Microlink Solutions' market value is the price at which a share of Microlink Solutions trades on a public exchange. It measures the collective expectations of Microlink Solutions Bhd investors about its performance. Microlink Solutions is selling for 0.22 as of the 21st of December 2024. This is a 8.33 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.22. With this module, you can estimate the performance of a buy and hold strategy of Microlink Solutions Bhd and determine expected loss or profit from investing in Microlink Solutions over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Microlink
Microlink Solutions '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 Microlink Solutions' 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 Microlink Solutions.
0.00
01/01/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
12/21/2024
0.00
If you would invest 0.00 in Microlink Solutions on January 1, 2023 and sell it all today you would earn a total of 0.00 from holding Microlink Solutions Bhd or generate 0.0% return on investment in Microlink Solutions over 720 days.
Microlink Solutions 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 Microlink Solutions' 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 Microlink Solutions Bhd upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Microlink Solutions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Microlink Solutions' standard deviation. In reality, there are many statistical measures that can use Microlink Solutions historical prices to predict the future Microlink Solutions' volatility.
Microlink Solutions appears to be out of control, given 3 months investment horizon. Microlink Solutions Bhd has Sharpe Ratio of 0.0664, which conveys that the firm had a 0.0664% return per unit of risk over the last 3 months. By analyzing Microlink Solutions' technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please exercise Microlink Solutions' Risk Adjusted Performance of 0.0614, downside deviation of 8.27, and Mean Deviation of 6.11 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Microlink Solutions holds a performance score of 5. The company secures a Beta (Market Risk) of -1.28, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Microlink Solutions are expected to decrease by larger amounts. On the other hand, during market turmoil, Microlink Solutions is expected to outperform it. Please check Microlink Solutions' downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Microlink Solutions' current price movements will revert.
Auto-correlation
-0.21
Weak reverse predictability
Microlink Solutions Bhd has weak reverse predictability. Overlapping area represents the amount of predictability between Microlink Solutions time series from 1st of January 2023 to 27th of December 2023 and 27th of December 2023 to 21st 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 Microlink Solutions Bhd price movement. The serial correlation of -0.21 indicates that over 21.0% of current Microlink Solutions price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.21
Spearman Rank Test
-0.02
Residual Average
0.0
Price Variance
0.07
Microlink Solutions Bhd lagged returns against current returns
Autocorrelation, which is Microlink Solutions 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 Microlink Solutions' stock expected returns. We can calculate the autocorrelation of Microlink Solutions returns to help us make a trade decision. For example, suppose you find that Microlink Solutions 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
Microlink Solutions 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 Microlink Solutions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Microlink Solutions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Microlink Solutions stock over time.
Current vs Lagged Prices
Timeline
Microlink Solutions Lagged Returns
When evaluating Microlink Solutions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Microlink Solutions stock have on its future price. Microlink Solutions 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, Microlink Solutions autocorrelation shows the relationship between Microlink Solutions stock current value and its past values and can show if there is a momentum factor associated with investing in Microlink Solutions Bhd.
Regressed Prices
Timeline
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