Medpace Holdings Stock Market Value
| MEDP Stock | USD 400.21 4.28 1.08% |
| Symbol | Medpace |
Medpace Holdings Price To Book Ratio
Is Medpace Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Medpace Holdings. If investors know Medpace will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Medpace Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.41 | Earnings Share 9.82 | Revenue Per Share 63.975 | Quarterly Revenue Growth 0.177 | Return On Assets 0.1389 |
The market value of Medpace Holdings is measured differently than its book value, which is the value of Medpace that is recorded on the company's balance sheet. Investors also form their own opinion of Medpace Holdings' value that differs from its market value or its book value, called intrinsic value, which is Medpace Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Medpace Holdings' market value can be influenced by many factors that don't directly affect Medpace Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Medpace Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Medpace Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medpace Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Medpace Holdings 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Medpace Holdings' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Medpace Holdings.
| 05/11/2022 |
| 04/30/2024 |
If you would invest 0.00 in Medpace Holdings on May 11, 2022 and sell it all today you would earn a total of 0.00 from holding Medpace Holdings or generate 0.0% return on investment in Medpace Holdings over 720 days. Medpace Holdings is related to or competes with Tandem Diabetes, Inspire Medical, Shockwave Medical, Penumbra, CONMED, Glaukos Corp, and Inari MedicalInc. Medpace Holdings, Inc. provides clinical research-based drug and medical device development services in North America, E... More
Medpace Holdings Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Medpace Holdings' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Medpace Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | 0.1526 | |||
| Maximum Drawdown | 14.66 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 3.57 |
Medpace Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medpace Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Medpace Holdings' standard deviation. In reality, there are many statistical measures that can use Medpace Holdings historical prices to predict the future Medpace Holdings' volatility.| Risk Adjusted Performance | 0.1251 | |||
| Jensen Alpha | 0.3586 | |||
| Total Risk Alpha | 0.1428 | |||
| Sortino Ratio | 0.2553 | |||
| Treynor Ratio | 0.3648 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Medpace Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Medpace Holdings Backtested Returns
Medpace Holdings appears to be very steady, given 3 months investment horizon. Medpace Holdings has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. By analyzing Medpace Holdings' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise Medpace Holdings' Risk Adjusted Performance of 0.1251, downside deviation of 1.48, and Mean Deviation of 1.65 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Medpace Holdings holds a performance score of 16. The company secures a Beta (Market Risk) of 1.26, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Medpace Holdings will likely underperform. Please check Medpace Holdings' value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Medpace Holdings' current price movements will revert.
Auto-correlation | 0.47 |
Average predictability
Medpace Holdings has average predictability. Overlapping area represents the amount of predictability between Medpace Holdings time series from 11th of May 2022 to 6th of May 2023 and 6th of May 2023 to 30th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Medpace Holdings price movement. The serial correlation of 0.47 indicates that about 47.0% of current Medpace Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 3970.41 |
Medpace Holdings lagged returns against current returns
Autocorrelation, which is Medpace Holdings stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Medpace Holdings' stock expected returns. We can calculate the autocorrelation of Medpace Holdings returns to help us make a trade decision. For example, suppose you find that Medpace Holdings has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Medpace Holdings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Medpace Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Medpace Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Medpace Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Medpace Holdings Lagged Returns
When evaluating Medpace Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Medpace Holdings stock have on its future price. Medpace Holdings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Medpace Holdings autocorrelation shows the relationship between Medpace Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Medpace Holdings.
Regressed Prices |
| Timeline |
Medpace Holdings Investors Sentiment
The influence of Medpace Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Medpace. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Medpace Holdings' public news can be used to forecast risks associated with an investment in Medpace. The trend in average sentiment can be used to explain how an investor holding Medpace can time the market purely based on public headlines and social activities around Medpace Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Medpace Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Medpace Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Medpace Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Medpace Holdings.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Medpace Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Medpace Holdings' short interest history, or implied volatility extrapolated from Medpace Holdings options trading.
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Try AI Portfolio ArchitectCheck out Medpace Holdings Correlation, Medpace Holdings Volatility and Medpace Holdings Alpha and Beta module to complement your research on Medpace Holdings. To learn how to invest in Medpace Stock, please use our How to Invest in Medpace Holdings guide.Note that the Medpace Holdings information on this page should be used as a complementary analysis to other Medpace Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.
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When running Medpace Holdings' price analysis, check to measure Medpace Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Medpace Holdings is operating at the current time. Most of Medpace Holdings' value examination focuses on studying past and present price action to predict the probability of Medpace Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medpace Holdings' price. Additionally, you may evaluate how the addition of Medpace Holdings to your portfolios can decrease your overall portfolio volatility.
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Medpace Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.