M2M GROUP's market value is the price at which a share of M2M GROUP trades on a public exchange. It measures the collective expectations of M2M GROUP investors about its performance. M2M GROUP is selling at 564.00 as of the 3rd of March 2025; that is 4.54% increase since the beginning of the trading day. The stock's open price was 539.5. With this module, you can estimate the performance of a buy and hold strategy of M2M GROUP and determine expected loss or profit from investing in M2M GROUP over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Symbol
M2M
M2M GROUP '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 M2M GROUP'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 M2M GROUP.
0.00
02/01/2025
No Change 0.00
0.0
In 31 days
03/03/2025
0.00
If you would invest 0.00 in M2M GROUP on February 1, 2025 and sell it all today you would earn a total of 0.00 from holding M2M GROUP or generate 0.0% return on investment in M2M GROUP over 30 days.
M2M GROUP 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 M2M GROUP'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 M2M GROUP upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for M2M GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as M2M GROUP's standard deviation. In reality, there are many statistical measures that can use M2M GROUP historical prices to predict the future M2M GROUP's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as M2M GROUP. Your research has to be compared to or analyzed against M2M GROUP's peers to derive any actionable benefits. When done correctly, M2M GROUP's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in M2M GROUP.
M2M GROUP Backtested Returns
M2M GROUP has Sharpe Ratio of -0.011, which conveys that the company had a -0.011 % return per unit of volatility over the last 3 months. M2M GROUP exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify M2M GROUP's Mean Deviation of 1.46, market risk adjusted performance of 0.1308, and Downside Deviation of 3.11 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of 1.15, which conveys a somewhat significant risk relative to the market. M2M GROUP returns are very sensitive to returns on the market. As the market goes up or down, M2M GROUP is expected to follow. At this point, M2M GROUP has a negative expected return of -0.0248%. Please make sure to verify M2M GROUP's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if M2M GROUP performance from the past will be repeated at some future date.
Auto-correlation
0.28
Poor predictability
M2M GROUP has poor predictability. Overlapping area represents the amount of predictability between M2M GROUP time series from 1st of February 2025 to 16th of February 2025 and 16th of February 2025 to 3rd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of M2M GROUP price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current M2M GROUP price fluctuation can be explain by its past prices.
Correlation Coefficient
0.28
Spearman Rank Test
-0.11
Residual Average
0.0
Price Variance
260.23
M2M GROUP lagged returns against current returns
Autocorrelation, which is M2M GROUP 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 M2M GROUP's stock expected returns. We can calculate the autocorrelation of M2M GROUP returns to help us make a trade decision. For example, suppose you find that M2M GROUP 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
M2M GROUP 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 M2M GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if M2M GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in M2M GROUP stock over time.
Current vs Lagged Prices
Timeline
M2M GROUP Lagged Returns
When evaluating M2M GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of M2M GROUP stock have on its future price. M2M GROUP 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, M2M GROUP autocorrelation shows the relationship between M2M GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in M2M GROUP.
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.