My Foodie (Australia) Market Value
| MBX Stock | 0 0.00 0.00% |
| Symbol | MBX |
My Foodie '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 My Foodie'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 My Foodie.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in My Foodie on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding My Foodie Box or generate 0.0% return on investment in My Foodie over 540 days. My Foodie is related to or competes with Predictive Discovery, and Zip Co. My Foodie is entity of Australia. It is traded as Stock on AU exchange. More
My Foodie 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 My Foodie'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 My Foodie Box upside and downside potential and time the market with a certain degree of confidence.
My Foodie Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for My Foodie's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as My Foodie's standard deviation. In reality, there are many statistical measures that can use My Foodie historical prices to predict the future My Foodie's volatility.My Foodie Box Backtested Returns
We have found three technical indicators for My Foodie, which you can use to evaluate the volatility of the firm. The company owns a Beta (Systematic Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and My Foodie are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
My Foodie Box has no correlation between past and present. Overlapping area represents the amount of predictability between My Foodie time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 My Foodie Box price movement. The serial correlation of 0.0 indicates that just 0.0% of current My Foodie price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
My Foodie Box lagged returns against current returns
Autocorrelation, which is My Foodie 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 My Foodie's stock expected returns. We can calculate the autocorrelation of My Foodie returns to help us make a trade decision. For example, suppose you find that My Foodie 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 |
My Foodie 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 My Foodie stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if My Foodie stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in My Foodie stock over time.
Current vs Lagged Prices |
| Timeline |
My Foodie Lagged Returns
When evaluating My Foodie's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of My Foodie stock have on its future price. My Foodie 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, My Foodie autocorrelation shows the relationship between My Foodie stock current value and its past values and can show if there is a momentum factor associated with investing in My Foodie Box.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for MBX Stock Analysis
When running My Foodie's price analysis, check to measure My Foodie'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 My Foodie is operating at the current time. Most of My Foodie's value examination focuses on studying past and present price action to predict the probability of My Foodie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move My Foodie's price. Additionally, you may evaluate how the addition of My Foodie to your portfolios can decrease your overall portfolio volatility.