MOBA Network (Sweden) Market Value
| MOBA Stock | SEK 8.05 0.05 0.63% |
| Symbol | MOBA |
MOBA Network '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 MOBA Network'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 MOBA Network.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in MOBA Network on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding MOBA Network publ or generate 0.0% return on investment in MOBA Network over 30 days. MOBA Network is related to or competes with Spectrumone Publ, Media, and Cantargia. Network AB owns and operates various esport communities to esport fans to craft gaming strategies and sharing ideas with... More
MOBA Network 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 MOBA Network'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 MOBA Network publ upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 20.64 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 4.12 |
MOBA Network Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MOBA Network's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MOBA Network's standard deviation. In reality, there are many statistical measures that can use MOBA Network historical prices to predict the future MOBA Network's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | 4.93 |
MOBA Network publ Backtested Returns
MOBA Network publ retains Efficiency (Sharpe Ratio) of -0.11, which conveys that the firm had a -0.11% return per unit of return volatility over the last 3 months. MOBA Network exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MOBA Network's Mean Deviation of 2.55, market risk adjusted performance of 4.94, and Standard Deviation of 3.4 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.0803, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MOBA Network are expected to decrease at a much lower rate. During the bear market, MOBA Network is likely to outperform the market. At this point, MOBA Network publ has a negative expected return of -0.36%. Please make sure to verify MOBA Network's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if MOBA Network publ performance from the past will be repeated in the future.
Auto-correlation | 0.88 |
Very good predictability
MOBA Network publ has very good predictability. Overlapping area represents the amount of predictability between MOBA Network time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 MOBA Network publ price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current MOBA Network price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
MOBA Network publ lagged returns against current returns
Autocorrelation, which is MOBA Network 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 MOBA Network's stock expected returns. We can calculate the autocorrelation of MOBA Network returns to help us make a trade decision. For example, suppose you find that MOBA Network 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 |
MOBA Network 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 MOBA Network stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MOBA Network stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MOBA Network stock over time.
Current vs Lagged Prices |
| Timeline |
MOBA Network Lagged Returns
When evaluating MOBA Network's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MOBA Network stock have on its future price. MOBA Network 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, MOBA Network autocorrelation shows the relationship between MOBA Network stock current value and its past values and can show if there is a momentum factor associated with investing in MOBA Network publ.
Regressed Prices |
| Timeline |
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Additional Tools for MOBA Stock Analysis
When running MOBA Network's price analysis, check to measure MOBA Network's 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 MOBA Network is operating at the current time. Most of MOBA Network's value examination focuses on studying past and present price action to predict the probability of MOBA Network's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MOBA Network's price. Additionally, you may evaluate how the addition of MOBA Network to your portfolios can decrease your overall portfolio volatility.