Mymetics Corp Stock Market Value
| MYMX Stock | USD 0 0.00 0.00% |
| Symbol | Mymetics |
Mymetics Corp '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 Mymetics Corp'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 Mymetics Corp.
| 04/07/2024 |
| 12/03/2024 |
If you would invest 0.00 in Mymetics Corp on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Mymetics Corp or generate 0.0% return on investment in Mymetics Corp over 240 days. Mymetics Corp is related to or competes with Pmv Pharmaceuticals, MediciNova, Pharvaris, PepGen, Anebulo Pharmaceuticals, Rezolute, and HCW Biologics. Mymetics Corporation, a vaccine company, engages in the research and development of vaccines for infectious and life dis... More
Mymetics Corp 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 Mymetics Corp'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 Mymetics Corp upside and downside potential and time the market with a certain degree of confidence.
Mymetics Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mymetics Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mymetics Corp's standard deviation. In reality, there are many statistical measures that can use Mymetics Corp historical prices to predict the future Mymetics Corp's volatility.Mymetics Corp Backtested Returns
We have found three technical indicators for Mymetics Corp, 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 Mymetics Corp are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Mymetics Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Mymetics Corp time series from 7th of April 2024 to 5th of August 2024 and 5th of August 2024 to 3rd 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 Mymetics Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Mymetics Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mymetics Corp lagged returns against current returns
Autocorrelation, which is Mymetics Corp 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 Mymetics Corp's pink sheet expected returns. We can calculate the autocorrelation of Mymetics Corp returns to help us make a trade decision. For example, suppose you find that Mymetics Corp 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 |
Mymetics Corp 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 Mymetics Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mymetics Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mymetics Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mymetics Corp Lagged Returns
When evaluating Mymetics Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mymetics Corp pink sheet have on its future price. Mymetics Corp 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, Mymetics Corp autocorrelation shows the relationship between Mymetics Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mymetics Corp.
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 Mymetics Pink Sheet Analysis
When running Mymetics Corp's price analysis, check to measure Mymetics Corp'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 Mymetics Corp is operating at the current time. Most of Mymetics Corp's value examination focuses on studying past and present price action to predict the probability of Mymetics Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mymetics Corp's price. Additionally, you may evaluate how the addition of Mymetics Corp to your portfolios can decrease your overall portfolio volatility.