Union Medical Healthcare Stock Market Value

Symbol

Union

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 Union Medical'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 Union Medical.

Union Medical Upside/Downside Indicators

Union Medical Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Union Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Union Medical's standard deviation. In reality, there are many statistical measures that can use Union Medical historical prices to predict the future Union Medical's volatility.

Autocorrelation, which is Union Medical 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 Union Medical's pink sheet expected returns. We can calculate the autocorrelation of Union Medical returns to help us make a trade decision. For example, suppose you find that Union Medical 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Union Medical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Union Medical pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Union Medical pink sheet over time.

When evaluating Union Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Union Medical pink sheet have on its future price. Union 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, Union Medical autocorrelation shows the relationship between Union Medical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Union Medical Healthcare.

Union Medical financial ratios help investors to determine whether Union 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 Union with respect to the benefits of owning Union Medical security.