Autonomix Medical, Common Stock Market Value
| AMIX Stock | 6.33 0.05 0.80% |
| Symbol | Autonomix |
Autonomix Medical, Common Price To Book Ratio
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Autonomix Medical,. If investors know Autonomix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Autonomix Medical, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.90) | Return On Assets (1.24) | Return On Equity (5.82) |
The market value of Autonomix Medical, Common is measured differently than its book value, which is the value of Autonomix that is recorded on the company's balance sheet. Investors also form their own opinion of Autonomix Medical,'s value that differs from its market value or its book value, called intrinsic value, which is Autonomix Medical,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Autonomix Medical,'s market value can be influenced by many factors that don't directly affect Autonomix Medical,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Autonomix Medical,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Autonomix Medical, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autonomix 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.
Autonomix 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 Autonomix 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 Autonomix Medical,.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Autonomix Medical, on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Autonomix Medical, Common or generate 0.0% return on investment in Autonomix Medical, over 30 days. Autonomix Medical, is related to or competes with Heartbeam, EUDA Health, Nutex Health, Healthcare Triangle, Mangoceuticals, Common, and Aclarion. Autonomix Medical, is entity of United States More
Autonomix 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 Autonomix 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 Autonomix Medical, Common upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 84.26 | |||
| Value At Risk | (15.75) | |||
| Potential Upside | 21.84 |
Autonomix Medical, Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Autonomix Medical,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Autonomix Medical,'s standard deviation. In reality, there are many statistical measures that can use Autonomix Medical, historical prices to predict the future Autonomix Medical,'s volatility.| Risk Adjusted Performance | 0.0059 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (2.20) | |||
| Treynor Ratio | 0.1639 |
Autonomix Medical, Common Backtested Returns
At this stage we consider Autonomix Stock to be dangerous. Autonomix Medical, Common secures Sharpe Ratio (or Efficiency) of 0.0022, which signifies that the company had a 0.0022% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Autonomix Medical, Common, which you can use to evaluate the volatility of the firm. Please confirm Autonomix Medical,'s Standard Deviation of 13.51, risk adjusted performance of 0.0059, and Mean Deviation of 7.07 to double-check if the risk estimate we provide is consistent with the expected return of 0.0298%. The firm shows a Beta (market volatility) of -0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Autonomix Medical, are expected to decrease at a much lower rate. During the bear market, Autonomix Medical, is likely to outperform the market. Autonomix Medical, Common right now shows a risk of 13.82%. Please confirm Autonomix Medical, Common total risk alpha, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Autonomix Medical, Common will be following its price patterns.
Auto-correlation | 0.28 |
Poor predictability
Autonomix Medical, Common has poor predictability. Overlapping area represents the amount of predictability between Autonomix Medical, time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 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 Autonomix Medical, Common price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Autonomix Medical, price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 5.92 |
Autonomix Medical, Common lagged returns against current returns
Autocorrelation, which is Autonomix 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 Autonomix Medical,'s stock expected returns. We can calculate the autocorrelation of Autonomix Medical, returns to help us make a trade decision. For example, suppose you find that Autonomix 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 |
Autonomix 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 Autonomix Medical, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Autonomix Medical, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Autonomix Medical, stock over time.
Current vs Lagged Prices |
| Timeline |
Autonomix Medical, Lagged Returns
When evaluating Autonomix Medical,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Autonomix Medical, stock have on its future price. Autonomix 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, Autonomix Medical, autocorrelation shows the relationship between Autonomix Medical, stock current value and its past values and can show if there is a momentum factor associated with investing in Autonomix Medical, Common.
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 Autonomix Stock Analysis
When running Autonomix Medical,'s price analysis, check to measure Autonomix Medical,'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 Autonomix Medical, is operating at the current time. Most of Autonomix Medical,'s value examination focuses on studying past and present price action to predict the probability of Autonomix Medical,'s future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autonomix Medical,'s price. Additionally, you may evaluate how the addition of Autonomix Medical, to your portfolios can decrease your overall portfolio volatility.