M/I Homes (Germany) Market Value
| 4MI Stock | EUR 105.30 1.30 1.22% |
| Symbol | M/I |
M/I Homes '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 M/I Homes' 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 M/I Homes.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in M/I Homes on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding MI Homes or generate 0.0% return on investment in M/I Homes over 90 days. M/I Homes is related to or competes with Fevertree Drinks, Suntory Beverage, Nishi-Nippon Railroad, Ebro Foods, Gaztransport Technigaz, and Mitsui Chemicals. More
M/I Homes 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 M/I Homes' 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 MI Homes upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 8.78 | |||
| Value At Risk | (3.49) | |||
| Potential Upside | 2.77 |
M/I Homes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for M/I Homes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as M/I Homes' standard deviation. In reality, there are many statistical measures that can use M/I Homes historical prices to predict the future M/I Homes' volatility.| Risk Adjusted Performance | (0.22) | |||
| Jensen Alpha | (0.53) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (10.41) |
M/I Homes Backtested Returns
M/I Homes retains Efficiency (Sharpe Ratio) of -0.26, which conveys that the firm had a -0.26 % return per unit of price deviation over the last 3 months. M/I Homes exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify M/I Homes' Information Ratio of (0.21), market risk adjusted performance of (10.40), and Mean Deviation of 1.6 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.051, which conveys not very significant fluctuations relative to the market. As returns on the market increase, M/I Homes' returns are expected to increase less than the market. However, during the bear market, the loss of holding M/I Homes is expected to be smaller as well. At this point, M/I Homes has a negative expected return of -0.53%. Please make sure to verify M/I Homes' market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if M/I Homes performance from the past will be repeated sooner or later.
Auto-correlation | 0.66 |
Good predictability
MI Homes has good predictability. Overlapping area represents the amount of predictability between M/I Homes time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of M/I Homes price movement. The serial correlation of 0.66 indicates that around 66.0% of current M/I Homes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 11.96 |
M/I Homes lagged returns against current returns
Autocorrelation, which is M/I Homes 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 M/I Homes' stock expected returns. We can calculate the autocorrelation of M/I Homes returns to help us make a trade decision. For example, suppose you find that M/I Homes 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 |
M/I Homes 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 M/I Homes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if M/I Homes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in M/I Homes stock over time.
Current vs Lagged Prices |
| Timeline |
M/I Homes Lagged Returns
When evaluating M/I Homes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of M/I Homes stock have on its future price. M/I Homes 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, M/I Homes autocorrelation shows the relationship between M/I Homes stock current value and its past values and can show if there is a momentum factor associated with investing in MI Homes.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in M/I Stock
When determining whether M/I Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of M/I Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mi Homes Stock:Check out M/I Homes Correlation, M/I Homes Volatility and M/I Homes Alpha and Beta module to complement your research on M/I Homes. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
M/I Homes technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.