MKS Instruments (Germany) Market Value
| MKT Stock | EUR 107.15 0.80 0.75% |
| Symbol | MKS |
MKS Instruments '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 MKS Instruments' 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 MKS Instruments.
| 01/12/2023 |
| 12/02/2024 |
If you would invest 0.00 in MKS Instruments on January 12, 2023 and sell it all today you would earn a total of 0.00 from holding MKS Instruments or generate 0.0% return on investment in MKS Instruments over 690 days. MKS Instruments is related to or competes with CDN IMPERIAL, JSC Halyk, FORMPIPE SOFTWARE, Hanover Insurance, ASURE SOFTWARE, and Take-Two Interactive. MKS Instruments, Inc. provides instruments, subsystems, and process control solutions that measure, monitor, deliver, an... More
MKS Instruments 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 MKS Instruments' 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 MKS Instruments upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.18 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 14.65 | |||
| Value At Risk | (4.81) | |||
| Potential Upside | 4.44 |
MKS Instruments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MKS Instruments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MKS Instruments' standard deviation. In reality, there are many statistical measures that can use MKS Instruments historical prices to predict the future MKS Instruments' volatility.| Risk Adjusted Performance | 0.0219 | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0209 |
MKS Instruments Backtested Returns
At this point, MKS Instruments is very steady. MKS Instruments has Sharpe Ratio of 0.0143, which conveys that the firm had a 0.0143% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for MKS Instruments, which you can use to evaluate the volatility of the firm. Please verify MKS Instruments' Risk Adjusted Performance of 0.0219, mean deviation of 2.15, and Market Risk Adjusted Performance of 0.0309 to check out if the risk estimate we provide is consistent with the expected return of 0.0436%. MKS Instruments has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 2.27, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MKS Instruments will likely underperform. MKS Instruments currently secures a risk of 3.05%. Please verify MKS Instruments downside variance, kurtosis, and the relationship between the value at risk and expected short fall , to decide if MKS Instruments will be following its current price movements.
Auto-correlation | 0.39 |
Below average predictability
MKS Instruments has below average predictability. Overlapping area represents the amount of predictability between MKS Instruments time series from 12th of January 2023 to 23rd of December 2023 and 23rd of December 2023 to 2nd of December 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 MKS Instruments price movement. The serial correlation of 0.39 indicates that just about 39.0% of current MKS Instruments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 113.03 |
MKS Instruments lagged returns against current returns
Autocorrelation, which is MKS Instruments 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 MKS Instruments' stock expected returns. We can calculate the autocorrelation of MKS Instruments returns to help us make a trade decision. For example, suppose you find that MKS Instruments 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 |
MKS Instruments 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 MKS Instruments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MKS Instruments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MKS Instruments stock over time.
Current vs Lagged Prices |
| Timeline |
MKS Instruments Lagged Returns
When evaluating MKS Instruments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MKS Instruments stock have on its future price. MKS Instruments 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, MKS Instruments autocorrelation shows the relationship between MKS Instruments stock current value and its past values and can show if there is a momentum factor associated with investing in MKS Instruments.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in MKS Stock
When determining whether MKS Instruments offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MKS Instruments' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mks Instruments Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mks Instruments Stock:Check out MKS Instruments Correlation, MKS Instruments Volatility and MKS Instruments Alpha and Beta module to complement your research on MKS Instruments. For more detail on how to invest in MKS Stock please use our How to Invest in MKS Instruments guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
MKS Instruments technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.