Mitesco Stock Market Value

MITI Stock  USD 0.50  0.02  4.17%   
Mitesco's market value is the price at which a share of Mitesco trades on a public exchange. It measures the collective expectations of Mitesco investors about its performance. Mitesco is trading at 0.5 as of the 27th of February 2025. This is a 4.17 percent increase since the beginning of the trading day. The stock's open price was 0.48.
With this module, you can estimate the performance of a buy and hold strategy of Mitesco and determine expected loss or profit from investing in Mitesco over a given investment horizon. Check out Mitesco Correlation, Mitesco Volatility and Mitesco Alpha and Beta module to complement your research on Mitesco.
Symbol

Please note, there is a significant difference between Mitesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitesco'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.

Mitesco '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 Mitesco'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 Mitesco.
0.00
01/28/2025
No Change 0.00  0.0 
In 31 days
02/27/2025
0.00
If you would invest  0.00  in Mitesco on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Mitesco or generate 0.0% return on investment in Mitesco over 30 days. Mitesco is related to or competes with Sun Pacific. Mitesco, Inc. operates medical clinics under the The Good Clinic name in North East Minneapolis, the United States More

Mitesco 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 Mitesco'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 Mitesco upside and downside potential and time the market with a certain degree of confidence.

Mitesco Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitesco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitesco's standard deviation. In reality, there are many statistical measures that can use Mitesco historical prices to predict the future Mitesco's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mitesco'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.
Hype
Prediction
LowEstimatedHigh
0.030.5014.87
Details
Intrinsic
Valuation
LowRealHigh
0.020.4014.77
Details
Naive
Forecast
LowNextHigh
0.010.4814.86
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.310.430.55
Details

Mitesco Backtested Returns

Mitesco is out of control given 3 months investment horizon. Mitesco has Sharpe Ratio of 0.0792, which conveys that the firm had a 0.0792 % return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Mitesco Downside Deviation of 18.24, mean deviation of 8.62, and Risk Adjusted Performance of 0.053 to evaluate company specific risk that cannot be diversified away. Mitesco holds a performance score of 6 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.01, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Mitesco are expected to decrease slowly. On the other hand, during market turmoil, Mitesco is expected to outperform it slightly. Use Mitesco potential upside, as well as the relationship between the kurtosis and day typical price , to analyze future returns on Mitesco.

Auto-correlation

    
  -0.27  

Weak reverse predictability

Mitesco has weak reverse predictability. Overlapping area represents the amount of predictability between Mitesco time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Mitesco price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Mitesco price fluctuation can be explain by its past prices.
Correlation Coefficient-0.27
Spearman Rank Test-0.2
Residual Average0.0
Price Variance0.0
Mitesco ReturnsMitesco Lagged ReturnsDiversified AwayMitesco ReturnsMitesco Lagged ReturnsDiversified Away100%

Mitesco lagged returns against current returns

Autocorrelation, which is Mitesco 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 Mitesco's pink sheet expected returns. We can calculate the autocorrelation of Mitesco returns to help us make a trade decision. For example, suppose you find that Mitesco 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   
JavaScript chart by amCharts 3.21.15Feb 12Feb 14Feb 16Feb 18Feb 20Feb 22Feb 24Feb 26-30%-20%-10%0%10%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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Mitesco 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 Mitesco pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mitesco pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mitesco pink sheet over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 12Feb 14Feb 16Feb 18Feb 20Feb 22Feb 24Feb 260.410.420.430.440.450.460.470.480.490.50
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
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Mitesco Lagged Returns

When evaluating Mitesco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mitesco pink sheet have on its future price. Mitesco 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, Mitesco autocorrelation shows the relationship between Mitesco pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mitesco.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15Jan 28FebFeb 05Feb 09Feb 13Feb 17Feb 21Feb 250.300.350.400.450.50
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Mitesco Pink Sheet

Mitesco financial ratios help investors to determine whether Mitesco 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 Mitesco with respect to the benefits of owning Mitesco security.