Munters Group Ab Stock Market Value
| MMNNF Stock | USD 16.85 1.93 10.28% |
| Symbol | Munters |
Munters 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 Munters Group's otc 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 Munters Group.
| 06/28/2024 |
| 01/19/2026 |
If you would invest 0.00 in Munters Group on June 28, 2024 and sell it all today you would earn a total of 0.00 from holding Munters Group AB or generate 0.0% return on investment in Munters Group over 570 days. Munters Group is related to or competes with Kardex Holding, Fujitec Co, LEM Holding, Husqvarna, Danieli C, and TechnoPro Holdings. Munters Group AB provides climate solutions for customers in Sweden and internationally More
Munters Group 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 Munters Group's otc 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 Munters Group AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0129 | |||
| Maximum Drawdown | 38.68 | |||
| Value At Risk | (6.33) | |||
| Potential Upside | 0.907 |
Munters Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Munters Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Munters Group's standard deviation. In reality, there are many statistical measures that can use Munters Group historical prices to predict the future Munters Group's volatility.| Risk Adjusted Performance | 0.0297 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | 0.0889 |
Munters Group AB Backtested Returns
Munters Group appears to be somewhat reliable, given 3 months investment horizon. Munters Group AB has Sharpe Ratio of 0.0952, which conveys that the firm had a 0.0952 % return per unit of risk over the last 3 months. By analyzing Munters Group's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please exercise Munters Group's Mean Deviation of 1.93, risk adjusted performance of 0.0297, and Standard Deviation of 5.8 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Munters Group holds a performance score of 7. The company secures a Beta (Market Risk) of 1.86, 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, Munters Group will likely underperform. Please check Munters Group's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to make a quick decision on whether Munters Group's current price movements will revert.
Auto-correlation | 0.56 |
Modest predictability
Munters Group AB has modest predictability. Overlapping area represents the amount of predictability between Munters Group time series from 28th of June 2024 to 9th of April 2025 and 9th of April 2025 to 19th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Munters Group AB price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Munters Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 4.17 |
Munters Group AB lagged returns against current returns
Autocorrelation, which is Munters Group otc 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 Munters Group's otc stock expected returns. We can calculate the autocorrelation of Munters Group returns to help us make a trade decision. For example, suppose you find that Munters Group has exhibited high autocorrelation historically, and you observe that the otc 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 |
Munters 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 Munters Group otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Munters Group otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Munters Group otc stock over time.
Current vs Lagged Prices |
| Timeline |
Munters Group Lagged Returns
When evaluating Munters Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Munters Group otc stock have on its future price. Munters 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, Munters Group autocorrelation shows the relationship between Munters Group otc stock current value and its past values and can show if there is a momentum factor associated with investing in Munters Group AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Munters OTC Stock
Munters Group financial ratios help investors to determine whether Munters OTC 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 Munters with respect to the benefits of owning Munters Group security.