NATIONAL HEALTHCARE (Germany) Market Value
| HTW Stock | EUR 91.50 0.50 0.54% |
| Symbol | NATIONAL |
NATIONAL HEALTHCARE '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 NATIONAL HEALTHCARE'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 NATIONAL HEALTHCARE.
| 05/06/2025 |
| 07/05/2025 |
If you would invest 0.00 in NATIONAL HEALTHCARE on May 6, 2025 and sell it all today you would earn a total of 0.00 from holding NATIONAL HEALTHCARE or generate 0.0% return on investment in NATIONAL HEALTHCARE over 60 days. NATIONAL HEALTHCARE is related to or competes with CARSALES, BOVIS HOMES, Neinor Homes, United Breweries, ADDUS HOMECARE, LEONS FURNITURE, and Thai Beverage. More
NATIONAL HEALTHCARE 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 NATIONAL HEALTHCARE'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 NATIONAL HEALTHCARE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.83 | |||
| Information Ratio | 0.0094 | |||
| Maximum Drawdown | 10.81 | |||
| Value At Risk | (2.60) | |||
| Potential Upside | 3.86 |
NATIONAL HEALTHCARE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NATIONAL HEALTHCARE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NATIONAL HEALTHCARE's standard deviation. In reality, there are many statistical measures that can use NATIONAL HEALTHCARE historical prices to predict the future NATIONAL HEALTHCARE's volatility.| Risk Adjusted Performance | 0.1115 | |||
| Jensen Alpha | 0.0797 | |||
| Total Risk Alpha | (0.0003) | |||
| Sortino Ratio | 0.0099 | |||
| Treynor Ratio | 0.303 |
NATIONAL HEALTHCARE Backtested Returns
At this point, NATIONAL HEALTHCARE is very steady. NATIONAL HEALTHCARE has Sharpe Ratio of 0.0847, which conveys that the company had a 0.0847 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for NATIONAL HEALTHCARE, which you can use to evaluate the volatility of the entity. Please verify NATIONAL HEALTHCARE's mean deviation of 1.4, and Downside Deviation of 1.83 to check out if the risk estimate we provide is consistent with the expected return of 0.17%. NATIONAL HEALTHCARE has a performance score of 6 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of 0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NATIONAL HEALTHCARE's returns are expected to increase less than the market. However, during the bear market, the loss of holding NATIONAL HEALTHCARE is expected to be smaller as well. NATIONAL HEALTHCARE currently secures a risk of 1.96%. Please verify NATIONAL HEALTHCARE downside variance, kurtosis, and the relationship between the value at risk and expected short fall , to decide if NATIONAL HEALTHCARE will be following its current price movements.
Auto-correlation | -0.48 |
Modest reverse predictability
NATIONAL HEALTHCARE has modest reverse predictability. Overlapping area represents the amount of predictability between NATIONAL HEALTHCARE time series from 6th of May 2025 to 5th of June 2025 and 5th of June 2025 to 5th 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 NATIONAL HEALTHCARE price movement. The serial correlation of -0.48 indicates that about 48.0% of current NATIONAL HEALTHCARE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 1.71 |
NATIONAL HEALTHCARE lagged returns against current returns
Autocorrelation, which is NATIONAL HEALTHCARE 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 NATIONAL HEALTHCARE's stock expected returns. We can calculate the autocorrelation of NATIONAL HEALTHCARE returns to help us make a trade decision. For example, suppose you find that NATIONAL HEALTHCARE 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 |
NATIONAL HEALTHCARE 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 NATIONAL HEALTHCARE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NATIONAL HEALTHCARE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NATIONAL HEALTHCARE stock over time.
Current vs Lagged Prices |
| Timeline |
NATIONAL HEALTHCARE Lagged Returns
When evaluating NATIONAL HEALTHCARE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NATIONAL HEALTHCARE stock have on its future price. NATIONAL HEALTHCARE 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, NATIONAL HEALTHCARE autocorrelation shows the relationship between NATIONAL HEALTHCARE stock current value and its past values and can show if there is a momentum factor associated with investing in NATIONAL HEALTHCARE.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in NATIONAL Stock
When determining whether NATIONAL HEALTHCARE offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NATIONAL HEALTHCARE's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Healthcare Stock:Check out NATIONAL HEALTHCARE Correlation, NATIONAL HEALTHCARE Volatility and NATIONAL HEALTHCARE Alpha and Beta module to complement your research on NATIONAL HEALTHCARE. For information on how to trade NATIONAL Stock refer to our How to Trade NATIONAL Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
NATIONAL HEALTHCARE technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.