MAROC TELECOM (Germany) Market Value
| MSPA Stock | 7.65 0.05 0.65% |
| Symbol | MAROC |
MAROC TELECOM '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 MAROC TELECOM'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 MAROC TELECOM.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in MAROC TELECOM on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding MAROC TELECOM or generate 0.0% return on investment in MAROC TELECOM over 210 days. MAROC TELECOM is related to or competes with TOTAL GABON, and Walgreens Boots. More
MAROC TELECOM 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 MAROC TELECOM'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 MAROC TELECOM upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.21 | |||
| Information Ratio | 0.1021 | |||
| Maximum Drawdown | 89.57 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 1.32 |
MAROC TELECOM Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MAROC TELECOM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MAROC TELECOM's standard deviation. In reality, there are many statistical measures that can use MAROC TELECOM historical prices to predict the future MAROC TELECOM's volatility.| Risk Adjusted Performance | 0.0971 | |||
| Jensen Alpha | 1.13 | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | 0.9065 | |||
| Treynor Ratio | 1.57 |
MAROC TELECOM Backtested Returns
MAROC TELECOM has Sharpe Ratio of -0.0563, which conveys that the company had a -0.0563% return per unit of volatility over the last 3 months. MAROC TELECOM exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MAROC TELECOM's Market Risk Adjusted Performance of 1.58, coefficient of variation of 870.54, and Mean Deviation of 2.71 to check out the risk estimate we provide. The firm secures a Beta (Market Risk) of 0.78, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MAROC TELECOM's returns are expected to increase less than the market. However, during the bear market, the loss of holding MAROC TELECOM is expected to be smaller as well. At this point, MAROC TELECOM has a negative expected return of -0.0545%. Please make sure to verify MAROC TELECOM's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if MAROC TELECOM performance from the past will be repeated in the future.
Auto-correlation | 0.40 |
Average predictability
MAROC TELECOM has average predictability. Overlapping area represents the amount of predictability between MAROC TELECOM time series from 6th of May 2024 to 19th of August 2024 and 19th of August 2024 to 2nd 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 MAROC TELECOM price movement. The serial correlation of 0.4 indicates that just about 40.0% of current MAROC TELECOM price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 1.61 |
MAROC TELECOM lagged returns against current returns
Autocorrelation, which is MAROC TELECOM 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 MAROC TELECOM's stock expected returns. We can calculate the autocorrelation of MAROC TELECOM returns to help us make a trade decision. For example, suppose you find that MAROC TELECOM 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 |
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MAROC TELECOM 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 MAROC TELECOM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MAROC TELECOM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MAROC TELECOM stock over time.
Current vs Lagged Prices |
| Timeline |
MAROC TELECOM Lagged Returns
When evaluating MAROC TELECOM's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MAROC TELECOM stock have on its future price. MAROC TELECOM 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, MAROC TELECOM autocorrelation shows the relationship between MAROC TELECOM stock current value and its past values and can show if there is a momentum factor associated with investing in MAROC TELECOM.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for MAROC Stock Analysis
When running MAROC TELECOM's price analysis, check to measure MAROC TELECOM'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 MAROC TELECOM is operating at the current time. Most of MAROC TELECOM's value examination focuses on studying past and present price action to predict the probability of MAROC TELECOM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MAROC TELECOM's price. Additionally, you may evaluate how the addition of MAROC TELECOM to your portfolios can decrease your overall portfolio volatility.