Matricelf's market value is the price at which a share of Matricelf trades on a public exchange. It measures the collective expectations of Matricelf investors about its performance. Matricelf is trading at 351.50 as of the 14th of December 2024, a 2.82 percent decrease since the beginning of the trading day. The stock's open price was 361.7. With this module, you can estimate the performance of a buy and hold strategy of Matricelf and determine expected loss or profit from investing in Matricelf over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Matricelf
Matricelf '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 Matricelf'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 Matricelf.
0.00
11/14/2024
No Change 0.00
0.0
In 30 days
12/14/2024
0.00
If you would invest 0.00 in Matricelf on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Matricelf or generate 0.0% return on investment in Matricelf over 30 days.
Matricelf 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 Matricelf'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 Matricelf upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Matricelf's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Matricelf's standard deviation. In reality, there are many statistical measures that can use Matricelf historical prices to predict the future Matricelf's volatility.
Matricelf 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. Matricelf exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Matricelf's Downside Deviation of 2.77, mean deviation of 1.81, and Risk Adjusted Performance of 0.0238 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.7, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Matricelf's returns are expected to increase less than the market. However, during the bear market, the loss of holding Matricelf is expected to be smaller as well. At this point, Matricelf has a negative expected return of -0.0386%. Please make sure to verify Matricelf's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Matricelf performance from the past will be repeated at some point in the near future.
Auto-correlation
0.86
Very good predictability
Matricelf has very good predictability. Overlapping area represents the amount of predictability between Matricelf time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Matricelf price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Matricelf price fluctuation can be explain by its past prices.
Correlation Coefficient
0.86
Spearman Rank Test
0.6
Residual Average
0.0
Price Variance
254.25
Matricelf lagged returns against current returns
Autocorrelation, which is Matricelf 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 Matricelf's stock expected returns. We can calculate the autocorrelation of Matricelf returns to help us make a trade decision. For example, suppose you find that Matricelf 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
Matricelf 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 Matricelf stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Matricelf stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Matricelf stock over time.
Current vs Lagged Prices
Timeline
Matricelf Lagged Returns
When evaluating Matricelf's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Matricelf stock have on its future price. Matricelf 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, Matricelf autocorrelation shows the relationship between Matricelf stock current value and its past values and can show if there is a momentum factor associated with investing in Matricelf.
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.