Medartis Holding's market value is the price at which a share of Medartis Holding trades on a public exchange. It measures the collective expectations of Medartis Holding AG investors about its performance. Medartis Holding is selling for under 66.30 as of the 18th of January 2025; that is 1.49 percent decrease since the beginning of the trading day. The stock's lowest day price was 65.9. With this module, you can estimate the performance of a buy and hold strategy of Medartis Holding AG and determine expected loss or profit from investing in Medartis Holding over a given investment horizon. Check out Medartis Holding Correlation, Medartis Holding Volatility and Medartis Holding Alpha and Beta module to complement your research on Medartis Holding.
Please note, there is a significant difference between Medartis Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Medartis Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medartis Holding'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.
Medartis Holding '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 Medartis Holding'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 Medartis Holding.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in Medartis Holding on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Medartis Holding AG or generate 0.0% return on investment in Medartis Holding over 30 days. Medartis Holding is related to or competes with Bachem Holding, Sonova H, VAT Group, and Straumann Holding. More
Medartis Holding 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 Medartis Holding'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 Medartis Holding AG 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 Medartis Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Medartis Holding's standard deviation. In reality, there are many statistical measures that can use Medartis Holding historical prices to predict the future Medartis Holding's volatility.
Medartis Holding appears to be very steady, given 3 months investment horizon. Medartis Holding has Sharpe Ratio of 0.0653, which conveys that the firm had a 0.0653% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Medartis Holding, which you can use to evaluate the volatility of the firm. Please exercise Medartis Holding's Mean Deviation of 2.57, risk adjusted performance of 0.0875, and Downside Deviation of 3.05 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Medartis Holding holds a performance score of 5. The company secures a Beta (Market Risk) of -0.0572, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Medartis Holding are expected to decrease at a much lower rate. During the bear market, Medartis Holding is likely to outperform the market. Please check Medartis Holding's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Medartis Holding's current price movements will revert.
Auto-correlation
0.18
Very weak predictability
Medartis Holding AG has very weak predictability. Overlapping area represents the amount of predictability between Medartis Holding time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Medartis Holding price movement. The serial correlation of 0.18 indicates that over 18.0% of current Medartis Holding price fluctuation can be explain by its past prices.
Correlation Coefficient
0.18
Spearman Rank Test
0.77
Residual Average
0.0
Price Variance
1.17
Medartis Holding lagged returns against current returns
Autocorrelation, which is Medartis Holding 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 Medartis Holding's stock expected returns. We can calculate the autocorrelation of Medartis Holding returns to help us make a trade decision. For example, suppose you find that Medartis Holding 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
Medartis Holding 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 Medartis Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Medartis Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Medartis Holding stock over time.
Current vs Lagged Prices
Timeline
Medartis Holding Lagged Returns
When evaluating Medartis Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Medartis Holding stock have on its future price. Medartis Holding 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, Medartis Holding autocorrelation shows the relationship between Medartis Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Medartis Holding AG.
Regressed Prices
Timeline
Also Currently Popular
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.
When running Medartis Holding's price analysis, check to measure Medartis Holding'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 Medartis Holding is operating at the current time. Most of Medartis Holding's value examination focuses on studying past and present price action to predict the probability of Medartis Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medartis Holding's price. Additionally, you may evaluate how the addition of Medartis Holding to your portfolios can decrease your overall portfolio volatility.