Mutares SE (UK) Market Value
| 0UTK Stock | 22.85 0.45 2.01% |
| Symbol | Mutares |
Mutares SE '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 Mutares SE'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 Mutares SE.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Mutares SE on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding mutares SE Co or generate 0.0% return on investment in Mutares SE over 30 days. Mutares SE is related to or competes with Retail Estates, Discover Financial, Target Healthcare, Universal Health, Cardinal Health, Ally Financial, and Royal Bank. Mutares SE is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Mutares SE 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 Mutares SE'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 mutares SE Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.94 | |||
| Information Ratio | 0.0366 | |||
| Maximum Drawdown | 59.58 | |||
| Value At Risk | (19.12) | |||
| Potential Upside | 25.6 |
Mutares SE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mutares SE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mutares SE's standard deviation. In reality, there are many statistical measures that can use Mutares SE historical prices to predict the future Mutares SE's volatility.| Risk Adjusted Performance | 0.047 | |||
| Jensen Alpha | 0.329 | |||
| Total Risk Alpha | (1.13) | |||
| Sortino Ratio | 0.0319 | |||
| Treynor Ratio | 0.3516 |
mutares SE Backtested Returns
mutares SE has Sharpe Ratio of -6.0E-4, which conveys that the firm had a -6.0E-4% return per unit of risk over the last 3 months. Mutares SE exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mutares SE's Market Risk Adjusted Performance of 0.3616, risk adjusted performance of 0.047, and Downside Deviation of 11.94 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.43, 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, Mutares SE will likely underperform. At this point, mutares SE has a negative expected return of -0.0061%. Please make sure to verify Mutares SE's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if mutares SE performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
mutares SE Co has poor reverse predictability. Overlapping area represents the amount of predictability between Mutares SE time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 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 mutares SE price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Mutares SE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
mutares SE lagged returns against current returns
Autocorrelation, which is Mutares SE 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 Mutares SE's stock expected returns. We can calculate the autocorrelation of Mutares SE returns to help us make a trade decision. For example, suppose you find that Mutares SE 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 |
Mutares SE 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 Mutares SE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mutares SE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mutares SE stock over time.
Current vs Lagged Prices |
| Timeline |
Mutares SE Lagged Returns
When evaluating Mutares SE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mutares SE stock have on its future price. Mutares SE 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, Mutares SE autocorrelation shows the relationship between Mutares SE stock current value and its past values and can show if there is a momentum factor associated with investing in mutares SE Co.
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 Mutares Stock Analysis
When running Mutares SE's price analysis, check to measure Mutares SE'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 Mutares SE is operating at the current time. Most of Mutares SE's value examination focuses on studying past and present price action to predict the probability of Mutares SE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mutares SE's price. Additionally, you may evaluate how the addition of Mutares SE to your portfolios can decrease your overall portfolio volatility.