Masco Corp (UK) Market Value
| 0JZ1 Stock | 79.78 0.78 0.97% |
| Symbol | Masco |
Masco Corp '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 Masco Corp's 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 Masco Corp.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Masco Corp on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Masco Corp or generate 0.0% return on investment in Masco Corp over 720 days. Masco Corp is related to or competes with AMG Advanced, McEwen Mining, Lundin Mining, Endeavour Mining, Charter Communications, Central Asia, and Jacquet Metal. Masco Corp is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Masco Corp 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 Masco Corp's 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 Masco Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 7.07 | |||
| Value At Risk | (1.40) | |||
| Potential Upside | 1.59 |
Masco Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Masco Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Masco Corp's standard deviation. In reality, there are many statistical measures that can use Masco Corp historical prices to predict the future Masco Corp's volatility.| Risk Adjusted Performance | 0.0238 | |||
| Jensen Alpha | 0.0044 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.1434 |
Masco Corp Backtested Returns
Currently, Masco Corp is very steady. Masco Corp has Sharpe Ratio of 0.0446, which conveys that the firm had a 0.0446% return per unit of risk over the last 3 months. We have found thirty technical indicators for Masco Corp, which you can use to evaluate the volatility of the firm. Please verify Masco Corp's Downside Deviation of 1.04, mean deviation of 0.8953, and Risk Adjusted Performance of 0.0238 to check out if the risk estimate we provide is consistent with the expected return of 0.0532%. Masco Corp has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Masco Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Masco Corp is expected to be smaller as well. Masco Corp right now secures a risk of 1.19%. Please verify Masco Corp coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Masco Corp will be following its current price movements.
Auto-correlation | 0.17 |
Very weak predictability
Masco Corp has very weak predictability. Overlapping area represents the amount of predictability between Masco Corp time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Masco Corp price movement. The serial correlation of 0.17 indicates that over 17.0% of current Masco Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 34.35 |
Masco Corp lagged returns against current returns
Autocorrelation, which is Masco Corp 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 Masco Corp's stock expected returns. We can calculate the autocorrelation of Masco Corp returns to help us make a trade decision. For example, suppose you find that Masco Corp 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 |
Masco Corp 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 Masco Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Masco Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Masco Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Masco Corp Lagged Returns
When evaluating Masco Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Masco Corp stock have on its future price. Masco Corp 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, Masco Corp autocorrelation shows the relationship between Masco Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Masco Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Masco Stock Analysis
When running Masco Corp's price analysis, check to measure Masco Corp's 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 Masco Corp is operating at the current time. Most of Masco Corp's value examination focuses on studying past and present price action to predict the probability of Masco Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Masco Corp's price. Additionally, you may evaluate how the addition of Masco Corp to your portfolios can decrease your overall portfolio volatility.