Imac Holdings Stock Market Value
| BACK Stock | USD 1.39 0.03 2.11% |
| Symbol | IMAC |
IMAC Holdings Price To Book Ratio
Is Health Care Equipment & Supplies 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 IMAC Holdings. If investors know IMAC 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 IMAC Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.03) | Revenue Per Share 7.719 | Quarterly Revenue Growth (0.59) | Return On Assets (0.38) | Return On Equity (3.32) |
The market value of IMAC Holdings is measured differently than its book value, which is the value of IMAC that is recorded on the company's balance sheet. Investors also form their own opinion of IMAC Holdings' value that differs from its market value or its book value, called intrinsic value, which is IMAC Holdings' 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 IMAC Holdings' market value can be influenced by many factors that don't directly affect IMAC Holdings' 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 IMAC Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if IMAC Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMAC Holdings' 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.
IMAC Holdings '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 IMAC Holdings' 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 IMAC Holdings.
| 04/27/2024 |
| 10/24/2024 |
If you would invest 0.00 in IMAC Holdings on April 27, 2024 and sell it all today you would earn a total of 0.00 from holding IMAC Holdings or generate 0.0% return on investment in IMAC Holdings over 180 days. IMAC Holdings is related to or competes with Oncology Institute, Aveanna Healthcare, P3 Health, Novo Integrated, HCA Holdings, Airsculpt Technologies, and Acadia Healthcare. IMAC Holdings, Inc. owns, manages, and subleases a chain of innovative medical advancements and care regeneration center... More
IMAC Holdings 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 IMAC Holdings' 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 IMAC Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.73 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 37.77 | |||
| Value At Risk | (6.52) | |||
| Potential Upside | 9.91 |
IMAC Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IMAC Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IMAC Holdings' standard deviation. In reality, there are many statistical measures that can use IMAC Holdings historical prices to predict the future IMAC Holdings' volatility.| Risk Adjusted Performance | 0.0111 | |||
| Jensen Alpha | 0.0875 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IMAC Holdings' 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.
IMAC Holdings Backtested Returns
IMAC Holdings retains Efficiency (Sharpe Ratio) of -0.0394, which attests that the entity had a -0.0394% return per unit of return volatility over the last 3 months. IMAC Holdings exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out IMAC Holdings' Semi Deviation of 5.41, market risk adjusted performance of 0.0026, and Downside Deviation of 5.73 to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of -1.1, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning IMAC Holdings are expected to decrease slowly. On the other hand, during market turmoil, IMAC Holdings is expected to outperform it slightly. At this point, IMAC Holdings has a negative expected return of -0.21%. Please make sure to check out IMAC Holdings' sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to decide if IMAC Holdings performance from the past will be repeated in the future.
Auto-correlation | 0.87 |
Very good predictability
IMAC Holdings has very good predictability. Overlapping area represents the amount of predictability between IMAC Holdings time series from 27th of April 2024 to 26th of July 2024 and 26th of July 2024 to 24th of October 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 IMAC Holdings price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current IMAC Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
IMAC Holdings lagged returns against current returns
Autocorrelation, which is IMAC Holdings 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 IMAC Holdings' stock expected returns. We can calculate the autocorrelation of IMAC Holdings returns to help us make a trade decision. For example, suppose you find that IMAC Holdings 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 |
IMAC Holdings 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 IMAC Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IMAC Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IMAC Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
IMAC Holdings Lagged Returns
When evaluating IMAC Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IMAC Holdings stock have on its future price. IMAC Holdings 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, IMAC Holdings autocorrelation shows the relationship between IMAC Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in IMAC Holdings.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out IMAC Holdings Correlation, IMAC Holdings Volatility and IMAC Holdings Alpha and Beta module to complement your research on IMAC Holdings. For more information on how to buy IMAC Stock please use our How to buy in IMAC Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
IMAC Holdings 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.