Medpeerinc Stock Market Value
| MDPEF Stock | USD 2.82 0.83 22.74% |
| Symbol | MedPeerInc |
MedPeerInc '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 MedPeerInc'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 MedPeerInc.
| 12/30/2022 |
| 12/19/2024 |
If you would invest 0.00 in MedPeerInc on December 30, 2022 and sell it all today you would earn a total of 0.00 from holding MedPeerInc or generate 0.0% return on investment in MedPeerInc over 720 days. MedPeerInc is related to or competes with East Africa, Eastman Chemical, Sandstorm Gold, Ecovyst, Sealed Air, Blue Moon, and Summit Materials. The company operates and manages a web platform for doctors and medical students under the MedPeer name More
MedPeerInc 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 MedPeerInc'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 MedPeerInc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.37 |
MedPeerInc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MedPeerInc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MedPeerInc's standard deviation. In reality, there are many statistical measures that can use MedPeerInc historical prices to predict the future MedPeerInc's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.65) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MedPeerInc'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.
MedPeerInc Backtested Returns
MedPeerInc has Sharpe Ratio of -0.0984, which conveys that the firm had a -0.0984% return per unit of risk over the last 3 months. MedPeerInc exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MedPeerInc's Mean Deviation of 0.2274, standard deviation of 0.9471, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MedPeerInc's returns are expected to increase less than the market. However, during the bear market, the loss of holding MedPeerInc is expected to be smaller as well. At this point, MedPeerInc has a negative expected return of -0.0947%. Please make sure to verify MedPeerInc's total risk alpha, and the relationship between the variance and daily balance of power , to decide if MedPeerInc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.74 |
Good predictability
MedPeerInc has good predictability. Overlapping area represents the amount of predictability between MedPeerInc time series from 30th of December 2022 to 25th of December 2023 and 25th of December 2023 to 19th 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 MedPeerInc price movement. The serial correlation of 0.74 indicates that around 74.0% of current MedPeerInc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 1.93 |
MedPeerInc lagged returns against current returns
Autocorrelation, which is MedPeerInc 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 MedPeerInc's pink sheet expected returns. We can calculate the autocorrelation of MedPeerInc returns to help us make a trade decision. For example, suppose you find that MedPeerInc 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 |
MedPeerInc 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 MedPeerInc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MedPeerInc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MedPeerInc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
MedPeerInc Lagged Returns
When evaluating MedPeerInc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MedPeerInc pink sheet have on its future price. MedPeerInc 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, MedPeerInc autocorrelation shows the relationship between MedPeerInc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in MedPeerInc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MedPeerInc Pink Sheet
MedPeerInc financial ratios help investors to determine whether MedPeerInc 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 MedPeerInc with respect to the benefits of owning MedPeerInc security.