Natus Medical Backtesting

Natus Medical Incorporated -- USA Stock  

USD 39.85  0.2  0.5%

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
Investment Horizon     30 Days    Login   to change

Natus Medical 'What if' Analysis

September 19, 2017
No Change 0.00  0.0%
In 31 days
October 19, 2017
If you would invest  0.00  in Natus Medical on September 19, 2017 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. It offers solutions and services used for the screening diagnosis detection treatment monitoring and tracking of common ...

Natus Medical Upside/Downside Indicators


Natus Medical Market Premium Indicators

Natus Medical Incorp lagged returns against current returns

 Current and Lagged Values 

Natus Medical regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Natus Medical Incorp Backtested Returns

Macroaxis considers Natus Medical not too risky given 1 month investment horizon. Natus Medical Incorp has Sharpe Ratio of 0.5619 which conveys that Natus Medical Incorp had 0.5619% 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. By analyzing Natus Medical Incorp technical indicators you can presently evaluate if the expected return of 0.6348% is justified by implied risk. Please exercise Natus Medical Incorporated Coefficient Of Variation of 180.43, Mean Deviation of 0.939 and Risk Adjusted Performance of 0.1348 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Natus Medical holds performance score of 38. The company secures Beta (Market Risk) of -0.1584 which conveys that as returns on market increase, returns on owning Natus Medical are expected to decrease at a much smaller rate. During bear market, Natus Medical is likely to outperform the market.. Although it is vital to follow to Natus Medical Incorp price patterns, it is good to be conservative about what you can actually do with the information regarding 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. We have found twenty-seven technical indicators for Natus Medical which you can use to evaluate performance of the firm. Please exercises Natus Medical Incorporated Potential Upside as well as the relationship between Kurtosis and Day Typical Price to make a quick decision on weather Natus Medical Incorp current price movements will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.52) 

Good reverse predictability

Natus Medical Incorporated has good reverse predictability. Overlapping area represents the amount of predictability between Natus Medical time series from September 19, 2017 to October 4, 2017 and October 4, 2017 to October 19, 2017. 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 -0.52 indicates that about 52.0% 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 -0.52
Spearman Rank Test -0.45
Price Variance 0.15
Lagged Price Variance 3.05

Natus Medical Lagged Returns

 Regressed Prices 

Natus Medical Performance vs DOW

The median price of Natus Medical for the period between Tue, Sep 19, 2017 and Thu, Oct 19, 2017 is 39.15 with a coefficient of variation of 5.72. The daily time series for the period is distributed with a sample standard deviation of 2.18, arithmetic mean of 38.13, and mean deviation of 1.89. The Stock received some media coverage during the period.
Price Growth (%)  
Pax World Management LLC Boosted Position in Natus Medical I...10/11/2017