Morixe Hermanos (Argentina) Market Value
| MORI Stock | ARS 322.00 9.00 2.88% |
| Symbol | Morixe |
Morixe Hermanos '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 Morixe Hermanos' 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 Morixe Hermanos.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Morixe Hermanos on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Morixe Hermanos SACI or generate 0.0% return on investment in Morixe Hermanos over 30 days. Morixe Hermanos is related to or competes with Molinos Agro, Cresud SA, Longvie SA, American Express, United States, Pfizer, and Wells Fargo. Morixe Hermanos S.A.C.I. manufactures and sells wheat flour in Argentina More
Morixe Hermanos 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 Morixe Hermanos' 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 Morixe Hermanos SACI upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.59 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 18.31 | |||
| Value At Risk | (3.81) | |||
| Potential Upside | 5.58 |
Morixe Hermanos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Morixe Hermanos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Morixe Hermanos' standard deviation. In reality, there are many statistical measures that can use Morixe Hermanos historical prices to predict the future Morixe Hermanos' volatility.| Risk Adjusted Performance | 0.0118 | |||
| Jensen Alpha | 0.0845 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.01) |
Morixe Hermanos SACI Backtested Returns
Morixe Hermanos SACI has Sharpe Ratio of -0.0166, which conveys that the firm had a -0.0166% return per unit of risk over the last 3 months. Morixe Hermanos exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Morixe Hermanos' Mean Deviation of 2.45, risk adjusted performance of 0.0118, and Downside Deviation of 2.59 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.67, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Morixe Hermanos are expected to decrease at a much lower rate. During the bear market, Morixe Hermanos is likely to outperform the market. At this point, Morixe Hermanos SACI has a negative expected return of -0.0541%. Please make sure to verify Morixe Hermanos' total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Morixe Hermanos SACI performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.51 |
Good reverse predictability
Morixe Hermanos SACI has good reverse predictability. Overlapping area represents the amount of predictability between Morixe Hermanos time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Morixe Hermanos SACI price movement. The serial correlation of -0.51 indicates that about 51.0% of current Morixe Hermanos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 151.0 |
Morixe Hermanos SACI lagged returns against current returns
Autocorrelation, which is Morixe Hermanos 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 Morixe Hermanos' stock expected returns. We can calculate the autocorrelation of Morixe Hermanos returns to help us make a trade decision. For example, suppose you find that Morixe Hermanos 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 |
Morixe Hermanos 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 Morixe Hermanos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Morixe Hermanos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Morixe Hermanos stock over time.
Current vs Lagged Prices |
| Timeline |
Morixe Hermanos Lagged Returns
When evaluating Morixe Hermanos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Morixe Hermanos stock have on its future price. Morixe Hermanos 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, Morixe Hermanos autocorrelation shows the relationship between Morixe Hermanos stock current value and its past values and can show if there is a momentum factor associated with investing in Morixe Hermanos SACI.
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 Morixe Stock
Morixe Hermanos financial ratios help investors to determine whether Morixe 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 Morixe with respect to the benefits of owning Morixe Hermanos security.