Monsenso (Denmark) Market Value
| MONSO Stock | DKK 0.42 0.06 12.50% |
| Symbol | Monsenso |
Monsenso '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 Monsenso'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 Monsenso.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Monsenso on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Monsenso AS or generate 0.0% return on investment in Monsenso over 90 days. Monsenso is related to or competes with FOM Technologies, Penneo AS, BioPorto, Shape Robotics, and CBrain AS. Monsenso AS develops and sells digital health solution for the treatment of mental disorders More
Monsenso 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 Monsenso'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 Monsenso AS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 40.82 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 12.5 |
Monsenso Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monsenso's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monsenso's standard deviation. In reality, there are many statistical measures that can use Monsenso historical prices to predict the future Monsenso's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (1.20) | |||
| Treynor Ratio | (0.10) |
Monsenso AS Backtested Returns
Monsenso AS has Sharpe Ratio of -0.0193, which conveys that the firm had a -0.0193% return per unit of risk over the last 3 months. Monsenso exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Monsenso's Standard Deviation of 6.95, mean deviation of 4.81, and insignificant Risk Adjusted Performance to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.09, which conveys a somewhat significant risk relative to the market. Monsenso returns are very sensitive to returns on the market. As the market goes up or down, Monsenso is expected to follow. At this point, Monsenso AS has a negative expected return of -0.14%. Please make sure to verify Monsenso's jensen alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Monsenso AS performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.03 |
Very weak reverse predictability
Monsenso AS has very weak reverse predictability. Overlapping area represents the amount of predictability between Monsenso time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 Monsenso AS price movement. The serial correlation of -0.03 indicates that only 3.0% of current Monsenso price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Monsenso AS lagged returns against current returns
Autocorrelation, which is Monsenso 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 Monsenso's stock expected returns. We can calculate the autocorrelation of Monsenso returns to help us make a trade decision. For example, suppose you find that Monsenso 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 |
Monsenso 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 Monsenso stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monsenso stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Monsenso stock over time.
Current vs Lagged Prices |
| Timeline |
Monsenso Lagged Returns
When evaluating Monsenso's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monsenso stock have on its future price. Monsenso 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, Monsenso autocorrelation shows the relationship between Monsenso stock current value and its past values and can show if there is a momentum factor associated with investing in Monsenso AS.
Regressed Prices |
| Timeline |
Pair Trading with Monsenso
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 Monsenso 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 Monsenso will appreciate offsetting losses from the drop in the long position's value.Moving against Monsenso Stock
The ability to find closely correlated positions to Monsenso could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Monsenso 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 Monsenso - 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 Monsenso AS to buy it.
The correlation of Monsenso 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 Monsenso moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Monsenso AS 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 Monsenso 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 Monsenso Stock
Monsenso financial ratios help investors to determine whether Monsenso 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 Monsenso with respect to the benefits of owning Monsenso security.