Creative Medical Technology Stock Market Value
| CELZ Stock | USD 2.43 0.02 0.82% |
| Symbol | Creative |
Creative Medical Tec Price To Book Ratio
Is Biotechnology 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 Creative Medical. If investors know Creative 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 Creative Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.589 | Earnings Share (3.80) | Revenue Per Share 0.008 | Quarterly Revenue Growth (0.84) | Return On Assets (0.36) |
The market value of Creative Medical Tec is measured differently than its book value, which is the value of Creative that is recorded on the company's balance sheet. Investors also form their own opinion of Creative Medical's value that differs from its market value or its book value, called intrinsic value, which is Creative Medical's 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 Creative Medical's market value can be influenced by many factors that don't directly affect Creative Medical's 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 Creative Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Creative Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Creative Medical's 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.
Creative 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 Creative 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 Creative Medical.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Creative Medical on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Creative Medical Technology or generate 0.0% return on investment in Creative Medical over 30 days. Creative Medical is related to or competes with Sonnet Biotherapeutics, LMF Acquisition, ZyVersa Therapeutics, Revelation Biosciences, Palisade Bio, Quoin Pharmaceuticals, and Virax Biolabs. Creative Medical Technology Holdings, Inc., a biotechnology company, focuses on immunology, urology, orthopedics, and ne... More
Creative 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 Creative 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 Creative Medical Technology upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 40.34 | |||
| Value At Risk | (12.46) | |||
| Potential Upside | 14.6 |
Creative Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Creative Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Creative Medical's standard deviation. In reality, there are many statistical measures that can use Creative Medical historical prices to predict the future Creative Medical's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (1.25) | |||
| Treynor Ratio | 0.1449 |
Creative Medical Tec Backtested Returns
Creative Medical Tec secures Sharpe Ratio (or Efficiency) of -0.0406, which signifies that the company had a -0.0406% return per unit of standard deviation over the last 3 months. Creative Medical Technology exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Creative Medical's risk adjusted performance of (0.02), and Mean Deviation of 5.23 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.71, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Creative Medical are expected to decrease by larger amounts. On the other hand, during market turmoil, Creative Medical is expected to outperform it. At this point, Creative Medical Tec has a negative expected return of -0.3%. Please make sure to confirm Creative Medical's treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Creative Medical Tec performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.12 |
Insignificant predictability
Creative Medical Technology has insignificant predictability. Overlapping area represents the amount of predictability between Creative Medical time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th of December 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 Creative Medical Tec price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Creative Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Creative Medical Tec lagged returns against current returns
Autocorrelation, which is Creative 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 Creative Medical's stock expected returns. We can calculate the autocorrelation of Creative Medical returns to help us make a trade decision. For example, suppose you find that Creative 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 |
Creative 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 Creative Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Creative Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Creative Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Creative Medical Lagged Returns
When evaluating Creative Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Creative Medical stock have on its future price. Creative 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, Creative Medical autocorrelation shows the relationship between Creative Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Creative Medical Technology.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Creative Stock Analysis
When running Creative Medical's price analysis, check to measure Creative Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Creative Medical is operating at the current time. Most of Creative Medical's value examination focuses on studying past and present price action to predict the probability of Creative Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Creative Medical's price. Additionally, you may evaluate how the addition of Creative Medical to your portfolios can decrease your overall portfolio volatility.