Microlise Group (UK) Market Value
| SAAS Stock | 101.50 1.00 0.98% |
| Symbol | Microlise |
Microlise Group '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 Microlise Group'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 Microlise Group.
| 06/25/2024 |
| 12/22/2024 |
If you would invest 0.00 in Microlise Group on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Microlise Group PLC or generate 0.0% return on investment in Microlise Group over 180 days. Microlise Group is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, State Bank, and Halyk Bank. Microlise Group is entity of United Kingdom More
Microlise Group 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 Microlise Group'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 Microlise Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 22.93 | |||
| Value At Risk | (6.00) | |||
| Potential Upside | 4.55 |
Microlise Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Microlise Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Microlise Group's standard deviation. In reality, there are many statistical measures that can use Microlise Group historical prices to predict the future Microlise Group's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.48) |
Microlise Group PLC Backtested Returns
Microlise Group PLC has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Microlise Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Microlise Group's Mean Deviation of 1.93, risk adjusted performance of (0.04), and Standard Deviation of 3.42 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.43, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Microlise Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Microlise Group is expected to be smaller as well. At this point, Microlise Group PLC has a negative expected return of -0.34%. Please make sure to verify Microlise Group's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Microlise Group PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.83 |
Very good predictability
Microlise Group PLC has very good predictability. Overlapping area represents the amount of predictability between Microlise Group time series from 25th of June 2024 to 23rd of September 2024 and 23rd of September 2024 to 22nd 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 Microlise Group PLC price movement. The serial correlation of 0.83 indicates that around 83.0% of current Microlise Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 83.11 |
Microlise Group PLC lagged returns against current returns
Autocorrelation, which is Microlise Group 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 Microlise Group's stock expected returns. We can calculate the autocorrelation of Microlise Group returns to help us make a trade decision. For example, suppose you find that Microlise Group 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 |
Microlise Group 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 Microlise Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Microlise Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Microlise Group stock over time.
Current vs Lagged Prices |
| Timeline |
Microlise Group Lagged Returns
When evaluating Microlise Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Microlise Group stock have on its future price. Microlise Group 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, Microlise Group autocorrelation shows the relationship between Microlise Group stock current value and its past values and can show if there is a momentum factor associated with investing in Microlise Group PLC.
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 Microlise Stock Analysis
When running Microlise Group's price analysis, check to measure Microlise Group'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 Microlise Group is operating at the current time. Most of Microlise Group's value examination focuses on studying past and present price action to predict the probability of Microlise Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microlise Group's price. Additionally, you may evaluate how the addition of Microlise Group to your portfolios can decrease your overall portfolio volatility.