Cleopatra Hospital's market value is the price at which a share of Cleopatra Hospital trades on a public exchange. It measures the collective expectations of Cleopatra Hospital investors about its performance. Cleopatra Hospital is trading at 8.05 as of the 17th of December 2024. This is a 0.75% up since the beginning of the trading day. The stock's lowest day price was 8.0. With this module, you can estimate the performance of a buy and hold strategy of Cleopatra Hospital and determine expected loss or profit from investing in Cleopatra Hospital 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
Cleopatra
Cleopatra Hospital '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 Cleopatra Hospital'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 Cleopatra Hospital.
0.00
12/28/2022
No Change 0.00
0.0
In 1 year 11 months and 21 days
12/17/2024
0.00
If you would invest 0.00 in Cleopatra Hospital on December 28, 2022 and sell it all today you would earn a total of 0.00 from holding Cleopatra Hospital or generate 0.0% return on investment in Cleopatra Hospital over 720 days.
Cleopatra Hospital 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 Cleopatra Hospital'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 Cleopatra Hospital 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 Cleopatra Hospital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cleopatra Hospital's standard deviation. In reality, there are many statistical measures that can use Cleopatra Hospital historical prices to predict the future Cleopatra Hospital's volatility.
Cleopatra Hospital appears to be somewhat reliable, given 3 months investment horizon. Cleopatra Hospital secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Cleopatra Hospital, which you can use to evaluate the volatility of the firm. Please makes use of Cleopatra Hospital's mean deviation of 2.05, and Risk Adjusted Performance of 0.0953 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cleopatra Hospital holds a performance score of 13. The firm shows a Beta (market volatility) of 0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Cleopatra Hospital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cleopatra Hospital is expected to be smaller as well. Please check Cleopatra Hospital's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Cleopatra Hospital's price patterns will revert.
Auto-correlation
-0.43
Modest reverse predictability
Cleopatra Hospital has modest reverse predictability. Overlapping area represents the amount of predictability between Cleopatra Hospital time series from 28th of December 2022 to 23rd of December 2023 and 23rd of December 2023 to 17th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Cleopatra Hospital price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Cleopatra Hospital price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.43
Spearman Rank Test
-0.43
Residual Average
0.0
Price Variance
1.07
Cleopatra Hospital lagged returns against current returns
Autocorrelation, which is Cleopatra Hospital 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 Cleopatra Hospital's stock expected returns. We can calculate the autocorrelation of Cleopatra Hospital returns to help us make a trade decision. For example, suppose you find that Cleopatra Hospital 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
Cleopatra Hospital 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 Cleopatra Hospital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cleopatra Hospital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cleopatra Hospital stock over time.
Current vs Lagged Prices
Timeline
Cleopatra Hospital Lagged Returns
When evaluating Cleopatra Hospital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cleopatra Hospital stock have on its future price. Cleopatra Hospital 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, Cleopatra Hospital autocorrelation shows the relationship between Cleopatra Hospital stock current value and its past values and can show if there is a momentum factor associated with investing in Cleopatra Hospital.
Regressed Prices
Timeline
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