MONEYSUPERMARKET (Germany) Market Value
| 39M Stock | 2.36 0.02 0.85% |
| Symbol | MONEYSUPERMARKET |
MONEYSUPERMARKET '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 MONEYSUPERMARKET'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 MONEYSUPERMARKET.
| 09/20/2024 |
| 12/19/2024 |
If you would invest 0.00 in MONEYSUPERMARKET on September 20, 2024 and sell it all today you would earn a total of 0.00 from holding MONEYSUPERMARKET or generate 0.0% return on investment in MONEYSUPERMARKET over 90 days. MONEYSUPERMARKET is related to or competes with Apple, Apple, Apple, and Microsoft. More
MONEYSUPERMARKET 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 MONEYSUPERMARKET'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 MONEYSUPERMARKET upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 11.24 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 2.46 |
MONEYSUPERMARKET Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MONEYSUPERMARKET's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MONEYSUPERMARKET's standard deviation. In reality, there are many statistical measures that can use MONEYSUPERMARKET historical prices to predict the future MONEYSUPERMARKET's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.70) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MONEYSUPERMARKET'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.
MONEYSUPERMARKET Backtested Returns
MONEYSUPERMARKET has Sharpe Ratio of -0.0213, which conveys that the firm had a -0.0213% return per unit of volatility over the last 3 months. MONEYSUPERMARKET exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MONEYSUPERMARKET's risk adjusted performance of (0.01), and Mean Deviation of 1.2 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0637, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MONEYSUPERMARKET's returns are expected to increase less than the market. However, during the bear market, the loss of holding MONEYSUPERMARKET is expected to be smaller as well. At this point, MONEYSUPERMARKET has a negative expected return of -0.037%. Please make sure to verify MONEYSUPERMARKET's total risk alpha, kurtosis, market facilitation index, as well as the relationship between the value at risk and rate of daily change , to decide if MONEYSUPERMARKET performance from the past will be repeated at future time.
Auto-correlation | -0.81 |
Excellent reverse predictability
MONEYSUPERMARKET has excellent reverse predictability. Overlapping area represents the amount of predictability between MONEYSUPERMARKET time series from 20th of September 2024 to 4th of November 2024 and 4th of November 2024 to 19th 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 MONEYSUPERMARKET price movement. The serial correlation of -0.81 indicates that around 81.0% of current MONEYSUPERMARKET price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MONEYSUPERMARKET lagged returns against current returns
Autocorrelation, which is MONEYSUPERMARKET 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 MONEYSUPERMARKET's stock expected returns. We can calculate the autocorrelation of MONEYSUPERMARKET returns to help us make a trade decision. For example, suppose you find that MONEYSUPERMARKET 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 |
MONEYSUPERMARKET 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 MONEYSUPERMARKET stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MONEYSUPERMARKET stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MONEYSUPERMARKET stock over time.
Current vs Lagged Prices |
| Timeline |
MONEYSUPERMARKET Lagged Returns
When evaluating MONEYSUPERMARKET's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MONEYSUPERMARKET stock have on its future price. MONEYSUPERMARKET 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, MONEYSUPERMARKET autocorrelation shows the relationship between MONEYSUPERMARKET stock current value and its past values and can show if there is a momentum factor associated with investing in MONEYSUPERMARKET.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for MONEYSUPERMARKET Stock Analysis
When running MONEYSUPERMARKET's price analysis, check to measure MONEYSUPERMARKET'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 MONEYSUPERMARKET is operating at the current time. Most of MONEYSUPERMARKET's value examination focuses on studying past and present price action to predict the probability of MONEYSUPERMARKET's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MONEYSUPERMARKET's price. Additionally, you may evaluate how the addition of MONEYSUPERMARKET to your portfolios can decrease your overall portfolio volatility.