Monde Nissin (Philippines) Market Value
MONDE Stock | 9.26 0.40 4.51% |
Symbol | Monde |
Monde Nissin '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 Monde Nissin'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 Monde Nissin.
10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Monde Nissin on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Monde Nissin Corp or generate 0.0% return on investment in Monde Nissin over 30 days. Monde Nissin is related to or competes with Alliance Select, and Del Monte. More
Monde Nissin 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 Monde Nissin'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 Monde Nissin Corp upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 2.29 | |||
Information Ratio | (0.05) | |||
Maximum Drawdown | 11.85 | |||
Value At Risk | (3.06) | |||
Potential Upside | 4.51 |
Monde Nissin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monde Nissin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monde Nissin's standard deviation. In reality, there are many statistical measures that can use Monde Nissin historical prices to predict the future Monde Nissin's volatility.Risk Adjusted Performance | 0.0099 | |||
Jensen Alpha | 0.0566 | |||
Total Risk Alpha | (0.41) | |||
Sortino Ratio | (0.06) | |||
Treynor Ratio | 7.0E-4 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Monde Nissin's 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.
Monde Nissin Corp Backtested Returns
Currently, Monde Nissin Corp is somewhat reliable. Monde Nissin Corp has Sharpe Ratio of 0.008, which conveys that the firm had a 0.008% return per unit of risk over the last 3 months. We have found thirty technical indicators for Monde Nissin, which you can use to evaluate the volatility of the firm. Please verify Monde Nissin's Risk Adjusted Performance of 0.0099, mean deviation of 1.72, and Downside Deviation of 2.29 to check out if the risk estimate we provide is consistent with the expected return of 0.0197%. The company secures a Beta (Market Risk) of -0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Monde Nissin are expected to decrease at a much lower rate. During the bear market, Monde Nissin is likely to outperform the market. Monde Nissin Corp right now secures a risk of 2.47%. Please verify Monde Nissin Corp sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to decide if Monde Nissin Corp will be following its current price movements.
Auto-correlation | 0.94 |
Excellent predictability
Monde Nissin Corp has excellent predictability. Overlapping area represents the amount of predictability between Monde Nissin time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Monde Nissin Corp price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current Monde Nissin price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.94 | |
Spearman Rank Test | 0.91 | |
Residual Average | 0.0 | |
Price Variance | 0.09 |
Monde Nissin Corp lagged returns against current returns
Autocorrelation, which is Monde Nissin 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 Monde Nissin's stock expected returns. We can calculate the autocorrelation of Monde Nissin returns to help us make a trade decision. For example, suppose you find that Monde Nissin 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 |
Monde Nissin 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 Monde Nissin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monde Nissin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Monde Nissin stock over time.
Current vs Lagged Prices |
Timeline |
Monde Nissin Lagged Returns
When evaluating Monde Nissin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monde Nissin stock have on its future price. Monde Nissin 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, Monde Nissin autocorrelation shows the relationship between Monde Nissin stock current value and its past values and can show if there is a momentum factor associated with investing in Monde Nissin Corp.
Regressed Prices |
Timeline |
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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.Additional Tools for Monde Stock Analysis
When running Monde Nissin's price analysis, check to measure Monde Nissin'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 Monde Nissin is operating at the current time. Most of Monde Nissin's value examination focuses on studying past and present price action to predict the probability of Monde Nissin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monde Nissin's price. Additionally, you may evaluate how the addition of Monde Nissin to your portfolios can decrease your overall portfolio volatility.