Mlk Foods (Poland) Market Value
| MLK Stock | 1.23 0.07 6.03% |
| Symbol | Mlk |
Mlk Foods '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 Mlk Foods' 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 Mlk Foods.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Mlk Foods on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Mlk Foods Public or generate 0.0% return on investment in Mlk Foods over 510 days. Mlk Foods is related to or competes with Asseco Business, Movie Games, Igoria Trade, and Bank Millennium. More
Mlk Foods 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 Mlk Foods' 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 Mlk Foods Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.04 | |||
| Information Ratio | 0.0135 | |||
| Maximum Drawdown | 27.3 | |||
| Value At Risk | (6.36) | |||
| Potential Upside | 6.54 |
Mlk Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mlk Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mlk Foods' standard deviation. In reality, there are many statistical measures that can use Mlk Foods historical prices to predict the future Mlk Foods' volatility.| Risk Adjusted Performance | 0.0418 | |||
| Jensen Alpha | 0.0975 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | 0.0141 | |||
| Treynor Ratio | 0.267 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mlk Foods' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mlk Foods Public Backtested Returns
Mlk Foods appears to be extremely dangerous, given 3 months investment horizon. Mlk Foods Public has Sharpe Ratio of 0.0755, which conveys that the firm had a 0.0755% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mlk Foods, which you can use to evaluate the volatility of the firm. Please exercise Mlk Foods' Downside Deviation of 4.04, mean deviation of 2.46, and Risk Adjusted Performance of 0.0418 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mlk Foods holds a performance score of 5. The company secures a Beta (Market Risk) of 0.66, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mlk Foods' returns are expected to increase less than the market. However, during the bear market, the loss of holding Mlk Foods is expected to be smaller as well. Please check Mlk Foods' sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Mlk Foods' current price movements will revert.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
Mlk Foods Public has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Mlk Foods time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Mlk Foods Public price movement. The serial correlation of -0.71 indicates that around 71.0% of current Mlk Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Mlk Foods Public lagged returns against current returns
Autocorrelation, which is Mlk Foods 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 Mlk Foods' stock expected returns. We can calculate the autocorrelation of Mlk Foods returns to help us make a trade decision. For example, suppose you find that Mlk Foods 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 |
Mlk Foods 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 Mlk Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mlk Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mlk Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Mlk Foods Lagged Returns
When evaluating Mlk Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mlk Foods stock have on its future price. Mlk Foods 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, Mlk Foods autocorrelation shows the relationship between Mlk Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Mlk Foods Public.
Regressed Prices |
| Timeline |
Pair Trading with Mlk Foods
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mlk Foods position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mlk Foods will appreciate offsetting losses from the drop in the long position's value.Moving against Mlk Stock
The ability to find closely correlated positions to Mlk Foods could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mlk Foods when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mlk Foods - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mlk Foods Public to buy it.
The correlation of Mlk Foods is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mlk Foods moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mlk Foods Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mlk Foods can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Mlk Stock Analysis
When running Mlk Foods' price analysis, check to measure Mlk Foods' 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 Mlk Foods is operating at the current time. Most of Mlk Foods' value examination focuses on studying past and present price action to predict the probability of Mlk Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mlk Foods' price. Additionally, you may evaluate how the addition of Mlk Foods to your portfolios can decrease your overall portfolio volatility.