Imagin Medical Stock Market Value
| IMEXF Stock | USD 0.0001 0.00 0.00% |
| Symbol | Imagin |
Imagin 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 Imagin 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 Imagin Medical.
| 12/31/2022 |
| 12/20/2024 |
If you would invest 0.00 in Imagin Medical on December 31, 2022 and sell it all today you would earn a total of 0.00 from holding Imagin Medical or generate 0.0% return on investment in Imagin Medical over 720 days. Imagin Medical is related to or competes with Vivos Therapeutics, Cerus, Boston Scientific, Novacyt SA, Aethlon Medical, Cytosorbents Crp, and Ssur Hf. Imagin Medical Inc. operates as a surgical imaging company focusing on bladder cancer More
Imagin 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 Imagin Medical'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 Imagin Medical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 149.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 20.0 |
Imagin Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Imagin Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imagin Medical's standard deviation. In reality, there are many statistical measures that can use Imagin Medical historical prices to predict the future Imagin Medical's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (1.49) | |||
| Total Risk Alpha | (2.08) | |||
| Treynor Ratio | 0.5161 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Imagin Medical'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.
Imagin Medical Backtested Returns
Imagin Medical holds Efficiency (Sharpe) Ratio of -0.0404, which attests that the entity had a -0.0404% return per unit of risk over the last 3 months. Imagin Medical exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Imagin Medical's Market Risk Adjusted Performance of 0.5261, risk adjusted performance of (0.06), and Standard Deviation of 17.65 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -3.02, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Imagin Medical are expected to decrease by larger amounts. On the other hand, during market turmoil, Imagin Medical is expected to outperform it. At this point, Imagin Medical has a negative expected return of -0.7%. Please make sure to check out Imagin Medical's market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness , to decide if Imagin Medical performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.37 |
Below average predictability
Imagin Medical has below average predictability. Overlapping area represents the amount of predictability between Imagin Medical time series from 31st of December 2022 to 26th of December 2023 and 26th of December 2023 to 20th 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 Imagin Medical price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Imagin Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Imagin Medical lagged returns against current returns
Autocorrelation, which is Imagin 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 Imagin Medical's pink sheet expected returns. We can calculate the autocorrelation of Imagin Medical returns to help us make a trade decision. For example, suppose you find that Imagin 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.
Current and Lagged Values |
| Timeline |
Imagin 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 Imagin Medical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imagin 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 Imagin Medical pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Imagin Medical Lagged Returns
When evaluating Imagin Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imagin Medical pink sheet have on its future price. Imagin 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, Imagin Medical autocorrelation shows the relationship between Imagin Medical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Imagin Medical.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Imagin Pink Sheet
Imagin Medical financial ratios help investors to determine whether Imagin 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 Imagin with respect to the benefits of owning Imagin Medical security.