Metro Investment's market value is the price at which a share of Metro Investment trades on a public exchange. It measures the collective expectations of Metro Investment Development investors about its performance. Metro Investment is trading at 3.73 as of the 1st of February 2025, a 0.8 percent decrease since the beginning of the trading day. The stock's open price was 3.76. With this module, you can estimate the performance of a buy and hold strategy of Metro Investment Development and determine expected loss or profit from investing in Metro Investment over a given investment horizon. Check out Metro Investment Correlation, Metro Investment Volatility and Metro Investment Alpha and Beta module to complement your research on Metro Investment.
Please note, there is a significant difference between Metro Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metro Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metro Investment'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.
Metro Investment '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 Metro Investment'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 Metro Investment.
0.00
01/02/2025
No Change 0.00
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In 30 days
02/01/2025
0.00
If you would invest 0.00 in Metro Investment on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Metro Investment Development or generate 0.0% return on investment in Metro Investment over 30 days. Metro Investment is related to or competes with Jiamei Food, Zhejiang Huatong, Beijing Jiaman, HaiXin Foods, Xiangpiaopiao Food, and Fujian Longzhou. Metro Investment is entity of China. It is traded as Stock on SHG exchange. More
Metro Investment 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 Metro Investment'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 Metro Investment Development 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 Metro Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metro Investment's standard deviation. In reality, there are many statistical measures that can use Metro Investment historical prices to predict the future Metro Investment's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Metro Investment. Your research has to be compared to or analyzed against Metro Investment's peers to derive any actionable benefits. When done correctly, Metro Investment's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Metro Investment Dev.
Metro Investment Dev Backtested Returns
Metro Investment Dev has Sharpe Ratio of -0.0742, which conveys that the firm had a -0.0742 % return per unit of risk over the last 3 months. Metro Investment exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metro Investment's Standard Deviation of 2.89, risk adjusted performance of (0.06), and Mean Deviation of 2.26 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.63, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Metro Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metro Investment is expected to be smaller as well. At this point, Metro Investment Dev has a negative expected return of -0.21%. Please make sure to verify Metro Investment's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Metro Investment Dev performance from the past will be repeated at some point in the near future.
Auto-correlation
0.75
Good predictability
Metro Investment Development has good predictability. Overlapping area represents the amount of predictability between Metro Investment time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 Metro Investment Dev price movement. The serial correlation of 0.75 indicates that around 75.0% of current Metro Investment price fluctuation can be explain by its past prices.
Correlation Coefficient
0.75
Spearman Rank Test
0.74
Residual Average
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Price Variance
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Metro Investment Dev lagged returns against current returns
Autocorrelation, which is Metro Investment 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 Metro Investment's stock expected returns. We can calculate the autocorrelation of Metro Investment returns to help us make a trade decision. For example, suppose you find that Metro Investment 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
Metro Investment 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 Metro Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metro Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metro Investment stock over time.
Current vs Lagged Prices
Timeline
Metro Investment Lagged Returns
When evaluating Metro Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metro Investment stock have on its future price. Metro Investment 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, Metro Investment autocorrelation shows the relationship between Metro Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Metro Investment Development.
Metro Investment financial ratios help investors to determine whether Metro 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 Metro with respect to the benefits of owning Metro Investment security.