Reliq Health Technologies Stock Market Value

Symbol

Reliq

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 Reliq Health's 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 Reliq Health.

Reliq Health Upside/Downside Indicators

Reliq Health Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Reliq Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Reliq Health's standard deviation. In reality, there are many statistical measures that can use Reliq Health historical prices to predict the future Reliq Health's volatility.

Autocorrelation, which is Reliq Health 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 Reliq Health's stock expected returns. We can calculate the autocorrelation of Reliq Health returns to help us make a trade decision. For example, suppose you find that Reliq Health has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Reliq Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Reliq Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Reliq Health stock over time.

When evaluating Reliq Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Reliq Health stock have on its future price. Reliq 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, Reliq Health autocorrelation shows the relationship between Reliq Health stock current value and its past values and can show if there is a momentum factor associated with investing in Reliq Health Technologies.

When running Reliq Health's price analysis, check to measure Reliq Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reliq Health is operating at the current time. Most of Reliq Health's value examination focuses on studying past and present price action to predict the probability of Reliq Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliq Health's price. Additionally, you may evaluate how the addition of Reliq Health to your portfolios can decrease your overall portfolio volatility.