Manitou BF (France) Market Value
| MTU Stock | EUR 15.70 0.08 0.51% |
| Symbol | Manitou |
Manitou BF '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 Manitou BF'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 Manitou BF.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Manitou BF on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Manitou BF SA or generate 0.0% return on investment in Manitou BF over 30 days. Manitou BF is related to or competes with Haulotte Group, Trigano SA, Bnteau SA, Derichebourg, and Mersen SA. Manitou BF SA operates as a rough-terrain material handling company that engages in the design, production, distribution... More
Manitou BF 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 Manitou BF'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 Manitou BF SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 9.28 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 3.69 |
Manitou BF Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Manitou BF's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Manitou BF's standard deviation. In reality, there are many statistical measures that can use Manitou BF historical prices to predict the future Manitou BF's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.49) |
Manitou BF SA Backtested Returns
Manitou BF SA has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Manitou BF exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Manitou BF's Standard Deviation of 1.99, risk adjusted performance of (0.08), and Mean Deviation of 1.53 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Manitou BF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Manitou BF is expected to be smaller as well. At this point, Manitou BF SA has a negative expected return of -0.25%. Please make sure to verify Manitou BF's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Manitou BF SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Manitou BF SA has poor reverse predictability. Overlapping area represents the amount of predictability between Manitou BF time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Manitou BF SA price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Manitou BF price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Manitou BF SA lagged returns against current returns
Autocorrelation, which is Manitou BF 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 Manitou BF's stock expected returns. We can calculate the autocorrelation of Manitou BF returns to help us make a trade decision. For example, suppose you find that Manitou BF 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 |
Manitou BF 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 Manitou BF stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Manitou BF stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Manitou BF stock over time.
Current vs Lagged Prices |
| Timeline |
Manitou BF Lagged Returns
When evaluating Manitou BF's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Manitou BF stock have on its future price. Manitou BF 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, Manitou BF autocorrelation shows the relationship between Manitou BF stock current value and its past values and can show if there is a momentum factor associated with investing in Manitou BF SA.
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 Manitou Stock
Manitou BF financial ratios help investors to determine whether Manitou 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 Manitou with respect to the benefits of owning Manitou BF security.