AFFLUENT MEDICAL's market value is the price at which a share of AFFLUENT MEDICAL trades on a public exchange. It measures the collective expectations of AFFLUENT MEDICAL SAS investors about its performance. AFFLUENT MEDICAL is trading at 1.38 as of the 9th of January 2025. This is a 0.72% down since the beginning of the trading day. The stock's lowest day price was 1.38. With this module, you can estimate the performance of a buy and hold strategy of AFFLUENT MEDICAL SAS and determine expected loss or profit from investing in AFFLUENT MEDICAL over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
AFFLUENT
AFFLUENT 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 AFFLUENT MEDICAL'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 AFFLUENT MEDICAL.
0.00
12/10/2024
No Change 0.00
0.0
In 31 days
01/09/2025
0.00
If you would invest 0.00 in AFFLUENT MEDICAL on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding AFFLUENT MEDICAL SAS or generate 0.0% return on investment in AFFLUENT MEDICAL over 30 days.
AFFLUENT 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 AFFLUENT MEDICAL's 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 AFFLUENT MEDICAL SAS upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for AFFLUENT MEDICAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AFFLUENT MEDICAL's standard deviation. In reality, there are many statistical measures that can use AFFLUENT MEDICAL historical prices to predict the future AFFLUENT MEDICAL's volatility.
AFFLUENT MEDICAL SAS secures Sharpe Ratio (or Efficiency) of -0.0388, which signifies that the company had a -0.0388% return per unit of risk over the last 3 months. AFFLUENT MEDICAL SAS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AFFLUENT MEDICAL's Risk Adjusted Performance of (0.02), standard deviation of 4.26, and Mean Deviation of 2.82 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AFFLUENT MEDICAL's returns are expected to increase less than the market. However, during the bear market, the loss of holding AFFLUENT MEDICAL is expected to be smaller as well. At this point, AFFLUENT MEDICAL SAS has a negative expected return of -0.17%. Please make sure to confirm AFFLUENT MEDICAL's total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if AFFLUENT MEDICAL SAS performance from the past will be repeated at some future date.
Auto-correlation
0.68
Good predictability
AFFLUENT MEDICAL SAS has good predictability. Overlapping area represents the amount of predictability between AFFLUENT MEDICAL time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th of January 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 AFFLUENT MEDICAL SAS price movement. The serial correlation of 0.68 indicates that around 68.0% of current AFFLUENT MEDICAL price fluctuation can be explain by its past prices.
Correlation Coefficient
0.68
Spearman Rank Test
0.93
Residual Average
0.0
Price Variance
0.0
AFFLUENT MEDICAL SAS lagged returns against current returns
Autocorrelation, which is AFFLUENT MEDICAL 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 AFFLUENT MEDICAL's stock expected returns. We can calculate the autocorrelation of AFFLUENT MEDICAL returns to help us make a trade decision. For example, suppose you find that AFFLUENT MEDICAL 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.
Current and Lagged Values
Timeline
AFFLUENT 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 AFFLUENT MEDICAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AFFLUENT MEDICAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AFFLUENT MEDICAL stock over time.
Current vs Lagged Prices
Timeline
AFFLUENT MEDICAL Lagged Returns
When evaluating AFFLUENT MEDICAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AFFLUENT MEDICAL stock have on its future price. AFFLUENT 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, AFFLUENT MEDICAL autocorrelation shows the relationship between AFFLUENT MEDICAL stock current value and its past values and can show if there is a momentum factor associated with investing in AFFLUENT MEDICAL SAS.