MBI Administradora (Chile) Market Value
| CFIMBDPC-E | CLP 26,350 0.00 0.00% |
| Symbol | MBI |
Please note, there is a significant difference between MBI Administradora's value and its price as these two are different measures arrived at by different means. Investors typically determine if MBI Administradora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MBI Administradora'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.
MBI Administradora '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 MBI Administradora's fund 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 MBI Administradora.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in MBI Administradora on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding MBI Administradora General or generate 0.0% return on investment in MBI Administradora over 510 days. More
MBI Administradora 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 MBI Administradora's fund 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 MBI Administradora General upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0059 | |||
| Maximum Drawdown | 9.1 | |||
| Value At Risk | (0.70) |
MBI Administradora Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MBI Administradora's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MBI Administradora's standard deviation. In reality, there are many statistical measures that can use MBI Administradora historical prices to predict the future MBI Administradora's volatility.| Risk Adjusted Performance | 0.0775 | |||
| Jensen Alpha | 0.1325 | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (2.84) |
MBI Administradora Backtested Returns
Currently, MBI Administradora General is very steady. MBI Administradora has Sharpe Ratio of 0.1, which conveys that the fund had a 0.1% return per unit of volatility over the last 3 months. We have found seventeen technical indicators for MBI Administradora, which you can use to evaluate the volatility of the entity. Please verify MBI Administradora's Mean Deviation of 0.5266, market risk adjusted performance of (2.83), and Standard Deviation of 1.44 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. The entity secures a Beta (Market Risk) of -0.0447, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MBI Administradora are expected to decrease at a much lower rate. During the bear market, MBI Administradora is likely to outperform the market.
Auto-correlation | 0.56 |
Modest predictability
MBI Administradora General has modest predictability. Overlapping area represents the amount of predictability between MBI Administradora time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 MBI Administradora price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current MBI Administradora price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 1.2 M |
MBI Administradora lagged returns against current returns
Autocorrelation, which is MBI Administradora fund'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 MBI Administradora's fund expected returns. We can calculate the autocorrelation of MBI Administradora returns to help us make a trade decision. For example, suppose you find that MBI Administradora has exhibited high autocorrelation historically, and you observe that the fund 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 |
MBI Administradora 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 MBI Administradora fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MBI Administradora fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MBI Administradora fund over time.
Current vs Lagged Prices |
| Timeline |
MBI Administradora Lagged Returns
When evaluating MBI Administradora's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MBI Administradora fund have on its future price. MBI Administradora 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, MBI Administradora autocorrelation shows the relationship between MBI Administradora fund current value and its past values and can show if there is a momentum factor associated with investing in MBI Administradora General.
Regressed Prices |
| Timeline |
Pair Trading with MBI Administradora
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MBI Administradora position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MBI Administradora will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to MBI Administradora could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MBI Administradora when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MBI Administradora - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MBI Administradora General to buy it.
The correlation of MBI Administradora is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MBI Administradora moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MBI Administradora moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MBI Administradora can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in MBI Fund
MBI Administradora financial ratios help investors to determine whether MBI Fund 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 MBI with respect to the benefits of owning MBI Administradora security.
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