MONGOLIA ENERG (Germany) Market Value
| NWW Stock | EUR 0.07 0 2.01% |
| Symbol | MONGOLIA |
MONGOLIA ENERG '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 MONGOLIA ENERG'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 MONGOLIA ENERG.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in MONGOLIA ENERG on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding MONGOLIA ENERG HD 02 or generate 0.0% return on investment in MONGOLIA ENERG over 720 days. MONGOLIA ENERG is related to or competes with Media, Tyson Foods, National Beverage, Penn National, GAMESTOP, and HOCHSCHILD MINING. More
MONGOLIA ENERG 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 MONGOLIA ENERG'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 MONGOLIA ENERG HD 02 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.14 | |||
| Information Ratio | 0.0813 | |||
| Maximum Drawdown | 26.23 | |||
| Value At Risk | (8.06) | |||
| Potential Upside | 13.56 |
MONGOLIA ENERG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MONGOLIA ENERG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MONGOLIA ENERG's standard deviation. In reality, there are many statistical measures that can use MONGOLIA ENERG historical prices to predict the future MONGOLIA ENERG's volatility.| Risk Adjusted Performance | 0.0879 | |||
| Jensen Alpha | 0.6172 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.0978 | |||
| Treynor Ratio | 6.25 |
MONGOLIA ENERG HD Backtested Returns
MONGOLIA ENERG appears to be out of control, given 3 months investment horizon. MONGOLIA ENERG HD has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of volatility over the last 3 months. By inspecting MONGOLIA ENERG's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please exercise MONGOLIA ENERG's risk adjusted performance of 0.0879, and Mean Deviation of 4.73 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MONGOLIA ENERG holds a performance score of 9. The company secures a Beta (Market Risk) of 0.1, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MONGOLIA ENERG's returns are expected to increase less than the market. However, during the bear market, the loss of holding MONGOLIA ENERG is expected to be smaller as well. Please check MONGOLIA ENERG's total risk alpha, value at risk, expected short fall, as well as the relationship between the treynor ratio and downside variance , to make a quick decision on whether MONGOLIA ENERG's current price movements will revert.
Auto-correlation | -0.17 |
Insignificant reverse predictability
MONGOLIA ENERG HD 02 has insignificant reverse predictability. Overlapping area represents the amount of predictability between MONGOLIA ENERG time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 MONGOLIA ENERG HD price movement. The serial correlation of -0.17 indicates that over 17.0% of current MONGOLIA ENERG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MONGOLIA ENERG HD lagged returns against current returns
Autocorrelation, which is MONGOLIA ENERG 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 MONGOLIA ENERG's stock expected returns. We can calculate the autocorrelation of MONGOLIA ENERG returns to help us make a trade decision. For example, suppose you find that MONGOLIA ENERG 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 |
MONGOLIA ENERG 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 MONGOLIA ENERG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MONGOLIA ENERG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MONGOLIA ENERG stock over time.
Current vs Lagged Prices |
| Timeline |
MONGOLIA ENERG Lagged Returns
When evaluating MONGOLIA ENERG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MONGOLIA ENERG stock have on its future price. MONGOLIA ENERG 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, MONGOLIA ENERG autocorrelation shows the relationship between MONGOLIA ENERG stock current value and its past values and can show if there is a momentum factor associated with investing in MONGOLIA ENERG HD 02.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MONGOLIA Stock
MONGOLIA ENERG financial ratios help investors to determine whether MONGOLIA 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 MONGOLIA with respect to the benefits of owning MONGOLIA ENERG security.