Masan Group (Vietnam) Market Value
| MSN Stock | 73,200 800.00 1.10% |
| Symbol | Masan |
Masan Group '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 Masan Group'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 Masan Group.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Masan Group on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Masan Group Corp or generate 0.0% return on investment in Masan Group over 360 days. Masan Group is related to or competes with Vinhomes JSC, AgriBank Securities, Nam Kim, Techno Agricultural, BaoMinh Insurance, and Elcom Technology. More
Masan Group 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 Masan Group'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 Masan Group Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 6.64 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 2.19 |
Masan Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Masan Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Masan Group's standard deviation. In reality, there are many statistical measures that can use Masan Group historical prices to predict the future Masan Group's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.29) |
Masan Group Corp Backtested Returns
Masan Group Corp has Sharpe Ratio of -0.0295, which conveys that the firm had a -0.0295% return per unit of risk over the last 3 months. Masan Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Masan Group's Risk Adjusted Performance of (0.04), mean deviation of 0.9625, and Standard Deviation of 1.26 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Masan Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Masan Group is expected to be smaller as well. At this point, Masan Group Corp has a negative expected return of -0.0366%. Please make sure to verify Masan Group's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Masan Group Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Masan Group Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Masan Group time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 Masan Group Corp price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Masan Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 6.1 M |
Masan Group Corp lagged returns against current returns
Autocorrelation, which is Masan Group 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 Masan Group's stock expected returns. We can calculate the autocorrelation of Masan Group returns to help us make a trade decision. For example, suppose you find that Masan Group 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 |
Masan Group 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 Masan Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Masan Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Masan Group stock over time.
Current vs Lagged Prices |
| Timeline |
Masan Group Lagged Returns
When evaluating Masan Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Masan Group stock have on its future price. Masan Group 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, Masan Group autocorrelation shows the relationship between Masan Group stock current value and its past values and can show if there is a momentum factor associated with investing in Masan Group Corp.
Regressed Prices |
| Timeline |
Pair Trading with Masan Group
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 Masan Group 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 Masan Group will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Masan Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Masan Group 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 Masan Group - 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 Masan Group Corp to buy it.
The correlation of Masan Group 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 Masan Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Masan Group Corp 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 Masan Group 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 Masan Stock
Masan Group financial ratios help investors to determine whether Masan 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 Masan with respect to the benefits of owning Masan Group security.