Mliuz SA (Brazil) Market Value
| CASH3 Stock | BRL 3.20 0.02 0.63% |
| Symbol | Mliuz |
Mliuz SA '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 Mliuz SA'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 Mliuz SA.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Mliuz SA on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Mliuz SA or generate 0.0% return on investment in Mliuz SA over 30 days. Mliuz SA is related to or competes with Alphabet, Alphabet, and Meta Platforms. Its portal that offers free of charge, discount coupons from the online stores and returns part of the amount spent dire... More
Mliuz SA 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 Mliuz SA'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 Mliuz SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 85.83 | |||
| Value At Risk | (4.19) | |||
| Potential Upside | 4.01 |
Mliuz SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mliuz SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mliuz SA's standard deviation. In reality, there are many statistical measures that can use Mliuz SA historical prices to predict the future Mliuz SA's volatility.| Risk Adjusted Performance | 0.0029 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (1.33) | |||
| Treynor Ratio | (0.1) |
Mliuz SA Backtested Returns
Mliuz SA has Sharpe Ratio of -0.0164, which conveys that the firm had a -0.0164% return per unit of risk over the last 3 months. Mliuz SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mliuz SA's Risk Adjusted Performance of 0.0029, standard deviation of 7.98, and Mean Deviation of 3.12 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.75, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mliuz SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mliuz SA is expected to be smaller as well. At this point, Mliuz SA has a negative expected return of -0.13%. Please make sure to verify Mliuz SA's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Mliuz SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.83 |
Excellent reverse predictability
Mliuz SA has excellent reverse predictability. Overlapping area represents the amount of predictability between Mliuz SA 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 Mliuz SA price movement. The serial correlation of -0.83 indicates that around 83.0% of current Mliuz SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Mliuz SA lagged returns against current returns
Autocorrelation, which is Mliuz SA 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 Mliuz SA's stock expected returns. We can calculate the autocorrelation of Mliuz SA returns to help us make a trade decision. For example, suppose you find that Mliuz SA 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 |
Mliuz SA 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 Mliuz SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mliuz SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mliuz SA stock over time.
Current vs Lagged Prices |
| Timeline |
Mliuz SA Lagged Returns
When evaluating Mliuz SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mliuz SA stock have on its future price. Mliuz SA 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, Mliuz SA autocorrelation shows the relationship between Mliuz SA stock current value and its past values and can show if there is a momentum factor associated with investing in Mliuz SA.
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 Mliuz Stock Analysis
When running Mliuz SA's price analysis, check to measure Mliuz SA'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 Mliuz SA is operating at the current time. Most of Mliuz SA's value examination focuses on studying past and present price action to predict the probability of Mliuz SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mliuz SA's price. Additionally, you may evaluate how the addition of Mliuz SA to your portfolios can decrease your overall portfolio volatility.