Medprin Regenerative's market value is the price at which a share of Medprin Regenerative trades on a public exchange. It measures the collective expectations of Medprin Regenerative Medical investors about its performance. Medprin Regenerative is trading at 43.00 as of the 10th of January 2025, a 0.42% up since the beginning of the trading day. The stock's open price was 42.82. With this module, you can estimate the performance of a buy and hold strategy of Medprin Regenerative Medical and determine expected loss or profit from investing in Medprin Regenerative over a given investment horizon. Check out Medprin Regenerative Correlation, Medprin Regenerative Volatility and Medprin Regenerative Alpha and Beta module to complement your research on Medprin Regenerative.
Please note, there is a significant difference between Medprin Regenerative's value and its price as these two are different measures arrived at by different means. Investors typically determine if Medprin Regenerative is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medprin Regenerative's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Medprin Regenerative '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 Medprin Regenerative's 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 Medprin Regenerative.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Medprin Regenerative's 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 Medprin Regenerative Medical upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medprin Regenerative's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Medprin Regenerative's standard deviation. In reality, there are many statistical measures that can use Medprin Regenerative historical prices to predict the future Medprin Regenerative's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Medprin Regenerative. Your research has to be compared to or analyzed against Medprin Regenerative's peers to derive any actionable benefits. When done correctly, Medprin Regenerative's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Medprin Regenerative.
Medprin Regenerative Backtested Returns
Medprin Regenerative has Sharpe Ratio of -0.0059, which conveys that the firm had a -0.0059% return per unit of risk over the last 3 months. Medprin Regenerative exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Medprin Regenerative's Risk Adjusted Performance of 0.0021, standard deviation of 2.46, and Mean Deviation of 1.95 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Medprin Regenerative's returns are expected to increase less than the market. However, during the bear market, the loss of holding Medprin Regenerative is expected to be smaller as well. At this point, Medprin Regenerative has a negative expected return of -0.0144%. Please make sure to verify Medprin Regenerative's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Medprin Regenerative performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.33
Poor reverse predictability
Medprin Regenerative Medical has poor reverse predictability. Overlapping area represents the amount of predictability between Medprin Regenerative time series from 21st of January 2023 to 16th of January 2024 and 16th of January 2024 to 10th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Medprin Regenerative price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Medprin Regenerative price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.33
Spearman Rank Test
-0.29
Residual Average
0.0
Price Variance
36.27
Medprin Regenerative lagged returns against current returns
Autocorrelation, which is Medprin Regenerative 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 Medprin Regenerative's stock expected returns. We can calculate the autocorrelation of Medprin Regenerative returns to help us make a trade decision. For example, suppose you find that Medprin Regenerative has exhibited high autocorrelation historically, and you observe that the 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
Medprin Regenerative 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 Medprin Regenerative stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Medprin Regenerative stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Medprin Regenerative stock over time.
Current vs Lagged Prices
Timeline
Medprin Regenerative Lagged Returns
When evaluating Medprin Regenerative's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Medprin Regenerative stock have on its future price. Medprin Regenerative 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, Medprin Regenerative autocorrelation shows the relationship between Medprin Regenerative stock current value and its past values and can show if there is a momentum factor associated with investing in Medprin Regenerative Medical.
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.
Medprin Regenerative financial ratios help investors to determine whether Medprin 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 Medprin with respect to the benefits of owning Medprin Regenerative security.