Mercedes Benz Group Ag Stock Market Value
| MBGYY Stock | USD 13.76 0.12 0.88% |
| Symbol | Mercedes |
Mercedes Benz '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 Mercedes Benz's pink sheet 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 Mercedes Benz.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Mercedes Benz on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Mercedes Benz Group AG or generate 0.0% return on investment in Mercedes Benz over 30 days. Mercedes Benz is related to or competes with Bayerische Motoren, Porsche Automobile, Volkswagen, Mercedes Benz, Volkswagen, Volkswagen, and Porsche Automobil. Mercedes-Benz Group AG operates as an automotive company in Germany and internationally More
Mercedes Benz 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 Mercedes Benz's pink sheet 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 Mercedes Benz Group AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 12.33 | |||
| Value At Risk | (3.53) | |||
| Potential Upside | 1.87 |
Mercedes Benz Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mercedes Benz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mercedes Benz's standard deviation. In reality, there are many statistical measures that can use Mercedes Benz historical prices to predict the future Mercedes Benz's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | 1.26 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mercedes Benz's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mercedes Benz Group Backtested Returns
Mercedes Benz Group has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18% return per unit of risk over the last 3 months. Mercedes Benz exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mercedes Benz's Standard Deviation of 1.85, risk adjusted performance of (0.13), and Mean Deviation of 1.31 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mercedes Benz are expected to decrease at a much lower rate. During the bear market, Mercedes Benz is likely to outperform the market. At this point, Mercedes Benz Group has a negative expected return of -0.33%. Please make sure to verify Mercedes Benz's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Mercedes Benz Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Mercedes Benz Group AG has modest predictability. Overlapping area represents the amount of predictability between Mercedes Benz time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Mercedes Benz Group price movement. The serial correlation of 0.52 indicates that about 52.0% of current Mercedes Benz price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Mercedes Benz Group lagged returns against current returns
Autocorrelation, which is Mercedes Benz pink sheet'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 Mercedes Benz's pink sheet expected returns. We can calculate the autocorrelation of Mercedes Benz returns to help us make a trade decision. For example, suppose you find that Mercedes Benz has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Mercedes Benz 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 Mercedes Benz pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mercedes Benz pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mercedes Benz pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mercedes Benz Lagged Returns
When evaluating Mercedes Benz's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mercedes Benz pink sheet have on its future price. Mercedes Benz 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, Mercedes Benz autocorrelation shows the relationship between Mercedes Benz pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mercedes Benz Group AG.
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 Mercedes Pink Sheet Analysis
When running Mercedes Benz's price analysis, check to measure Mercedes Benz'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 Mercedes Benz is operating at the current time. Most of Mercedes Benz's value examination focuses on studying past and present price action to predict the probability of Mercedes Benz's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercedes Benz's price. Additionally, you may evaluate how the addition of Mercedes Benz to your portfolios can decrease your overall portfolio volatility.