Marks (UK) Market Value
| MKS Stock | 379.40 1.20 0.32% |
| Symbol | Marks |
Marks '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 Marks' 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 Marks.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Marks on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Marks and Spencer or generate 0.0% return on investment in Marks over 30 days. Marks is related to or competes with Jupiter Fund, Hansa Investment, Tatton Asset, Coor Service, Games Workshop, Schroders Investment, and Aurora Investment. Marks is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Marks 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 Marks' 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 Marks and Spencer upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.49 | |||
| Information Ratio | 0.0153 | |||
| Maximum Drawdown | 8.59 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 2.45 |
Marks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marks' standard deviation. In reality, there are many statistical measures that can use Marks historical prices to predict the future Marks' volatility.| Risk Adjusted Performance | 0.034 | |||
| Jensen Alpha | 0.0467 | |||
| Total Risk Alpha | 0.0033 | |||
| Sortino Ratio | 0.0152 | |||
| Treynor Ratio | (0.55) |
Marks and Spencer Backtested Returns
At this point, Marks is very steady. Marks and Spencer has Sharpe Ratio of 0.0192, which conveys that the firm had a 0.0192% return per unit of risk over the last 3 months. We have found thirty technical indicators for Marks, which you can use to evaluate the volatility of the firm. Please verify Marks' Downside Deviation of 1.49, mean deviation of 1.07, and Risk Adjusted Performance of 0.034 to check out if the risk estimate we provide is consistent with the expected return of 0.0282%. Marks has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0819, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Marks are expected to decrease at a much lower rate. During the bear market, Marks is likely to outperform the market. Marks and Spencer right now secures a risk of 1.47%. Please verify Marks and Spencer expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Marks and Spencer will be following its current price movements.
Auto-correlation | -0.5 |
Modest reverse predictability
Marks and Spencer has modest reverse predictability. Overlapping area represents the amount of predictability between Marks time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Marks and Spencer price movement. The serial correlation of -0.5 indicates that about 50.0% of current Marks price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 42.27 |
Marks and Spencer lagged returns against current returns
Autocorrelation, which is Marks 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 Marks' stock expected returns. We can calculate the autocorrelation of Marks returns to help us make a trade decision. For example, suppose you find that Marks 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 |
Marks 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 Marks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marks stock over time.
Current vs Lagged Prices |
| Timeline |
Marks Lagged Returns
When evaluating Marks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marks stock have on its future price. Marks 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, Marks autocorrelation shows the relationship between Marks stock current value and its past values and can show if there is a momentum factor associated with investing in Marks and Spencer.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Marks Stock
Marks financial ratios help investors to determine whether Marks 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 Marks with respect to the benefits of owning Marks security.