Hyperfine Stock Market Value
| HYPR Stock | USD 0.92 0.05 5.15% |
| Symbol | Hyperfine |
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hyperfine. If investors know Hyperfine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hyperfine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hyperfine is measured differently than its book value, which is the value of Hyperfine that is recorded on the company's balance sheet. Investors also form their own opinion of Hyperfine's value that differs from its market value or its book value, called intrinsic value, which is Hyperfine's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hyperfine's market value can be influenced by many factors that don't directly affect Hyperfine's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hyperfine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hyperfine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyperfine'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.
Hyperfine '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 Hyperfine'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 Hyperfine.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Hyperfine on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Hyperfine or generate 0.0% return on investment in Hyperfine over 90 days. Hyperfine is related to or competes with Neuropace, Orthopediatrics Corp, Anika Therapeutics, PAVmed, LivaNova PLC, Electromed, and SurModics. Hyperfine, Inc. provides imaging, monitoring, and magnetic resonance imaging products More
Hyperfine 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 Hyperfine'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 Hyperfine upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.04 | |||
| Information Ratio | 0.0411 | |||
| Maximum Drawdown | 54.74 | |||
| Value At Risk | (6.14) | |||
| Potential Upside | 10.0 |
Hyperfine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Hyperfine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Hyperfine's standard deviation. In reality, there are many statistical measures that can use Hyperfine historical prices to predict the future Hyperfine's volatility.| Risk Adjusted Performance | 0.0321 | |||
| Jensen Alpha | 0.3446 | |||
| Total Risk Alpha | 1.05 | |||
| Sortino Ratio | 0.0356 | |||
| Treynor Ratio | 0.1149 |
Hyperfine Backtested Returns
Currently, Hyperfine is abnormally volatile. Hyperfine holds Efficiency (Sharpe) Ratio of 0.0268, which attests that the entity had a 0.0268 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hyperfine, which you can use to evaluate the volatility of the firm. Please check out Hyperfine's Market Risk Adjusted Performance of 0.1249, downside deviation of 8.04, and Risk Adjusted Performance of 0.0321 to validate if the risk estimate we provide is consistent with the expected return of 0.19%. Hyperfine has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.54, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Hyperfine will likely underperform. Hyperfine right now retains a risk of 6.96%. Please check out Hyperfine value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if Hyperfine will be following its current trending patterns.
Auto-correlation | -0.61 |
Very good reverse predictability
Hyperfine has very good reverse predictability. Overlapping area represents the amount of predictability between Hyperfine 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 Hyperfine price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Hyperfine price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Hyperfine lagged returns against current returns
Autocorrelation, which is Hyperfine 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 Hyperfine's stock expected returns. We can calculate the autocorrelation of Hyperfine returns to help us make a trade decision. For example, suppose you find that Hyperfine 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 |
Hyperfine 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 Hyperfine stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Hyperfine stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Hyperfine stock over time.
Current vs Lagged Prices |
| Timeline |
Hyperfine Lagged Returns
When evaluating Hyperfine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Hyperfine stock have on its future price. Hyperfine 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, Hyperfine autocorrelation shows the relationship between Hyperfine stock current value and its past values and can show if there is a momentum factor associated with investing in Hyperfine.
Regressed Prices |
| Timeline |
Additional Tools for Hyperfine Stock Analysis
When running Hyperfine's price analysis, check to measure Hyperfine'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 Hyperfine is operating at the current time. Most of Hyperfine's value examination focuses on studying past and present price action to predict the probability of Hyperfine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hyperfine's price. Additionally, you may evaluate how the addition of Hyperfine to your portfolios can decrease your overall portfolio volatility.