Medibank Private (Germany) Market Value
| MPV Stock | EUR 2.28 0.02 0.88% |
| Symbol | Medibank |
Medibank Private '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 Medibank Private'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 Medibank Private.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Medibank Private on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Medibank Private Limited or generate 0.0% return on investment in Medibank Private over 180 days. Medibank Private is related to or competes with Berkshire Hathaway, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, and NorAm Drilling. Medibank Private Limited, an integrated healthcare company, provides private health insurance and health solutions in Au... More
Medibank Private 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 Medibank Private'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 Medibank Private Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.46 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 1.87 |
Medibank Private Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Medibank Private's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Medibank Private's standard deviation. In reality, there are many statistical measures that can use Medibank Private historical prices to predict the future Medibank Private's volatility.| Risk Adjusted Performance | 0.046 | |||
| Jensen Alpha | 0.0042 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.1278 |
Medibank Private Backtested Returns
At this point, Medibank Private is slightly risky. Medibank Private has Sharpe Ratio of 0.0559, which conveys that the firm had a 0.0559% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Medibank Private, which you can use to evaluate the volatility of the firm. Please verify Medibank Private's Risk Adjusted Performance of 0.046, mean deviation of 0.9936, and Downside Deviation of 1.52 to check out if the risk estimate we provide is consistent with the expected return of 0.0696%. Medibank Private has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Medibank Private's returns are expected to increase less than the market. However, during the bear market, the loss of holding Medibank Private is expected to be smaller as well. Medibank Private right now secures a risk of 1.25%. Please verify Medibank Private Limited downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to decide if Medibank Private Limited will be following its current price movements.
Auto-correlation | 0.04 |
Virtually no predictability
Medibank Private Limited has virtually no predictability. Overlapping area represents the amount of predictability between Medibank Private 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 Medibank Private price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Medibank Private price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Medibank Private lagged returns against current returns
Autocorrelation, which is Medibank Private 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 Medibank Private's stock expected returns. We can calculate the autocorrelation of Medibank Private returns to help us make a trade decision. For example, suppose you find that Medibank Private 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 |
Medibank Private 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 Medibank Private stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Medibank Private stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Medibank Private stock over time.
Current vs Lagged Prices |
| Timeline |
Medibank Private Lagged Returns
When evaluating Medibank Private's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Medibank Private stock have on its future price. Medibank Private 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, Medibank Private autocorrelation shows the relationship between Medibank Private stock current value and its past values and can show if there is a momentum factor associated with investing in Medibank Private Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Medibank Stock
Medibank Private financial ratios help investors to determine whether Medibank 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 Medibank with respect to the benefits of owning Medibank Private security.