Mitie Group's market value is the price at which a share of Mitie Group trades on a public exchange. It measures the collective expectations of Mitie Group plc investors about its performance. Mitie Group is trading at 2.21 as of the 26th of December 2025. This is a 0.45 percent increase since the beginning of the trading day. The stock's lowest day price was 2.21. With this module, you can estimate the performance of a buy and hold strategy of Mitie Group plc and determine expected loss or profit from investing in Mitie Group over a given investment horizon. Check out Mitie Group Correlation, Mitie Group Volatility and Mitie Group Alpha and Beta module to complement your research on Mitie Group.
Please note, there is a significant difference between Mitie Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitie Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitie Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Mitie Group '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 Mitie Group'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 Mitie Group.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Mitie Group'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 Mitie Group plc upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mitie Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mitie Group's standard deviation. In reality, there are many statistical measures that can use Mitie Group historical prices to predict the future Mitie Group's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Mitie Group. Your research has to be compared to or analyzed against Mitie Group's peers to derive any actionable benefits. When done correctly, Mitie Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Mitie Group plc.
Mitie Group plc Backtested Returns
Mitie Group appears to be risky, given 3 months investment horizon. Mitie Group plc has Sharpe Ratio of 0.0879, which conveys that the firm had a 0.0879 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Mitie Group, which you can use to evaluate the volatility of the firm. Please exercise Mitie Group's Risk Adjusted Performance of 0.0682, mean deviation of 1.42, and Downside Deviation of 4.25 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mitie Group holds a performance score of 6. The company secures a Beta (Market Risk) of 0.11, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mitie Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mitie Group is expected to be smaller as well. Please check Mitie Group's expected short fall, and the relationship between the value at risk and rate of daily change , to make a quick decision on whether Mitie Group's current price movements will revert.
Auto-correlation
0.17
Very weak predictability
Mitie Group plc has very weak predictability. Overlapping area represents the amount of predictability between Mitie Group time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mitie Group plc price movement. The serial correlation of 0.17 indicates that over 17.0% of current Mitie Group price fluctuation can be explain by its past prices.
Correlation Coefficient
0.17
Spearman Rank Test
0.5
Residual Average
0.0
Price Variance
0.0
Mitie Group plc lagged returns against current returns
Autocorrelation, which is Mitie Group 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 Mitie Group's pink sheet expected returns. We can calculate the autocorrelation of Mitie Group returns to help us make a trade decision. For example, suppose you find that Mitie Group 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
Mitie Group 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 Mitie Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mitie Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mitie Group pink sheet over time.
Current vs Lagged Prices
Timeline
Mitie Group Lagged Returns
When evaluating Mitie Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mitie Group pink sheet have on its future price. Mitie Group 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, Mitie Group autocorrelation shows the relationship between Mitie Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mitie Group plc.
Other Information on Investing in Mitie Pink Sheet
Mitie Group financial ratios help investors to determine whether Mitie 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 Mitie with respect to the benefits of owning Mitie Group security.