APT Medical's market value is the price at which a share of APT Medical trades on a public exchange. It measures the collective expectations of APT Medical investors about its performance. APT Medical is trading at 378.50 as of the 1st of February 2025, a 2.16 percent increase since the beginning of the trading day. The stock's open price was 370.5. With this module, you can estimate the performance of a buy and hold strategy of APT Medical and determine expected loss or profit from investing in APT Medical over a given investment horizon. Check out APT Medical Correlation, APT Medical Volatility and APT Medical Alpha and Beta module to complement your research on APT Medical.
Please note, there is a significant difference between APT Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if APT Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APT Medical'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.
APT 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 APT Medical'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 APT Medical.
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08/05/2024
No Change 0.00
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In 5 months and 30 days
02/01/2025
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If you would invest 0.00 in APT Medical on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding APT Medical or generate 0.0% return on investment in APT Medical over 180 days. APT Medical is related to or competes with Suzhou Douson, Hainan Mining, Chengtun Mining, Zhejiang Kingland, PKU HealthCare, Guangdong Jingyi, and Lotus Health. APT Medical is entity of China. It is traded as Stock on SHG exchange. More
APT 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 APT Medical'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 APT 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 APT Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as APT Medical's standard deviation. In reality, there are many statistical measures that can use APT Medical historical prices to predict the future APT Medical's volatility.
At this point, APT Medical is very steady. APT Medical secures Sharpe Ratio (or Efficiency) of 0.0465, which signifies that the company had a 0.0465 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for APT Medical, which you can use to evaluate the volatility of the firm. Please confirm APT Medical's risk adjusted performance of 0.0136, and Mean Deviation of 1.9 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. APT Medical has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning APT Medical are expected to decrease at a much lower rate. During the bear market, APT Medical is likely to outperform the market. APT Medical currently shows a risk of 2.35%. Please confirm APT Medical standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if APT Medical will be following its price patterns.
Auto-correlation
0.15
Insignificant predictability
APT Medical has insignificant predictability. Overlapping area represents the amount of predictability between APT Medical time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 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 APT Medical price movement. The serial correlation of 0.15 indicates that less than 15.0% of current APT Medical price fluctuation can be explain by its past prices.
Correlation Coefficient
0.15
Spearman Rank Test
0.16
Residual Average
0.0
Price Variance
157.55
APT Medical lagged returns against current returns
Autocorrelation, which is APT Medical 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 APT Medical's stock expected returns. We can calculate the autocorrelation of APT Medical returns to help us make a trade decision. For example, suppose you find that APT Medical 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
APT 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 APT Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if APT Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in APT Medical stock over time.
Current vs Lagged Prices
Timeline
APT Medical Lagged Returns
When evaluating APT Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of APT Medical stock have on its future price. APT 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, APT Medical autocorrelation shows the relationship between APT Medical stock current value and its past values and can show if there is a momentum factor associated with investing in APT Medical.
APT Medical financial ratios help investors to determine whether APT 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 APT with respect to the benefits of owning APT Medical security.