Natus Medical Backtesting

Natus Medical Incorporated -- USA Stock  

USD 30.70  0.30  0.97%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Natus Medical Incorporated and determine expected loss or profit from investing in Natus Medical over given investment horizon. Check also Natus Medical Hype Analysis, Natus Medical Correlation, Natus Medical Valuation, Natus Medical Volatility as well as analyze Natus Medical Alpha and Beta and Natus Medical Performance
 Time Horizon     30 Days    Login   to change
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Natus Medical 'What if' Analysis

January 25, 2018
0.00
No Change 0.00  0.0%
In 31 days
February 24, 2018
0.00
If you would invest  0.00  in Natus Medical on January 25, 2018 and sell it all today you would earn a total of 0.00 from holding Natus Medical Incorporated or generate 0.0% return on investment in Natus Medical over 30 days. Natus Medical is related to or competes with Edwards Lifesciences, Digirad, and DarioHealth Corp. Natus Medical Incorporated provides newborn care and neurology healthcare products and services worldwide

Natus Medical Upside/Downside Indicators

  

Natus Medical Market Premium Indicators

Natus Medical Incorp lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Natus Medical regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Natus Medical Incorp Backtested Returns

We consider Natus Medical not too volatile. Natus Medical Incorp has Sharpe Ratio of 0.0576 which conveys that Natus Medical Incorp had 0.0576% of return per unit of risk over the last 1 month. Our philosophy towards estimating volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Natus Medical which you can use to evaluate future volatility of the firm. Please verify Natus Medical Incorporated Downside Deviation of 2.07, Mean Deviation of 1.53 and Risk Adjusted Performance of 0.0194 to check out if risk estimate we provide are consistent with the epected return of 0.1222%. Natus Medical has performance score of 3 on a scale of 0 to 100. The company secures Beta (Market Risk) of 0.7675 which conveys that as returns on market increase, Natus Medical returns are expected to increase less than the market. However during bear market, the loss on holding Natus Medical will be expected to be smaller as well.. Although it is extremely important to respect Natus Medical Incorp price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Natus Medical Incorp technical indicators you can presently evaluate if the expected return of 0.1222% will be sustainable into the future. Natus Medical Incorp right now secures a risk of 2.121%. Please verify Natus Medical Incorporated Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Natus Medical Incorporated will be following its current price movements.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.16) 

Insignificant reverse predictability

Natus Medical Incorporated has insignificant reverse predictability. Overlapping area represents the amount of predictability between Natus Medical time series from January 25, 2018 to February 9, 2018 and February 9, 2018 to February 24, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Natus Medical Incorp price movement. The serial correlation of -0.16 indicates that over 16.0% of current Natus Medical price fluctuation can be explain by its past prices. Given that Natus Medical Incorporated has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Natus Medical for similar time interval.
Correlation Coefficient -0.16
Spearman Rank Test -0.73
Price Variance 0.17
Lagged Price Variance 0.49

Natus Medical Lagged Returns

 Regressed Prices 
      Timeline 

Natus Medical Performance vs DOW

The median price of Natus Medical for the period between Thu, Jan 25, 2018 and Sat, Feb 24, 2018 is 30.7 with a coefficient of variation of 2.16. The daily time series for the period is distributed with a sample standard deviation of 0.66, arithmetic mean of 30.66, and mean deviation of 0.5. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Natus Medical Announces Earnings Results02/22/2018