Gruppo MutuiOnline (UK) Market Value
| 0O2B Stock | 39.60 1.55 4.07% |
| Symbol | Gruppo |
Gruppo MutuiOnline '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 Gruppo MutuiOnline'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 Gruppo MutuiOnline.
| 12/26/2022 |
| 12/15/2024 |
If you would invest 0.00 in Gruppo MutuiOnline on December 26, 2022 and sell it all today you would earn a total of 0.00 from holding Gruppo MutuiOnline SpA or generate 0.0% return on investment in Gruppo MutuiOnline over 720 days. Gruppo MutuiOnline is related to or competes with Bisichi Mining, Concurrent Technologies, Anglesey Mining, Neometals, Batm Advanced, Gamma Communications, and Metals Exploration. Gruppo MutuiOnline is entity of United Kingdom More
Gruppo MutuiOnline 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 Gruppo MutuiOnline'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 Gruppo MutuiOnline SpA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.08 | |||
| Information Ratio | 0.0797 | |||
| Maximum Drawdown | 22.94 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 6.04 |
Gruppo MutuiOnline Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gruppo MutuiOnline's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gruppo MutuiOnline's standard deviation. In reality, there are many statistical measures that can use Gruppo MutuiOnline historical prices to predict the future Gruppo MutuiOnline's volatility.| Risk Adjusted Performance | 0.086 | |||
| Jensen Alpha | 0.3682 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0925 | |||
| Treynor Ratio | 4.85 |
Gruppo MutuiOnline SpA Backtested Returns
Gruppo MutuiOnline appears to be very steady, given 3 months investment horizon. Gruppo MutuiOnline SpA holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had a 0.19% return per unit of risk over the last 3 months. By evaluating Gruppo MutuiOnline's technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please utilize Gruppo MutuiOnline's Downside Deviation of 3.08, market risk adjusted performance of 4.86, and Risk Adjusted Performance of 0.086 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gruppo MutuiOnline holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of 0.0773, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gruppo MutuiOnline's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gruppo MutuiOnline is expected to be smaller as well. Please check Gruppo MutuiOnline's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Gruppo MutuiOnline's current trending patterns will revert.
Auto-correlation | 0.12 |
Insignificant predictability
Gruppo MutuiOnline SpA has insignificant predictability. Overlapping area represents the amount of predictability between Gruppo MutuiOnline time series from 26th of December 2022 to 21st of December 2023 and 21st of December 2023 to 15th 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 Gruppo MutuiOnline SpA price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Gruppo MutuiOnline price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 34.65 |
Gruppo MutuiOnline SpA lagged returns against current returns
Autocorrelation, which is Gruppo MutuiOnline 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 Gruppo MutuiOnline's stock expected returns. We can calculate the autocorrelation of Gruppo MutuiOnline returns to help us make a trade decision. For example, suppose you find that Gruppo MutuiOnline 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 |
Gruppo MutuiOnline 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 Gruppo MutuiOnline stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gruppo MutuiOnline stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gruppo MutuiOnline stock over time.
Current vs Lagged Prices |
| Timeline |
Gruppo MutuiOnline Lagged Returns
When evaluating Gruppo MutuiOnline's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gruppo MutuiOnline stock have on its future price. Gruppo MutuiOnline 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, Gruppo MutuiOnline autocorrelation shows the relationship between Gruppo MutuiOnline stock current value and its past values and can show if there is a momentum factor associated with investing in Gruppo MutuiOnline SpA.
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 Gruppo Stock Analysis
When running Gruppo MutuiOnline's price analysis, check to measure Gruppo MutuiOnline'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 Gruppo MutuiOnline is operating at the current time. Most of Gruppo MutuiOnline's value examination focuses on studying past and present price action to predict the probability of Gruppo MutuiOnline's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gruppo MutuiOnline's price. Additionally, you may evaluate how the addition of Gruppo MutuiOnline to your portfolios can decrease your overall portfolio volatility.