Madison Pacific Properties Stock Market Value
| MPC Stock | CAD 5.30 0.00 0.00% |
| Symbol | Madison |
Madison Pacific Prop Price To Book Ratio
Madison Pacific '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 Madison Pacific'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 Madison Pacific.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Madison Pacific on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Madison Pacific Properties or generate 0.0% return on investment in Madison Pacific over 180 days. Madison Pacific is related to or competes with Melcor Developments, Wells Fargo, Genesis Land, Mainstreet Equity, and Madison Pacific. Madison Pacific Properties Inc., together with its subsidiaries, owns, develops, and manages office, industrial, commerc... More
Madison Pacific 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 Madison Pacific'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 Madison Pacific Properties upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.14 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 15.33 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 5.2 |
Madison Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Madison Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Madison Pacific's standard deviation. In reality, there are many statistical measures that can use Madison Pacific historical prices to predict the future Madison Pacific's volatility.| Risk Adjusted Performance | 0.0258 | |||
| Jensen Alpha | 0.0364 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.4729 |
Madison Pacific Prop Backtested Returns
As of now, Madison Stock is slightly risky. Madison Pacific Prop has Sharpe Ratio of 0.0483, which conveys that the firm had a 0.0483% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Madison Pacific, which you can use to evaluate the volatility of the firm. Please verify Madison Pacific's Mean Deviation of 1.24, downside deviation of 3.14, and Risk Adjusted Performance of 0.0258 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. Madison Pacific has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.1, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Madison Pacific's returns are expected to increase less than the market. However, during the bear market, the loss of holding Madison Pacific is expected to be smaller as well. Madison Pacific Prop right now secures a risk of 2.38%. Please verify Madison Pacific Properties maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Madison Pacific Properties will be following its current price movements.
Auto-correlation | -0.08 |
Very weak reverse predictability
Madison Pacific Properties has very weak reverse predictability. Overlapping area represents the amount of predictability between Madison Pacific time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Madison Pacific Prop price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Madison Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Madison Pacific Prop lagged returns against current returns
Autocorrelation, which is Madison Pacific 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 Madison Pacific's stock expected returns. We can calculate the autocorrelation of Madison Pacific returns to help us make a trade decision. For example, suppose you find that Madison Pacific 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 |
Madison Pacific 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 Madison Pacific stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Madison Pacific stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Madison Pacific stock over time.
Current vs Lagged Prices |
| Timeline |
Madison Pacific Lagged Returns
When evaluating Madison Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Madison Pacific stock have on its future price. Madison Pacific 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, Madison Pacific autocorrelation shows the relationship between Madison Pacific stock current value and its past values and can show if there is a momentum factor associated with investing in Madison Pacific Properties.
Regressed Prices |
| Timeline |
Pair Trading with Madison Pacific
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 Madison Pacific 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 Madison Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with Madison Stock
Moving against Madison Stock
The ability to find closely correlated positions to Madison Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Madison Pacific 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 Madison Pacific - 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 Madison Pacific Properties to buy it.
The correlation of Madison Pacific 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 Madison Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Madison Pacific Prop 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 Madison Pacific 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 Madison Stock
Madison Pacific financial ratios help investors to determine whether Madison 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 Madison with respect to the benefits of owning Madison Pacific security.