Vitalhub Corp Stock Market Value
| VHIBF Stock | USD 8.30 0.08 0.97% |
| Symbol | Vitalhub |
Vitalhub 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 Vitalhub Corp's otc stock 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 Vitalhub Corp.
| 12/27/2022 |
| 12/16/2024 |
If you would invest 0.00 in Vitalhub Corp on December 27, 2022 and sell it all today you would earn a total of 0.00 from holding Vitalhub Corp or generate 0.0% return on investment in Vitalhub Corp over 720 days. Vitalhub Corp is related to or competes with Veeva Systems, GE HealthCare, M3, Solventum Corp, Doximity, and HealthEquity. Vitalhub Corp., together with its subsidiaries, provides technology solutions for health and human service providers in ... More
Vitalhub 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 Vitalhub Corp's otc stock 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 Vitalhub Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | 0.1383 | |||
| Maximum Drawdown | 12.77 | |||
| Value At Risk | (2.04) | |||
| Potential Upside | 4.1 |
Vitalhub Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vitalhub Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vitalhub Corp's standard deviation. In reality, there are many statistical measures that can use Vitalhub Corp historical prices to predict the future Vitalhub Corp's volatility.| Risk Adjusted Performance | 0.1411 | |||
| Jensen Alpha | 0.3656 | |||
| Total Risk Alpha | 0.1198 | |||
| Sortino Ratio | 0.157 | |||
| Treynor Ratio | 2.0 |
Vitalhub Corp Backtested Returns
Vitalhub Corp appears to be not too volatile, given 3 months investment horizon. Vitalhub Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Vitalhub Corp, which you can use to evaluate the volatility of the company. Please review Vitalhub Corp's Coefficient Of Variation of 538.77, semi deviation of 1.19, and Risk Adjusted Performance of 0.1411 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vitalhub Corp holds a performance score of 15. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vitalhub Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vitalhub Corp is expected to be smaller as well. Please check Vitalhub Corp's value at risk, kurtosis, period momentum indicator, as well as the relationship between the semi variance and day median price , to make a quick decision on whether Vitalhub Corp's existing price patterns will revert.
Auto-correlation | 0.58 |
Modest predictability
Vitalhub Corp has modest predictability. Overlapping area represents the amount of predictability between Vitalhub Corp time series from 27th of December 2022 to 22nd of December 2023 and 22nd of December 2023 to 16th 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 Vitalhub Corp price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Vitalhub Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 1.9 |
Vitalhub Corp lagged returns against current returns
Autocorrelation, which is Vitalhub Corp otc stock'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 Vitalhub Corp's otc stock expected returns. We can calculate the autocorrelation of Vitalhub Corp returns to help us make a trade decision. For example, suppose you find that Vitalhub Corp has exhibited high autocorrelation historically, and you observe that the otc stock 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 |
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Vitalhub 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 Vitalhub Corp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vitalhub Corp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vitalhub Corp otc stock over time.
Current vs Lagged Prices |
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Vitalhub Corp Lagged Returns
When evaluating Vitalhub Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vitalhub Corp otc stock have on its future price. Vitalhub 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, Vitalhub Corp autocorrelation shows the relationship between Vitalhub Corp otc stock current value and its past values and can show if there is a momentum factor associated with investing in Vitalhub Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Vitalhub OTC Stock
Vitalhub Corp financial ratios help investors to determine whether Vitalhub OTC Stock 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 Vitalhub with respect to the benefits of owning Vitalhub Corp security.