Mitchells Butlers (UK) Market Value
| MAB Stock | 246.50 2.50 1.00% |
| Symbol | Mitchells |
Mitchells Butlers '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 Mitchells Butlers' 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 Mitchells Butlers.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Mitchells Butlers on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Mitchells Butlers PLC or generate 0.0% return on investment in Mitchells Butlers over 30 days. Mitchells Butlers is related to or competes with Viridian Therapeutics, CVR Energy, Nationwide Building, Dollar Tree, Pinnacle West, and Digital Realty. Mitchells Butlers is entity of United Kingdom More
Mitchells Butlers 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 Mitchells Butlers' 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 Mitchells Butlers PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 10.25 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 1.74 |
Mitchells Butlers Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitchells Butlers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitchells Butlers' standard deviation. In reality, there are many statistical measures that can use Mitchells Butlers historical prices to predict the future Mitchells Butlers' volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (3.48) |
Mitchells Butlers PLC Backtested Returns
Mitchells Butlers PLC has Sharpe Ratio of -0.16, which conveys that the firm had a -0.16% return per unit of risk over the last 3 months. Mitchells Butlers exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mitchells Butlers' Standard Deviation of 1.62, mean deviation of 1.17, and Risk Adjusted Performance of (0.12) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0801, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mitchells Butlers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Mitchells Butlers is expected to be smaller as well. At this point, Mitchells Butlers PLC has a negative expected return of -0.25%. Please make sure to verify Mitchells Butlers' daily balance of power, market facilitation index, and the relationship between the kurtosis and day median price , to decide if Mitchells Butlers PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.9 |
Excellent reverse predictability
Mitchells Butlers PLC has excellent reverse predictability. Overlapping area represents the amount of predictability between Mitchells Butlers time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Mitchells Butlers PLC price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current Mitchells Butlers price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.9 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 31.9 |
Mitchells Butlers PLC lagged returns against current returns
Autocorrelation, which is Mitchells Butlers 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 Mitchells Butlers' stock expected returns. We can calculate the autocorrelation of Mitchells Butlers returns to help us make a trade decision. For example, suppose you find that Mitchells Butlers 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 |
Mitchells Butlers 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 Mitchells Butlers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mitchells Butlers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mitchells Butlers stock over time.
Current vs Lagged Prices |
| Timeline |
Mitchells Butlers Lagged Returns
When evaluating Mitchells Butlers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mitchells Butlers stock have on its future price. Mitchells Butlers 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, Mitchells Butlers autocorrelation shows the relationship between Mitchells Butlers stock current value and its past values and can show if there is a momentum factor associated with investing in Mitchells Butlers PLC.
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.Other Information on Investing in Mitchells Stock
Mitchells Butlers financial ratios help investors to determine whether Mitchells Stock 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 Mitchells with respect to the benefits of owning Mitchells Butlers security.