China Medical Healthcare Stock Market Value

Symbol

China

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 China Medical's pink sheet 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 China Medical.

China Medical Upside/Downside Indicators

China Medical Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for China Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as China Medical's standard deviation. In reality, there are many statistical measures that can use China Medical historical prices to predict the future China Medical's volatility.

Autocorrelation, which is China Medical pink sheet'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 China Medical's pink sheet expected returns. We can calculate the autocorrelation of China Medical returns to help us make a trade decision. For example, suppose you find that China Medical has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If China Medical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if China Medical pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in China Medical pink sheet over time.

When evaluating China Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of China Medical pink sheet have on its future price. China 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, China Medical autocorrelation shows the relationship between China Medical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in China Medical HealthCare.

China Medical financial ratios help investors to determine whether China Pink Sheet 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 China with respect to the benefits of owning China Medical security.