Mind Gym (UK) Market Value
| MIND Stock | 19.00 0.00 0.00% |
| Symbol | Mind |
Mind Gym '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 Mind Gym'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 Mind Gym.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Mind Gym on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Mind Gym or generate 0.0% return on investment in Mind Gym over 300 days. Mind Gym is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, SoftBank Group, and Hon Hai. Mind Gym is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Mind Gym 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 Mind Gym'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 Mind Gym upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 17.42 | |||
| Value At Risk | (2.33) |
Mind Gym Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mind Gym's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mind Gym's standard deviation. In reality, there are many statistical measures that can use Mind Gym historical prices to predict the future Mind Gym's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.69) |
Mind Gym Backtested Returns
Mind Gym has Sharpe Ratio of -0.26, which conveys that the firm had a -0.26% return per unit of risk over the last 3 months. Mind Gym exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mind Gym's Mean Deviation of 0.6565, risk adjusted performance of (0.08), and Standard Deviation of 1.79 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mind Gym's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mind Gym is expected to be smaller as well. At this point, Mind Gym has a negative expected return of -0.35%. Please make sure to verify Mind Gym's jensen alpha, value at risk, kurtosis, as well as the relationship between the total risk alpha and skewness , to decide if Mind Gym performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.48 |
Average predictability
Mind Gym has average predictability. Overlapping area represents the amount of predictability between Mind Gym time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 Mind Gym price movement. The serial correlation of 0.48 indicates that about 48.0% of current Mind Gym price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 13.4 |
Mind Gym lagged returns against current returns
Autocorrelation, which is Mind Gym 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 Mind Gym's stock expected returns. We can calculate the autocorrelation of Mind Gym returns to help us make a trade decision. For example, suppose you find that Mind Gym 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 |
Mind Gym 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 Mind Gym stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mind Gym stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mind Gym stock over time.
Current vs Lagged Prices |
| Timeline |
Mind Gym Lagged Returns
When evaluating Mind Gym's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mind Gym stock have on its future price. Mind Gym 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, Mind Gym autocorrelation shows the relationship between Mind Gym stock current value and its past values and can show if there is a momentum factor associated with investing in Mind Gym.
Regressed Prices |
| Timeline |
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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 Mind Stock Analysis
When running Mind Gym's price analysis, check to measure Mind Gym'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 Mind Gym is operating at the current time. Most of Mind Gym's value examination focuses on studying past and present price action to predict the probability of Mind Gym's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mind Gym's price. Additionally, you may evaluate how the addition of Mind Gym to your portfolios can decrease your overall portfolio volatility.