MAGHREBAIL's market value is the price at which a share of MAGHREBAIL trades on a public exchange. It measures the collective expectations of MAGHREBAIL investors about its performance. MAGHREBAIL is trading at 929.00 as of the 1st of December 2024, a No Change since the beginning of the trading day. The stock's open price was 929.0. With this module, you can estimate the performance of a buy and hold strategy of MAGHREBAIL and determine expected loss or profit from investing in MAGHREBAIL 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 metropolitan statistical area.
Symbol
MAGHREBAIL
MAGHREBAIL '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 MAGHREBAIL'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 MAGHREBAIL.
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11/01/2024
No Change 0.00
0.0
In 31 days
12/01/2024
0.00
If you would invest 0.00 in MAGHREBAIL on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding MAGHREBAIL or generate 0.0% return on investment in MAGHREBAIL over 30 days.
MAGHREBAIL 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 MAGHREBAIL'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 MAGHREBAIL 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 MAGHREBAIL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MAGHREBAIL's standard deviation. In reality, there are many statistical measures that can use MAGHREBAIL historical prices to predict the future MAGHREBAIL's volatility.
At this point, MAGHREBAIL is very steady. MAGHREBAIL has Sharpe Ratio of 0.0554, which conveys that the company had a 0.0554% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for MAGHREBAIL, which you can use to evaluate the volatility of the entity. Please verify MAGHREBAIL's Semi Deviation of 0.4885, mean deviation of 0.2941, and Downside Deviation of 1.84 to check out if the risk estimate we provide is consistent with the expected return of 0.0508%. MAGHREBAIL has a performance score of 4 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of 0.0025, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MAGHREBAIL's returns are expected to increase less than the market. However, during the bear market, the loss of holding MAGHREBAIL is expected to be smaller as well. MAGHREBAIL at this time secures a risk of 0.92%. Please verify MAGHREBAIL total risk alpha, as well as the relationship between the potential upside and kurtosis , to decide if MAGHREBAIL will be following its current price movements.
Auto-correlation
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No correlation between past and present
MAGHREBAIL has no correlation between past and present. Overlapping area represents the amount of predictability between MAGHREBAIL 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 MAGHREBAIL price movement. The serial correlation of 0.0 indicates that just 0.0% of current MAGHREBAIL price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
0.75
Residual Average
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Price Variance
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MAGHREBAIL lagged returns against current returns
Autocorrelation, which is MAGHREBAIL 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 MAGHREBAIL's stock expected returns. We can calculate the autocorrelation of MAGHREBAIL returns to help us make a trade decision. For example, suppose you find that MAGHREBAIL 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
MAGHREBAIL 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 MAGHREBAIL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MAGHREBAIL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MAGHREBAIL stock over time.
Current vs Lagged Prices
Timeline
MAGHREBAIL Lagged Returns
When evaluating MAGHREBAIL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MAGHREBAIL stock have on its future price. MAGHREBAIL 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, MAGHREBAIL autocorrelation shows the relationship between MAGHREBAIL stock current value and its past values and can show if there is a momentum factor associated with investing in MAGHREBAIL.
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.