Advanced Health's market value is the price at which a share of Advanced Health trades on a public exchange. It measures the collective expectations of Advanced Health Intelligence investors about its performance. Advanced Health is trading at 0.004 as of the 27th of November 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.004. With this module, you can estimate the performance of a buy and hold strategy of Advanced Health Intelligence and determine expected loss or profit from investing in Advanced Health over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
Symbol
Advanced
Advanced Health '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 Advanced Health's otc 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 Advanced Health.
0.00
10/28/2024
No Change 0.00
0.0
In 31 days
11/27/2024
0.00
If you would invest 0.00 in Advanced Health on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Advanced Health Intelligence or generate 0.0% return on investment in Advanced Health over 30 days.
Advanced Health 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 Advanced Health's otc 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 Advanced Health Intelligence upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advanced Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advanced Health's standard deviation. In reality, there are many statistical measures that can use Advanced Health historical prices to predict the future Advanced Health's volatility.
Advanced Health Inte secures Sharpe Ratio (or Efficiency) of -0.0341, which signifies that the company had a -0.0341% return per unit of risk over the last 3 months. Advanced Health Intelligence exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Advanced Health's Risk Adjusted Performance of (0.02), mean deviation of 1.33, and Standard Deviation of 5.56 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.58, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Advanced Health are expected to decrease by larger amounts. On the other hand, during market turmoil, Advanced Health is expected to outperform it. At this point, Advanced Health Inte has a negative expected return of -0.19%. Please make sure to confirm Advanced Health's market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to decide if Advanced Health Inte performance from the past will be repeated at some point in the near future.
Auto-correlation
0.00
No correlation between past and present
Advanced Health Intelligence has no correlation between past and present. Overlapping area represents the amount of predictability between Advanced Health time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 Advanced Health Inte price movement. The serial correlation of 0.0 indicates that just 0.0% of current Advanced Health price fluctuation can be explain by its past prices.
Correlation Coefficient
0.0
Spearman Rank Test
-0.2
Residual Average
0.0
Price Variance
0.0
Advanced Health Inte lagged returns against current returns
Autocorrelation, which is Advanced Health otc 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 Advanced Health's otc stock expected returns. We can calculate the autocorrelation of Advanced Health returns to help us make a trade decision. For example, suppose you find that Advanced Health has exhibited high autocorrelation historically, and you observe that the otc 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
Advanced Health 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 Advanced Health otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advanced Health otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Advanced Health otc stock over time.
Current vs Lagged Prices
Timeline
Advanced Health Lagged Returns
When evaluating Advanced Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Advanced Health otc stock have on its future price. Advanced Health 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, Advanced Health autocorrelation shows the relationship between Advanced Health otc stock current value and its past values and can show if there is a momentum factor associated with investing in Advanced Health Intelligence.