Missfresh Limited Stock Market Value
| MFLTY Stock | 0.0001 0.0001 50.00% |
| Symbol | Missfresh |
Missfresh '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 Missfresh'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 Missfresh.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Missfresh on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Missfresh Limited or generate 0.0% return on investment in Missfresh over 30 days. Missfresh is related to or competes with Signet International, National Beverage, Vita Coco, Coca Cola, Coca Cola, Embotelladora Andina, and Keurig Dr. More
Missfresh 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 Missfresh'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 Missfresh Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1083 | |||
| Maximum Drawdown | 375.0 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Missfresh Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Missfresh's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Missfresh's standard deviation. In reality, there are many statistical measures that can use Missfresh historical prices to predict the future Missfresh's volatility.| Risk Adjusted Performance | 0.0951 | |||
| Jensen Alpha | 5.72 | |||
| Total Risk Alpha | (2.33) | |||
| 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 Missfresh'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.
Missfresh Limited Backtested Returns
Missfresh is out of control given 3 months investment horizon. Missfresh Limited has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-two different technical indicators, which can help you to evaluate if expected returns of 20.44% are justified by taking the suggested risk. Use Missfresh Limited Risk Adjusted Performance of 0.0951, mean deviation of 14.59, and Standard Deviation of 41.86 to evaluate company specific risk that cannot be diversified away. Missfresh holds a performance score of 12 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -8.26, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Missfresh are expected to decrease by larger amounts. On the other hand, during market turmoil, Missfresh is expected to outperform it. Use Missfresh Limited treynor ratio and rate of daily change , to analyze future returns on Missfresh Limited.
Auto-correlation | 0.00 |
No correlation between past and present
Missfresh Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Missfresh time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Missfresh Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current Missfresh price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Missfresh Limited lagged returns against current returns
Autocorrelation, which is Missfresh 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 Missfresh's pink sheet expected returns. We can calculate the autocorrelation of Missfresh returns to help us make a trade decision. For example, suppose you find that Missfresh 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 |
Missfresh 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 Missfresh pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Missfresh pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Missfresh pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Missfresh Lagged Returns
When evaluating Missfresh's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Missfresh pink sheet have on its future price. Missfresh 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, Missfresh autocorrelation shows the relationship between Missfresh pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Missfresh Limited.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Missfresh Pink Sheet Analysis
When running Missfresh's price analysis, check to measure Missfresh'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 Missfresh is operating at the current time. Most of Missfresh's value examination focuses on studying past and present price action to predict the probability of Missfresh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Missfresh's price. Additionally, you may evaluate how the addition of Missfresh to your portfolios can decrease your overall portfolio volatility.