Mpx International Corp Stock Market Value
| MPXOF Stock | USD 0.0002 0.0009 81.82% |
| Symbol | MPX |
MPX International '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 MPX International'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 MPX International.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in MPX International on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding MPX International Corp or generate 0.0% return on investment in MPX International over 360 days. MPX International is related to or competes with Acreage Holdings, and Green Thumb. MPX International Corporation, a cannabis company, focuses on the medical and adult-use cannabis markets in Canada and S... More
MPX International 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 MPX International'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 MPX International Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 83.67 | |||
| Information Ratio | 0.2062 | |||
| Maximum Drawdown | 1292.31 | |||
| Value At Risk | (81.82) | |||
| Potential Upside | 266.67 |
MPX International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MPX International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MPX International's standard deviation. In reality, there are many statistical measures that can use MPX International historical prices to predict the future MPX International's volatility.| Risk Adjusted Performance | 0.1594 | |||
| Jensen Alpha | 34.81 | |||
| Total Risk Alpha | 8.32 | |||
| Sortino Ratio | 0.4237 | |||
| Treynor Ratio | 5.41 |
MPX International Corp Backtested Returns
MPX International is out of control given 3 months investment horizon. MPX International Corp has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of standard deviation over the last 3 months. We were able to break down and interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 34.09% are justified by taking the suggested risk. Use MPX International Corp Market Risk Adjusted Performance of 5.42, mean deviation of 75.97, and Risk Adjusted Performance of 0.1594 to evaluate company specific risk that cannot be diversified away. MPX International holds a performance score of 17 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 6.58, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MPX International will likely underperform. Use MPX International Corp semi variance, as well as the relationship between the rate of daily change and relative strength index , to analyze future returns on MPX International Corp.
Auto-correlation | -0.02 |
Very weak reverse predictability
MPX International Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between MPX International time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 MPX International Corp price movement. The serial correlation of -0.02 indicates that only 2.0% of current MPX International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MPX International Corp lagged returns against current returns
Autocorrelation, which is MPX International 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 MPX International's pink sheet expected returns. We can calculate the autocorrelation of MPX International returns to help us make a trade decision. For example, suppose you find that MPX International 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 |
MPX International 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 MPX International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MPX International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MPX International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
MPX International Lagged Returns
When evaluating MPX International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MPX International pink sheet have on its future price. MPX International 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, MPX International autocorrelation shows the relationship between MPX International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in MPX International Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MPX Pink Sheet
MPX International financial ratios help investors to determine whether MPX 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 MPX with respect to the benefits of owning MPX International security.