Meier Tobler (Switzerland) Market Value
| MTG Stock | CHF 29.00 0.20 0.68% |
| Symbol | Meier |
Meier Tobler '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 Meier Tobler'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 Meier Tobler.
| 10/16/2024 |
| 12/15/2024 |
If you would invest 0.00 in Meier Tobler on October 16, 2024 and sell it all today you would earn a total of 0.00 from holding Meier Tobler Group or generate 0.0% return on investment in Meier Tobler over 60 days. Meier Tobler is related to or competes with Implenia, Comet Holding, Zehnder, U Blox, and VAT Group. Meier Tobler Group AG manufactures and sells heating and air conditioning systems worldwide More
Meier Tobler 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 Meier Tobler'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 Meier Tobler Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.096 | |||
| Maximum Drawdown | 11.21 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 3.49 |
Meier Tobler Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meier Tobler's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meier Tobler's standard deviation. In reality, there are many statistical measures that can use Meier Tobler historical prices to predict the future Meier Tobler's volatility.| Risk Adjusted Performance | 0.1139 | |||
| Jensen Alpha | 0.2887 | |||
| Total Risk Alpha | 0.0362 | |||
| Sortino Ratio | 0.1057 | |||
| Treynor Ratio | (1.55) |
Meier Tobler Group Backtested Returns
Meier Tobler appears to be very steady, given 3 months investment horizon. Meier Tobler Group has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Meier Tobler, which you can use to evaluate the volatility of the firm. Please exercise Meier Tobler's Mean Deviation of 1.44, downside deviation of 1.73, and Risk Adjusted Performance of 0.1139 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Meier Tobler holds a performance score of 12. The company secures a Beta (Market Risk) of -0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Meier Tobler are expected to decrease at a much lower rate. During the bear market, Meier Tobler is likely to outperform the market. Please check Meier Tobler's jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to make a quick decision on whether Meier Tobler's current price movements will revert.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Meier Tobler Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Meier Tobler time series from 16th of October 2024 to 15th of November 2024 and 15th of November 2024 to 15th 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 Meier Tobler Group price movement. The serial correlation of -0.79 indicates that around 79.0% of current Meier Tobler price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 |
Meier Tobler Group lagged returns against current returns
Autocorrelation, which is Meier Tobler 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 Meier Tobler's stock expected returns. We can calculate the autocorrelation of Meier Tobler returns to help us make a trade decision. For example, suppose you find that Meier Tobler 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 |
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Meier Tobler 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 Meier Tobler stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meier Tobler stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meier Tobler stock over time.
Current vs Lagged Prices |
| Timeline |
Meier Tobler Lagged Returns
When evaluating Meier Tobler's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meier Tobler stock have on its future price. Meier Tobler 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, Meier Tobler autocorrelation shows the relationship between Meier Tobler stock current value and its past values and can show if there is a momentum factor associated with investing in Meier Tobler Group.
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.Additional Tools for Meier Stock Analysis
When running Meier Tobler's price analysis, check to measure Meier Tobler'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 Meier Tobler is operating at the current time. Most of Meier Tobler's value examination focuses on studying past and present price action to predict the probability of Meier Tobler's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meier Tobler's price. Additionally, you may evaluate how the addition of Meier Tobler to your portfolios can decrease your overall portfolio volatility.