MAGNUM DCORP (Germany) Market Value
| 1CJB Stock | EUR 0.03 0 13.20% |
| Symbol | MAGNUM |
MAGNUM DCORP '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 MAGNUM DCORP'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 MAGNUM DCORP.
| 01/28/2023 |
| 12/18/2024 |
If you would invest 0.00 in MAGNUM DCORP on January 28, 2023 and sell it all today you would earn a total of 0.00 from holding MAGNUM DCORP INC or generate 0.0% return on investment in MAGNUM DCORP over 690 days. MAGNUM DCORP is related to or competes with Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, Reliance Steel, RYOHIN UNSPADR1, Vanguard Funds, and Meli Hotels. Magnum Goldcorp Inc. engages in the acquisition and exploration of mineral resource properties in Canada More
MAGNUM DCORP 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 MAGNUM DCORP'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 MAGNUM DCORP INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 51.2 | |||
| Information Ratio | 0.2424 | |||
| Maximum Drawdown | 725.0 | |||
| Value At Risk | (72.22) | |||
| Potential Upside | 300.0 |
MAGNUM DCORP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MAGNUM DCORP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MAGNUM DCORP's standard deviation. In reality, there are many statistical measures that can use MAGNUM DCORP historical prices to predict the future MAGNUM DCORP's volatility.| Risk Adjusted Performance | 0.186 | |||
| Jensen Alpha | 29.31 | |||
| Total Risk Alpha | 20.48 | |||
| Sortino Ratio | 0.5939 | |||
| Treynor Ratio | 1.52 |
MAGNUM DCORP INC Backtested Returns
MAGNUM DCORP is out of control given 3 months investment horizon. MAGNUM DCORP INC has Sharpe Ratio of 0.23, which conveys that the company had a 0.23% return per unit of risk over the last 3 months. We are able to break down twenty-seven different technical indicators, which can help you to evaluate if expected returns of 28.08% are justified by taking the suggested risk. Use MAGNUM DCORP INC Mean Deviation of 71.6, semi deviation of 29.04, and Downside Deviation of 51.2 to evaluate company specific risk that cannot be diversified away. MAGNUM DCORP holds a performance score of 18 on a scale of zero to a hundred. The firm secures a Beta (Market Risk) of 20.0, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, MAGNUM DCORP will likely underperform. Use MAGNUM DCORP INC semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to analyze future returns on MAGNUM DCORP INC.
Auto-correlation | -0.05 |
Very weak reverse predictability
MAGNUM DCORP INC has very weak reverse predictability. Overlapping area represents the amount of predictability between MAGNUM DCORP time series from 28th of January 2023 to 8th of January 2024 and 8th of January 2024 to 18th 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 MAGNUM DCORP INC price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current MAGNUM DCORP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MAGNUM DCORP INC lagged returns against current returns
Autocorrelation, which is MAGNUM DCORP 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 MAGNUM DCORP's stock expected returns. We can calculate the autocorrelation of MAGNUM DCORP returns to help us make a trade decision. For example, suppose you find that MAGNUM DCORP 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 |
MAGNUM DCORP 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 MAGNUM DCORP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MAGNUM DCORP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MAGNUM DCORP stock over time.
Current vs Lagged Prices |
| Timeline |
MAGNUM DCORP Lagged Returns
When evaluating MAGNUM DCORP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MAGNUM DCORP stock have on its future price. MAGNUM DCORP 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, MAGNUM DCORP autocorrelation shows the relationship between MAGNUM DCORP stock current value and its past values and can show if there is a momentum factor associated with investing in MAGNUM DCORP INC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MAGNUM Stock
MAGNUM DCORP financial ratios help investors to determine whether MAGNUM 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 MAGNUM with respect to the benefits of owning MAGNUM DCORP security.