Metso Outotec (UK) Market Value
| 0MGI Stock | 8.33 0.03 0.36% |
| Symbol | Metso |
Metso Outotec '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 Metso Outotec'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 Metso Outotec.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Metso Outotec on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Metso Outotec Corp or generate 0.0% return on investment in Metso Outotec over 720 days. Metso Outotec is related to or competes with Cellnex Telecom, Bankers Investment, Odyssean Investment, TR Property, Monks Investment, Verizon Communications, and Orient Telecoms. Metso Outotec is entity of United Kingdom More
Metso Outotec 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 Metso Outotec'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 Metso Outotec Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 9.51 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 2.77 |
Metso Outotec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metso Outotec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metso Outotec's standard deviation. In reality, there are many statistical measures that can use Metso Outotec historical prices to predict the future Metso Outotec's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.17) |
Metso Outotec Corp Backtested Returns
Metso Outotec Corp has Sharpe Ratio of -0.0455, which conveys that the firm had a -0.0455% return per unit of risk over the last 3 months. Metso Outotec exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metso Outotec's Standard Deviation of 1.97, risk adjusted performance of (0.04), and Mean Deviation of 1.48 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Metso Outotec's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metso Outotec is expected to be smaller as well. At this point, Metso Outotec Corp has a negative expected return of -0.0896%. Please make sure to verify Metso Outotec's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Metso Outotec Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.39 |
Below average predictability
Metso Outotec Corp has below average predictability. Overlapping area represents the amount of predictability between Metso Outotec time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Metso Outotec Corp price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Metso Outotec price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.81 |
Metso Outotec Corp lagged returns against current returns
Autocorrelation, which is Metso Outotec 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 Metso Outotec's stock expected returns. We can calculate the autocorrelation of Metso Outotec returns to help us make a trade decision. For example, suppose you find that Metso Outotec 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 |
Metso Outotec 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 Metso Outotec stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metso Outotec stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metso Outotec stock over time.
Current vs Lagged Prices |
| Timeline |
Metso Outotec Lagged Returns
When evaluating Metso Outotec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metso Outotec stock have on its future price. Metso Outotec 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, Metso Outotec autocorrelation shows the relationship between Metso Outotec stock current value and its past values and can show if there is a momentum factor associated with investing in Metso Outotec Corp.
Regressed Prices |
| Timeline |
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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 Metso Stock Analysis
When running Metso Outotec's price analysis, check to measure Metso Outotec'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 Metso Outotec is operating at the current time. Most of Metso Outotec's value examination focuses on studying past and present price action to predict the probability of Metso Outotec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metso Outotec's price. Additionally, you may evaluate how the addition of Metso Outotec to your portfolios can decrease your overall portfolio volatility.