Mach7 Technologies (Australia) Market Value
| M7T Stock | 0.36 0.01 2.70% |
| Symbol | Mach7 |
Mach7 Technologies '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 Mach7 Technologies' 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 Mach7 Technologies.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Mach7 Technologies on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Mach7 Technologies or generate 0.0% return on investment in Mach7 Technologies over 30 days. Mach7 Technologies is related to or competes with Aneka Tambang, BHP Group, Commonwealth Bank, Commonwealth Bank, Commonwealth Bank, Commonwealth Bank, and Rio Tinto. Mach7 Technologies is entity of Australia More
Mach7 Technologies 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 Mach7 Technologies' 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 Mach7 Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 13.1 | |||
| Value At Risk | (5.36) | |||
| Potential Upside | 2.78 |
Mach7 Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mach7 Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mach7 Technologies' standard deviation. In reality, there are many statistical measures that can use Mach7 Technologies historical prices to predict the future Mach7 Technologies' volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.67) | |||
| Total Risk Alpha | (1.03) | |||
| Treynor Ratio | (2.06) |
Mach7 Technologies Backtested Returns
Mach7 Technologies has Sharpe Ratio of -0.22, which conveys that the firm had a -0.22% return per unit of risk over the last 3 months. Mach7 Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mach7 Technologies' Mean Deviation of 2.14, standard deviation of 2.91, and Risk Adjusted Performance of (0.16) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.31, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mach7 Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Mach7 Technologies is expected to be smaller as well. At this point, Mach7 Technologies has a negative expected return of -0.63%. Please make sure to verify Mach7 Technologies' coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Mach7 Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.05 |
Very weak reverse predictability
Mach7 Technologies has very weak reverse predictability. Overlapping area represents the amount of predictability between Mach7 Technologies time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Mach7 Technologies price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Mach7 Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mach7 Technologies lagged returns against current returns
Autocorrelation, which is Mach7 Technologies 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 Mach7 Technologies' stock expected returns. We can calculate the autocorrelation of Mach7 Technologies returns to help us make a trade decision. For example, suppose you find that Mach7 Technologies 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 |
Mach7 Technologies 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 Mach7 Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mach7 Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mach7 Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Mach7 Technologies Lagged Returns
When evaluating Mach7 Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mach7 Technologies stock have on its future price. Mach7 Technologies 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, Mach7 Technologies autocorrelation shows the relationship between Mach7 Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Mach7 Technologies.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Mach7 Stock Analysis
When running Mach7 Technologies' price analysis, check to measure Mach7 Technologies' 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 Mach7 Technologies is operating at the current time. Most of Mach7 Technologies' value examination focuses on studying past and present price action to predict the probability of Mach7 Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mach7 Technologies' price. Additionally, you may evaluate how the addition of Mach7 Technologies to your portfolios can decrease your overall portfolio volatility.