Mineral Financial (UK) Market Value
| MAFL Stock | 10.50 0.25 2.44% |
| Symbol | Mineral |
Mineral Financial '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 Mineral Financial'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 Mineral Financial.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Mineral Financial on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Mineral Financial Investments or generate 0.0% return on investment in Mineral Financial over 180 days. Mineral Financial is related to or competes with UNIQA Insurance, Batm Advanced, Futura Medical, Universal Music, Telecom Italia, and Sabre Insurance. Mineral Financial is entity of United Kingdom More
Mineral Financial 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 Mineral Financial'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 Mineral Financial Investments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 12.34 | |||
| Value At Risk | (5.60) | |||
| Potential Upside | 3.81 |
Mineral Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mineral Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mineral Financial's standard deviation. In reality, there are many statistical measures that can use Mineral Financial historical prices to predict the future Mineral Financial's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.21) |
Mineral Financial Backtested Returns
Mineral Financial has Sharpe Ratio of -0.0446, which conveys that the firm had a -0.0446% return per unit of risk over the last 3 months. Mineral Financial exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mineral Financial's Standard Deviation of 2.46, mean deviation of 1.35, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.4, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mineral Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mineral Financial is expected to be smaller as well. At this point, Mineral Financial has a negative expected return of -0.11%. Please make sure to verify Mineral Financial's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Mineral Financial performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.46 |
Average predictability
Mineral Financial Investments has average predictability. Overlapping area represents the amount of predictability between Mineral Financial time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Mineral Financial price movement. The serial correlation of 0.46 indicates that about 46.0% of current Mineral Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
Mineral Financial lagged returns against current returns
Autocorrelation, which is Mineral Financial 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 Mineral Financial's stock expected returns. We can calculate the autocorrelation of Mineral Financial returns to help us make a trade decision. For example, suppose you find that Mineral Financial 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 |
Mineral Financial 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 Mineral Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mineral Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mineral Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Mineral Financial Lagged Returns
When evaluating Mineral Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mineral Financial stock have on its future price. Mineral Financial 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, Mineral Financial autocorrelation shows the relationship between Mineral Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Mineral Financial Investments.
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 Mineral Stock Analysis
When running Mineral Financial's price analysis, check to measure Mineral Financial'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 Mineral Financial is operating at the current time. Most of Mineral Financial's value examination focuses on studying past and present price action to predict the probability of Mineral Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mineral Financial's price. Additionally, you may evaluate how the addition of Mineral Financial to your portfolios can decrease your overall portfolio volatility.