Wearable Health Solutions Stock Market Value
Wearable Health's market value is the price at which a share of Wearable Health trades on a public exchange. It measures the collective expectations of Wearable Health Solutions investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Wearable Health Solutions and determine expected loss or profit from investing in Wearable Health over a given investment horizon. Check out Wearable Health Correlation, Wearable Health Volatility and Wearable Health Alpha and Beta module to complement your research on Wearable Health.
| Symbol | Wearable |
Wearable 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 Wearable 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 Wearable Health.
| 05/14/2025 |
| 08/12/2025 |
If you would invest 0.00 in Wearable Health on May 14, 2025 and sell it all today you would earn a total of 0.00 from holding Wearable Health Solutions or generate 0.0% return on investment in Wearable Health over 90 days. Wearable Health is related to or competes with GlucoTrack, and Sharps Technology. Wearable Health Solutions, Inc. provides mobile health products and services in the United States, Canada, New Zealand, ... More
Wearable 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 Wearable 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 Wearable Health Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1003 | |||
| Maximum Drawdown | 1000.0 |
Wearable Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wearable Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wearable Health's standard deviation. In reality, there are many statistical measures that can use Wearable Health historical prices to predict the future Wearable Health's volatility.| Risk Adjusted Performance | 0.0887 | |||
| Jensen Alpha | 15.28 | |||
| Total Risk Alpha | (2.71) | |||
| Treynor Ratio | (0.57) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wearable Health's 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.
Wearable Health Solutions Backtested Returns
Wearable Health is out of control given 3 months investment horizon. Wearable Health Solutions shows Sharpe Ratio of 0.1, which attests that the company had a 0.1 % return per unit of risk over the last 3 months. We are able to interpolate and collect thirteen different technical indicators, which can help you to evaluate if expected returns of 13.11% are justified by taking the suggested risk. Use Wearable Health Solutions Market Risk Adjusted Performance of (0.56), mean deviation of 32.36, and Standard Deviation of 129.71 to evaluate company specific risk that cannot be diversified away. Wearable Health holds a performance score of 7 on a scale of zero to a hundred. The firm maintains a market beta of -22.95, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Wearable Health are expected to decrease by larger amounts. On the other hand, during market turmoil, Wearable Health is expected to outperform it. Use Wearable Health Solutions mean deviation and treynor ratio , to analyze future returns on Wearable Health Solutions.
Auto-correlation | 0.00 |
No correlation between past and present
Wearable Health Solutions has no correlation between past and present. Overlapping area represents the amount of predictability between Wearable Health time series from 14th of May 2025 to 28th of June 2025 and 28th of June 2025 to 12th of August 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 Wearable Health Solutions price movement. The serial correlation of 0.0 indicates that just 0.0% of current Wearable Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Wearable Health Solutions lagged returns against current returns
Autocorrelation, which is Wearable 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 Wearable Health's pink sheet expected returns. We can calculate the autocorrelation of Wearable Health returns to help us make a trade decision. For example, suppose you find that Wearable 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 |
Wearable 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 Wearable Health pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wearable 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 Wearable Health pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Wearable Health Lagged Returns
When evaluating Wearable Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wearable Health pink sheet have on its future price. Wearable 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, Wearable Health autocorrelation shows the relationship between Wearable Health pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Wearable Health Solutions.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Wearable Pink Sheet
Wearable Health financial ratios help investors to determine whether Wearable 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 Wearable with respect to the benefits of owning Wearable Health security.