Ming Le (Germany) Market Value
| ML2 Stock | EUR 1.05 0.05 4.55% |
| Symbol | Ming |
Ming Le '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 Ming Le'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 Ming Le.
| 01/10/2025 |
| 03/11/2025 |
If you would invest 0.00 in Ming Le on January 10, 2025 and sell it all today you would earn a total of 0.00 from holding Ming Le Sports or generate 0.0% return on investment in Ming Le over 60 days. Ming Le is related to or competes with ASURE SOFTWARE, Veolia Environnement, Daido Steel, Check Point, and Tianjin Capital. Ming Le Sports AG, a sportswear company, designs, develops, manufactures, and sells footwear, apparel, accessories, and ... More
Ming Le 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 Ming Le'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 Ming Le Sports upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 8.33 | |||
| Value At Risk | (4.55) |
Ming Le Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ming Le's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ming Le's standard deviation. In reality, there are many statistical measures that can use Ming Le historical prices to predict the future Ming Le's volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (11.81) |
Ming Le Sports Backtested Returns
Ming Le Sports has Sharpe Ratio of -0.18, which conveys that the firm had a -0.18 % return per unit of risk over the last 3 months. Ming Le exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Ming Le's Mean Deviation of 0.7889, standard deviation of 1.7, and Risk Adjusted Performance of (0.19) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0364, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Ming Le's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ming Le is expected to be smaller as well. At this point, Ming Le Sports has a negative expected return of -0.22%. Please make sure to verify Ming Le's jensen alpha, value at risk, kurtosis, as well as the relationship between the total risk alpha and skewness , to decide if Ming Le Sports performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.47 |
Average predictability
Ming Le Sports has average predictability. Overlapping area represents the amount of predictability between Ming Le time series from 10th of January 2025 to 9th of February 2025 and 9th of February 2025 to 11th of March 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 Ming Le Sports price movement. The serial correlation of 0.47 indicates that about 47.0% of current Ming Le price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ming Le Sports lagged returns against current returns
Autocorrelation, which is Ming Le 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 Ming Le's stock expected returns. We can calculate the autocorrelation of Ming Le returns to help us make a trade decision. For example, suppose you find that Ming Le 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 |
Ming Le 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 Ming Le stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ming Le stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ming Le stock over time.
Current vs Lagged Prices |
| Timeline |
Ming Le Lagged Returns
When evaluating Ming Le's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ming Le stock have on its future price. Ming Le 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, Ming Le autocorrelation shows the relationship between Ming Le stock current value and its past values and can show if there is a momentum factor associated with investing in Ming Le Sports.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ming Stock
Ming Le financial ratios help investors to determine whether Ming Stock 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 Ming with respect to the benefits of owning Ming Le security.