MPH Health's market value is the price at which a share of MPH Health trades on a public exchange. It measures the collective expectations of MPH Health Care investors about its performance. MPH Health is trading at 24.20 as of the 4th of January 2025, a 2.54 percent increase since the beginning of the trading day. The stock's lowest day price was 23.6. With this module, you can estimate the performance of a buy and hold strategy of MPH Health Care and determine expected loss or profit from investing in MPH Health over a given investment horizon. Check out MPH Health Correlation, MPH Health Volatility and MPH Health Alpha and Beta module to complement your research on MPH Health.
Please note, there is a significant difference between MPH Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if MPH Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MPH Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
MPH Health '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 MPH 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 MPH Health.
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11/05/2024
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In 2 months and 2 days
01/04/2025
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If you would invest 0.00 in MPH Health on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding MPH Health Care or generate 0.0% return on investment in MPH Health over 60 days. MPH Health is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
MPH Health 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 MPH Health'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 MPH Health Care 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 MPH Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MPH Health's standard deviation. In reality, there are many statistical measures that can use MPH Health historical prices to predict the future MPH Health's volatility.
At this point, MPH Health is very steady. MPH Health Care has Sharpe Ratio of 0.0094, which conveys that the firm had a 0.0094% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MPH Health, which you can use to evaluate the volatility of the firm. Please verify MPH Health's risk adjusted performance of 0.0186, and Mean Deviation of 1.4 to check out if the risk estimate we provide is consistent with the expected return of 0.018%. The company secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MPH Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding MPH Health is expected to be smaller as well. MPH Health Care currently secures a risk of 1.92%. Please verify MPH Health Care mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if MPH Health Care will be following its current price movements.
Auto-correlation
-0.79
Almost perfect reverse predictability
MPH Health Care has almost perfect reverse predictability. Overlapping area represents the amount of predictability between MPH Health time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 MPH Health Care price movement. The serial correlation of -0.79 indicates that around 79.0% of current MPH Health price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.79
Spearman Rank Test
-0.42
Residual Average
0.0
Price Variance
0.59
MPH Health Care lagged returns against current returns
Autocorrelation, which is MPH 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 MPH Health's stock expected returns. We can calculate the autocorrelation of MPH Health returns to help us make a trade decision. For example, suppose you find that MPH 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.
Current and Lagged Values
Timeline
MPH Health 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 MPH Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MPH Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MPH Health stock over time.
Current vs Lagged Prices
Timeline
MPH Health Lagged Returns
When evaluating MPH Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MPH Health stock have on its future price. MPH 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, MPH Health autocorrelation shows the relationship between MPH Health stock current value and its past values and can show if there is a momentum factor associated with investing in MPH Health Care.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
MPH Health financial ratios help investors to determine whether MPH 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 MPH with respect to the benefits of owning MPH Health security.