MEDIAN TECHNOLOGIEEO-05 (Germany) Market Value
| 4ZG Stock | EUR 5.06 0.36 7.66% |
| Symbol | MEDIAN |
MEDIAN TECHNOLOGIEEO-05 '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 MEDIAN TECHNOLOGIEEO-05'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 MEDIAN TECHNOLOGIEEO-05.
| 06/30/2023 |
| 01/20/2025 |
If you would invest 0.00 in MEDIAN TECHNOLOGIEEO-05 on June 30, 2023 and sell it all today you would earn a total of 0.00 from holding MEDIAN TECHNOLOGIEEO 05 or generate 0.0% return on investment in MEDIAN TECHNOLOGIEEO-05 over 570 days. MEDIAN TECHNOLOGIEEO-05 is related to or competes with WuXi AppTec, Thermo Fisher, Danaher, Danaher, SIEMENS HEALTH, Siemens Healthineers, and Agilent Technologies. Median Technologies SA develops and markets software products and platforms for medical image analysis in France, the Un... More
MEDIAN TECHNOLOGIEEO-05 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 MEDIAN TECHNOLOGIEEO-05'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 MEDIAN TECHNOLOGIEEO 05 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.36 | |||
| Information Ratio | 0.1027 | |||
| Maximum Drawdown | 22.52 | |||
| Value At Risk | (5.99) | |||
| Potential Upside | 10.88 |
MEDIAN TECHNOLOGIEEO-05 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MEDIAN TECHNOLOGIEEO-05's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MEDIAN TECHNOLOGIEEO-05's standard deviation. In reality, there are many statistical measures that can use MEDIAN TECHNOLOGIEEO-05 historical prices to predict the future MEDIAN TECHNOLOGIEEO-05's volatility.| Risk Adjusted Performance | 0.099 | |||
| Jensen Alpha | 0.5838 | |||
| Total Risk Alpha | 0.439 | |||
| Sortino Ratio | 0.1249 | |||
| Treynor Ratio | (0.56) |
MEDIAN TECHNOLOGIEEO-05 Backtested Returns
MEDIAN TECHNOLOGIEEO-05 appears to be risky, given 3 months investment horizon. MEDIAN TECHNOLOGIEEO-05 has Sharpe Ratio of 0.0912, which conveys that the firm had a 0.0912 % return per unit of risk over the last 3 months. By examining MEDIAN TECHNOLOGIEEO-05's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please exercise MEDIAN TECHNOLOGIEEO-05's risk adjusted performance of 0.099, and Mean Deviation of 3.99 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MEDIAN TECHNOLOGIEEO-05 holds a performance score of 7. The company secures a Beta (Market Risk) of -1.01, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning MEDIAN TECHNOLOGIEEO-05 are expected to decrease slowly. On the other hand, during market turmoil, MEDIAN TECHNOLOGIEEO-05 is expected to outperform it slightly. Please check MEDIAN TECHNOLOGIEEO-05's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether MEDIAN TECHNOLOGIEEO-05's current price movements will revert.
Auto-correlation | -0.28 |
Weak reverse predictability
MEDIAN TECHNOLOGIEEO 05 has weak reverse predictability. Overlapping area represents the amount of predictability between MEDIAN TECHNOLOGIEEO-05 time series from 30th of June 2023 to 10th of April 2024 and 10th of April 2024 to 20th 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 MEDIAN TECHNOLOGIEEO-05 price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current MEDIAN TECHNOLOGIEEO-05 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 1.03 |
MEDIAN TECHNOLOGIEEO-05 lagged returns against current returns
Autocorrelation, which is MEDIAN TECHNOLOGIEEO-05 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 MEDIAN TECHNOLOGIEEO-05's stock expected returns. We can calculate the autocorrelation of MEDIAN TECHNOLOGIEEO-05 returns to help us make a trade decision. For example, suppose you find that MEDIAN TECHNOLOGIEEO-05 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 |
MEDIAN TECHNOLOGIEEO-05 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 MEDIAN TECHNOLOGIEEO-05 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MEDIAN TECHNOLOGIEEO-05 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MEDIAN TECHNOLOGIEEO-05 stock over time.
Current vs Lagged Prices |
| Timeline |
MEDIAN TECHNOLOGIEEO-05 Lagged Returns
When evaluating MEDIAN TECHNOLOGIEEO-05's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MEDIAN TECHNOLOGIEEO-05 stock have on its future price. MEDIAN TECHNOLOGIEEO-05 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, MEDIAN TECHNOLOGIEEO-05 autocorrelation shows the relationship between MEDIAN TECHNOLOGIEEO-05 stock current value and its past values and can show if there is a momentum factor associated with investing in MEDIAN TECHNOLOGIEEO 05.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MEDIAN Stock
MEDIAN TECHNOLOGIEEO-05 financial ratios help investors to determine whether MEDIAN Stock 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 MEDIAN with respect to the benefits of owning MEDIAN TECHNOLOGIEEO-05 security.