Implantica (Sweden) Market Value
| IMP-A-SDB | SEK 36.10 0.65 1.77% |
| Symbol | Implantica |
Implantica '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 Implantica'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 Implantica.
| 02/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Implantica on February 9, 2023 and sell it all today you would earn a total of 0.00 from holding Implantica AG or generate 0.0% return on investment in Implantica over 660 days. Implantica is related to or competes with Bonesupport Holding, Surgical Science, and Storytel. Implantica AG, a medtech company, researches, develops, and sells medical implants for unmet medical needs in Switzerlan... More
Implantica 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 Implantica'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 Implantica AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 13.02 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 3.7 |
Implantica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Implantica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Implantica's standard deviation. In reality, there are many statistical measures that can use Implantica historical prices to predict the future Implantica's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (2.44) |
Implantica AG Backtested Returns
Implantica AG holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Implantica AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Implantica's Market Risk Adjusted Performance of (2.43), standard deviation of 2.54, and Risk Adjusted Performance of (0.09) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Implantica's returns are expected to increase less than the market. However, during the bear market, the loss of holding Implantica is expected to be smaller as well. At this point, Implantica AG has a negative expected return of -0.3%. Please make sure to check out Implantica's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Implantica AG performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.24 |
Weak reverse predictability
Implantica AG has weak reverse predictability. Overlapping area represents the amount of predictability between Implantica time series from 9th of February 2023 to 5th of January 2024 and 5th of January 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 Implantica AG price movement. The serial correlation of -0.24 indicates that over 24.0% of current Implantica price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 41.22 |
Implantica AG lagged returns against current returns
Autocorrelation, which is Implantica 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 Implantica's stock expected returns. We can calculate the autocorrelation of Implantica returns to help us make a trade decision. For example, suppose you find that Implantica 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 |
Implantica 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 Implantica stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Implantica stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Implantica stock over time.
Current vs Lagged Prices |
| Timeline |
Implantica Lagged Returns
When evaluating Implantica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Implantica stock have on its future price. Implantica 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, Implantica autocorrelation shows the relationship between Implantica stock current value and its past values and can show if there is a momentum factor associated with investing in Implantica AG.
Regressed Prices |
| Timeline |
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Additional Tools for Implantica Stock Analysis
When running Implantica's price analysis, check to measure Implantica'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 Implantica is operating at the current time. Most of Implantica's value examination focuses on studying past and present price action to predict the probability of Implantica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Implantica's price. Additionally, you may evaluate how the addition of Implantica to your portfolios can decrease your overall portfolio volatility.