Medincell Sa Stock Market Value
| MDCLF Stock | USD 6.98 0.00 0.00% |
| Symbol | MedinCell |
MedinCell '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 MedinCell'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 MedinCell.
| 11/25/2024 |
| 12/25/2024 |
If you would invest 0.00 in MedinCell on November 25, 2024 and sell it all today you would earn a total of 0.00 from holding MedinCell SA or generate 0.0% return on investment in MedinCell over 30 days. MedinCell is related to or competes with Adaptive Biotechnologies, Legend Biotech, Vir Biotechnology, and Apellis Pharmaceuticals. It develops solutions based on BEPO, a technology for long-acting injectable products based on proprietary copolymers an... More
MedinCell 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 MedinCell'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 MedinCell SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1195 |
MedinCell Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MedinCell's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MedinCell's standard deviation. In reality, there are many statistical measures that can use MedinCell historical prices to predict the future MedinCell's volatility.| Risk Adjusted Performance | 0.1078 | |||
| Jensen Alpha | 1.44 | |||
| Total Risk Alpha | 0.976 | |||
| Treynor Ratio | 0.7236 |
MedinCell SA Backtested Returns
We have found fifteen technical indicators for MedinCell, which you can use to evaluate the volatility of the firm. Please verify MedinCell's Standard Deviation of 12.38, mean deviation of 3.0, and Risk Adjusted Performance of 0.1078 to check out if the risk estimate we provide is consistent with the expected return of 0.0%. The company secures a Beta (Market Risk) of 2.09, which conveys 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, MedinCell will likely underperform. MedinCell SA right now secures a risk of 0.0%. Please verify MedinCell SA variance, as well as the relationship between the skewness and day median price , to decide if MedinCell SA will be following its current price movements.
Auto-correlation | 0.00 |
No correlation between past and present
MedinCell SA has no correlation between past and present. Overlapping area represents the amount of predictability between MedinCell time series from 25th of November 2024 to 10th of December 2024 and 10th of December 2024 to 25th 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 MedinCell SA price movement. The serial correlation of 0.0 indicates that just 0.0% of current MedinCell price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MedinCell SA lagged returns against current returns
Autocorrelation, which is MedinCell 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 MedinCell's pink sheet expected returns. We can calculate the autocorrelation of MedinCell returns to help us make a trade decision. For example, suppose you find that MedinCell 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 |
MedinCell 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 MedinCell pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MedinCell pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MedinCell pink sheet over time.
Current vs Lagged Prices |
| Timeline |
MedinCell Lagged Returns
When evaluating MedinCell's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MedinCell pink sheet have on its future price. MedinCell 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, MedinCell autocorrelation shows the relationship between MedinCell pink sheet current value and its past values and can show if there is a momentum factor associated with investing in MedinCell SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MedinCell Pink Sheet
MedinCell financial ratios help investors to determine whether MedinCell 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 MedinCell with respect to the benefits of owning MedinCell security.