Mednow Inc Stock Market Value
MDNWF Stock | USD 0.02 0.00 0.00% |
Symbol | Mednow |
Mednow '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 Mednow'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 Mednow.
10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Mednow on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Mednow Inc or generate 0.0% return on investment in Mednow over 30 days. Mednow is related to or competes with Healthcare Triangle, Bullfrog, and Cogstate. Mednow Inc., a healthcare company, develops and operates a proprietary web and mobile application to facilitate the sale... More
Mednow 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 Mednow'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 Mednow Inc upside and downside potential and time the market with a certain degree of confidence.
Mednow Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mednow's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mednow's standard deviation. In reality, there are many statistical measures that can use Mednow historical prices to predict the future Mednow's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mednow'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.
Mednow Inc Backtested Returns
We have found three technical indicators for Mednow, 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 Mednow are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Mednow Inc has perfect predictability. Overlapping area represents the amount of predictability between Mednow 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 Mednow Inc price movement. The serial correlation of 1.0 indicates that 100.0% of current Mednow price fluctuation can be explain by its past prices.
Correlation Coefficient | 1.0 | |
Spearman Rank Test | 1.0 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Mednow Inc lagged returns against current returns
Autocorrelation, which is Mednow 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 Mednow's pink sheet expected returns. We can calculate the autocorrelation of Mednow returns to help us make a trade decision. For example, suppose you find that Mednow 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 |
Mednow 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 Mednow pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mednow pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mednow pink sheet over time.
Current vs Lagged Prices |
Timeline |
Mednow Lagged Returns
When evaluating Mednow's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mednow pink sheet have on its future price. Mednow 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, Mednow autocorrelation shows the relationship between Mednow pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mednow Inc.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mednow Pink Sheet
Mednow financial ratios help investors to determine whether Mednow 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 Mednow with respect to the benefits of owning Mednow security.