Paradigm Medical Ind Stock Market Value
| PDMI Stock | USD 0.0001 0.00 0.00% |
| Symbol | Paradigm |
Paradigm 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 Paradigm 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 Paradigm Medical.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in Paradigm Medical on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding Paradigm Medical Ind or generate 0.0% return on investment in Paradigm Medical over 720 days. Paradigm Medical Industries, Inc. develops, manufactures, sells, and markets medical devices for the early detection of ... More
Paradigm 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 Paradigm 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 Paradigm Medical Ind upside and downside potential and time the market with a certain degree of confidence.
Paradigm Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Paradigm Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Paradigm Medical's standard deviation. In reality, there are many statistical measures that can use Paradigm Medical historical prices to predict the future Paradigm Medical's volatility.Paradigm Medical Ind Backtested Returns
We have found three technical indicators for Paradigm Medical Ind, which you can use to evaluate the volatility of the company. The company holds a Beta of 0.0, which implies not very significant fluctuations relative to the market. the returns on MARKET and Paradigm Medical are completely uncorrelated.
Auto-correlation | -0.06 |
Very weak reverse predictability
Paradigm Medical Ind has very weak reverse predictability. Overlapping area represents the amount of predictability between Paradigm Medical time series from 9th of January 2024 to 3rd of January 2025 and 3rd of January 2025 to 29th of December 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 Paradigm Medical Ind price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Paradigm Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Paradigm Medical Ind lagged returns against current returns
Autocorrelation, which is Paradigm 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 Paradigm Medical's pink sheet expected returns. We can calculate the autocorrelation of Paradigm Medical returns to help us make a trade decision. For example, suppose you find that Paradigm 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 |
Paradigm 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 Paradigm Medical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Paradigm 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 Paradigm Medical pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Paradigm Medical Lagged Returns
When evaluating Paradigm Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Paradigm Medical pink sheet have on its future price. Paradigm 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, Paradigm Medical autocorrelation shows the relationship between Paradigm Medical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Paradigm Medical Ind.
Regressed Prices |
| Timeline |
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Other Information on Investing in Paradigm Pink Sheet
Paradigm Medical financial ratios help investors to determine whether Paradigm 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 Paradigm with respect to the benefits of owning Paradigm Medical security.