Metso Outotec (Germany) Market Value

M6Q Stock  EUR 8.86  0.13  1.45%   
Metso Outotec's market value is the price at which a share of Metso Outotec trades on a public exchange. It measures the collective expectations of Metso Outotec Oyj investors about its performance. Metso Outotec is trading at 8.86 as of the 23rd of December 2024. This is a 1.45 percent decrease since the beginning of the trading day. The stock's lowest day price was 8.86.
With this module, you can estimate the performance of a buy and hold strategy of Metso Outotec Oyj and determine expected loss or profit from investing in Metso Outotec over a given investment horizon. Check out Metso Outotec Correlation, Metso Outotec Volatility and Metso Outotec Alpha and Beta module to complement your research on Metso Outotec.
Symbol

Please note, there is a significant difference between Metso Outotec's value and its price as these two are different measures arrived at by different means. Investors typically determine if Metso Outotec is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Metso Outotec's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Metso Outotec '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 Metso Outotec'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 Metso Outotec.
0.00
09/24/2024
No Change 0.00  0.0 
In 2 months and 31 days
12/23/2024
0.00
If you would invest  0.00  in Metso Outotec on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Metso Outotec Oyj or generate 0.0% return on investment in Metso Outotec over 90 days. Metso Outotec is related to or competes with Caterpillar, Caterpillar, Deere, AB Volvo, VOLVO B, Daimler Truck, and KOMATSU. Metso Outotec Oyj provides sustainable technologies, end-to-end solutions, and services for minerals processing, aggrega... More

Metso Outotec 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 Metso Outotec'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 Metso Outotec Oyj upside and downside potential and time the market with a certain degree of confidence.

Metso Outotec Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Metso Outotec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metso Outotec's standard deviation. In reality, there are many statistical measures that can use Metso Outotec historical prices to predict the future Metso Outotec's volatility.
Hype
Prediction
LowEstimatedHigh
7.008.8610.72
Details
Intrinsic
Valuation
LowRealHigh
6.848.7010.56
Details

Metso Outotec Oyj Backtested Returns

At this point, Metso Outotec is not too volatile. Metso Outotec Oyj has Sharpe Ratio of 0.0499, which conveys that the firm had a 0.0499% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Metso Outotec, which you can use to evaluate the volatility of the firm. Please verify Metso Outotec's Risk Adjusted Performance of 0.024, mean deviation of 1.38, and Downside Deviation of 1.86 to check out if the risk estimate we provide is consistent with the expected return of 0.0938%. Metso Outotec has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0203, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Metso Outotec's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metso Outotec is expected to be smaller as well. Metso Outotec Oyj right now secures a risk of 1.88%. Please verify Metso Outotec Oyj maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Metso Outotec Oyj will be following its current price movements.

Auto-correlation

    
  -0.68  

Very good reverse predictability

Metso Outotec Oyj has very good reverse predictability. Overlapping area represents the amount of predictability between Metso Outotec time series from 24th of September 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Metso Outotec Oyj price movement. The serial correlation of -0.68 indicates that around 68.0% of current Metso Outotec price fluctuation can be explain by its past prices.
Correlation Coefficient-0.68
Spearman Rank Test-0.15
Residual Average0.0
Price Variance0.14

Metso Outotec Oyj lagged returns against current returns

Autocorrelation, which is Metso Outotec 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 Metso Outotec's stock expected returns. We can calculate the autocorrelation of Metso Outotec returns to help us make a trade decision. For example, suppose you find that Metso Outotec 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  

Metso Outotec 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 Metso Outotec stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metso Outotec stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metso Outotec stock over time.
   Current vs Lagged Prices   
       Timeline  

Metso Outotec Lagged Returns

When evaluating Metso Outotec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metso Outotec stock have on its future price. Metso Outotec 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, Metso Outotec autocorrelation shows the relationship between Metso Outotec stock current value and its past values and can show if there is a momentum factor associated with investing in Metso Outotec Oyj.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Metso Stock

Metso Outotec financial ratios help investors to determine whether Metso 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 Metso with respect to the benefits of owning Metso Outotec security.