Peijia Medical (Germany) Market Value
| 4WO Stock | EUR 0.76 0.02 2.70% |
| Symbol | Peijia |
Peijia 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 Peijia 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 Peijia Medical.
| 07/18/2023 |
| 07/07/2025 |
If you would invest 0.00 in Peijia Medical on July 18, 2023 and sell it all today you would earn a total of 0.00 from holding Peijia Medical Limited or generate 0.0% return on investment in Peijia Medical over 720 days. Peijia Medical is related to or competes with UNITED UTILITIES, Hua Hong, Tower Semiconductor, Algonquin Power, INTERCONT HOTELS, NORTHEAST UTILITIES, and Chesapeake Utilities. Peijia Medical Limited engages in the research, development, production, and sales of interventional procedural medical ... More
Peijia 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 Peijia 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 Peijia Medical Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.76 | |||
| Information Ratio | 0.0645 | |||
| Maximum Drawdown | 19.73 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 7.84 |
Peijia Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Peijia Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Peijia Medical's standard deviation. In reality, there are many statistical measures that can use Peijia Medical historical prices to predict the future Peijia Medical's volatility.| Risk Adjusted Performance | 0.1496 | |||
| Jensen Alpha | 0.332 | |||
| Total Risk Alpha | 0.1119 | |||
| Sortino Ratio | 0.0653 | |||
| Treynor Ratio | 0.5218 |
Peijia Medical Backtested Returns
Peijia Medical appears to be abnormally volatile, given 3 months investment horizon. Peijia Medical maintains Sharpe Ratio (i.e., Efficiency) of 0.16, which implies the firm had a 0.16 % return per unit of risk over the last 3 months. By analyzing Peijia Medical's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please evaluate Peijia Medical's Coefficient Of Variation of 1140.3, risk adjusted performance of 0.1496, and Semi Deviation of 4.01 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Peijia Medical holds a performance score of 12. The company holds a Beta of 0.79, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Peijia Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Peijia Medical is expected to be smaller as well. Please check Peijia Medical's jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether Peijia Medical's historical price patterns will revert.
Auto-correlation | 0.18 |
Very weak predictability
Peijia Medical Limited has very weak predictability. Overlapping area represents the amount of predictability between Peijia Medical time series from 18th of July 2023 to 12th of July 2024 and 12th of July 2024 to 7th of July 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 Peijia Medical price movement. The serial correlation of 0.18 indicates that over 18.0% of current Peijia Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Peijia Medical lagged returns against current returns
Autocorrelation, which is Peijia 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 Peijia Medical's stock expected returns. We can calculate the autocorrelation of Peijia Medical returns to help us make a trade decision. For example, suppose you find that Peijia 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 |
Peijia 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 Peijia Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Peijia Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Peijia Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Peijia Medical Lagged Returns
When evaluating Peijia Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Peijia Medical stock have on its future price. Peijia 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, Peijia Medical autocorrelation shows the relationship between Peijia Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Peijia Medical Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Peijia Stock
Peijia Medical financial ratios help investors to determine whether Peijia 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 Peijia with respect to the benefits of owning Peijia Medical security.