Mobile Lads Corp Stock Market Value
| MOBO Stock | USD 0 0.00 0.00% |
| Symbol | Mobile |
Mobile Lads '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 Mobile Lads' 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 Mobile Lads.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Mobile Lads on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Mobile Lads Corp or generate 0.0% return on investment in Mobile Lads over 180 days. Mobile Lads is related to or competes with Taysha Gene, ZyVersa Therapeutics, Palisade Bio, Unicycive Therapeutics, Immix Biopharma, Galmed Pharmaceuticals, and Affimed NV. Mobile Lads Corp., a development stage company, focuses on providing marketing products and services using short message... More
Mobile Lads 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 Mobile Lads' 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 Mobile Lads Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.46) | |||
| Maximum Drawdown | 3.33 |
Mobile Lads Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mobile Lads' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mobile Lads' standard deviation. In reality, there are many statistical measures that can use Mobile Lads historical prices to predict the future Mobile Lads' volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | 1.67 |
Mobile Lads Corp Backtested Returns
Mobile Lads Corp has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Mobile Lads exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mobile Lads' Risk Adjusted Performance of (0.10), mean deviation of 0.0995, and Standard Deviation of 0.4103 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0363, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mobile Lads are expected to decrease at a much lower rate. During the bear market, Mobile Lads is likely to outperform the market. At this point, Mobile Lads Corp has a negative expected return of -0.0521%. Please make sure to verify Mobile Lads' market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and rate of daily change , to decide if Mobile Lads Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Mobile Lads Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Mobile Lads time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Mobile Lads Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Mobile Lads price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mobile Lads Corp lagged returns against current returns
Autocorrelation, which is Mobile Lads 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 Mobile Lads' pink sheet expected returns. We can calculate the autocorrelation of Mobile Lads returns to help us make a trade decision. For example, suppose you find that Mobile Lads 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 |
Mobile Lads 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 Mobile Lads pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mobile Lads pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mobile Lads pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mobile Lads Lagged Returns
When evaluating Mobile Lads' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mobile Lads pink sheet have on its future price. Mobile Lads 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, Mobile Lads autocorrelation shows the relationship between Mobile Lads pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mobile Lads Corp.
Regressed Prices |
| Timeline |
Pair Trading with Mobile Lads
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 Mobile Lads 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 Mobile Lads will appreciate offsetting losses from the drop in the long position's value.Moving against Mobile Pink Sheet
| 0.84 | CAT | Caterpillar Fiscal Year End 3rd of February 2025 | PairCorr |
| 0.8 | HD | Home Depot | PairCorr |
| 0.77 | INTC | Intel Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.76 | PTAIF | PT Astra International | PairCorr |
| 0.71 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
The ability to find closely correlated positions to Mobile Lads could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mobile Lads 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 Mobile Lads - 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 Mobile Lads Corp to buy it.
The correlation of Mobile Lads 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 Mobile Lads moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mobile Lads Corp 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 Mobile Lads 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.Other Information on Investing in Mobile Pink Sheet
Mobile Lads financial ratios help investors to determine whether Mobile Pink Sheet 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 Mobile with respect to the benefits of owning Mobile Lads security.