Masood Textile (Pakistan) Market Value
| MSOT Stock | 51.51 0.49 0.94% |
| Symbol | Masood |
Masood Textile '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 Masood Textile'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 Masood Textile.
| 02/14/2023 |
| 02/03/2025 |
If you would invest 0.00 in Masood Textile on February 14, 2023 and sell it all today you would earn a total of 0.00 from holding Masood Textile Mills or generate 0.0% return on investment in Masood Textile over 720 days. Masood Textile is related to or competes with Invest Capital, Pakistan Reinsurance, Shaheen Insurance, JS Bank, Atlas Insurance, and Silkbank. More
Masood Textile 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 Masood Textile'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 Masood Textile Mills upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.07 | |||
| Information Ratio | 0.1005 | |||
| Maximum Drawdown | 19.75 | |||
| Value At Risk | (6.83) | |||
| Potential Upside | 9.84 |
Masood Textile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Masood Textile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Masood Textile's standard deviation. In reality, there are many statistical measures that can use Masood Textile historical prices to predict the future Masood Textile's volatility.| Risk Adjusted Performance | 0.1084 | |||
| Jensen Alpha | 0.5131 | |||
| Total Risk Alpha | 0.1441 | |||
| Sortino Ratio | 0.0805 | |||
| Treynor Ratio | (0.90) |
Masood Textile Mills Backtested Returns
Masood Textile appears to be very steady, given 3 months investment horizon. Masood Textile Mills has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Masood Textile, which you can use to evaluate the volatility of the firm. Please exercise Masood Textile's Mean Deviation of 2.49, risk adjusted performance of 0.1084, and Downside Deviation of 5.07 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Masood Textile holds a performance score of 9. The company secures a Beta (Market Risk) of -0.53, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Masood Textile are expected to decrease at a much lower rate. During the bear market, Masood Textile is likely to outperform the market. Please check Masood Textile's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Masood Textile's current price movements will revert.
Auto-correlation | 0.01 |
Virtually no predictability
Masood Textile Mills has virtually no predictability. Overlapping area represents the amount of predictability between Masood Textile time series from 14th of February 2023 to 9th of February 2024 and 9th of February 2024 to 3rd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Masood Textile Mills price movement. The serial correlation of 0.01 indicates that just 1.0% of current Masood Textile price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 32.96 |
Masood Textile Mills lagged returns against current returns
Autocorrelation, which is Masood Textile 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 Masood Textile's stock expected returns. We can calculate the autocorrelation of Masood Textile returns to help us make a trade decision. For example, suppose you find that Masood Textile 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 |
Masood Textile 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 Masood Textile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Masood Textile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Masood Textile stock over time.
Current vs Lagged Prices |
| Timeline |
Masood Textile Lagged Returns
When evaluating Masood Textile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Masood Textile stock have on its future price. Masood Textile 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, Masood Textile autocorrelation shows the relationship between Masood Textile stock current value and its past values and can show if there is a momentum factor associated with investing in Masood Textile Mills.
Regressed Prices |
| Timeline |
Pair Trading with Masood Textile
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 Masood Textile 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 Masood Textile will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Masood Textile could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Masood Textile 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 Masood Textile - 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 Masood Textile Mills to buy it.
The correlation of Masood Textile 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 Masood Textile moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Masood Textile Mills 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 Masood Textile 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 Masood Stock
Masood Textile financial ratios help investors to determine whether Masood 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 Masood with respect to the benefits of owning Masood Textile security.