Meyer Burger Technology Stock Market Value
| MYBUF Stock | USD 2.95 0.23 7.23% |
| Symbol | Meyer |
Meyer Burger '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 Meyer Burger'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 Meyer Burger.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Meyer Burger on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Meyer Burger Technology or generate 0.0% return on investment in Meyer Burger over 30 days. Meyer Burger is related to or competes with Morgan Stanley, Rand Capital, Aspen Insurance, Cedar Realty, MGIC Investment, Artisan Partners, and Nasdaq. Meyer Burger Technology AG, a technology company, produces and sells solar cells and modules primarily in Switzerland More
Meyer Burger 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 Meyer Burger'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 Meyer Burger Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 20.33 | |||
| Information Ratio | 0.1137 | |||
| Maximum Drawdown | 203.03 | |||
| Value At Risk | (23.44) | |||
| Potential Upside | 43.59 |
Meyer Burger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Meyer Burger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Meyer Burger's standard deviation. In reality, there are many statistical measures that can use Meyer Burger historical prices to predict the future Meyer Burger's volatility.| Risk Adjusted Performance | 0.0947 | |||
| Jensen Alpha | 4.12 | |||
| Total Risk Alpha | (1.32) | |||
| Sortino Ratio | 0.1785 | |||
| Treynor Ratio | (1.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Meyer Burger's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Meyer Burger Technology Backtested Returns
Meyer Burger is out of control given 3 months investment horizon. Meyer Burger Technology 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. We are able to break down and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 4.07% are justified by taking the suggested risk. Use Meyer Burger Technology Risk Adjusted Performance of 0.0947, downside deviation of 20.33, and Mean Deviation of 15.71 to evaluate company specific risk that cannot be diversified away. Meyer Burger holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -3.26, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Meyer Burger are expected to decrease by larger amounts. On the other hand, during market turmoil, Meyer Burger is expected to outperform it. Use Meyer Burger Technology downside variance, as well as the relationship between the kurtosis and day typical price , to analyze future returns on Meyer Burger Technology.
Auto-correlation | -0.5 |
Modest reverse predictability
Meyer Burger Technology has modest reverse predictability. Overlapping area represents the amount of predictability between Meyer Burger time series from 12th of November 2024 to 27th of November 2024 and 27th of November 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 Meyer Burger Technology price movement. The serial correlation of -0.5 indicates that about 50.0% of current Meyer Burger price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 1.56 |
Meyer Burger Technology lagged returns against current returns
Autocorrelation, which is Meyer Burger 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 Meyer Burger's pink sheet expected returns. We can calculate the autocorrelation of Meyer Burger returns to help us make a trade decision. For example, suppose you find that Meyer Burger 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 |
Meyer Burger 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 Meyer Burger pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Meyer Burger pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Meyer Burger pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Meyer Burger Lagged Returns
When evaluating Meyer Burger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Meyer Burger pink sheet have on its future price. Meyer Burger 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, Meyer Burger autocorrelation shows the relationship between Meyer Burger pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Meyer Burger Technology.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Meyer Pink Sheet
Meyer Burger financial ratios help investors to determine whether Meyer 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 Meyer with respect to the benefits of owning Meyer Burger security.