MT Bank (Germany) Market Value
| MTZ Stock | EUR 210.90 0.40 0.19% |
| Symbol | MTZ |
MT Bank '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 MT Bank'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 MT Bank.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in MT Bank on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding MT Bank Corp or generate 0.0% return on investment in MT Bank over 30 days. MT Bank is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. MT Bank Corporation operates as the holding company for Manufacturers and Traders Trust Company and Wilmington Trust, Na... More
MT Bank 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 MT Bank'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 MT Bank Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.53 | |||
| Information Ratio | 0.1935 | |||
| Maximum Drawdown | 15.77 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 3.82 |
MT Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MT Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MT Bank's standard deviation. In reality, there are many statistical measures that can use MT Bank historical prices to predict the future MT Bank's volatility.| Risk Adjusted Performance | 0.1989 | |||
| Jensen Alpha | 0.442 | |||
| Total Risk Alpha | 0.2033 | |||
| Sortino Ratio | 0.2795 | |||
| Treynor Ratio | 0.6208 |
MT Bank Corp Backtested Returns
MT Bank appears to be very steady, given 3 months investment horizon. MT Bank Corp retains Efficiency (Sharpe Ratio) of 0.24, which conveys that the firm had a 0.24% return per unit of price deviation over the last 3 months. By analyzing MT Bank's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please exercise MT Bank's Mean Deviation of 1.48, standard deviation of 2.21, and Market Risk Adjusted Performance of 0.6308 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MT Bank holds a performance score of 19. The company owns a Beta (Systematic Risk) of 0.88, which conveys possible diversification benefits within a given portfolio. MT Bank returns are very sensitive to returns on the market. As the market goes up or down, MT Bank is expected to follow. Please check MT Bank's semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether MT Bank's current price history will revert.
Auto-correlation | 0.71 |
Good predictability
MT Bank Corp has good predictability. Overlapping area represents the amount of predictability between MT Bank time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 MT Bank Corp price movement. The serial correlation of 0.71 indicates that around 71.0% of current MT Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 18.37 |
MT Bank Corp lagged returns against current returns
Autocorrelation, which is MT Bank 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 MT Bank's stock expected returns. We can calculate the autocorrelation of MT Bank returns to help us make a trade decision. For example, suppose you find that MT Bank 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 |
MT Bank 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 MT Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MT Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MT Bank stock over time.
Current vs Lagged Prices |
| Timeline |
MT Bank Lagged Returns
When evaluating MT Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MT Bank stock have on its future price. MT Bank 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, MT Bank autocorrelation shows the relationship between MT Bank stock current value and its past values and can show if there is a momentum factor associated with investing in MT Bank Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MTZ Stock
MT Bank financial ratios help investors to determine whether MTZ 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 MTZ with respect to the benefits of owning MT Bank security.