MOBILE FACTORY's market value is the price at which a share of MOBILE FACTORY trades on a public exchange. It measures the collective expectations of MOBILE FACTORY INC investors about its performance. MOBILE FACTORY is trading at 5.75 as of the 8th of January 2025. This is a 0.88 percent increase since the beginning of the trading day. The stock's lowest day price was 5.75. With this module, you can estimate the performance of a buy and hold strategy of MOBILE FACTORY INC and determine expected loss or profit from investing in MOBILE FACTORY over a given investment horizon. Check out MOBILE FACTORY Correlation, MOBILE FACTORY Volatility and MOBILE FACTORY Alpha and Beta module to complement your research on MOBILE FACTORY.
Please note, there is a significant difference between MOBILE FACTORY's value and its price as these two are different measures arrived at by different means. Investors typically determine if MOBILE FACTORY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MOBILE FACTORY's 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.
MOBILE FACTORY '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 MOBILE FACTORY'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 MOBILE FACTORY.
0.00
12/09/2024
No Change 0.00
0.0
In 30 days
01/08/2025
0.00
If you would invest 0.00 in MOBILE FACTORY on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding MOBILE FACTORY INC or generate 0.0% return on investment in MOBILE FACTORY over 30 days. MOBILE FACTORY is related to or competes with Transport International, AIR PRODCHEMICALS, BOS BETTER, Carsales, ZhongAn Online, PARKEN Sport, and PACIFIC ONLINE. Mobile Factory, Inc. engages in the mobile service development business in Japan More
MOBILE FACTORY 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 MOBILE FACTORY'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 MOBILE FACTORY INC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for MOBILE FACTORY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MOBILE FACTORY's standard deviation. In reality, there are many statistical measures that can use MOBILE FACTORY historical prices to predict the future MOBILE FACTORY's volatility.
MOBILE FACTORY appears to be slightly risky, given 3 months investment horizon. MOBILE FACTORY INC retains Efficiency (Sharpe Ratio) of 0.1, which conveys that the firm had a 0.1% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for MOBILE FACTORY, which you can use to evaluate the volatility of the firm. Please exercise MOBILE FACTORY's Downside Deviation of 2.54, mean deviation of 1.55, and Market Risk Adjusted Performance of (0.43) to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MOBILE FACTORY holds a performance score of 8. The company owns a Beta (Systematic Risk) of -0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning MOBILE FACTORY are expected to decrease at a much lower rate. During the bear market, MOBILE FACTORY is likely to outperform the market. Please check MOBILE FACTORY's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether MOBILE FACTORY's current price history will revert.
Auto-correlation
-0.86
Excellent reverse predictability
MOBILE FACTORY INC has excellent reverse predictability. Overlapping area represents the amount of predictability between MOBILE FACTORY time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MOBILE FACTORY INC price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current MOBILE FACTORY price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.86
Spearman Rank Test
-0.6
Residual Average
0.0
Price Variance
0.0
MOBILE FACTORY INC lagged returns against current returns
Autocorrelation, which is MOBILE FACTORY 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 MOBILE FACTORY's stock expected returns. We can calculate the autocorrelation of MOBILE FACTORY returns to help us make a trade decision. For example, suppose you find that MOBILE FACTORY 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
MOBILE FACTORY 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 MOBILE FACTORY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MOBILE FACTORY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MOBILE FACTORY stock over time.
Current vs Lagged Prices
Timeline
MOBILE FACTORY Lagged Returns
When evaluating MOBILE FACTORY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MOBILE FACTORY stock have on its future price. MOBILE FACTORY 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, MOBILE FACTORY autocorrelation shows the relationship between MOBILE FACTORY stock current value and its past values and can show if there is a momentum factor associated with investing in MOBILE FACTORY INC.
MOBILE FACTORY financial ratios help investors to determine whether MOBILE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in MOBILE with respect to the benefits of owning MOBILE FACTORY security.