Nemaura Medical Stock Market Value
| NMRD Stock | USD 0.0001 0.00 0.00% |
| Symbol | Nemaura |
Nemaura 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 Nemaura Medical'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 Nemaura Medical.
| 12/12/2025 |
| 01/11/2026 |
If you would invest 0.00 in Nemaura Medical on December 12, 2025 and sell it all today you would earn a total of 0.00 from holding Nemaura Medical or generate 0.0% return on investment in Nemaura Medical over 30 days. Nemaura Medical Inc., a medical technology company, discovers, develops, and commercializes diagnostic medical devices More
Nemaura 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 Nemaura Medical'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 Nemaura Medical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0479 | |||
| Maximum Drawdown | 150.0 |
Nemaura Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nemaura Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nemaura Medical's standard deviation. In reality, there are many statistical measures that can use Nemaura Medical historical prices to predict the future Nemaura Medical's volatility.| Risk Adjusted Performance | 0.0502 | |||
| Jensen Alpha | 0.4529 | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | 0.2138 |
Nemaura Medical Backtested Returns
Nemaura Medical appears to be out of control, given 3 months investment horizon. Nemaura Medical has Sharpe Ratio of 0.0551, which conveys that the firm had a 0.0551 % return per unit of risk over the last 3 months. By analyzing Nemaura Medical's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please exercise Nemaura Medical's Standard Deviation of 13.85, risk adjusted performance of 0.0502, and Mean Deviation of 3.01 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nemaura Medical holds a performance score of 4. The company secures a Beta (Market Risk) of 3.5, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nemaura Medical will likely underperform. Please check Nemaura Medical's information ratio and kurtosis , to make a quick decision on whether Nemaura Medical's current price movements will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Nemaura Medical has no correlation between past and present. Overlapping area represents the amount of predictability between Nemaura Medical time series from 12th of December 2025 to 27th of December 2025 and 27th of December 2025 to 11th 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 Nemaura Medical price movement. The serial correlation of 0.0 indicates that just 0.0% of current Nemaura Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nemaura Medical lagged returns against current returns
Autocorrelation, which is Nemaura Medical 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 Nemaura Medical's pink sheet expected returns. We can calculate the autocorrelation of Nemaura Medical returns to help us make a trade decision. For example, suppose you find that Nemaura Medical 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 |
Nemaura 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 Nemaura Medical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nemaura Medical pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nemaura Medical pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nemaura Medical Lagged Returns
When evaluating Nemaura Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nemaura Medical pink sheet have on its future price. Nemaura 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, Nemaura Medical autocorrelation shows the relationship between Nemaura Medical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nemaura Medical.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nemaura Pink Sheet
Nemaura Medical financial ratios help investors to determine whether Nemaura 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 Nemaura with respect to the benefits of owning Nemaura Medical security.