Pharmagen Stock Market Value
Pharmagen's market value is the price at which a share of Pharmagen trades on a public exchange. It measures the collective expectations of Pharmagen investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Pharmagen and determine expected loss or profit from investing in Pharmagen over a given investment horizon. Check out Pharmagen Correlation, Pharmagen Volatility and Pharmagen Alpha and Beta module to complement your research on Pharmagen. For more information on how to buy Pharmagen Stock please use our How to Invest in Pharmagen guide.
| Symbol | Pharmagen |
Is Health Care Providers & Services 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 Pharmagen. If investors know Pharmagen 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 Pharmagen 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 Pharmagen is measured differently than its book value, which is the value of Pharmagen that is recorded on the company's balance sheet. Investors also form their own opinion of Pharmagen's value that differs from its market value or its book value, called intrinsic value, which is Pharmagen'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 Pharmagen's market value can be influenced by many factors that don't directly affect Pharmagen'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 Pharmagen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pharmagen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pharmagen'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.
Pharmagen '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 Pharmagen'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 Pharmagen.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Pharmagen on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Pharmagen or generate 0.0% return on investment in Pharmagen over 90 days. Pharmagen is related to or competes with Akso Health. Pharmagen, Inc. distributes specialty drugs to hospitals, acute care facilities, surgery centers, and other healthcare p... More
Pharmagen 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 Pharmagen'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 Pharmagen upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 100.0 |
Pharmagen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pharmagen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Pharmagen's standard deviation. In reality, there are many statistical measures that can use Pharmagen historical prices to predict the future Pharmagen's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (1.55) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (1.50) |
Pharmagen Backtested Returns
Pharmagen maintains Sharpe Ratio (i.e., Efficiency) of -0.13, which implies the firm had a -0.13 % return per unit of risk over the last 3 months. Pharmagen exposes thirteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Pharmagen's Coefficient Of Variation of (774.60), variance of 166.67, and Risk Adjusted Performance of (0.10) to confirm the risk estimate we provide. The company holds a Beta of 1.12, which implies a somewhat significant risk relative to the market. Pharmagen returns are very sensitive to returns on the market. As the market goes up or down, Pharmagen is expected to follow. At this point, Pharmagen has a negative expected return of -1.67%. Please make sure to check Pharmagen's market risk adjusted performance and treynor ratio , to decide if Pharmagen performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Pharmagen has no correlation between past and present. Overlapping area represents the amount of predictability between Pharmagen 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 Pharmagen price movement. The serial correlation of 0.0 indicates that just 0.0% of current Pharmagen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Pharmagen lagged returns against current returns
Autocorrelation, which is Pharmagen 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 Pharmagen's stock expected returns. We can calculate the autocorrelation of Pharmagen returns to help us make a trade decision. For example, suppose you find that Pharmagen 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 |
Pharmagen 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 Pharmagen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Pharmagen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Pharmagen stock over time.
Current vs Lagged Prices |
| Timeline |
Pharmagen Lagged Returns
When evaluating Pharmagen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Pharmagen stock have on its future price. Pharmagen 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, Pharmagen autocorrelation shows the relationship between Pharmagen stock current value and its past values and can show if there is a momentum factor associated with investing in Pharmagen.
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.Additional Tools for Pharmagen Stock Analysis
When running Pharmagen's price analysis, check to measure Pharmagen'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 Pharmagen is operating at the current time. Most of Pharmagen's value examination focuses on studying past and present price action to predict the probability of Pharmagen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pharmagen's price. Additionally, you may evaluate how the addition of Pharmagen to your portfolios can decrease your overall portfolio volatility.