Microba Life (Australia) Market Value
| MAP Stock | 0.19 0.01 5.56% |
| Symbol | Microba |
Microba Life '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 Microba Life'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 Microba Life.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Microba Life on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Microba Life Sciences or generate 0.0% return on investment in Microba Life over 30 days. Microba Life is related to or competes with Healthco Healthcare, Fisher Paykel, and Macquarie Technology. Microba Life is entity of Australia. It is traded as Stock on AU exchange. More
Microba Life 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 Microba Life'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 Microba Life Sciences upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.96 | |||
| Information Ratio | 0.055 | |||
| Maximum Drawdown | 17.32 | |||
| Value At Risk | (5.88) | |||
| Potential Upside | 6.25 |
Microba Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Microba Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Microba Life's standard deviation. In reality, there are many statistical measures that can use Microba Life historical prices to predict the future Microba Life's volatility.| Risk Adjusted Performance | 0.0577 | |||
| Jensen Alpha | 0.239 | |||
| Total Risk Alpha | 0.1384 | |||
| Sortino Ratio | 0.0356 | |||
| Treynor Ratio | (0.56) |
Microba Life Sciences Backtested Returns
Microba Life appears to be out of control, given 3 months investment horizon. Microba Life Sciences has Sharpe Ratio of 0.063, which conveys that the firm had a 0.063% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Microba Life, which you can use to evaluate the volatility of the firm. Please exercise Microba Life's Mean Deviation of 2.46, downside deviation of 5.96, and Risk Adjusted Performance of 0.0577 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Microba Life holds a performance score of 4. The company secures a Beta (Market Risk) of -0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Microba Life are expected to decrease at a much lower rate. During the bear market, Microba Life is likely to outperform the market. Please check Microba Life's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Microba Life's current price movements will revert.
Auto-correlation | 0.60 |
Good predictability
Microba Life Sciences has good predictability. Overlapping area represents the amount of predictability between Microba Life time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th 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 Microba Life Sciences price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Microba Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Microba Life Sciences lagged returns against current returns
Autocorrelation, which is Microba Life 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 Microba Life's stock expected returns. We can calculate the autocorrelation of Microba Life returns to help us make a trade decision. For example, suppose you find that Microba Life 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 |
Microba Life 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 Microba Life stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Microba Life stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Microba Life stock over time.
Current vs Lagged Prices |
| Timeline |
Microba Life Lagged Returns
When evaluating Microba Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Microba Life stock have on its future price. Microba Life 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, Microba Life autocorrelation shows the relationship between Microba Life stock current value and its past values and can show if there is a momentum factor associated with investing in Microba Life Sciences.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Microba Stock Analysis
When running Microba Life's price analysis, check to measure Microba Life'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 Microba Life is operating at the current time. Most of Microba Life's value examination focuses on studying past and present price action to predict the probability of Microba Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microba Life's price. Additionally, you may evaluate how the addition of Microba Life to your portfolios can decrease your overall portfolio volatility.