MODIVCARE INC (Germany) Market Value
| PRF0 Stock | EUR 2.52 0.12 5.00% |
| Symbol | MODIVCARE |
MODIVCARE INC '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 MODIVCARE INC'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 MODIVCARE INC.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in MODIVCARE INC on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding MODIVCARE INC DL 001 or generate 0.0% return on investment in MODIVCARE INC over 90 days. MODIVCARE INC is related to or competes with JD HEALTH, Fresenius, Option Care, HYGEIA HC, UNIPHAR PLC. ModivCare Inc., a technology-enabled healthcare services company, provides a suite of integrated supportive care solutio... More
MODIVCARE INC 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 MODIVCARE INC'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 MODIVCARE INC DL 001 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.52 | |||
| Information Ratio | 0.1579 | |||
| Maximum Drawdown | 111.16 | |||
| Value At Risk | (14.29) | |||
| Potential Upside | 42.67 |
MODIVCARE INC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MODIVCARE INC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MODIVCARE INC's standard deviation. In reality, there are many statistical measures that can use MODIVCARE INC historical prices to predict the future MODIVCARE INC's volatility.| Risk Adjusted Performance | 0.1643 | |||
| Jensen Alpha | 2.56 | |||
| Total Risk Alpha | 0.4456 | |||
| Sortino Ratio | 0.327 | |||
| Treynor Ratio | 1.07 |
MODIVCARE INC DL Backtested Returns
MODIVCARE INC is abnormally volatile given 3 months investment horizon. MODIVCARE INC DL has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19 % return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 3.37% are justified by taking the suggested risk. Use MODIVCARE INC DL mean deviation of 10.13, and Risk Adjusted Performance of 0.1643 to evaluate company specific risk that cannot be diversified away. MODIVCARE INC holds a performance score of 14 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 2.73, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MODIVCARE INC will likely underperform. Use MODIVCARE INC DL information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to analyze future returns on MODIVCARE INC DL.
Auto-correlation | -0.42 |
Modest reverse predictability
MODIVCARE INC DL 001 has modest reverse predictability. Overlapping area represents the amount of predictability between MODIVCARE INC time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 MODIVCARE INC DL price movement. The serial correlation of -0.42 indicates that just about 42.0% of current MODIVCARE INC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
MODIVCARE INC DL lagged returns against current returns
Autocorrelation, which is MODIVCARE INC 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 MODIVCARE INC's stock expected returns. We can calculate the autocorrelation of MODIVCARE INC returns to help us make a trade decision. For example, suppose you find that MODIVCARE INC 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 |
MODIVCARE INC 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 MODIVCARE INC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MODIVCARE INC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MODIVCARE INC stock over time.
Current vs Lagged Prices |
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MODIVCARE INC Lagged Returns
When evaluating MODIVCARE INC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MODIVCARE INC stock have on its future price. MODIVCARE INC 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, MODIVCARE INC autocorrelation shows the relationship between MODIVCARE INC stock current value and its past values and can show if there is a momentum factor associated with investing in MODIVCARE INC DL 001.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MODIVCARE Stock
MODIVCARE INC financial ratios help investors to determine whether MODIVCARE 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 MODIVCARE with respect to the benefits of owning MODIVCARE INC security.