Psychemedics Stock Market Value
| PMDI Stock | 1.53 0.06 3.77% |
| Symbol | Psychemedics |
Psychemedics '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 Psychemedics' 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 Psychemedics.
| 01/11/2025 |
| 01/06/2026 |
If you would invest 0.00 in Psychemedics on January 11, 2025 and sell it all today you would earn a total of 0.00 from holding Psychemedics or generate 0.0% return on investment in Psychemedics over 360 days.
Psychemedics 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 Psychemedics' 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 Psychemedics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 12.14 | |||
| Value At Risk | (4.09) | |||
| Potential Upside | 1.22 |
Psychemedics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Psychemedics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Psychemedics' standard deviation. In reality, there are many statistical measures that can use Psychemedics historical prices to predict the future Psychemedics' volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | 0.9175 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Psychemedics' 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.
Psychemedics Backtested Returns
Psychemedics maintains Sharpe Ratio (i.e., Efficiency) of -0.26, which implies the firm had a -0.26 % return per unit of risk over the last 3 months. Psychemedics exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Psychemedics' Variance of 3.34, risk adjusted performance of (0.16), and Coefficient Of Variation of (444.18) to confirm the risk estimate we provide. The company holds a Beta of -0.46, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Psychemedics are expected to decrease at a much lower rate. During the bear market, Psychemedics is likely to outperform the market. At this point, Psychemedics has a negative expected return of -0.5%. Please make sure to check Psychemedics' potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Psychemedics performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.38 |
Poor reverse predictability
Psychemedics has poor reverse predictability. Overlapping area represents the amount of predictability between Psychemedics time series from 11th of January 2025 to 10th of July 2025 and 10th of July 2025 to 6th 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 Psychemedics price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Psychemedics price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Psychemedics lagged returns against current returns
Autocorrelation, which is Psychemedics 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 Psychemedics' pink sheet expected returns. We can calculate the autocorrelation of Psychemedics returns to help us make a trade decision. For example, suppose you find that Psychemedics 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 |
Psychemedics 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 Psychemedics pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Psychemedics pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Psychemedics pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Psychemedics Lagged Returns
When evaluating Psychemedics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Psychemedics pink sheet have on its future price. Psychemedics 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, Psychemedics autocorrelation shows the relationship between Psychemedics pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Psychemedics.
Regressed Prices |
| Timeline |