Egf Theramed Health Stock Market Value
| EVAHF Stock | USD 0.05 0.03 35.53% |
| Symbol | EGF |
EGF Theramed '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 EGF Theramed's pink sheet 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 EGF Theramed.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in EGF Theramed on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding EGF Theramed Health or generate 0.0% return on investment in EGF Theramed over 90 days. EGF Theramed is related to or competes with Mitesco, Healthcare Triangle, Bullfrog, and Cogstate. EGF Theramed Health Corp. provides psychedelic drugs for the treatment of mental health More
EGF Theramed 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 EGF Theramed's pink sheet 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 EGF Theramed Health upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 47.59 | |||
| Information Ratio | 0.0785 | |||
| Maximum Drawdown | 351.5 | |||
| Value At Risk | (35.53) | |||
| Potential Upside | 52.5 |
EGF Theramed Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EGF Theramed's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EGF Theramed's standard deviation. In reality, there are many statistical measures that can use EGF Theramed historical prices to predict the future EGF Theramed's volatility.| Risk Adjusted Performance | 0.0761 | |||
| Jensen Alpha | 3.15 | |||
| Total Risk Alpha | 8.58 | |||
| Sortino Ratio | 0.0704 | |||
| Treynor Ratio | (4.04) |
EGF Theramed Health Backtested Returns
EGF Theramed is out of control given 3 months investment horizon. EGF Theramed Health secures Sharpe Ratio (or Efficiency) of 0.0762, which denotes the company had a 0.0762 % return per unit of return volatility over the last 3 months. We have analyze and collected data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 3.25% are justified by taking the suggested risk. Use EGF Theramed downside deviation of 47.59, and Mean Deviation of 16.7 to evaluate company specific risk that cannot be diversified away. EGF Theramed holds a performance score of 6 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.8, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning EGF Theramed are expected to decrease at a much lower rate. During the bear market, EGF Theramed is likely to outperform the market. Use EGF Theramed coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to analyze future returns on EGF Theramed.
Auto-correlation | -0.34 |
Poor reverse predictability
EGF Theramed Health has poor reverse predictability. Overlapping area represents the amount of predictability between EGF Theramed time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 EGF Theramed Health price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current EGF Theramed price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
EGF Theramed Health lagged returns against current returns
Autocorrelation, which is EGF Theramed pink sheet'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 EGF Theramed's pink sheet expected returns. We can calculate the autocorrelation of EGF Theramed returns to help us make a trade decision. For example, suppose you find that EGF Theramed has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
EGF Theramed 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 EGF Theramed pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EGF Theramed pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EGF Theramed pink sheet over time.
Current vs Lagged Prices |
| Timeline |
EGF Theramed Lagged Returns
When evaluating EGF Theramed's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EGF Theramed pink sheet have on its future price. EGF Theramed 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, EGF Theramed autocorrelation shows the relationship between EGF Theramed pink sheet current value and its past values and can show if there is a momentum factor associated with investing in EGF Theramed Health.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in EGF Pink Sheet
EGF Theramed financial ratios help investors to determine whether EGF Pink Sheet 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 EGF with respect to the benefits of owning EGF Theramed security.