Mobi724 Global Solutions Stock Market Value
| MOBIF Stock | USD 0 0.00 0.00% |
| Symbol | Mobi724 |
Mobi724 Global '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 Mobi724 Global's pink sheet 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 Mobi724 Global.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Mobi724 Global on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Mobi724 Global Solutions or generate 0.0% return on investment in Mobi724 Global over 30 days. Mobi724 Global is related to or competes with Deere, Caterpillar, Lion Electric, Nikola Corp, Wabash National, and Titan International. Mobi724 Global Solutions Inc., a fintech company, offers a suite of integrated data-driven business intelligence and art... More
Mobi724 Global 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 Mobi724 Global's pink sheet 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 Mobi724 Global Solutions upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 20.0 |
Mobi724 Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mobi724 Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mobi724 Global's standard deviation. In reality, there are many statistical measures that can use Mobi724 Global historical prices to predict the future Mobi724 Global's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.75) |
Mobi724 Global Solutions Backtested Returns
Mobi724 Global Solutions has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Mobi724 Global exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mobi724 Global's Standard Deviation of 2.46, risk adjusted performance of (0.08), and Mean Deviation of 0.5969 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.42, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mobi724 Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mobi724 Global is expected to be smaller as well. At this point, Mobi724 Global Solutions has a negative expected return of -0.31%. Please make sure to verify Mobi724 Global's standard deviation and the relationship between the treynor ratio and day typical price , to decide if Mobi724 Global Solutions performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Mobi724 Global Solutions has no correlation between past and present. Overlapping area represents the amount of predictability between Mobi724 Global time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 Mobi724 Global Solutions price movement. The serial correlation of 0.0 indicates that just 0.0% of current Mobi724 Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mobi724 Global Solutions lagged returns against current returns
Autocorrelation, which is Mobi724 Global pink sheet'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 Mobi724 Global's pink sheet expected returns. We can calculate the autocorrelation of Mobi724 Global returns to help us make a trade decision. For example, suppose you find that Mobi724 Global has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Mobi724 Global 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 Mobi724 Global pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mobi724 Global pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mobi724 Global pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mobi724 Global Lagged Returns
When evaluating Mobi724 Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mobi724 Global pink sheet have on its future price. Mobi724 Global 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, Mobi724 Global autocorrelation shows the relationship between Mobi724 Global pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mobi724 Global Solutions.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mobi724 Pink Sheet
Mobi724 Global financial ratios help investors to determine whether Mobi724 Pink Sheet 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 Mobi724 with respect to the benefits of owning Mobi724 Global security.