MINEBEA (Germany) Market Value
| MEA Stock | 15.30 0.30 2.00% |
| Symbol | MINEBEA |
MINEBEA '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 MINEBEA'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 MINEBEA.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in MINEBEA on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding MINEBEA or generate 0.0% return on investment in MINEBEA over 30 days. MINEBEA is related to or competes with SANOK RUBBER, Compagnie Plastic, LIFENET INSURANCE, NEWELL RUBBERMAID, APPLIED MATERIALS, Ping An, and ZURICH INSURANCE. More
MINEBEA 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 MINEBEA'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 MINEBEA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 7.96 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 2.82 |
MINEBEA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MINEBEA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MINEBEA's standard deviation. In reality, there are many statistical measures that can use MINEBEA historical prices to predict the future MINEBEA's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.56) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MINEBEA'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.
MINEBEA Backtested Returns
MINEBEA has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of volatility over the last 3 months. MINEBEA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MINEBEA's mean deviation of 1.41, and Risk Adjusted Performance of (0.13) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.62, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MINEBEA's returns are expected to increase less than the market. However, during the bear market, the loss of holding MINEBEA is expected to be smaller as well. At this point, MINEBEA has a negative expected return of -0.34%. Please make sure to verify MINEBEA's kurtosis, and the relationship between the treynor ratio and day median price , to decide if MINEBEA performance from the past will be repeated at future time.
Auto-correlation | -0.36 |
Poor reverse predictability
MINEBEA has poor reverse predictability. Overlapping area represents the amount of predictability between MINEBEA time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 MINEBEA price movement. The serial correlation of -0.36 indicates that just about 36.0% of current MINEBEA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
MINEBEA lagged returns against current returns
Autocorrelation, which is MINEBEA 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 MINEBEA's stock expected returns. We can calculate the autocorrelation of MINEBEA returns to help us make a trade decision. For example, suppose you find that MINEBEA 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 |
MINEBEA 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 MINEBEA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MINEBEA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MINEBEA stock over time.
Current vs Lagged Prices |
| Timeline |
MINEBEA Lagged Returns
When evaluating MINEBEA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MINEBEA stock have on its future price. MINEBEA 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, MINEBEA autocorrelation shows the relationship between MINEBEA stock current value and its past values and can show if there is a momentum factor associated with investing in MINEBEA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for MINEBEA Stock Analysis
When running MINEBEA's price analysis, check to measure MINEBEA'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 MINEBEA is operating at the current time. Most of MINEBEA's value examination focuses on studying past and present price action to predict the probability of MINEBEA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MINEBEA's price. Additionally, you may evaluate how the addition of MINEBEA to your portfolios can decrease your overall portfolio volatility.