Advanced Medical (Germany) Market Value
| AQA Stock | 2.36 0.02 0.85% |
| Symbol | Advanced |
Advanced 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 Advanced 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 Advanced Medical.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Advanced Medical on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Advanced Medical Solutions or generate 0.0% return on investment in Advanced Medical over 60 days. Advanced Medical is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
Advanced 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 Advanced 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 Advanced Medical Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 15.84 | |||
| Value At Risk | (3.91) | |||
| Potential Upside | 5.17 |
Advanced Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advanced Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advanced Medical's standard deviation. In reality, there are many statistical measures that can use Advanced Medical historical prices to predict the future Advanced Medical's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Advanced Medical's 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.
Advanced Medical Sol Backtested Returns
Currently, Advanced Medical Solutions is risky. Advanced Medical Sol secures Sharpe Ratio (or Efficiency) of 0.0149, which signifies that the company had a 0.0149% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Advanced Medical Solutions, which you can use to evaluate the volatility of the firm. Please confirm Advanced Medical's Mean Deviation of 2.21, standard deviation of 2.94, and Risk Adjusted Performance of (0.02) to double-check if the risk estimate we provide is consistent with the expected return of 0.0451%. Advanced Medical has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.39, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Advanced Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Advanced Medical is expected to be smaller as well. Advanced Medical Sol right now shows a risk of 3.02%. Please confirm Advanced Medical Sol potential upside, as well as the relationship between the daily balance of power and day typical price , to decide if Advanced Medical Sol will be following its price patterns.
Auto-correlation | 0.60 |
Good predictability
Advanced Medical Solutions has good predictability. Overlapping area represents the amount of predictability between Advanced Medical 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 Advanced Medical Sol price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Advanced Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Advanced Medical Sol lagged returns against current returns
Autocorrelation, which is Advanced 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 Advanced Medical's stock expected returns. We can calculate the autocorrelation of Advanced Medical returns to help us make a trade decision. For example, suppose you find that Advanced 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 |
Advanced 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 Advanced Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advanced Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Advanced Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Advanced Medical Lagged Returns
When evaluating Advanced Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Advanced Medical stock have on its future price. Advanced 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, Advanced Medical autocorrelation shows the relationship between Advanced Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Advanced Medical Solutions.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Advanced Stock Analysis
When running Advanced Medical's price analysis, check to measure Advanced Medical'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 Advanced Medical is operating at the current time. Most of Advanced Medical's value examination focuses on studying past and present price action to predict the probability of Advanced Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Medical's price. Additionally, you may evaluate how the addition of Advanced Medical to your portfolios can decrease your overall portfolio volatility.