Masterflex (Germany) Market Value
| MZX Stock | 8.66 0.06 0.70% |
| Symbol | Masterflex |
Masterflex '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 Masterflex'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 Masterflex.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Masterflex on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Masterflex SE or generate 0.0% return on investment in Masterflex over 90 days. Masterflex is related to or competes with AAC TECHNOLOGHLDGADR, Cars, CARSALESCOM, WIZZ AIR, and Corsair Gaming. More
Masterflex 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 Masterflex'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 Masterflex SE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 7.86 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 2.12 |
Masterflex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Masterflex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Masterflex's standard deviation. In reality, there are many statistical measures that can use Masterflex historical prices to predict the future Masterflex's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | 3.88 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Masterflex's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Masterflex SE Backtested Returns
Masterflex SE has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. Masterflex exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Masterflex's Standard Deviation of 1.75, risk adjusted performance of (0.13), and Mean Deviation of 1.32 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0805, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Masterflex are expected to decrease at a much lower rate. During the bear market, Masterflex is likely to outperform the market. At this point, Masterflex SE has a negative expected return of -0.3%. Please make sure to verify Masterflex's maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Masterflex SE performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.72 |
Good predictability
Masterflex SE has good predictability. Overlapping area represents the amount of predictability between Masterflex time series from 29th of August 2024 to 13th of October 2024 and 13th of October 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 Masterflex SE price movement. The serial correlation of 0.72 indicates that around 72.0% of current Masterflex price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Masterflex SE lagged returns against current returns
Autocorrelation, which is Masterflex 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 Masterflex's stock expected returns. We can calculate the autocorrelation of Masterflex returns to help us make a trade decision. For example, suppose you find that Masterflex 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 |
Masterflex 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 Masterflex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Masterflex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Masterflex stock over time.
Current vs Lagged Prices |
| Timeline |
Masterflex Lagged Returns
When evaluating Masterflex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Masterflex stock have on its future price. Masterflex 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, Masterflex autocorrelation shows the relationship between Masterflex stock current value and its past values and can show if there is a momentum factor associated with investing in Masterflex SE.
Regressed Prices |
| Timeline |
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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.Additional Tools for Masterflex Stock Analysis
When running Masterflex's price analysis, check to measure Masterflex'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 Masterflex is operating at the current time. Most of Masterflex's value examination focuses on studying past and present price action to predict the probability of Masterflex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Masterflex's price. Additionally, you may evaluate how the addition of Masterflex to your portfolios can decrease your overall portfolio volatility.