Medincell Sa Stock Market Value
| MDCLF Stock | USD 14.00 7.02 100.57% |
| Symbol | MedinCell |
MedinCell '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 MedinCell'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 MedinCell.
| 02/03/2023 |
| 12/24/2024 |
If you would invest 0.00 in MedinCell on February 3, 2023 and sell it all today you would earn a total of 0.00 from holding MedinCell SA or generate 0.0% return on investment in MedinCell over 690 days. MedinCell is related to or competes with Adaptive Biotechnologies, Legend Biotech, Vir Biotechnology, and Apellis Pharmaceuticals. It develops solutions based on BEPO, a technology for long-acting injectable products based on proprietary copolymers an... More
MedinCell 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 MedinCell'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 MedinCell SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1204 |
MedinCell Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MedinCell's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MedinCell's standard deviation. In reality, there are many statistical measures that can use MedinCell historical prices to predict the future MedinCell's volatility.| Risk Adjusted Performance | 0.1069 | |||
| Jensen Alpha | 1.51 | |||
| Total Risk Alpha | 1.15 | |||
| Treynor Ratio | 5.01 |
MedinCell SA Backtested Returns
MedinCell appears to be relatively risky, given 3 months investment horizon. MedinCell SA has Sharpe Ratio of 0.0562, which conveys that the firm had a 0.0562% return per unit of risk over the last 3 months. By analyzing MedinCell's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please exercise MedinCell's Mean Deviation of 3.0, standard deviation of 12.38, and Risk Adjusted Performance of 0.1069 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MedinCell holds a performance score of 4. The company secures a Beta (Market Risk) of 0.3, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MedinCell's returns are expected to increase less than the market. However, during the bear market, the loss of holding MedinCell is expected to be smaller as well. Please check MedinCell's variance, daily balance of power, period momentum indicator, as well as the relationship between the total risk alpha and day typical price , to make a quick decision on whether MedinCell's current price movements will revert.
Auto-correlation | -0.09 |
Very weak reverse predictability
MedinCell SA has very weak reverse predictability. Overlapping area represents the amount of predictability between MedinCell time series from 3rd of February 2023 to 14th of January 2024 and 14th of January 2024 to 24th 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 MedinCell SA price movement. The serial correlation of -0.09 indicates that less than 9.0% of current MedinCell price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
MedinCell SA lagged returns against current returns
Autocorrelation, which is MedinCell 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 MedinCell's pink sheet expected returns. We can calculate the autocorrelation of MedinCell returns to help us make a trade decision. For example, suppose you find that MedinCell 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 |
MedinCell 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 MedinCell pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MedinCell pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MedinCell pink sheet over time.
Current vs Lagged Prices |
| Timeline |
MedinCell Lagged Returns
When evaluating MedinCell's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MedinCell pink sheet have on its future price. MedinCell 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, MedinCell autocorrelation shows the relationship between MedinCell pink sheet current value and its past values and can show if there is a momentum factor associated with investing in MedinCell SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MedinCell Pink Sheet
MedinCell financial ratios help investors to determine whether MedinCell 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 MedinCell with respect to the benefits of owning MedinCell security.