Vycor Medical Stock Market Value
| VYCO Stock | USD 0.07 0 1.47% |
| Symbol | Vycor |
Vycor Medical '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 Vycor Medical'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 Vycor Medical.
| 12/31/2022 |
| 12/20/2024 |
If you would invest 0.00 in Vycor Medical on December 31, 2022 and sell it all today you would earn a total of 0.00 from holding Vycor Medical or generate 0.0% return on investment in Vycor Medical over 720 days. Vycor Medical is related to or competes with Grey Cloak. Vycor Medical, Inc. designs, develops, and markets neurological medical devices and therapies in the United States and E... More
Vycor Medical 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 Vycor Medical'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 Vycor Medical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 22.16 | |||
| Information Ratio | 0.0413 | |||
| Maximum Drawdown | 86.27 | |||
| Value At Risk | (11.63) | |||
| Potential Upside | 15.79 |
Vycor Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vycor Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vycor Medical's standard deviation. In reality, there are many statistical measures that can use Vycor Medical historical prices to predict the future Vycor Medical's volatility.| Risk Adjusted Performance | 0.0444 | |||
| Jensen Alpha | 0.5364 | |||
| Total Risk Alpha | 0.1629 | |||
| Sortino Ratio | 0.022 | |||
| Treynor Ratio | (0.48) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vycor Medical'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.
Vycor Medical Backtested Returns
Vycor Medical appears to be out of control, given 3 months investment horizon. Vycor Medical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0451, which indicates the firm had a 0.0451% return per unit of risk over the last 3 months. By inspecting Vycor Medical's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please review Vycor Medical's Risk Adjusted Performance of 0.0444, coefficient of variation of 2266.47, and Semi Deviation of 8.34 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vycor Medical holds a performance score of 3. The entity has a beta of -1.06, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Vycor Medical are expected to decrease slowly. On the other hand, during market turmoil, Vycor Medical is expected to outperform it slightly. Please check Vycor Medical's total risk alpha and the relationship between the potential upside and price action indicator , to make a quick decision on whether Vycor Medical's existing price patterns will revert.
Auto-correlation | 0.04 |
Virtually no predictability
Vycor Medical has virtually no predictability. Overlapping area represents the amount of predictability between Vycor Medical time series from 31st of December 2022 to 26th of December 2023 and 26th of December 2023 to 20th 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 Vycor Medical price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Vycor Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Vycor Medical lagged returns against current returns
Autocorrelation, which is Vycor Medical 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 Vycor Medical's otc stock expected returns. We can calculate the autocorrelation of Vycor Medical returns to help us make a trade decision. For example, suppose you find that Vycor Medical 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 |
| Timeline |
Vycor Medical 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 Vycor Medical otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vycor Medical otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vycor Medical otc stock over time.
Current vs Lagged Prices |
| Timeline |
Vycor Medical Lagged Returns
When evaluating Vycor Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vycor Medical otc stock have on its future price. Vycor Medical 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, Vycor Medical autocorrelation shows the relationship between Vycor Medical otc stock current value and its past values and can show if there is a momentum factor associated with investing in Vycor Medical.
Regressed Prices |
| Timeline |
Pair Trading with Vycor Medical
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Vycor Medical position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Vycor Medical will appreciate offsetting losses from the drop in the long position's value.Moving against Vycor OTC Stock
| 0.38 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
The ability to find closely correlated positions to Vycor Medical could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Vycor Medical when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Vycor Medical - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Vycor Medical to buy it.
The correlation of Vycor Medical is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Vycor Medical moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Vycor Medical moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Vycor Medical can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Vycor OTC Stock
Vycor Medical financial ratios help investors to determine whether Vycor 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 Vycor with respect to the benefits of owning Vycor Medical security.