Nugen Medical Devices Stock Market Value
| NGMDF Stock | USD 0.03 0.00 0.00% |
| Symbol | NuGen |
NuGen Medical '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 NuGen Medical'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 NuGen Medical.
| 12/02/2025 |
| 01/01/2026 |
If you would invest 0.00 in NuGen Medical on December 2, 2025 and sell it all today you would earn a total of 0.00 from holding NuGen Medical Devices or generate 0.0% return on investment in NuGen Medical over 30 days. NuGen Medical is related to or competes with Comprehensive Healthcare, and Pineapple Express. NuGen Medical Devices Inc., a specialty medical device company, focuses on developing and commercializing novel drug del... More
NuGen Medical 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 NuGen Medical'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 NuGen Medical Devices upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 30.49 | |||
| Value At Risk | (7.75) |
NuGen Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NuGen Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NuGen Medical's standard deviation. In reality, there are many statistical measures that can use NuGen Medical historical prices to predict the future NuGen Medical's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | 2.63 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NuGen Medical'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.
NuGen Medical Devices Backtested Returns
NuGen Medical Devices has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12 % return per unit of risk over the last 3 months. NuGen Medical exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NuGen Medical's mean deviation of 1.74, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NuGen Medical are expected to decrease at a much lower rate. During the bear market, NuGen Medical is likely to outperform the market. At this point, NuGen Medical Devices has a negative expected return of -0.6%. Please make sure to verify NuGen Medical's information ratio and the relationship between the value at risk and relative strength index , to decide if NuGen Medical Devices performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
NuGen Medical Devices has no correlation between past and present. Overlapping area represents the amount of predictability between NuGen Medical time series from 2nd of December 2025 to 17th of December 2025 and 17th of December 2025 to 1st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NuGen Medical Devices price movement. The serial correlation of 0.0 indicates that just 0.0% of current NuGen Medical 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 |
NuGen Medical Devices lagged returns against current returns
Autocorrelation, which is NuGen Medical 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 NuGen Medical's otc stock expected returns. We can calculate the autocorrelation of NuGen Medical returns to help us make a trade decision. For example, suppose you find that NuGen Medical 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 |
NuGen Medical 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 NuGen Medical otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NuGen Medical otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NuGen Medical otc stock over time.
Current vs Lagged Prices |
| Timeline |
NuGen Medical Lagged Returns
When evaluating NuGen Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NuGen Medical otc stock have on its future price. NuGen Medical 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, NuGen Medical autocorrelation shows the relationship between NuGen Medical otc stock current value and its past values and can show if there is a momentum factor associated with investing in NuGen Medical Devices.
Regressed Prices |
| Timeline |
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Other Information on Investing in NuGen OTC Stock
NuGen Medical financial ratios help investors to determine whether NuGen OTC Stock 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 NuGen with respect to the benefits of owning NuGen Medical security.