MEDICAL FACILITIES (Germany) Market Value
| 31F Stock | EUR 10.40 0.10 0.97% |
| Symbol | MEDICAL |
MEDICAL FACILITIES '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 MEDICAL FACILITIES'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 MEDICAL FACILITIES.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in MEDICAL FACILITIES on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding MEDICAL FACILITIES NEW or generate 0.0% return on investment in MEDICAL FACILITIES over 180 days. MEDICAL FACILITIES is related to or competes with Ramsay Health, Medicover, and Charoen Pokphand. Medical Facilities Corporation, through its subsidiaries, owns and operates specialty surgical hospitals and an ambulato... More
MEDICAL FACILITIES 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 MEDICAL FACILITIES'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 MEDICAL FACILITIES NEW upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | 0.0939 | |||
| Maximum Drawdown | 11.59 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 2.89 |
MEDICAL FACILITIES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MEDICAL FACILITIES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MEDICAL FACILITIES's standard deviation. In reality, there are many statistical measures that can use MEDICAL FACILITIES historical prices to predict the future MEDICAL FACILITIES's volatility.| Risk Adjusted Performance | 0.0936 | |||
| Jensen Alpha | 0.2087 | |||
| Total Risk Alpha | 0.1546 | |||
| Sortino Ratio | 0.1076 | |||
| Treynor Ratio | 2.65 |
MEDICAL FACILITIES NEW Backtested Returns
MEDICAL FACILITIES appears to be not too volatile, given 3 months investment horizon. MEDICAL FACILITIES NEW has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MEDICAL FACILITIES, which you can use to evaluate the volatility of the firm. Please exercise MEDICAL FACILITIES's risk adjusted performance of 0.0936, and Mean Deviation of 1.56 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MEDICAL FACILITIES holds a performance score of 11. The company secures a Beta (Market Risk) of 0.0793, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MEDICAL FACILITIES's returns are expected to increase less than the market. However, during the bear market, the loss of holding MEDICAL FACILITIES is expected to be smaller as well. Please check MEDICAL FACILITIES's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether MEDICAL FACILITIES's current price movements will revert.
Auto-correlation | 0.46 |
Average predictability
MEDICAL FACILITIES NEW has average predictability. Overlapping area represents the amount of predictability between MEDICAL FACILITIES time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MEDICAL FACILITIES NEW price movement. The serial correlation of 0.46 indicates that about 46.0% of current MEDICAL FACILITIES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
MEDICAL FACILITIES NEW lagged returns against current returns
Autocorrelation, which is MEDICAL FACILITIES 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 MEDICAL FACILITIES's stock expected returns. We can calculate the autocorrelation of MEDICAL FACILITIES returns to help us make a trade decision. For example, suppose you find that MEDICAL FACILITIES 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 |
MEDICAL FACILITIES 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 MEDICAL FACILITIES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MEDICAL FACILITIES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MEDICAL FACILITIES stock over time.
Current vs Lagged Prices |
| Timeline |
MEDICAL FACILITIES Lagged Returns
When evaluating MEDICAL FACILITIES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MEDICAL FACILITIES stock have on its future price. MEDICAL FACILITIES 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, MEDICAL FACILITIES autocorrelation shows the relationship between MEDICAL FACILITIES stock current value and its past values and can show if there is a momentum factor associated with investing in MEDICAL FACILITIES NEW.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MEDICAL Stock
MEDICAL FACILITIES financial ratios help investors to determine whether MEDICAL 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 MEDICAL with respect to the benefits of owning MEDICAL FACILITIES security.