MPM Corpreos (Brazil) Market Value
| ESPA3 Stock | BRL 0.81 0.02 2.41% |
| Symbol | MPM |
MPM Corpreos '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 MPM Corpreos' 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 MPM Corpreos.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in MPM Corpreos on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding MPM Corpreos SA or generate 0.0% return on investment in MPM Corpreos over 30 days. MPM Corpreos is related to or competes with Mliuz SA, Lojas Quero, Neogrid Participaes, Pet Center, and Enjoei SA. MPM Corpreos S.A. operates as a laser hair removal company in Brazil More
MPM Corpreos 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 MPM Corpreos' 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 MPM Corpreos SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 7.41 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 2.08 |
MPM Corpreos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MPM Corpreos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MPM Corpreos' standard deviation. In reality, there are many statistical measures that can use MPM Corpreos historical prices to predict the future MPM Corpreos' volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (1.27) |
MPM Corpreos SA Backtested Returns
MPM Corpreos SA has Sharpe Ratio of -0.29, which conveys that the firm had a -0.29% return per unit of volatility over the last 3 months. MPM Corpreos exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MPM Corpreos' risk adjusted performance of (0.19), and Mean Deviation of 1.28 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.35, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MPM Corpreos' returns are expected to increase less than the market. However, during the bear market, the loss of holding MPM Corpreos is expected to be smaller as well. At this point, MPM Corpreos SA has a negative expected return of -0.48%. Please make sure to verify MPM Corpreos' treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if MPM Corpreos SA performance from the past will be repeated at future time.
Auto-correlation | 0.78 |
Good predictability
MPM Corpreos SA has good predictability. Overlapping area represents the amount of predictability between MPM Corpreos time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 MPM Corpreos SA price movement. The serial correlation of 0.78 indicates that around 78.0% of current MPM Corpreos price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MPM Corpreos SA lagged returns against current returns
Autocorrelation, which is MPM Corpreos 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 MPM Corpreos' stock expected returns. We can calculate the autocorrelation of MPM Corpreos returns to help us make a trade decision. For example, suppose you find that MPM Corpreos 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 |
MPM Corpreos 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 MPM Corpreos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MPM Corpreos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MPM Corpreos stock over time.
Current vs Lagged Prices |
| Timeline |
MPM Corpreos Lagged Returns
When evaluating MPM Corpreos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MPM Corpreos stock have on its future price. MPM Corpreos 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, MPM Corpreos autocorrelation shows the relationship between MPM Corpreos stock current value and its past values and can show if there is a momentum factor associated with investing in MPM Corpreos 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 MPM Stock Analysis
When running MPM Corpreos' price analysis, check to measure MPM Corpreos' 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 MPM Corpreos is operating at the current time. Most of MPM Corpreos' value examination focuses on studying past and present price action to predict the probability of MPM Corpreos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MPM Corpreos' price. Additionally, you may evaluate how the addition of MPM Corpreos to your portfolios can decrease your overall portfolio volatility.