IMAGIN MEDICAL (Germany) Market Value
| DPD3 Stock | EUR 0.0005 0.00 0.00% |
| Symbol | IMAGIN |
IMAGIN MEDICAL '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 IMAGIN MEDICAL'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 IMAGIN MEDICAL.
| 07/10/2022 |
| 06/29/2024 |
If you would invest 0.00 in IMAGIN MEDICAL on July 10, 2022 and sell it all today you would earn a total of 0.00 from holding IMAGIN MEDICAL INC or generate 0.0% return on investment in IMAGIN MEDICAL over 720 days. IMAGIN MEDICAL is related to or competes with SIVERS SEMICONDUCTORS, NorAm Drilling, Norsk Hydro, Reliance Steel, RYOHIN UNSPADR1, and Meli Hotels. Imagin Medical Inc. focuses on the research, development, and commercialization of medical devices in the bio-chemistry ... More
IMAGIN MEDICAL 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 IMAGIN MEDICAL'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 IMAGIN MEDICAL INC upside and downside potential and time the market with a certain degree of confidence.
IMAGIN MEDICAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for IMAGIN MEDICAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IMAGIN MEDICAL's standard deviation. In reality, there are many statistical measures that can use IMAGIN MEDICAL historical prices to predict the future IMAGIN MEDICAL's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IMAGIN MEDICAL's 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.
IMAGIN MEDICAL INC Backtested Returns
We have found three technical indicators for IMAGIN MEDICAL, which you can use to evaluate the volatility of the firm. The company owns a Beta (Systematic Risk) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and IMAGIN MEDICAL are completely uncorrelated.
Auto-correlation | 0.43 |
Average predictability
IMAGIN MEDICAL INC has average predictability. Overlapping area represents the amount of predictability between IMAGIN MEDICAL time series from 10th of July 2022 to 5th of July 2023 and 5th of July 2023 to 29th 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 IMAGIN MEDICAL INC price movement. The serial correlation of 0.43 indicates that just about 43.0% of current IMAGIN MEDICAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
IMAGIN MEDICAL INC lagged returns against current returns
Autocorrelation, which is IMAGIN MEDICAL 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 IMAGIN MEDICAL's stock expected returns. We can calculate the autocorrelation of IMAGIN MEDICAL returns to help us make a trade decision. For example, suppose you find that IMAGIN MEDICAL 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 |
IMAGIN MEDICAL 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 IMAGIN MEDICAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IMAGIN MEDICAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IMAGIN MEDICAL stock over time.
Current vs Lagged Prices |
| Timeline |
IMAGIN MEDICAL Lagged Returns
When evaluating IMAGIN MEDICAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IMAGIN MEDICAL stock have on its future price. IMAGIN MEDICAL 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, IMAGIN MEDICAL autocorrelation shows the relationship between IMAGIN MEDICAL stock current value and its past values and can show if there is a momentum factor associated with investing in IMAGIN MEDICAL INC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in IMAGIN Stock
IMAGIN MEDICAL financial ratios help investors to determine whether IMAGIN 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 IMAGIN with respect to the benefits of owning IMAGIN MEDICAL security.