MBG Group (Vietnam) Market Value
| MBG Stock | 3,400 100.00 2.86% |
| Symbol | MBG |
MBG Group '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 MBG Group'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 MBG Group.
| 02/07/2023 |
| 12/28/2024 |
If you would invest 0.00 in MBG Group on February 7, 2023 and sell it all today you would earn a total of 0.00 from holding MBG Group JSC or generate 0.0% return on investment in MBG Group over 690 days. MBG Group is related to or competes with FIT INVEST, Damsan JSC, An Phat, Alphanam, APG Securities, Binhthuan Agriculture, and Mekong Fisheries. More
MBG Group 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 MBG Group'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 MBG Group JSC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.23 | |||
| Information Ratio | 0.0187 | |||
| Maximum Drawdown | 13.23 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 3.33 |
MBG Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MBG Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MBG Group's standard deviation. In reality, there are many statistical measures that can use MBG Group historical prices to predict the future MBG Group's volatility.| Risk Adjusted Performance | 0.0309 | |||
| Jensen Alpha | 0.0708 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0173 | |||
| Treynor Ratio | 0.2418 |
MBG Group JSC Backtested Returns
As of now, MBG Stock is very steady. MBG Group JSC has Sharpe Ratio of 0.0445, which conveys that the company had a 0.0445% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MBG Group, which you can use to evaluate the volatility of the entity. Please verify MBG Group's Semi Deviation of 1.99, mean deviation of 2.04, and Downside Deviation of 3.23 to check out if the risk estimate we provide is consistent with the expected return of 0.13%. MBG Group has a performance score of 3 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MBG Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding MBG Group is expected to be smaller as well. MBG Group JSC at this time secures a risk of 3.02%. Please verify MBG Group JSC jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if MBG Group JSC will be following its current price movements.
Auto-correlation | 0.47 |
Average predictability
MBG Group JSC has average predictability. Overlapping area represents the amount of predictability between MBG Group time series from 7th of February 2023 to 18th of January 2024 and 18th of January 2024 to 28th 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 MBG Group JSC price movement. The serial correlation of 0.47 indicates that about 47.0% of current MBG Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 450.8 K |
MBG Group JSC lagged returns against current returns
Autocorrelation, which is MBG Group 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 MBG Group's stock expected returns. We can calculate the autocorrelation of MBG Group returns to help us make a trade decision. For example, suppose you find that MBG Group 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 |
MBG Group 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 MBG Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MBG Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MBG Group stock over time.
Current vs Lagged Prices |
| Timeline |
MBG Group Lagged Returns
When evaluating MBG Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MBG Group stock have on its future price. MBG Group 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, MBG Group autocorrelation shows the relationship between MBG Group stock current value and its past values and can show if there is a momentum factor associated with investing in MBG Group JSC.
Regressed Prices |
| Timeline |
Pair Trading with MBG Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MBG Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MBG Group will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to MBG Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MBG Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MBG Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MBG Group JSC to buy it.
The correlation of MBG Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MBG Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MBG Group JSC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MBG Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in MBG Stock
MBG Group financial ratios help investors to determine whether MBG 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 MBG with respect to the benefits of owning MBG Group security.