Medco Holdings (Philippines) Market Value
| MED Stock | 0.13 0.02 18.18% |
| Symbol | Medco |
Medco Holdings '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 Medco Holdings' 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 Medco Holdings.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Medco Holdings on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Medco Holdings or generate 0.0% return on investment in Medco Holdings over 90 days. Medco Holdings is related to or competes with National Reinsurance, Jollibee Foods, Crown Asia, Figaro Coffee, Concepcion Industrial, and Philex Mining. More
Medco Holdings 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 Medco Holdings' 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 Medco Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.81 | |||
| Information Ratio | 0.0463 | |||
| Maximum Drawdown | 30.95 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Medco Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medco Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Medco Holdings' standard deviation. In reality, there are many statistical measures that can use Medco Holdings historical prices to predict the future Medco Holdings' volatility.| Risk Adjusted Performance | 0.0352 | |||
| Jensen Alpha | 0.1687 | |||
| Total Risk Alpha | 0.9719 | |||
| Sortino Ratio | 0.0331 | |||
| Treynor Ratio | (1.42) |
Medco Holdings Backtested Returns
Medco Holdings appears to be out of control, given 3 months investment horizon. Medco Holdings has Sharpe Ratio of 0.0845, which conveys that the firm had a 0.0845 % return per unit of risk over the last 3 months. By analyzing Medco Holdings' technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please exercise Medco Holdings' Downside Deviation of 8.81, risk adjusted performance of 0.0352, and Mean Deviation of 4.1 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Medco Holdings holds a performance score of 6. The company secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Medco Holdings are expected to decrease at a much lower rate. During the bear market, Medco Holdings is likely to outperform the market. Please check Medco Holdings' coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to make a quick decision on whether Medco Holdings' current price movements will revert.
Auto-correlation | 0.46 |
Average predictability
Medco Holdings has average predictability. Overlapping area represents the amount of predictability between Medco Holdings time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Medco Holdings price movement. The serial correlation of 0.46 indicates that about 46.0% of current Medco Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Medco Holdings lagged returns against current returns
Autocorrelation, which is Medco Holdings 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 Medco Holdings' stock expected returns. We can calculate the autocorrelation of Medco Holdings returns to help us make a trade decision. For example, suppose you find that Medco Holdings 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 |
Medco Holdings 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 Medco Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Medco Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Medco Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Medco Holdings Lagged Returns
When evaluating Medco Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Medco Holdings stock have on its future price. Medco Holdings 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, Medco Holdings autocorrelation shows the relationship between Medco Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Medco Holdings.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Medco Stock
Medco Holdings financial ratios help investors to determine whether Medco Stock 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 Medco with respect to the benefits of owning Medco Holdings security.