Molinos Rio (Argentina) Market Value
| MOLI Stock | ARS 5,230 510.00 10.81% |
| Symbol | Molinos |
Molinos Rio '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 Rio'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 Rio.
| 05/28/2023 |
| 12/18/2024 |
If you would invest 0.00 in Molinos Rio on May 28, 2023 and sell it all today you would earn a total of 0.00 from holding Molinos Rio de or generate 0.0% return on investment in Molinos Rio over 570 days. Molinos Rio is related to or competes with Telecom Argentina, Transportadora, Harmony Gold, United States, and Compania. Molinos Rio de la Plata S.A. operates in the food sector in Argentina More
Molinos Rio 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 Rio'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 Rio de upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.1633 | |||
| Maximum Drawdown | 13.59 | |||
| Value At Risk | (3.82) | |||
| Potential Upside | 7.24 |
Molinos Rio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Molinos Rio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Molinos Rio's standard deviation. In reality, there are many statistical measures that can use Molinos Rio historical prices to predict the future Molinos Rio's volatility.| Risk Adjusted Performance | 0.1404 | |||
| Jensen Alpha | 0.669 | |||
| Total Risk Alpha | 0.349 | |||
| Sortino Ratio | 0.2431 | |||
| Treynor Ratio | (0.84) |
Molinos Rio de Backtested Returns
Molinos Rio appears to be very steady, given 3 months investment horizon. Molinos Rio de has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. By analyzing Molinos Rio's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please exercise Molinos Rio's Risk Adjusted Performance of 0.1404, downside deviation of 2.34, and Mean Deviation of 2.71 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Molinos Rio holds a performance score of 16. The company secures a Beta (Market Risk) of -0.74, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Molinos Rio are expected to decrease at a much lower rate. During the bear market, Molinos Rio is likely to outperform the market. Please check Molinos Rio's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Molinos Rio's current price movements will revert.
Auto-correlation | 0.01 |
Virtually no predictability
Molinos Rio de has virtually no predictability. Overlapping area represents the amount of predictability between Molinos Rio time series from 28th of May 2023 to 8th of March 2024 and 8th of March 2024 to 18th 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 Molinos Rio de price movement. The serial correlation of 0.01 indicates that just 1.0% of current Molinos Rio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 160.9 K |
Molinos Rio de lagged returns against current returns
Autocorrelation, which is Molinos Rio 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 Rio's stock expected returns. We can calculate the autocorrelation of Molinos Rio returns to help us make a trade decision. For example, suppose you find that Molinos Rio 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 Rio 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 Rio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Molinos Rio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Molinos Rio stock over time.
Current vs Lagged Prices |
| Timeline |
Molinos Rio Lagged Returns
When evaluating Molinos Rio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Molinos Rio stock have on its future price. Molinos Rio 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 Rio autocorrelation shows the relationship between Molinos Rio stock current value and its past values and can show if there is a momentum factor associated with investing in Molinos Rio de.
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 Rio 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 Rio security.