Quarterly Revenue Growth 0.209 | Return On Assets (0.95) | Return On Equity (41.01) |
The market value of Biotricity is measured differently than its book value, which is the value of Biotricity that is recorded on the company's balance sheet. Investors also form their own opinion of Biotricity's value that differs from its market value or its book value, called intrinsic value, which is Biotricity'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 Biotricity's market value can be influenced by many factors that don't directly affect Biotricity'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 Biotricity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biotricity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biotricity'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.