Epsilon Healthcare Limited Stock Market Value
| HDRPF Stock | USD 0 0.00 0.00% |
| Symbol | Epsilon |
Epsilon Healthcare '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 Epsilon Healthcare'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 Epsilon Healthcare.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Epsilon Healthcare on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Epsilon Healthcare Limited or generate 0.0% return on investment in Epsilon Healthcare over 180 days. Epsilon Healthcare is related to or competes with CbdMD, Evolus, Akanda Corp, Biofrontera, Collegium Pharmaceutical, ANI Pharmaceuticals, and INC Research. Epsilon Healthcare Limited operates as a healthcare and pharmaceuticals company primarily in Australia and Canada More
Epsilon Healthcare 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 Epsilon Healthcare'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 Epsilon Healthcare Limited upside and downside potential and time the market with a certain degree of confidence.
Epsilon Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Epsilon Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Epsilon Healthcare's standard deviation. In reality, there are many statistical measures that can use Epsilon Healthcare historical prices to predict the future Epsilon Healthcare's volatility.Epsilon Healthcare Backtested Returns
We have found three technical indicators for Epsilon Healthcare Limited, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Epsilon Healthcare are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Epsilon Healthcare Limited has perfect predictability. Overlapping area represents the amount of predictability between Epsilon Healthcare time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Epsilon Healthcare price movement. The serial correlation of 1.0 indicates that 100.0% of current Epsilon Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Epsilon Healthcare lagged returns against current returns
Autocorrelation, which is Epsilon Healthcare 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 Epsilon Healthcare's pink sheet expected returns. We can calculate the autocorrelation of Epsilon Healthcare returns to help us make a trade decision. For example, suppose you find that Epsilon Healthcare 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 |
Epsilon Healthcare 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 Epsilon Healthcare pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Epsilon Healthcare pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Epsilon Healthcare pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Epsilon Healthcare Lagged Returns
When evaluating Epsilon Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Epsilon Healthcare pink sheet have on its future price. Epsilon Healthcare 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, Epsilon Healthcare autocorrelation shows the relationship between Epsilon Healthcare pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Epsilon Healthcare Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Epsilon Pink Sheet
Epsilon Healthcare financial ratios help investors to determine whether Epsilon 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 Epsilon with respect to the benefits of owning Epsilon Healthcare security.