Advanced Biomedical Technologies Stock Market Value
| ABMT Stock | USD 0.0001 0.00 0.00% |
| Symbol | Advanced |
Advanced Biomedical '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 Advanced Biomedical's pink sheet 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 Advanced Biomedical.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Advanced Biomedical on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Advanced Biomedical Technologies or generate 0.0% return on investment in Advanced Biomedical over 90 days. Advanced Biomedical is related to or competes with Edwards Lifesciences, Medtronic PLC, Abbott Laboratories, Boston Scientific, and Zimmer Biomet. Advanced Biomedical Technologies, Inc., a development stage company, designs, develops, manufactures, and markets biomat... More
Advanced Biomedical 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 Advanced Biomedical's pink sheet 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 Advanced Biomedical Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 133.33 |
Advanced Biomedical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Advanced Biomedical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Advanced Biomedical's standard deviation. In reality, there are many statistical measures that can use Advanced Biomedical historical prices to predict the future Advanced Biomedical's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (2.76) | |||
| Treynor Ratio | 0.5078 |
Advanced Biomedical Backtested Returns
Advanced Biomedical secures Sharpe Ratio (or Efficiency) of -0.0429, which signifies that the company had a -0.0429 % return per unit of risk over the last 3 months. Advanced Biomedical Technologies exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Advanced Biomedical's Mean Deviation of 2.51, risk adjusted performance of (0.03), and Standard Deviation of 12.04 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.01, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Advanced Biomedical are expected to decrease slowly. On the other hand, during market turmoil, Advanced Biomedical is expected to outperform it slightly. At this point, Advanced Biomedical has a negative expected return of -0.53%. Please make sure to confirm Advanced Biomedical's treynor ratio and day median price , to decide if Advanced Biomedical performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Advanced Biomedical Technologies has no correlation between past and present. Overlapping area represents the amount of predictability between Advanced Biomedical time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 Advanced Biomedical price movement. The serial correlation of 0.0 indicates that just 0.0% of current Advanced Biomedical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Advanced Biomedical lagged returns against current returns
Autocorrelation, which is Advanced Biomedical pink sheet'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 Advanced Biomedical's pink sheet expected returns. We can calculate the autocorrelation of Advanced Biomedical returns to help us make a trade decision. For example, suppose you find that Advanced Biomedical has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Advanced Biomedical 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 Advanced Biomedical pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Advanced Biomedical pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Advanced Biomedical pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Advanced Biomedical Lagged Returns
When evaluating Advanced Biomedical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Advanced Biomedical pink sheet have on its future price. Advanced Biomedical 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, Advanced Biomedical autocorrelation shows the relationship between Advanced Biomedical pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Advanced Biomedical Technologies.
Regressed Prices |
| Timeline |
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Additional Tools for Advanced Pink Sheet Analysis
When running Advanced Biomedical's price analysis, check to measure Advanced Biomedical'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 Advanced Biomedical is operating at the current time. Most of Advanced Biomedical's value examination focuses on studying past and present price action to predict the probability of Advanced Biomedical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advanced Biomedical's price. Additionally, you may evaluate how the addition of Advanced Biomedical to your portfolios can decrease your overall portfolio volatility.