MAHLE Metal (Brazil) Market Value
| LEVE3 Stock | BRL 27.80 0.14 0.50% |
| Symbol | MAHLE |
MAHLE Metal '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 MAHLE Metal'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 MAHLE Metal.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in MAHLE Metal on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding MAHLE Metal Leve or generate 0.0% return on investment in MAHLE Metal over 30 days. MAHLE Metal is related to or competes with Baidu, Deutsche Bank, HSBC Holdings, Bank Of, Banco Do, and Alibaba Group. MAHLE Metal Leve S.A. manufactures and sells engine systems and components, filtration, and thermal management products ... More
MAHLE Metal 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 MAHLE Metal'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 MAHLE Metal Leve upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 7.84 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 2.07 |
MAHLE Metal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MAHLE Metal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MAHLE Metal's standard deviation. In reality, there are many statistical measures that can use MAHLE Metal historical prices to predict the future MAHLE Metal's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | (0.46) |
MAHLE Metal Leve Backtested Returns
MAHLE Metal Leve has Sharpe Ratio of -0.14, which conveys that the company had a -0.14% return per unit of risk over the last 3 months. MAHLE Metal exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MAHLE Metal's Mean Deviation of 0.8978, standard deviation of 1.31, and Coefficient Of Variation of (952.72) to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MAHLE Metal's returns are expected to increase less than the market. However, during the bear market, the loss of holding MAHLE Metal is expected to be smaller as well. At this point, MAHLE Metal Leve has a negative expected return of -0.18%. Please make sure to verify MAHLE Metal's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if MAHLE Metal Leve performance from the past will be repeated in the future.
Auto-correlation | -0.26 |
Weak reverse predictability
MAHLE Metal Leve has weak reverse predictability. Overlapping area represents the amount of predictability between MAHLE Metal time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 MAHLE Metal Leve price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current MAHLE Metal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.48 |
MAHLE Metal Leve lagged returns against current returns
Autocorrelation, which is MAHLE Metal 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 MAHLE Metal's stock expected returns. We can calculate the autocorrelation of MAHLE Metal returns to help us make a trade decision. For example, suppose you find that MAHLE Metal 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 |
MAHLE Metal 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 MAHLE Metal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MAHLE Metal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MAHLE Metal stock over time.
Current vs Lagged Prices |
| Timeline |
MAHLE Metal Lagged Returns
When evaluating MAHLE Metal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MAHLE Metal stock have on its future price. MAHLE Metal 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, MAHLE Metal autocorrelation shows the relationship between MAHLE Metal stock current value and its past values and can show if there is a momentum factor associated with investing in MAHLE Metal Leve.
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 MAHLE Stock Analysis
When running MAHLE Metal's price analysis, check to measure MAHLE Metal'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 MAHLE Metal is operating at the current time. Most of MAHLE Metal's value examination focuses on studying past and present price action to predict the probability of MAHLE Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAHLE Metal's price. Additionally, you may evaluate how the addition of MAHLE Metal to your portfolios can decrease your overall portfolio volatility.