Metro Retail (Philippines) Market Value
| MRSGI Stock | 1.19 0.01 0.83% |
| Symbol | Metro |
Metro Retail '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 Metro Retail'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 Metro Retail.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Metro Retail on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Metro Retail Stores or generate 0.0% return on investment in Metro Retail over 720 days. Metro Retail is related to or competes with Allhome Corp, Jollibee Foods, Monde Nissin, and Benguet Corp. More
Metro Retail 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 Metro Retail'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 Metro Retail Stores upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 9.13 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.61 |
Metro Retail Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metro Retail's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metro Retail's standard deviation. In reality, there are many statistical measures that can use Metro Retail historical prices to predict the future Metro Retail's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.68) |
Metro Retail Stores Backtested Returns
Metro Retail Stores has Sharpe Ratio of -0.0302, which conveys that the firm had a -0.0302% return per unit of risk over the last 3 months. Metro Retail exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Metro Retail's Risk Adjusted Performance of (0.01), mean deviation of 1.12, and Standard Deviation of 1.64 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0684, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Metro Retail's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metro Retail is expected to be smaller as well. At this point, Metro Retail Stores has a negative expected return of -0.0438%. Please make sure to verify Metro Retail's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Metro Retail Stores performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.54 |
Modest predictability
Metro Retail Stores has modest predictability. Overlapping area represents the amount of predictability between Metro Retail time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Metro Retail Stores price movement. The serial correlation of 0.54 indicates that about 54.0% of current Metro Retail price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Metro Retail Stores lagged returns against current returns
Autocorrelation, which is Metro Retail 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 Metro Retail's stock expected returns. We can calculate the autocorrelation of Metro Retail returns to help us make a trade decision. For example, suppose you find that Metro Retail 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 |
Metro Retail 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 Metro Retail stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metro Retail stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metro Retail stock over time.
Current vs Lagged Prices |
| Timeline |
Metro Retail Lagged Returns
When evaluating Metro Retail's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metro Retail stock have on its future price. Metro Retail 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, Metro Retail autocorrelation shows the relationship between Metro Retail stock current value and its past values and can show if there is a momentum factor associated with investing in Metro Retail Stores.
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 Metro Stock Analysis
When running Metro Retail's price analysis, check to measure Metro Retail'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 Metro Retail is operating at the current time. Most of Metro Retail's value examination focuses on studying past and present price action to predict the probability of Metro Retail's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metro Retail's price. Additionally, you may evaluate how the addition of Metro Retail to your portfolios can decrease your overall portfolio volatility.