Mondi Plc Adr Stock Market Value
| MONDY Stock | USD 29.73 0.53 1.75% |
| Symbol | Mondi |
Mondi PLC '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 Mondi PLC's 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 Mondi PLC.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Mondi PLC on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Mondi PLC ADR or generate 0.0% return on investment in Mondi PLC over 180 days. Mondi PLC is related to or competes with UPM-Kymmene Oyj, Persimmon Plc, and Croda International. Mondi plc engages in the manufacture and sale of packaging and paper products in Africa, Western Europe, Emerging Europe... More
Mondi PLC 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 Mondi PLC's 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 Mondi PLC ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 11.3 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 2.76 |
Mondi PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mondi PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mondi PLC's standard deviation. In reality, there are many statistical measures that can use Mondi PLC historical prices to predict the future Mondi PLC's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | (0.85) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mondi PLC'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.
Mondi PLC ADR Backtested Returns
Mondi PLC ADR has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19% return per unit of risk over the last 3 months. Mondi PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mondi PLC's Mean Deviation of 1.53, standard deviation of 2.01, and Risk Adjusted Performance of (0.12) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.39, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mondi PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mondi PLC is expected to be smaller as well. At this point, Mondi PLC ADR has a negative expected return of -0.37%. Please make sure to verify Mondi PLC's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Mondi PLC ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
Mondi PLC ADR has below average predictability. Overlapping area represents the amount of predictability between Mondi PLC time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Mondi PLC ADR price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Mondi PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 10.71 |
Mondi PLC ADR lagged returns against current returns
Autocorrelation, which is Mondi PLC 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 Mondi PLC's pink sheet expected returns. We can calculate the autocorrelation of Mondi PLC returns to help us make a trade decision. For example, suppose you find that Mondi PLC 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 |
Mondi PLC 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 Mondi PLC pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mondi PLC pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mondi PLC pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mondi PLC Lagged Returns
When evaluating Mondi PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mondi PLC pink sheet have on its future price. Mondi PLC 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, Mondi PLC autocorrelation shows the relationship between Mondi PLC pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mondi PLC ADR.
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 Mondi Pink Sheet Analysis
When running Mondi PLC's price analysis, check to measure Mondi PLC'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 Mondi PLC is operating at the current time. Most of Mondi PLC's value examination focuses on studying past and present price action to predict the probability of Mondi PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mondi PLC's price. Additionally, you may evaluate how the addition of Mondi PLC to your portfolios can decrease your overall portfolio volatility.