Imd Companies Stock Market Value
| ICBU Stock | USD 0.01 0.0001 1.92% |
| Symbol | Imd |
Imd Companies '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 Imd Companies' 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 Imd Companies.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Imd Companies on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Imd Companies or generate 0.0% return on investment in Imd Companies over 30 days. Imd Companies is related to or competes with Neuronetics, Intelligent Bio, Biodesix, Precipio, ProPhase Labs, BioAffinity Technologies, and RadNet. iMD Companies, Inc. is a holding company which, through its subsidiaries, manufactures, markets, and distributes equipme... More
Imd Companies 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 Imd Companies' 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 Imd Companies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.41 | |||
| Information Ratio | 0.1775 | |||
| Maximum Drawdown | 52.38 | |||
| Value At Risk | (15.00) | |||
| Potential Upside | 13.21 |
Imd Companies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Imd Companies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imd Companies' standard deviation. In reality, there are many statistical measures that can use Imd Companies historical prices to predict the future Imd Companies' volatility.| Risk Adjusted Performance | 0.1555 | |||
| Jensen Alpha | 1.67 | |||
| Total Risk Alpha | 0.2329 | |||
| Sortino Ratio | 0.1552 | |||
| Treynor Ratio | 1.04 |
Imd Companies Backtested Returns
Imd Companies is out of control given 3 months investment horizon. Imd Companies holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have analyzed twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.78% are justified by taking the suggested risk. Use Imd Companies Market Risk Adjusted Performance of 1.05, risk adjusted performance of 0.1555, and Downside Deviation of 11.41 to evaluate company specific risk that cannot be diversified away. Imd Companies holds a performance score of 14 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 1.83, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Imd Companies will likely underperform. Use Imd Companies jensen alpha and the relationship between the value at risk and day median price , to analyze future returns on Imd Companies.
Auto-correlation | -0.36 |
Poor reverse predictability
Imd Companies has poor reverse predictability. Overlapping area represents the amount of predictability between Imd Companies time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Imd Companies price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Imd Companies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Imd Companies lagged returns against current returns
Autocorrelation, which is Imd Companies 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 Imd Companies' pink sheet expected returns. We can calculate the autocorrelation of Imd Companies returns to help us make a trade decision. For example, suppose you find that Imd Companies 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 |
Imd Companies 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 Imd Companies pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imd Companies pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imd Companies pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Imd Companies Lagged Returns
When evaluating Imd Companies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imd Companies pink sheet have on its future price. Imd Companies 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, Imd Companies autocorrelation shows the relationship between Imd Companies pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Imd Companies.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Imd Pink Sheet Analysis
When running Imd Companies' price analysis, check to measure Imd Companies' 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 Imd Companies is operating at the current time. Most of Imd Companies' value examination focuses on studying past and present price action to predict the probability of Imd Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imd Companies' price. Additionally, you may evaluate how the addition of Imd Companies to your portfolios can decrease your overall portfolio volatility.