Meta Platforms (Brazil) Market Value
| M1TA34 Stock | 121.00 1.60 1.34% |
| Symbol | Meta |
Meta Platforms '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 Meta Platforms' 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 Meta Platforms.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Meta Platforms on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Meta Platforms or generate 0.0% return on investment in Meta Platforms over 30 days. Meta Platforms is related to or competes with Alphabet, Alphabet, Airbnb, Spotify Technology, Autohome, and Twilio. More
Meta Platforms 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 Meta Platforms' 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 Meta Platforms upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | 0.0836 | |||
| Maximum Drawdown | 10.28 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 2.49 |
Meta Platforms Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meta Platforms' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meta Platforms' standard deviation. In reality, there are many statistical measures that can use Meta Platforms historical prices to predict the future Meta Platforms' volatility.| Risk Adjusted Performance | 0.1237 | |||
| Jensen Alpha | 0.3088 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0764 | |||
| Treynor Ratio | (0.68) |
Meta Platforms Backtested Returns
Meta Platforms appears to be very steady, given 3 months investment horizon. Meta Platforms has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Meta Platforms, which you can use to evaluate the volatility of the firm. Please exercise Meta Platforms' Mean Deviation of 1.34, risk adjusted performance of 0.1237, and Downside Deviation of 1.95 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Meta Platforms holds a performance score of 10. The company secures a Beta (Market Risk) of -0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Meta Platforms are expected to decrease at a much lower rate. During the bear market, Meta Platforms is likely to outperform the market. Please check Meta Platforms' maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Meta Platforms' current price movements will revert.
Auto-correlation | 0.67 |
Good predictability
Meta Platforms has good predictability. Overlapping area represents the amount of predictability between Meta Platforms time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Meta Platforms price movement. The serial correlation of 0.67 indicates that around 67.0% of current Meta Platforms price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 6.57 |
Meta Platforms lagged returns against current returns
Autocorrelation, which is Meta Platforms 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 Meta Platforms' stock expected returns. We can calculate the autocorrelation of Meta Platforms returns to help us make a trade decision. For example, suppose you find that Meta Platforms 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 |
Meta Platforms 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 Meta Platforms stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meta Platforms stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meta Platforms stock over time.
Current vs Lagged Prices |
| Timeline |
Meta Platforms Lagged Returns
When evaluating Meta Platforms' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meta Platforms stock have on its future price. Meta Platforms 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, Meta Platforms autocorrelation shows the relationship between Meta Platforms stock current value and its past values and can show if there is a momentum factor associated with investing in Meta Platforms.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Information and Resources on Investing in Meta Stock
When determining whether Meta Platforms offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Meta Platforms' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Meta Platforms Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Meta Platforms Stock:Check out Meta Platforms Correlation, Meta Platforms Volatility and Meta Platforms Alpha and Beta module to complement your research on Meta Platforms. For information on how to trade Meta Stock refer to our How to Trade Meta Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Meta Platforms technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.