Biomedico Hadarim Stock Market Value

Symbol

Biomedico

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 Biomedico Hadarim's otc 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 Biomedico Hadarim.

Biomedico Hadarim Upside/Downside Indicators

Biomedico Hadarim Market Risk Indicators

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

Autocorrelation, which is Biomedico Hadarim otc 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 Biomedico Hadarim's otc stock expected returns. We can calculate the autocorrelation of Biomedico Hadarim returns to help us make a trade decision. For example, suppose you find that Biomedico Hadarim has exhibited high autocorrelation historically, and you observe that the otc stock 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 Biomedico Hadarim otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Biomedico Hadarim otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Biomedico Hadarim otc stock over time.

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

Biomedico Hadarim financial ratios help investors to determine whether Biomedico OTC Stock 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 Biomedico with respect to the benefits of owning Biomedico Hadarim security.