SPECTRAL MEDICAL (Germany) Market Value
| SD4 Stock | EUR 0.50 0.01 1.96% |
| Symbol | SPECTRAL |
SPECTRAL MEDICAL '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 SPECTRAL MEDICAL'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 SPECTRAL MEDICAL.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in SPECTRAL MEDICAL on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding SPECTRAL MEDICAL or generate 0.0% return on investment in SPECTRAL MEDICAL over 90 days. SPECTRAL MEDICAL is related to or competes with VIRGIN WINES, BioNTech, PKSHA TECHNOLOGY, Minerals Technologies, Bio-Techne Corp, and SOFI TECHNOLOGIES. Spectral Medical Inc. focuses on the development and commercialization of treatment for septic shock in North America More
SPECTRAL MEDICAL 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 SPECTRAL MEDICAL'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 SPECTRAL MEDICAL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.04 | |||
| Information Ratio | 0.0056 | |||
| Maximum Drawdown | 12.29 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 4.08 |
SPECTRAL MEDICAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPECTRAL MEDICAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPECTRAL MEDICAL's standard deviation. In reality, there are many statistical measures that can use SPECTRAL MEDICAL historical prices to predict the future SPECTRAL MEDICAL's volatility.| Risk Adjusted Performance | 0.0631 | |||
| Jensen Alpha | 0.1089 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0048 | |||
| Treynor Ratio | 0.4901 |
SPECTRAL MEDICAL Backtested Returns
At this point, SPECTRAL MEDICAL is extremely dangerous. SPECTRAL MEDICAL owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0252, which indicates the firm had a 0.0252 % return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for SPECTRAL MEDICAL, which you can use to evaluate the volatility of the company. Please validate SPECTRAL MEDICAL's coefficient of variation of 1645.97, and Risk Adjusted Performance of 0.0631 to confirm if the risk estimate we provide is consistent with the expected return of 0.0592%. SPECTRAL MEDICAL has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SPECTRAL MEDICAL's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPECTRAL MEDICAL is expected to be smaller as well. SPECTRAL MEDICAL currently has a risk of 2.35%. Please validate SPECTRAL MEDICAL downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if SPECTRAL MEDICAL will be following its existing price patterns.
Auto-correlation | -0.54 |
Good reverse predictability
SPECTRAL MEDICAL has good reverse predictability. Overlapping area represents the amount of predictability between SPECTRAL MEDICAL time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 SPECTRAL MEDICAL price movement. The serial correlation of -0.54 indicates that about 54.0% of current SPECTRAL MEDICAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SPECTRAL MEDICAL lagged returns against current returns
Autocorrelation, which is SPECTRAL MEDICAL 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 SPECTRAL MEDICAL's stock expected returns. We can calculate the autocorrelation of SPECTRAL MEDICAL returns to help us make a trade decision. For example, suppose you find that SPECTRAL MEDICAL 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 |
SPECTRAL MEDICAL 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 SPECTRAL MEDICAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SPECTRAL MEDICAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SPECTRAL MEDICAL stock over time.
Current vs Lagged Prices |
| Timeline |
SPECTRAL MEDICAL Lagged Returns
When evaluating SPECTRAL MEDICAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SPECTRAL MEDICAL stock have on its future price. SPECTRAL MEDICAL 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, SPECTRAL MEDICAL autocorrelation shows the relationship between SPECTRAL MEDICAL stock current value and its past values and can show if there is a momentum factor associated with investing in SPECTRAL MEDICAL.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SPECTRAL Stock
SPECTRAL MEDICAL financial ratios help investors to determine whether SPECTRAL 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 SPECTRAL with respect to the benefits of owning SPECTRAL MEDICAL security.