Infusystems Holdings Stock Market Value
| INFU Stock | USD 6.90 0.01 0.15% |
| Symbol | InfuSystems |
InfuSystems Holdings Price To Book Ratio
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 InfuSystems Holdings. If investors know InfuSystems 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 InfuSystems Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share 0.01 | Revenue Per Share 6.033 | Quarterly Revenue Growth 0.054 | Return On Assets 0.0202 |
The market value of InfuSystems Holdings is measured differently than its book value, which is the value of InfuSystems that is recorded on the company's balance sheet. Investors also form their own opinion of InfuSystems Holdings' value that differs from its market value or its book value, called intrinsic value, which is InfuSystems Holdings' 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 InfuSystems Holdings' market value can be influenced by many factors that don't directly affect InfuSystems Holdings' 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 InfuSystems Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if InfuSystems Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InfuSystems Holdings' 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.
InfuSystems 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 InfuSystems 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 InfuSystems Holdings.
| 05/11/2024 |
| 06/10/2024 |
If you would invest 0.00 in InfuSystems Holdings on May 11, 2024 and sell it all today you would earn a total of 0.00 from holding InfuSystems Holdings or generate 0.0% return on investment in InfuSystems Holdings over 30 days. InfuSystems Holdings is related to or competes with JIN MEDICAL, Meihua International, GlucoTrack, Nexgel, Microbot Medical, Precision Optics, and Repro Med. InfuSystem Holdings, Inc., through its subsidiaries, provides infusion pumps, and related products and services in the U... More
InfuSystems 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 InfuSystems 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 InfuSystems Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 12.86 | |||
| Value At Risk | (5.25) | |||
| Potential Upside | 5.26 |
InfuSystems Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for InfuSystems Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as InfuSystems Holdings' standard deviation. In reality, there are many statistical measures that can use InfuSystems Holdings historical prices to predict the future InfuSystems Holdings' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.3835 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of InfuSystems Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
InfuSystems Holdings Backtested Returns
InfuSystems Holdings holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. InfuSystems Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out InfuSystems Holdings' Standard Deviation of 3.3, market risk adjusted performance of 0.3935, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -1.03, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning InfuSystems Holdings are expected to decrease slowly. On the other hand, during market turmoil, InfuSystems Holdings is expected to outperform it slightly. At this point, InfuSystems Holdings has a negative expected return of -0.4%. Please make sure to check out InfuSystems Holdings' treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if InfuSystems Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.14 |
Insignificant reverse predictability
InfuSystems Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between InfuSystems Holdings time series from 11th of May 2024 to 26th of May 2024 and 26th of May 2024 to 10th of June 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 InfuSystems Holdings price movement. The serial correlation of -0.14 indicates that less than 14.0% of current InfuSystems Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
InfuSystems Holdings lagged returns against current returns
Autocorrelation, which is InfuSystems 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 InfuSystems Holdings' stock expected returns. We can calculate the autocorrelation of InfuSystems Holdings returns to help us make a trade decision. For example, suppose you find that InfuSystems 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 |
InfuSystems 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 InfuSystems Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if InfuSystems Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in InfuSystems Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
InfuSystems Holdings Lagged Returns
When evaluating InfuSystems Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of InfuSystems Holdings stock have on its future price. InfuSystems 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, InfuSystems Holdings autocorrelation shows the relationship between InfuSystems Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in InfuSystems Holdings.
Regressed Prices |
| Timeline |
Pair Trading with InfuSystems Holdings
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 InfuSystems Holdings 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 InfuSystems Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with InfuSystems Stock
Moving against InfuSystems Stock
| 0.81 | NTRA | Natera Inc | PairCorr |
| 0.72 | ELV | Elevance Health Financial Report 17th of July 2024 | PairCorr |
| 0.68 | GH | Guardant Health Buyout Trend | PairCorr |
| 0.68 | MRK | Merck Company Financial Report 6th of August 2024 | PairCorr |
| 0.57 | MTD | Mettler Toledo Inter | PairCorr |
The ability to find closely correlated positions to InfuSystems Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace InfuSystems Holdings 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 InfuSystems Holdings - 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 InfuSystems Holdings to buy it.
The correlation of InfuSystems Holdings 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 InfuSystems Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if InfuSystems Holdings 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 InfuSystems Holdings 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.Additional Tools for InfuSystems Stock Analysis
When running InfuSystems Holdings' price analysis, check to measure InfuSystems Holdings' 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 InfuSystems Holdings is operating at the current time. Most of InfuSystems Holdings' value examination focuses on studying past and present price action to predict the probability of InfuSystems Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InfuSystems Holdings' price. Additionally, you may evaluate how the addition of InfuSystems Holdings to your portfolios can decrease your overall portfolio volatility.