Marvel Gold (Australia) Market Value
| MVL Stock | 0.01 0 10.00% |
| Symbol | Marvel |
Marvel Gold '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 Marvel Gold'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 Marvel Gold.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Marvel Gold on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Marvel Gold or generate 0.0% return on investment in Marvel Gold over 210 days. Marvel Gold is related to or competes with Autosports, Austco Healthcare, Macquarie Bank, and Pioneer Credit. Marvel Gold is entity of Australia. It is traded as Stock on AU exchange. More
Marvel Gold 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 Marvel Gold'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 Marvel Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.44 | |||
| Information Ratio | 0.0422 | |||
| Maximum Drawdown | 43.94 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 12.5 |
Marvel Gold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marvel Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marvel Gold's standard deviation. In reality, there are many statistical measures that can use Marvel Gold historical prices to predict the future Marvel Gold's volatility.| Risk Adjusted Performance | 0.0549 | |||
| Jensen Alpha | 0.4993 | |||
| Total Risk Alpha | (0.83) | |||
| Sortino Ratio | 0.0285 | |||
| Treynor Ratio | (1.25) |
Marvel Gold Backtested Returns
Marvel Gold appears to be out of control, given 3 months investment horizon. Marvel Gold has Sharpe Ratio of 0.0629, which conveys that the firm had a 0.0629% return per unit of risk over the last 3 months. By analyzing Marvel Gold's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please exercise Marvel Gold's Risk Adjusted Performance of 0.0549, downside deviation of 11.44, and Mean Deviation of 4.45 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Marvel Gold holds a performance score of 4. The company secures a Beta (Market Risk) of -0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Marvel Gold are expected to decrease at a much lower rate. During the bear market, Marvel Gold is likely to outperform the market. Please check Marvel Gold's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Marvel Gold's current price movements will revert.
Auto-correlation | -0.32 |
Poor reverse predictability
Marvel Gold has poor reverse predictability. Overlapping area represents the amount of predictability between Marvel Gold 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 Marvel Gold price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Marvel Gold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Marvel Gold lagged returns against current returns
Autocorrelation, which is Marvel Gold 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 Marvel Gold's stock expected returns. We can calculate the autocorrelation of Marvel Gold returns to help us make a trade decision. For example, suppose you find that Marvel Gold 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 |
Marvel Gold 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 Marvel Gold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marvel Gold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marvel Gold stock over time.
Current vs Lagged Prices |
| Timeline |
Marvel Gold Lagged Returns
When evaluating Marvel Gold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marvel Gold stock have on its future price. Marvel Gold 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, Marvel Gold autocorrelation shows the relationship between Marvel Gold stock current value and its past values and can show if there is a momentum factor associated with investing in Marvel Gold.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Marvel Stock Analysis
When running Marvel Gold's price analysis, check to measure Marvel Gold'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 Marvel Gold is operating at the current time. Most of Marvel Gold's value examination focuses on studying past and present price action to predict the probability of Marvel Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marvel Gold's price. Additionally, you may evaluate how the addition of Marvel Gold to your portfolios can decrease your overall portfolio volatility.