Morgan Advanced (UK) Market Value
| MGAM Stock | 259.00 5.50 2.08% |
| Symbol | Morgan |
Morgan Advanced '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 Morgan Advanced'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 Morgan Advanced.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Morgan Advanced on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Morgan Advanced Materials or generate 0.0% return on investment in Morgan Advanced over 720 days. Morgan Advanced is related to or competes with Check Point, Allianz Technology, Schweiter Technologies, Raytheon Technologies, Ecclesiastical Insurance, Playtech Plc, and Roper Technologies. Morgan Advanced is entity of United Kingdom More
Morgan Advanced 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 Morgan Advanced'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 Morgan Advanced Materials upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 5.19 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 1.82 |
Morgan Advanced Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Morgan Advanced's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Morgan Advanced's standard deviation. In reality, there are many statistical measures that can use Morgan Advanced historical prices to predict the future Morgan Advanced's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.36) |
Morgan Advanced Materials Backtested Returns
Morgan Advanced Materials has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. Morgan Advanced exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Morgan Advanced's Mean Deviation of 1.07, standard deviation of 1.36, and Risk Adjusted Performance of (0.11) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.57, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Morgan Advanced's returns are expected to increase less than the market. However, during the bear market, the loss of holding Morgan Advanced is expected to be smaller as well. At this point, Morgan Advanced Materials has a negative expected return of -0.24%. Please make sure to verify Morgan Advanced's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Morgan Advanced Materials performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Morgan Advanced Materials has very weak reverse predictability. Overlapping area represents the amount of predictability between Morgan Advanced time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Morgan Advanced Materials price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Morgan Advanced price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 630.76 |
Morgan Advanced Materials lagged returns against current returns
Autocorrelation, which is Morgan Advanced 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 Morgan Advanced's stock expected returns. We can calculate the autocorrelation of Morgan Advanced returns to help us make a trade decision. For example, suppose you find that Morgan Advanced 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 |
Morgan Advanced 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 Morgan Advanced stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Morgan Advanced stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Morgan Advanced stock over time.
Current vs Lagged Prices |
| Timeline |
Morgan Advanced Lagged Returns
When evaluating Morgan Advanced's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Morgan Advanced stock have on its future price. Morgan Advanced 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, Morgan Advanced autocorrelation shows the relationship between Morgan Advanced stock current value and its past values and can show if there is a momentum factor associated with investing in Morgan Advanced Materials.
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 Morgan Stock Analysis
When running Morgan Advanced's price analysis, check to measure Morgan Advanced'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 Morgan Advanced is operating at the current time. Most of Morgan Advanced's value examination focuses on studying past and present price action to predict the probability of Morgan Advanced's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Morgan Advanced's price. Additionally, you may evaluate how the addition of Morgan Advanced to your portfolios can decrease your overall portfolio volatility.