Musti Group (Germany) Market Value
| 49U Stock | EUR 20.20 0.05 0.25% |
| Symbol | Musti |
Musti Group '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 Musti Group'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 Musti Group.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Musti Group on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Musti Group Oyj or generate 0.0% return on investment in Musti Group over 30 days. Musti Group is related to or competes with Cass Information, Datang International, TELES Informationstech, Pembina Pipeline, INFORMATION SVC, Automatic Data, and Data#3. Musti Group Oyj operates as a pet care specialist in Finland, Sweden, and Norway More
Musti Group 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 Musti Group'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 Musti Group Oyj upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 9.52 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 2.35 |
Musti Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Musti Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Musti Group's standard deviation. In reality, there are many statistical measures that can use Musti Group historical prices to predict the future Musti Group's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (20.06) |
Musti Group Oyj Backtested Returns
Musti Group Oyj has Sharpe Ratio of -0.27, which conveys that the firm had a -0.27% return per unit of risk over the last 3 months. Musti Group exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Musti Group's Standard Deviation of 1.53, risk adjusted performance of (0.14), and Mean Deviation of 1.01 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.016, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Musti Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Musti Group is expected to be smaller as well. At this point, Musti Group Oyj has a negative expected return of -0.4%. Please make sure to verify Musti Group's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Musti Group Oyj performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Musti Group Oyj has good predictability. Overlapping area represents the amount of predictability between Musti Group time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Musti Group Oyj price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Musti Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Musti Group Oyj lagged returns against current returns
Autocorrelation, which is Musti Group 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 Musti Group's stock expected returns. We can calculate the autocorrelation of Musti Group returns to help us make a trade decision. For example, suppose you find that Musti Group 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 |
Musti Group 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 Musti Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Musti Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Musti Group stock over time.
Current vs Lagged Prices |
| Timeline |
Musti Group Lagged Returns
When evaluating Musti Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Musti Group stock have on its future price. Musti Group 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, Musti Group autocorrelation shows the relationship between Musti Group stock current value and its past values and can show if there is a momentum factor associated with investing in Musti Group Oyj.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Musti Stock
Musti Group financial ratios help investors to determine whether Musti 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 Musti with respect to the benefits of owning Musti Group security.