Fuse Medical Stock Market Value
| FZMD Stock | USD 0.12 0.07 140.00% |
| Symbol | Fuse |
Fuse 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 Fuse 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 Fuse Medical.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Fuse Medical on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Fuse Medical or generate 0.0% return on investment in Fuse Medical over 30 days. Fuse Medical is related to or competes with Vivos Therapeutics, Cerus, Boston Scientific, Novacyt SA, Aethlon Medical, Cytosorbents Crp, and Senseonics Holdings. Fuse Medical, Inc. manufactures and distributes medical device implants in the United States More
Fuse 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 Fuse Medical's pink sheet 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 Fuse Medical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1255 | |||
| Maximum Drawdown | 337.5 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 14.29 |
Fuse Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fuse Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fuse Medical's standard deviation. In reality, there are many statistical measures that can use Fuse Medical historical prices to predict the future Fuse Medical's volatility.| Risk Adjusted Performance | 0.102 | |||
| Jensen Alpha | 5.7 | |||
| Total Risk Alpha | 1.99 | |||
| Treynor Ratio | (0.84) |
Fuse Medical Backtested Returns
Fuse Medical is out of control given 3 months investment horizon. Fuse Medical secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of risk over the last 3 months. We have collected data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 5.6% are justified by taking the suggested risk. Use Fuse Medical Standard Deviation of 42.03, mean deviation of 14.13, and Variance of 1766.44 to evaluate company specific risk that cannot be diversified away. Fuse Medical holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -6.35, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Fuse Medical are expected to decrease by larger amounts. On the other hand, during market turmoil, Fuse Medical is expected to outperform it. Use Fuse Medical jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to analyze future returns on Fuse Medical.
Auto-correlation | 0.41 |
Average predictability
Fuse Medical has average predictability. Overlapping area represents the amount of predictability between Fuse Medical time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Fuse Medical price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Fuse Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Fuse Medical lagged returns against current returns
Autocorrelation, which is Fuse 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 Fuse Medical's pink sheet expected returns. We can calculate the autocorrelation of Fuse Medical returns to help us make a trade decision. For example, suppose you find that Fuse 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.
Current and Lagged Values |
| Timeline |
Fuse 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 Fuse Medical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fuse 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 Fuse Medical pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Fuse Medical Lagged Returns
When evaluating Fuse Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fuse Medical pink sheet have on its future price. Fuse 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, Fuse Medical autocorrelation shows the relationship between Fuse Medical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Fuse 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.Other Information on Investing in Fuse Pink Sheet
Fuse Medical financial ratios help investors to determine whether Fuse 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 Fuse with respect to the benefits of owning Fuse Medical security.