Microequities Asset (Australia) Market Value
| MAM Stock | 0.51 0.01 1.92% |
| Symbol | Microequities |
Microequities Asset '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 Microequities Asset'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 Microequities Asset.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Microequities Asset on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Microequities Asset Management or generate 0.0% return on investment in Microequities Asset over 30 days. Microequities Asset is related to or competes with National Australia, National Australia, Westpac Banking, National Australia, Commonwealth Bank, Commonwealth Bank, and ANZ Group. Microequities Asset is entity of Australia More
Microequities Asset 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 Microequities Asset'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 Microequities Asset Management upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.9 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 11.7 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 5.77 |
Microequities Asset Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Microequities Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Microequities Asset's standard deviation. In reality, there are many statistical measures that can use Microequities Asset historical prices to predict the future Microequities Asset's volatility.| Risk Adjusted Performance | 0.0162 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0512 |
Microequities Asset Backtested Returns
Microequities Asset has Sharpe Ratio of -0.0134, which conveys that the firm had a -0.0134% return per unit of risk over the last 3 months. Microequities Asset exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Microequities Asset's Mean Deviation of 1.63, downside deviation of 2.9, and Risk Adjusted Performance of 0.0162 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, Microequities Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding Microequities Asset is expected to be smaller as well. At this point, Microequities Asset has a negative expected return of -0.0321%. Please make sure to verify Microequities Asset's coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to decide if Microequities Asset performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.27 |
Weak reverse predictability
Microequities Asset Management has weak reverse predictability. Overlapping area represents the amount of predictability between Microequities Asset time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Microequities Asset price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Microequities Asset price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Microequities Asset lagged returns against current returns
Autocorrelation, which is Microequities Asset 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 Microequities Asset's stock expected returns. We can calculate the autocorrelation of Microequities Asset returns to help us make a trade decision. For example, suppose you find that Microequities Asset 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 |
Microequities Asset 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 Microequities Asset stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Microequities Asset stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Microequities Asset stock over time.
Current vs Lagged Prices |
| Timeline |
Microequities Asset Lagged Returns
When evaluating Microequities Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Microequities Asset stock have on its future price. Microequities Asset 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, Microequities Asset autocorrelation shows the relationship between Microequities Asset stock current value and its past values and can show if there is a momentum factor associated with investing in Microequities Asset Management.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Microequities Stock Analysis
When running Microequities Asset's price analysis, check to measure Microequities Asset'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 Microequities Asset is operating at the current time. Most of Microequities Asset's value examination focuses on studying past and present price action to predict the probability of Microequities Asset's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microequities Asset's price. Additionally, you may evaluate how the addition of Microequities Asset to your portfolios can decrease your overall portfolio volatility.