Biodesix Stock Statistic Functions Beta

BDSX Stock  USD 1.46  0.01  0.68%   
Biodesix statistic functions tool provides the execution environment for running the Beta function and other technical functions against Biodesix. Biodesix value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Biodesix statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Biodesix correlated with the market. If Beta is less than 0 Biodesix generally moves in the opposite direction as compared to the market. If Biodesix Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Biodesix is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Biodesix is generally in the same direction as the market. If Beta > 1 Biodesix moves generally in the same direction as, but more than the movement of the benchmark.

Biodesix Technical Analysis Modules

Most technical analysis of Biodesix help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Biodesix from various momentum indicators to cycle indicators. When you analyze Biodesix charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Biodesix Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Biodesix. We use our internally-developed statistical techniques to arrive at the intrinsic value of Biodesix based on widely used predictive technical indicators. In general, we focus on analyzing Biodesix Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Biodesix's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Biodesix's intrinsic value. In addition to deriving basic predictive indicators for Biodesix, we also check how macroeconomic factors affect Biodesix price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Payables Turnover18.368.44.445.62
Days Of Inventory On Hand34.6836.139.2849.36
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Biodesix's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.071.476.13
Details
Intrinsic
Valuation
LowRealHigh
0.112.116.77
Details
6 Analysts
Consensus
LowTargetHigh
3.874.254.72
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

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Additional Tools for Biodesix Stock Analysis

When running Biodesix's price analysis, check to measure Biodesix'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 Biodesix is operating at the current time. Most of Biodesix's value examination focuses on studying past and present price action to predict the probability of Biodesix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Biodesix's price. Additionally, you may evaluate how the addition of Biodesix to your portfolios can decrease your overall portfolio volatility.