Pacific Health Care Stock Market Value
| PFHO Stock | USD 0.69 0.02 2.82% |
| Symbol | Pacific |
Pacific Health '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 Pacific Health's otc 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 Pacific Health.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Pacific Health on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Pacific Health Care or generate 0.0% return on investment in Pacific Health over 30 days. Pacific Health is related to or competes with Pharma-Bio Serv, Greystone Logistics, Table Trac, Western Capital, and Ieh Corp. Pacific Health Care Organization, Inc., together with its subsidiaries, provides specialty workers compensation managed ... More
Pacific Health 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 Pacific Health's otc 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 Pacific Health Care upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 17.69 | |||
| Value At Risk | (6.33) | |||
| Potential Upside | 2.86 |
Pacific Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacific Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pacific Health's standard deviation. In reality, there are many statistical measures that can use Pacific Health historical prices to predict the future Pacific Health's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (13.72) |
Pacific Health Care Backtested Returns
Pacific Health Care maintains Sharpe Ratio (i.e., Efficiency) of -0.11, which implies the firm had a -0.11 % return per unit of risk over the last 3 months. Pacific Health Care exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pacific Health's Variance of 7.01, coefficient of variation of (1,171), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The company holds a Beta of 0.0172, which implies not very significant fluctuations relative to the market. As returns on the market increase, Pacific Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacific Health is expected to be smaller as well. At this point, Pacific Health Care has a negative expected return of -0.29%. Please make sure to check Pacific Health's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Pacific Health Care performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Pacific Health Care has average predictability. Overlapping area represents the amount of predictability between Pacific Health time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th 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 Pacific Health Care price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Pacific Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | -0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pacific Health Care lagged returns against current returns
Autocorrelation, which is Pacific Health otc 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 Pacific Health's otc stock expected returns. We can calculate the autocorrelation of Pacific Health returns to help us make a trade decision. For example, suppose you find that Pacific Health has exhibited high autocorrelation historically, and you observe that the otc 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 |
Pacific Health 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 Pacific Health otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pacific Health otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pacific Health otc stock over time.
Current vs Lagged Prices |
| Timeline |
Pacific Health Lagged Returns
When evaluating Pacific Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pacific Health otc stock have on its future price. Pacific Health 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, Pacific Health autocorrelation shows the relationship between Pacific Health otc stock current value and its past values and can show if there is a momentum factor associated with investing in Pacific Health Care.
Regressed Prices |
| Timeline |
Pair Trading with Pacific Health
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Pacific Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Pacific Health will appreciate offsetting losses from the drop in the long position's value.Moving against Pacific OTC Stock
| 0.74 | MMM | 3M Company | PairCorr |
| 0.73 | CSCO | Cisco Systems | PairCorr |
| 0.69 | BA | Boeing | PairCorr |
| 0.67 | JPM | JPMorgan Chase | PairCorr |
| 0.67 | GE | GE Aerospace | PairCorr |
The ability to find closely correlated positions to Pacific Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Pacific Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Pacific Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Pacific Health Care to buy it.
The correlation of Pacific Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Pacific Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Pacific Health Care moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Pacific Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Pacific OTC Stock
Pacific Health financial ratios help investors to determine whether Pacific OTC 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 Pacific with respect to the benefits of owning Pacific Health security.