Natus Medical Incorp Backtested Returns
Macroaxis considers Natus Medical to be not too volatile. Natus Medical Incorp
has Sharpe Ratio of -0.0747 which conveys that Natus Medical Incorp
had -0.0747% 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-eight 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 1.33 and Risk Adjusted Performance
of (0.040479) 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 1.1463 which conveys that Natus Medical returns are very sensitive to returns on the market. as market goes up or down, Natus Medical is expected to follow.. 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-eight different technical indicators which can help you to evaluate its performance. Natus Medical Incorp has expected return of -0.1453%. Please be advised to verify Natus Medical Incorporated Value At Risk as well as the relationship between Skewness and Day Median Price to decide if Natus Medical Incorp past performance will be repeated at some point in the near future.
|15 days auto-correlation|| 0.21 |
Natus Medical Incorporated has weak predictability. Overlapping area represents the amount of predictability between Natus Medical time series from November 13, 2017 to November 28, 2017 and November 28, 2017 to December 13, 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 0.21 indicates that over 21.0% of current Natus Medical price fluctuation can be explain by its past prices.
|Correlation Coefficient|| 0.21|
|Spearman Rank Test|| 0.1|
|Price Variance|| 0.8|
|Lagged Price Variance|| 0.89|
Natus Medical Lagged Returns