Molinos Agro (Argentina) Market Value
| MOLA Stock | ARS 21,550 425.00 2.01% |
| Symbol | Molinos |
Molinos Agro '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 Molinos Agro'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 Molinos Agro.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in Molinos Agro on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding Molinos Agro SA or generate 0.0% return on investment in Molinos Agro over 90 days. Molinos Agro is related to or competes with Harmony Gold, Compania, United States, and Transportadora. Molinos Agro S.A. produces and sells soybean meal and oil, and corn in Argentina and internationally More
Molinos Agro 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 Molinos Agro'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 Molinos Agro SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | 0.0679 | |||
| Maximum Drawdown | 10.11 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 4.8 |
Molinos Agro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Molinos Agro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Molinos Agro's standard deviation. In reality, there are many statistical measures that can use Molinos Agro historical prices to predict the future Molinos Agro's volatility.| Risk Adjusted Performance | 0.1015 | |||
| Jensen Alpha | 0.2828 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0862 | |||
| Treynor Ratio | (2.06) |
Molinos Agro SA Backtested Returns
Molinos Agro appears to be very steady, given 3 months investment horizon. Molinos Agro SA has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Molinos Agro, which you can use to evaluate the volatility of the firm. Please exercise Molinos Agro's Downside Deviation of 1.77, mean deviation of 1.7, and Risk Adjusted Performance of 0.1015 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Molinos Agro holds a performance score of 8. The company secures a Beta (Market Risk) of -0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Molinos Agro are expected to decrease at a much lower rate. During the bear market, Molinos Agro is likely to outperform the market. Please check Molinos Agro's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Molinos Agro's current price movements will revert.
Auto-correlation | -0.57 |
Good reverse predictability
Molinos Agro SA has good reverse predictability. Overlapping area represents the amount of predictability between Molinos Agro time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 Molinos Agro SA price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Molinos Agro price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 2.4 M |
Molinos Agro SA lagged returns against current returns
Autocorrelation, which is Molinos Agro 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 Molinos Agro's stock expected returns. We can calculate the autocorrelation of Molinos Agro returns to help us make a trade decision. For example, suppose you find that Molinos Agro 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 |
Molinos Agro 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 Molinos Agro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Molinos Agro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Molinos Agro stock over time.
Current vs Lagged Prices |
| Timeline |
Molinos Agro Lagged Returns
When evaluating Molinos Agro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Molinos Agro stock have on its future price. Molinos Agro 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, Molinos Agro autocorrelation shows the relationship between Molinos Agro stock current value and its past values and can show if there is a momentum factor associated with investing in Molinos Agro SA.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Molinos Stock
Molinos Agro financial ratios help investors to determine whether Molinos 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 Molinos with respect to the benefits of owning Molinos Agro security.