Microbix Biosystems Stock Market Value
| MBXBF Stock | USD 0.22 0.01 4.76% |
| Symbol | Microbix |
Microbix Biosystems '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 Microbix Biosystems' otc 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 Microbix Biosystems.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Microbix Biosystems on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Microbix Biosystems or generate 0.0% return on investment in Microbix Biosystems over 90 days. Microbix Biosystems is related to or competes with Genmab AS, Inhibikase Therapeutics, Purple Biotech, and Covalon Technologies. Microbix Biosystems Inc., a life science company, develops and commercializes proprietary biological and technological s... More
Microbix Biosystems 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 Microbix Biosystems' otc 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 Microbix Biosystems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 16.33 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 4.76 |
Microbix Biosystems Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Microbix Biosystems' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Microbix Biosystems' standard deviation. In reality, there are many statistical measures that can use Microbix Biosystems historical prices to predict the future Microbix Biosystems' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | 0.389 |
Microbix Biosystems Backtested Returns
Microbix Biosystems has Sharpe Ratio of -0.081, which conveys that the firm had a -0.081 % return per unit of risk over the last 3 months. Microbix Biosystems exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Microbix Biosystems' Standard Deviation of 2.75, risk adjusted performance of (0.07), and Mean Deviation of 1.51 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.58, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Microbix Biosystems are expected to decrease at a much lower rate. During the bear market, Microbix Biosystems is likely to outperform the market. At this point, Microbix Biosystems has a negative expected return of -0.23%. Please make sure to verify Microbix Biosystems' skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Microbix Biosystems performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.01 |
Virtually no predictability
Microbix Biosystems has virtually no predictability. Overlapping area represents the amount of predictability between Microbix Biosystems time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th 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 Microbix Biosystems price movement. The serial correlation of 0.01 indicates that just 1.0% of current Microbix Biosystems price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Microbix Biosystems lagged returns against current returns
Autocorrelation, which is Microbix Biosystems otc 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 Microbix Biosystems' otc stock expected returns. We can calculate the autocorrelation of Microbix Biosystems returns to help us make a trade decision. For example, suppose you find that Microbix Biosystems has exhibited high autocorrelation historically, and you observe that the otc 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 |
Microbix Biosystems 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 Microbix Biosystems otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Microbix Biosystems otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Microbix Biosystems otc stock over time.
Current vs Lagged Prices |
| Timeline |
Microbix Biosystems Lagged Returns
When evaluating Microbix Biosystems' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Microbix Biosystems otc stock have on its future price. Microbix Biosystems 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, Microbix Biosystems autocorrelation shows the relationship between Microbix Biosystems otc stock current value and its past values and can show if there is a momentum factor associated with investing in Microbix Biosystems.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Microbix OTC Stock
Microbix Biosystems financial ratios help investors to determine whether Microbix OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Microbix with respect to the benefits of owning Microbix Biosystems security.