MSCI WORLD (Germany) Market Value
| PQIA Stock | 78.50 1.00 1.26% |
| Symbol | MSCI |
MSCI WORLD '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 MSCI WORLD'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 MSCI WORLD.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in MSCI WORLD on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding MSCI WORLD CLIMATE or generate 0.0% return on investment in MSCI WORLD over 30 days.
MSCI WORLD 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 MSCI WORLD'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 MSCI WORLD CLIMATE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.79 | |||
| Information Ratio | 0.1056 | |||
| Maximum Drawdown | 26.55 | |||
| Value At Risk | (4.52) | |||
| Potential Upside | 5.08 |
MSCI WORLD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MSCI WORLD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MSCI WORLD's standard deviation. In reality, there are many statistical measures that can use MSCI WORLD historical prices to predict the future MSCI WORLD's volatility.| Risk Adjusted Performance | 0.1163 | |||
| Jensen Alpha | 0.5402 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.1441 | |||
| Treynor Ratio | (6.44) |
MSCI WORLD CLIMATE Backtested Returns
MSCI WORLD appears to be very steady, given 3 months investment horizon. MSCI WORLD CLIMATE retains Efficiency (Sharpe Ratio) of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing MSCI WORLD's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please exercise MSCI WORLD's Market Risk Adjusted Performance of (6.43), mean deviation of 2.35, and Semi Deviation of 2.24 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MSCI WORLD holds a performance score of 10. The company owns a Beta (Systematic Risk) of -0.0822, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MSCI WORLD are expected to decrease at a much lower rate. During the bear market, MSCI WORLD is likely to outperform the market. Please check MSCI WORLD's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether MSCI WORLD's current price history will revert.
Auto-correlation | 0.64 |
Good predictability
MSCI WORLD CLIMATE has good predictability. Overlapping area represents the amount of predictability between MSCI WORLD time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 MSCI WORLD CLIMATE price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current MSCI WORLD price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 3.51 |
MSCI WORLD CLIMATE lagged returns against current returns
Autocorrelation, which is MSCI WORLD 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 MSCI WORLD's stock expected returns. We can calculate the autocorrelation of MSCI WORLD returns to help us make a trade decision. For example, suppose you find that MSCI WORLD 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 |
MSCI WORLD 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 MSCI WORLD stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MSCI WORLD stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MSCI WORLD stock over time.
Current vs Lagged Prices |
| Timeline |
MSCI WORLD Lagged Returns
When evaluating MSCI WORLD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MSCI WORLD stock have on its future price. MSCI WORLD 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, MSCI WORLD autocorrelation shows the relationship between MSCI WORLD stock current value and its past values and can show if there is a momentum factor associated with investing in MSCI WORLD CLIMATE.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for MSCI Stock Analysis
When running MSCI WORLD's price analysis, check to measure MSCI WORLD'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 MSCI WORLD is operating at the current time. Most of MSCI WORLD's value examination focuses on studying past and present price action to predict the probability of MSCI WORLD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MSCI WORLD's price. Additionally, you may evaluate how the addition of MSCI WORLD to your portfolios can decrease your overall portfolio volatility.