MADISON FINANCIAL (Zambia) Market Value
| MAFS Stock | 1.83 0.00 0.00% |
| Symbol | MADISON |
MADISON 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 MADISON 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 MADISON FINANCIAL.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in MADISON FINANCIAL on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding MADISON FINANCIAL SERVICES or generate 0.0% return on investment in MADISON FINANCIAL over 510 days.
MADISON 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 MADISON 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 MADISON FINANCIAL SERVICES upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.44) | |||
| Maximum Drawdown | 1.67 |
MADISON FINANCIAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MADISON FINANCIAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MADISON FINANCIAL's standard deviation. In reality, there are many statistical measures that can use MADISON FINANCIAL historical prices to predict the future MADISON FINANCIAL's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.7318 |
MADISON FINANCIAL Backtested Returns
Currently, MADISON FINANCIAL SERVICES is not too volatile. MADISON FINANCIAL has Sharpe Ratio of 0.0015, which conveys that the company had a 0.0015% return per unit of risk over the last 3 months. We have found sixteen technical indicators for MADISON FINANCIAL, which you can use to evaluate the volatility of the entity. Please verify MADISON FINANCIAL's Coefficient Of Variation of 70042.65, standard deviation of 0.29, and Mean Deviation of 0.0505 to check out if the risk estimate we provide is consistent with the expected return of 4.0E-4%. The firm secures a Beta (Market Risk) of -0.0131, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MADISON FINANCIAL are expected to decrease at a much lower rate. During the bear market, MADISON FINANCIAL is likely to outperform the market. MADISON FINANCIAL at this time secures a risk of 0.3%. Please verify MADISON FINANCIAL SERVICES coefficient of variation, variance, treynor ratio, as well as the relationship between the standard deviation and information ratio , to decide if MADISON FINANCIAL SERVICES will be following its current price movements.
Auto-correlation | 0.79 |
Good predictability
MADISON FINANCIAL SERVICES has good predictability. Overlapping area represents the amount of predictability between MADISON FINANCIAL time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 MADISON FINANCIAL price movement. The serial correlation of 0.79 indicates that around 79.0% of current MADISON FINANCIAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MADISON FINANCIAL lagged returns against current returns
Autocorrelation, which is MADISON 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 MADISON FINANCIAL's stock expected returns. We can calculate the autocorrelation of MADISON FINANCIAL returns to help us make a trade decision. For example, suppose you find that MADISON 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 |
MADISON 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 MADISON FINANCIAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MADISON FINANCIAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MADISON FINANCIAL stock over time.
Current vs Lagged Prices |
| Timeline |
MADISON FINANCIAL Lagged Returns
When evaluating MADISON FINANCIAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MADISON FINANCIAL stock have on its future price. MADISON 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, MADISON FINANCIAL autocorrelation shows the relationship between MADISON FINANCIAL stock current value and its past values and can show if there is a momentum factor associated with investing in MADISON FINANCIAL SERVICES.
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 Tools for MADISON Stock Analysis
When running MADISON FINANCIAL's price analysis, check to measure MADISON 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 MADISON FINANCIAL is operating at the current time. Most of MADISON FINANCIAL's value examination focuses on studying past and present price action to predict the probability of MADISON 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 MADISON FINANCIAL's price. Additionally, you may evaluate how the addition of MADISON FINANCIAL to your portfolios can decrease your overall portfolio volatility.