Macroaxis considers Natus Medical to be not very risky. Natus Medical Incorp
has Sharpe Ratio of -0.06 which conveys that Natus Medical Incorp
had -0.06% of return per unit of risk over the last 1 month. Macroaxis philosophy towards estimating risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. Natus Medical exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Natus Medical Incorporated Mean Deviation
of 1.86 and Risk Adjusted Performance
of 0.008589 to check out risk estimate we provide. Macroaxis gives Natus Medical performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of 2.4106 which conveys that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Natus Medical will likely underperform.. Even though it is essential to pay attention to Natus Medical Incorp price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Natus Medical exposes twenty-one different technical indicators which can help you to evaluate its performance. Natus Medical Incorp has expected return of -0.221%. Please be advised to verify Natus Medical Incorporated Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Natus Medical Incorp past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.25 |
Natus Medical Incorporated has poor predictability. Overlapping area represents the amount of predictability between Natus Medical time series from August 27, 2018 to September 11, 2018 and September 11, 2018 to September 26, 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 0.25 indicates that over 25.0% of current Natus Medical price fluctuation can be explain by its past prices.
|Spearman Rank Test||0.45|