Repro Med Systems Stock Market Value
| KRMD Stock | USD 3.66 0.14 3.98% |
| Symbol | Repro |
Repro Med Systems Price To Book Ratio
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Repro Med. If investors know Repro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Repro Med listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.66) | Earnings Share (0.26) | Revenue Per Share 0.674 | Quarterly Revenue Growth 0.215 | Return On Assets (0.14) |
The market value of Repro Med Systems is measured differently than its book value, which is the value of Repro that is recorded on the company's balance sheet. Investors also form their own opinion of Repro Med's value that differs from its market value or its book value, called intrinsic value, which is Repro Med's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Repro Med's market value can be influenced by many factors that don't directly affect Repro Med's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Repro Med's value and its price as these two are different measures arrived at by different means. Investors typically determine if Repro Med is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Repro Med's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Repro Med '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 Repro Med'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 Repro Med.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Repro Med on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Repro Med Systems or generate 0.0% return on investment in Repro Med over 30 days. Repro Med is related to or competes with Precision Optics,, InfuSystems Holdings, Utah Medical, Milestone Scientific, Merit Medical, AtriCure, and Pro Dex. KORU Medical Systems, Inc. designs, manufactures, and markets portable medical devices primarily for the ambulatory infu... More
Repro Med 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 Repro Med'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 Repro Med Systems upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.08 | |||
| Information Ratio | 0.174 | |||
| Maximum Drawdown | 18.56 | |||
| Value At Risk | (4.40) | |||
| Potential Upside | 6.37 |
Repro Med Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Repro Med's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Repro Med's standard deviation. In reality, there are many statistical measures that can use Repro Med historical prices to predict the future Repro Med's volatility.| Risk Adjusted Performance | 0.1692 | |||
| Jensen Alpha | 0.7235 | |||
| Total Risk Alpha | 0.1838 | |||
| Sortino Ratio | 0.196 | |||
| Treynor Ratio | (45.38) |
Repro Med Systems Backtested Returns
Repro Med appears to be relatively risky, given 3 months investment horizon. Repro Med Systems maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Repro Med's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please evaluate Repro Med's Coefficient Of Variation of 473.56, semi deviation of 2.37, and Risk Adjusted Performance of 0.1692 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Repro Med holds a performance score of 15. The company holds a Beta of -0.0159, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Repro Med are expected to decrease at a much lower rate. During the bear market, Repro Med is likely to outperform the market. Please check Repro Med's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Repro Med's historical price patterns will revert.
Auto-correlation | 0.69 |
Good predictability
Repro Med Systems has good predictability. Overlapping area represents the amount of predictability between Repro Med time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Repro Med Systems price movement. The serial correlation of 0.69 indicates that around 69.0% of current Repro Med price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Repro Med Systems lagged returns against current returns
Autocorrelation, which is Repro Med 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 Repro Med's stock expected returns. We can calculate the autocorrelation of Repro Med returns to help us make a trade decision. For example, suppose you find that Repro Med 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 |
Repro Med 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 Repro Med stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Repro Med stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Repro Med stock over time.
Current vs Lagged Prices |
| Timeline |
Repro Med Lagged Returns
When evaluating Repro Med's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Repro Med stock have on its future price. Repro Med 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, Repro Med autocorrelation shows the relationship between Repro Med stock current value and its past values and can show if there is a momentum factor associated with investing in Repro Med Systems.
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.When determining whether Repro Med Systems is a strong investment it is important to analyze Repro Med's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Repro Med's future performance. For an informed investment choice regarding Repro Stock, refer to the following important reports:Check out Repro Med Correlation, Repro Med Volatility and Repro Med Alpha and Beta module to complement your research on Repro Med. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Repro Med technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.