Natus Medical Backtesting

BABY -- USA Stock  

USD 36.30  0.45  1.22%

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

Natus Medical 'What if' Analysis

May 25, 2018
No Change 0.00  0.0%
In 31 days
June 24, 2018
If you would invest  0.00  in Natus Medical on May 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, EndoChoice Holdings, Vascular Solutions, Digirad, DarioHealth Corp, Viveve Medical, and DEXCOM. Natus Medical Incorporated provides newborn care, neurology, and hearing and balance assessment healthcare products and ...

Natus Medical Upside/Downside Indicators

Downside Deviation2.9
Information Ratio0.0632
Maximum Drawdown8.55
Value At Risk2.46
Potential Upside2.18

Natus Medical Market Premium Indicators

Risk Adjusted Performance0.01
Sortino Ratio0.0433

Natus Medical Incorp Backtested Returns

We consider Natus Medical not too volatile. Natus Medical Incorp has Sharpe Ratio of 0.0562 which conveys that Natus Medical Incorp had 0.0562% 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 2.9, Mean Deviation of 1.17 and Risk Adjusted Performance of 0.01 to check out if risk estimate we provide are consistent with the epected return of 0.1172%. Natus Medical has performance score of 3 on a scale of 0 to 100. The company secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Natus Medical are completely uncorrelated. 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 0.1172% will be sustainable into the future. Natus Medical Incorp right now secures a risk of 2.0864%. 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(0.30) 

Weak reverse predictability

Natus Medical Incorporated has weak reverse predictability. Overlapping area represents the amount of predictability between Natus Medical time series from May 25, 2018 to June 9, 2018 and June 9, 2018 to June 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 -0.3 indicates that nearly 30.0% 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 -0.3
Spearman Rank Test -0.08
Price Variance 0.25
Lagged Price Variance 1.39

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 Lagged Returns

 Regressed Prices 

Current Sentiment - BABY

Natus Medical Incorp Investor Sentiment
Most of Macroaxis users are currently bullish on Natus Medical Incorporated. What is your trading attitude regarding investing in Natus Medical Incorporated? Are you bullish or bearish?
98% Bullish
2% Bearish

Pair Correlation

Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Natus Medical and Edwards Lifesciences. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
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. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.