Mundus Group Stock Market Value
| MNDP Stock | USD 0.0008 0.0001 14.29% |
| Symbol | Mundus |
Mundus '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 Mundus' 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 Mundus.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Mundus on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding Mundus Group or generate 0.0% return on investment in Mundus over 540 days. Mundus Group, Inc., a development stage company, focuses on the design, development, production, and sale of aerospace t... More
Mundus 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 Mundus' 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 Mundus Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.86 | |||
| Information Ratio | 0.0163 | |||
| Maximum Drawdown | 42.86 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 14.29 |
Mundus Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mundus' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mundus' standard deviation. In reality, there are many statistical measures that can use Mundus historical prices to predict the future Mundus' volatility.| Risk Adjusted Performance | 0.0359 | |||
| Jensen Alpha | 0.3604 | |||
| Total Risk Alpha | (0.96) | |||
| Sortino Ratio | 0.007 | |||
| Treynor Ratio | (0.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mundus' 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.
Mundus Group Backtested Returns
Mundus appears to be out of control, given 3 months investment horizon. Mundus Group has Sharpe Ratio of 0.0635, which conveys that the firm had a 0.0635% return per unit of risk over the last 3 months. We have found thirty technical indicators for Mundus, which you can use to evaluate the volatility of the firm. Please exercise Mundus' Risk Adjusted Performance of 0.0359, mean deviation of 3.13, and Downside Deviation of 16.86 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Mundus holds a performance score of 5. The company secures a Beta (Market Risk) of -0.9, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Mundus are expected to decrease slowly. On the other hand, during market turmoil, Mundus is expected to outperform it slightly. Please check Mundus' maximum drawdown and the relationship between the expected short fall and period momentum indicator , to make a quick decision on whether Mundus' current price movements will revert.
Auto-correlation | -0.66 |
Very good reverse predictability
Mundus Group has very good reverse predictability. Overlapping area represents the amount of predictability between Mundus time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st 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 Mundus Group price movement. The serial correlation of -0.66 indicates that around 66.0% of current Mundus price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mundus Group lagged returns against current returns
Autocorrelation, which is Mundus 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 Mundus' pink sheet expected returns. We can calculate the autocorrelation of Mundus returns to help us make a trade decision. For example, suppose you find that Mundus 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 |
Mundus 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 Mundus pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mundus pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mundus pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mundus Lagged Returns
When evaluating Mundus' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mundus pink sheet have on its future price. Mundus 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, Mundus autocorrelation shows the relationship between Mundus pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mundus Group.
Regressed Prices |
| Timeline |
Pair Trading with Mundus
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 Mundus 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 Mundus will appreciate offsetting losses from the drop in the long position's value.Moving against Mundus Pink Sheet
| 0.45 | SYM | Symbotic Upward Rally | PairCorr |
The ability to find closely correlated positions to Mundus could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mundus 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 Mundus - 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 Mundus Group to buy it.
The correlation of Mundus 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 Mundus moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mundus Group 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 Mundus 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 Mundus Pink Sheet Analysis
When running Mundus' price analysis, check to measure Mundus' 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 Mundus is operating at the current time. Most of Mundus' value examination focuses on studying past and present price action to predict the probability of Mundus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mundus' price. Additionally, you may evaluate how the addition of Mundus to your portfolios can decrease your overall portfolio volatility.