Medicover Ab Stock Market Value
| MCVEF Stock | USD 27.25 0.00 0.00% |
| Symbol | Medicover |
Medicover '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 Medicover's 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 Medicover.
| 07/04/2025 |
| 12/31/2025 |
If you would invest 0.00 in Medicover on July 4, 2025 and sell it all today you would earn a total of 0.00 from holding Medicover AB or generate 0.0% return on investment in Medicover over 180 days. Medicover is related to or competes with Jinxin Fertility, MicroPort Scientific, Ryman Healthcare, Virbac SA, GN Store, Tecan Group, and Vimian Group. Medicover AB provides healthcare and diagnostic services in Germany, Sweden, Poland, Turkey, Belarus, Bulgaria, Georgia,... More
Medicover 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 Medicover's 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 Medicover AB upside and downside potential and time the market with a certain degree of confidence.
Medicover Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medicover's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Medicover's standard deviation. In reality, there are many statistical measures that can use Medicover historical prices to predict the future Medicover's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Medicover's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Medicover AB Backtested Returns
We have found three technical indicators for Medicover, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Medicover are completely uncorrelated.
Auto-correlation | -92,233,720,368,547,760 |
Near perfect reversele predictability
Medicover AB has near perfect reversele predictability. Overlapping area represents the amount of predictability between Medicover time series from 4th of July 2025 to 2nd of October 2025 and 2nd of October 2025 to 31st of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Medicover AB price movement. The serial correlation of -9.223372036854776E16 indicates that 9.223372036854776E16% of current Medicover price fluctuation can be explain by its past prices.
| Correlation Coefficient | -92233.7 T | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Medicover AB lagged returns against current returns
Autocorrelation, which is Medicover 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 Medicover's pink sheet expected returns. We can calculate the autocorrelation of Medicover returns to help us make a trade decision. For example, suppose you find that Medicover 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 |
Medicover 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 Medicover pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Medicover pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Medicover pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Medicover Lagged Returns
When evaluating Medicover's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Medicover pink sheet have on its future price. Medicover 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, Medicover autocorrelation shows the relationship between Medicover pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Medicover AB.
Regressed Prices |
| Timeline |
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Other Information on Investing in Medicover Pink Sheet
Medicover financial ratios help investors to determine whether Medicover Pink Sheet 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 Medicover with respect to the benefits of owning Medicover security.