Manhattan Limited Stock Market Value
| MHTZF Stock | USD 0 0.0005 14.29% |
| Symbol | ManhattanLimited |
ManhattanLimited '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 ManhattanLimited'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 ManhattanLimited.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in ManhattanLimited on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding Manhattan Limited or generate 0.0% return on investment in ManhattanLimited over 180 days. ManhattanLimited is related to or competes with Morningstar Unconstrained, High-yield Municipal, Knife River, Klckner Co, CarMax, SEI Investments, and Kosmos Energy. Manhattan Corporation Limited engages in the evaluation, exploration, and development of mineral projects in Australia More
ManhattanLimited 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 ManhattanLimited'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 Manhattan Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 27.25 | |||
| Information Ratio | 0.0422 | |||
| Maximum Drawdown | 190.82 | |||
| Value At Risk | (22.22) |
ManhattanLimited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ManhattanLimited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ManhattanLimited's standard deviation. In reality, there are many statistical measures that can use ManhattanLimited historical prices to predict the future ManhattanLimited's volatility.| Risk Adjusted Performance | 0.0456 | |||
| Jensen Alpha | 1.12 | |||
| Total Risk Alpha | (1.89) | |||
| Sortino Ratio | 0.035 | |||
| Treynor Ratio | (1.55) |
Manhattan Limited Backtested Returns
ManhattanLimited is out of control given 3 months investment horizon. Manhattan Limited has Sharpe Ratio of 0.0547, which conveys that the firm had a 0.0547% return per unit of risk over the last 3 months. We were able to analyze twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.25% are justified by taking the suggested risk. Use Manhattan Limited Mean Deviation of 6.31, downside deviation of 27.25, and Risk Adjusted Performance of 0.0456 to evaluate company specific risk that cannot be diversified away. ManhattanLimited holds a performance score of 4 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.68, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ManhattanLimited are expected to decrease at a much lower rate. During the bear market, ManhattanLimited is likely to outperform the market. Use Manhattan Limited maximum drawdown, as well as the relationship between the skewness and day typical price , to analyze future returns on Manhattan Limited.
Auto-correlation | -0.31 |
Poor reverse predictability
Manhattan Limited has poor reverse predictability. Overlapping area represents the amount of predictability between ManhattanLimited time series from 27th of May 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Manhattan Limited price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current ManhattanLimited price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Manhattan Limited lagged returns against current returns
Autocorrelation, which is ManhattanLimited 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 ManhattanLimited's pink sheet expected returns. We can calculate the autocorrelation of ManhattanLimited returns to help us make a trade decision. For example, suppose you find that ManhattanLimited 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 |
ManhattanLimited 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 ManhattanLimited pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ManhattanLimited pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ManhattanLimited pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ManhattanLimited Lagged Returns
When evaluating ManhattanLimited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ManhattanLimited pink sheet have on its future price. ManhattanLimited 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, ManhattanLimited autocorrelation shows the relationship between ManhattanLimited pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Manhattan Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ManhattanLimited Pink Sheet
ManhattanLimited financial ratios help investors to determine whether ManhattanLimited Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ManhattanLimited with respect to the benefits of owning ManhattanLimited security.