Metrics Master (Australia) Market Value
| MXT Stock | 2.09 0.01 0.48% |
| Symbol | Metrics |
Metrics Master '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 Metrics Master'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 Metrics Master.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Metrics Master on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Metrics Master Income or generate 0.0% return on investment in Metrics Master over 30 days. Metrics Master is related to or competes with Red Hill, Mount Gibson, MotorCycle Holdings, Regal Investment, Alternative Investment, and Bluescope Steel. Metrics Master is entity of Australia. It is traded as Stock on AU exchange. More
Metrics Master 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 Metrics Master'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 Metrics Master Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5889 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.41 | |||
| Value At Risk | (0.49) | |||
| Potential Upside | 0.9615 |
Metrics Master Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metrics Master's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metrics Master's standard deviation. In reality, there are many statistical measures that can use Metrics Master historical prices to predict the future Metrics Master's volatility.| Risk Adjusted Performance | 0.0827 | |||
| Jensen Alpha | 0.0479 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (1.02) |
Metrics Master Income Backtested Returns
Currently, Metrics Master Income is not too volatile. Metrics Master Income has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Metrics Master, which you can use to evaluate the volatility of the firm. Please verify Metrics Master's Mean Deviation of 0.3236, downside deviation of 0.5889, and Risk Adjusted Performance of 0.0827 to check out if the risk estimate we provide is consistent with the expected return of 0.046%. Metrics Master has a performance score of 8 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0419, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Metrics Master are expected to decrease at a much lower rate. During the bear market, Metrics Master is likely to outperform the market. Metrics Master Income right now secures a risk of 0.45%. Please verify Metrics Master Income maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Metrics Master Income will be following its current price movements.
Auto-correlation | -0.24 |
Weak reverse predictability
Metrics Master Income has weak reverse predictability. Overlapping area represents the amount of predictability between Metrics Master 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 Metrics Master Income price movement. The serial correlation of -0.24 indicates that over 24.0% of current Metrics Master price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Metrics Master Income lagged returns against current returns
Autocorrelation, which is Metrics Master 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 Metrics Master's stock expected returns. We can calculate the autocorrelation of Metrics Master returns to help us make a trade decision. For example, suppose you find that Metrics Master 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 |
Metrics Master 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 Metrics Master stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metrics Master stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metrics Master stock over time.
Current vs Lagged Prices |
| Timeline |
Metrics Master Lagged Returns
When evaluating Metrics Master's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metrics Master stock have on its future price. Metrics Master 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, Metrics Master autocorrelation shows the relationship between Metrics Master stock current value and its past values and can show if there is a momentum factor associated with investing in Metrics Master Income.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Metrics Stock Analysis
When running Metrics Master's price analysis, check to measure Metrics Master'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 Metrics Master is operating at the current time. Most of Metrics Master's value examination focuses on studying past and present price action to predict the probability of Metrics Master's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Metrics Master's price. Additionally, you may evaluate how the addition of Metrics Master to your portfolios can decrease your overall portfolio volatility.