Hospital Mater (Brazil) Market Value
| MATD3 Stock | BRL 4.18 0.14 3.24% |
| Symbol | Hospital |
Hospital Mater '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 Hospital Mater'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 Hospital Mater.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Hospital Mater on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Hospital Mater Dei or generate 0.0% return on investment in Hospital Mater over 30 days. Hospital Mater is related to or competes with Planet Fitness, Fidelity National, Tyson Foods, G2D Investments, Prudential Financial, Home Depot, and Extra Space. The company offers hospital, outpatient, laboratory, hospitality, diagnosis, oncology, and other services More
Hospital Mater 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 Hospital Mater'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 Hospital Mater Dei upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 10.16 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 3.44 |
Hospital Mater Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hospital Mater's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hospital Mater's standard deviation. In reality, there are many statistical measures that can use Hospital Mater historical prices to predict the future Hospital Mater's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 1.37 |
Hospital Mater Dei Backtested Returns
Hospital Mater Dei holds Efficiency (Sharpe) Ratio of -0.0661, which attests that the entity had a -0.0661% return per unit of risk over the last 3 months. Hospital Mater Dei exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Hospital Mater's Risk Adjusted Performance of (0.04), standard deviation of 2.27, and Market Risk Adjusted Performance of 1.38 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Hospital Mater are expected to decrease at a much lower rate. During the bear market, Hospital Mater is likely to outperform the market. At this point, Hospital Mater Dei has a negative expected return of -0.15%. Please make sure to check out Hospital Mater's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Hospital Mater Dei performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.65 |
Very good reverse predictability
Hospital Mater Dei has very good reverse predictability. Overlapping area represents the amount of predictability between Hospital Mater time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Hospital Mater Dei price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Hospital Mater price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Hospital Mater Dei lagged returns against current returns
Autocorrelation, which is Hospital Mater 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 Hospital Mater's stock expected returns. We can calculate the autocorrelation of Hospital Mater returns to help us make a trade decision. For example, suppose you find that Hospital Mater 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 |
Hospital Mater 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 Hospital Mater stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hospital Mater stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hospital Mater stock over time.
Current vs Lagged Prices |
| Timeline |
Hospital Mater Lagged Returns
When evaluating Hospital Mater's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hospital Mater stock have on its future price. Hospital Mater 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, Hospital Mater autocorrelation shows the relationship between Hospital Mater stock current value and its past values and can show if there is a momentum factor associated with investing in Hospital Mater Dei.
Regressed Prices |
| Timeline |
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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.Additional Tools for Hospital Stock Analysis
When running Hospital Mater's price analysis, check to measure Hospital Mater'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 Hospital Mater is operating at the current time. Most of Hospital Mater's value examination focuses on studying past and present price action to predict the probability of Hospital Mater's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hospital Mater's price. Additionally, you may evaluate how the addition of Hospital Mater to your portfolios can decrease your overall portfolio volatility.