Matba Rofex (Argentina) Market Value
| MTR Stock | ARS 2,555 115.00 4.71% |
| Symbol | Matba |
Matba Rofex '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 Matba Rofex'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 Matba Rofex.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Matba Rofex on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Matba Rofex SA or generate 0.0% return on investment in Matba Rofex over 150 days. Matba Rofex is related to or competes with Compania, Agrometal SAI, United States, Transportadora, Telecom Argentina, and Harmony Gold. Matba Rofex S.A. operates a framework for futures and options trading More
Matba Rofex 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 Matba Rofex'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 Matba Rofex SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.57 | |||
| Information Ratio | 0.0229 | |||
| Maximum Drawdown | 14.15 | |||
| Value At Risk | (3.90) | |||
| Potential Upside | 4.38 |
Matba Rofex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Matba Rofex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Matba Rofex's standard deviation. In reality, there are many statistical measures that can use Matba Rofex historical prices to predict the future Matba Rofex's volatility.| Risk Adjusted Performance | 0.0588 | |||
| Jensen Alpha | 0.1488 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0227 | |||
| Treynor Ratio | (20.01) |
Matba Rofex SA Backtested Returns
At this point, Matba Rofex is very steady. Matba Rofex SA has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Matba Rofex, which you can use to evaluate the volatility of the firm. Please verify Matba Rofex's Downside Deviation of 2.57, mean deviation of 1.83, and Risk Adjusted Performance of 0.0588 to check out if the risk estimate we provide is consistent with the expected return of 0.0183%. The company secures a Beta (Market Risk) of -0.0074, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Matba Rofex are expected to decrease at a much lower rate. During the bear market, Matba Rofex is likely to outperform the market. Matba Rofex SA right now secures a risk of 2.4%. Please verify Matba Rofex SA maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Matba Rofex SA will be following its current price movements.
Auto-correlation | -0.5 |
Modest reverse predictability
Matba Rofex SA has modest reverse predictability. Overlapping area represents the amount of predictability between Matba Rofex time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 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 Matba Rofex SA price movement. The serial correlation of -0.5 indicates that about 50.0% of current Matba Rofex price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 23.4 K |
Matba Rofex SA lagged returns against current returns
Autocorrelation, which is Matba Rofex 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 Matba Rofex's stock expected returns. We can calculate the autocorrelation of Matba Rofex returns to help us make a trade decision. For example, suppose you find that Matba Rofex 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 |
Matba Rofex 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 Matba Rofex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Matba Rofex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Matba Rofex stock over time.
Current vs Lagged Prices |
| Timeline |
Matba Rofex Lagged Returns
When evaluating Matba Rofex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Matba Rofex stock have on its future price. Matba Rofex 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, Matba Rofex autocorrelation shows the relationship between Matba Rofex stock current value and its past values and can show if there is a momentum factor associated with investing in Matba Rofex SA.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Matba Stock
Matba Rofex financial ratios help investors to determine whether Matba 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 Matba with respect to the benefits of owning Matba Rofex security.