Medx Health Corp Stock Market Value
| MDXHF Stock | USD 0.05 0 4.26% |
| Symbol | MedX |
MedX Health '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 MedX Health's pink sheet 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 MedX Health.
| 07/05/2025 |
| 10/03/2025 |
If you would invest 0.00 in MedX Health on July 5, 2025 and sell it all today you would earn a total of 0.00 from holding MedX Health Corp or generate 0.0% return on investment in MedX Health over 90 days. MedX Health is related to or competes with Modular Medical, Neuropace, Nexalin Technology, and STRATA Skin. MedX Health Corp, a medical device and software company, develops, manufactures, and markets skin related screening tool... More
MedX Health 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 MedX Health's pink sheet 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 MedX Health Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1242 | |||
| Maximum Drawdown | 4114.99 | |||
| Potential Upside | 4.26 |
MedX Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MedX Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MedX Health's standard deviation. In reality, there are many statistical measures that can use MedX Health historical prices to predict the future MedX Health's volatility.| Risk Adjusted Performance | 0.0841 | |||
| Jensen Alpha | 59.68 | |||
| Total Risk Alpha | 12.63 | |||
| Treynor Ratio | 1.16 |
MedX Health Corp Backtested Returns
MedX Health is out of control given 3 months investment horizon. MedX Health Corp has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13 % return per unit of risk over the last 3 months. We have analyze and collected data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 16.03% are justified by taking the suggested risk. Use MedX Health Corp Mean Deviation of 122.64, standard deviation of 505.84, and Risk Adjusted Performance of 0.0841 to evaluate company specific risk that cannot be diversified away. MedX Health holds a performance score of 10 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 54.34, which conveys 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, MedX Health will likely underperform. Use MedX Health Corp information ratio and the relationship between the skewness and relative strength index , to analyze future returns on MedX Health Corp.
Auto-correlation | 0.00 |
No correlation between past and present
MedX Health Corp has no correlation between past and present. Overlapping area represents the amount of predictability between MedX Health time series from 5th of July 2025 to 19th of August 2025 and 19th of August 2025 to 3rd of October 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 MedX Health Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current MedX Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MedX Health Corp lagged returns against current returns
Autocorrelation, which is MedX Health pink sheet'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 MedX Health's pink sheet expected returns. We can calculate the autocorrelation of MedX Health returns to help us make a trade decision. For example, suppose you find that MedX Health has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
MedX Health 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 MedX Health pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MedX Health pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MedX Health pink sheet over time.
Current vs Lagged Prices |
| Timeline |
MedX Health Lagged Returns
When evaluating MedX Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MedX Health pink sheet have on its future price. MedX Health 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, MedX Health autocorrelation shows the relationship between MedX Health pink sheet current value and its past values and can show if there is a momentum factor associated with investing in MedX Health Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MedX Pink Sheet
MedX Health financial ratios help investors to determine whether MedX Pink Sheet 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 MedX with respect to the benefits of owning MedX Health security.