Micro Imaging Technology Stock Market Value
| MMTC Stock | USD 0.0001 0.00 0.00% |
| Symbol | Micro |
Micro Imaging '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 Micro Imaging'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 Micro Imaging.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Micro Imaging on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Micro Imaging Technology or generate 0.0% return on investment in Micro Imaging over 30 days. Micro Imaging is related to or competes with Mink Therapeutics, Ardelyx, Abcellera Biologics, Mind Medicine, Lipocine, Centessa Pharmaceuticals, and Patterson UTI. Micro Imaging Technology, Inc. engages in the development of fluid monitoring systems for food safety and clinical indus... More
Micro Imaging 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 Micro Imaging'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 Micro Imaging Technology upside and downside potential and time the market with a certain degree of confidence.
Micro Imaging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Micro Imaging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Micro Imaging's standard deviation. In reality, there are many statistical measures that can use Micro Imaging historical prices to predict the future Micro Imaging's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Micro Imaging'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.
Micro Imaging Technology Backtested Returns
We have found three technical indicators for Micro Imaging, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Micro Imaging are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Micro Imaging Technology has no correlation between past and present. Overlapping area represents the amount of predictability between Micro Imaging time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Micro Imaging Technology price movement. The serial correlation of 0.0 indicates that just 0.0% of current Micro Imaging price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Micro Imaging Technology lagged returns against current returns
Autocorrelation, which is Micro Imaging 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 Micro Imaging's pink sheet expected returns. We can calculate the autocorrelation of Micro Imaging returns to help us make a trade decision. For example, suppose you find that Micro Imaging 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 |
Micro Imaging 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 Micro Imaging pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Micro Imaging pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Micro Imaging pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Micro Imaging Lagged Returns
When evaluating Micro Imaging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Micro Imaging pink sheet have on its future price. Micro Imaging 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, Micro Imaging autocorrelation shows the relationship between Micro Imaging pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Micro Imaging Technology.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Micro Pink Sheet
Micro Imaging financial ratios help investors to determine whether Micro 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 Micro with respect to the benefits of owning Micro Imaging security.