Morgan Co (Zimbabwe) Market Value
| MCMS Stock | 211.00 0.00 0.00% |
| Symbol | Morgan |
Morgan Co '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 Morgan Co'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 Morgan Co.
| 01/12/2022 |
| 12/27/2024 |
If you would invest 0.00 in Morgan Co on January 12, 2022 and sell it all today you would earn a total of 0.00 from holding Morgan Co Multi or generate 0.0% return on investment in Morgan Co over 1080 days.
Morgan Co 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 Morgan Co'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 Morgan Co Multi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.3718 | |||
| Maximum Drawdown | 27.45 | |||
| Potential Upside | 15.0 |
Morgan Co Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Morgan Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Morgan Co's standard deviation. In reality, there are many statistical measures that can use Morgan Co historical prices to predict the future Morgan Co's volatility.| Risk Adjusted Performance | 0.3098 | |||
| Jensen Alpha | 1.91 | |||
| Total Risk Alpha | 1.77 | |||
| Treynor Ratio | (84.12) |
Morgan Co Multi Backtested Returns
Morgan Co is very steady given 3 months investment horizon. Morgan Co Multi has Sharpe Ratio of 0.39, which conveys that the firm had a 0.39% return per unit of risk over the last 3 months. We have collected data for seventeen different technical indicators, which can help you to evaluate if expected returns of 2.04% are justified by taking the suggested risk. Use Morgan Co Multi Mean Deviation of 3.47, standard deviation of 5.08, and Risk Adjusted Performance of 0.3098 to evaluate company specific risk that cannot be diversified away. Morgan Co holds a performance score of 30 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.0227, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Morgan Co are expected to decrease at a much lower rate. During the bear market, Morgan Co is likely to outperform the market. Use Morgan Co Multi maximum drawdown, skewness, rate of daily change, as well as the relationship between the potential upside and kurtosis , to analyze future returns on Morgan Co Multi.
Auto-correlation | -0.05 |
Very weak reverse predictability
Morgan Co Multi has very weak reverse predictability. Overlapping area represents the amount of predictability between Morgan Co time series from 12th of January 2022 to 6th of July 2023 and 6th of July 2023 to 27th 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 Morgan Co Multi price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current Morgan Co price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 3.1 M |
Morgan Co Multi lagged returns against current returns
Autocorrelation, which is Morgan Co 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 Morgan Co's stock expected returns. We can calculate the autocorrelation of Morgan Co returns to help us make a trade decision. For example, suppose you find that Morgan Co 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 |
Morgan Co 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 Morgan Co stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Morgan Co stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Morgan Co stock over time.
Current vs Lagged Prices |
| Timeline |
Morgan Co Lagged Returns
When evaluating Morgan Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Morgan Co stock have on its future price. Morgan Co 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, Morgan Co autocorrelation shows the relationship between Morgan Co stock current value and its past values and can show if there is a momentum factor associated with investing in Morgan Co Multi.
Regressed Prices |
| Timeline |
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When running Morgan Co's price analysis, check to measure Morgan Co'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 Morgan Co is operating at the current time. Most of Morgan Co's value examination focuses on studying past and present price action to predict the probability of Morgan Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Morgan Co's price. Additionally, you may evaluate how the addition of Morgan Co to your portfolios can decrease your overall portfolio volatility.