Harvard Bioscience Stock Market Value
| HBIO Stock | USD 0.51 0.02 3.58% |
| Symbol | Harvard |
Harvard Bioscience Price To Book Ratio
Is Life Sciences Tools & Services space 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 Harvard Bioscience. If investors know Harvard 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 Harvard Bioscience listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share (1.31) | Revenue Per Share | Quarterly Revenue Growth (0.11) | Return On Assets |
The market value of Harvard Bioscience is measured differently than its book value, which is the value of Harvard that is recorded on the company's balance sheet. Investors also form their own opinion of Harvard Bioscience's value that differs from its market value or its book value, called intrinsic value, which is Harvard Bioscience'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 Harvard Bioscience's market value can be influenced by many factors that don't directly affect Harvard Bioscience'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 Harvard Bioscience's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harvard Bioscience is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harvard Bioscience'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.
Harvard Bioscience 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Harvard Bioscience's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Harvard Bioscience.
| 04/30/2025 |
| 07/29/2025 |
If you would invest 0.00 in Harvard Bioscience on April 30, 2025 and sell it all today you would earn a total of 0.00 from holding Harvard Bioscience or generate 0.0% return on investment in Harvard Bioscience over 90 days. Harvard Bioscience is related to or competes with HealthStream, ImmuCell, InfuSystems Holdings, IRIDEX, Repro Med, Milestone Scientific, and OraSure Technologies. Harvard Bioscience, Inc. develops, manufactures, and sells technologies, products, and services that enables fundamental... More
Harvard Bioscience Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Harvard Bioscience's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Harvard Bioscience upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.04 | |||
| Information Ratio | 0.0779 | |||
| Maximum Drawdown | 169.14 | |||
| Value At Risk | (10.34) | |||
| Potential Upside | 9.76 |
Harvard Bioscience Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Harvard Bioscience's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Harvard Bioscience's standard deviation. In reality, there are many statistical measures that can use Harvard Bioscience historical prices to predict the future Harvard Bioscience's volatility.| Risk Adjusted Performance | 0.0784 | |||
| Jensen Alpha | 1.1 | |||
| Total Risk Alpha | (3.25) | |||
| Sortino Ratio | 0.1659 | |||
| Treynor Ratio | 0.5652 |
Harvard Bioscience Backtested Returns
Harvard Bioscience is out of control given 3 months investment horizon. Harvard Bioscience holds Efficiency (Sharpe) Ratio of 0.0943, which attests that the entity had a 0.0943 % return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.89% are justified by taking the suggested risk. Use Harvard Bioscience Market Risk Adjusted Performance of 0.5752, downside deviation of 9.04, and Risk Adjusted Performance of 0.0784 to evaluate company specific risk that cannot be diversified away. Harvard Bioscience holds a performance score of 7 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 3.01, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Harvard Bioscience will likely underperform. Use Harvard Bioscience value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on Harvard Bioscience.
Auto-correlation | 0.12 |
Insignificant predictability
Harvard Bioscience has insignificant predictability. Overlapping area represents the amount of predictability between Harvard Bioscience time series from 30th of April 2025 to 14th of June 2025 and 14th of June 2025 to 29th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Harvard Bioscience price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Harvard Bioscience price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Harvard Bioscience lagged returns against current returns
Autocorrelation, which is Harvard Bioscience stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Harvard Bioscience's stock expected returns. We can calculate the autocorrelation of Harvard Bioscience returns to help us make a trade decision. For example, suppose you find that Harvard Bioscience has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Harvard Bioscience regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Harvard Bioscience stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Harvard Bioscience stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Harvard Bioscience stock over time.
Current vs Lagged Prices |
| Timeline |
Harvard Bioscience Lagged Returns
When evaluating Harvard Bioscience's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Harvard Bioscience stock have on its future price. Harvard Bioscience autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Harvard Bioscience autocorrelation shows the relationship between Harvard Bioscience stock current value and its past values and can show if there is a momentum factor associated with investing in Harvard Bioscience.
Regressed Prices |
| Timeline |
Pair Trading with Harvard Bioscience
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Harvard Bioscience position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Harvard Bioscience will appreciate offsetting losses from the drop in the long position's value.Moving together with Harvard Stock
| 0.66 | A | Agilent Technologies Earnings Call Today | PairCorr |
Moving against Harvard Stock
| 0.58 | DRMA | Dermata Therapeutics | PairCorr |
| 0.58 | CDIOW | Cardio Diagnostics | PairCorr |
| 0.55 | VCYT | Veracyte | PairCorr |
| 0.39 | EQ | Equillium | PairCorr |
| 0.38 | DRUG | Bright Minds Biosciences Trending | PairCorr |
The ability to find closely correlated positions to Harvard Bioscience could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Harvard Bioscience when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Harvard Bioscience - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Harvard Bioscience to buy it.
The correlation of Harvard Bioscience is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Harvard Bioscience moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Harvard Bioscience moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Harvard Bioscience can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Harvard Bioscience Correlation, Harvard Bioscience Volatility and Harvard Bioscience Alpha and Beta module to complement your research on Harvard Bioscience. To learn how to invest in Harvard Stock, please use our How to Invest in Harvard Bioscience guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Harvard Bioscience 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.