Medical Facilities Stock Market Value
| MFCSF Stock | USD 11.61 0.39 3.48% |
| Symbol | Medical |
Medical Facilities '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 Medical Facilities' 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 Medical Facilities.
| 02/01/2024 |
| 11/27/2024 |
If you would invest 0.00 in Medical Facilities on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Medical Facilities or generate 0.0% return on investment in Medical Facilities over 300 days. Medical Facilities is related to or competes with Fresenius, Ramsay Health, Pennant, DocGo, and P3 Health. Medical Facilities Corporation, through its subsidiaries, owns and operates specialty surgical hospitals and an ambulato... More
Medical Facilities 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 Medical Facilities' 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 Medical Facilities upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | 0.0707 | |||
| Maximum Drawdown | 7.33 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 3.97 |
Medical Facilities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medical Facilities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Medical Facilities' standard deviation. In reality, there are many statistical measures that can use Medical Facilities historical prices to predict the future Medical Facilities' volatility.| Risk Adjusted Performance | 0.1113 | |||
| Jensen Alpha | 0.2716 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0739 | |||
| Treynor Ratio | (2.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Medical Facilities' 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.
Medical Facilities Backtested Returns
At this point, Medical Facilities is not too volatile. Medical Facilities has Sharpe Ratio of 0.0978, which conveys that the firm had a 0.0978% return per unit of risk over the last 3 months. We have found thirty technical indicators for Medical Facilities, which you can use to evaluate the volatility of the firm. Please verify Medical Facilities' Mean Deviation of 1.52, risk adjusted performance of 0.1113, and Downside Deviation of 1.86 to check out if the risk estimate we provide is consistent with the expected return of 0.19%. Medical Facilities has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Medical Facilities are expected to decrease at a much lower rate. During the bear market, Medical Facilities is likely to outperform the market. Medical Facilities right now secures a risk of 1.96%. Please verify Medical Facilities downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if Medical Facilities will be following its current price movements.
Auto-correlation | 0.77 |
Good predictability
Medical Facilities has good predictability. Overlapping area represents the amount of predictability between Medical Facilities time series from 1st of February 2024 to 30th of June 2024 and 30th of June 2024 to 27th 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 Medical Facilities price movement. The serial correlation of 0.77 indicates that around 77.0% of current Medical Facilities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Medical Facilities lagged returns against current returns
Autocorrelation, which is Medical Facilities 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 Medical Facilities' pink sheet expected returns. We can calculate the autocorrelation of Medical Facilities returns to help us make a trade decision. For example, suppose you find that Medical Facilities 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 |
Medical Facilities 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 Medical Facilities pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Medical Facilities pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Medical Facilities pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Medical Facilities Lagged Returns
When evaluating Medical Facilities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Medical Facilities pink sheet have on its future price. Medical Facilities 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, Medical Facilities autocorrelation shows the relationship between Medical Facilities pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Medical Facilities.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Medical Pink Sheet
Medical Facilities financial ratios help investors to determine whether Medical 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 Medical with respect to the benefits of owning Medical Facilities security.