Mastrad (France) Market Value
| ALMAS Stock | EUR 0.03 0.01 29.73% |
| Symbol | Mastrad |
Mastrad '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 Mastrad'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 Mastrad.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Mastrad on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Mastrad or generate 0.0% return on investment in Mastrad over 90 days. Mastrad is related to or competes with NR 21, Bluelinea, Alstom SA, and Amplitude Surgical. Mastrad Socit Anonyme designs and markets culinary accessories in France, the United States, Hong Kong, and internationa... More
Mastrad 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 Mastrad'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 Mastrad upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.76 | |||
| Information Ratio | 0.154 | |||
| Maximum Drawdown | 136.87 | |||
| Value At Risk | (15.11) | |||
| Potential Upside | 46.15 |
Mastrad Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mastrad's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mastrad's standard deviation. In reality, there are many statistical measures that can use Mastrad historical prices to predict the future Mastrad's volatility.| Risk Adjusted Performance | 0.1394 | |||
| Jensen Alpha | 3.24 | |||
| Total Risk Alpha | 5.57 | |||
| Sortino Ratio | 0.2907 | |||
| Treynor Ratio | 1.47 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mastrad'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.
Mastrad Backtested Returns
Mastrad is out of control given 3 months investment horizon. Mastrad has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.71% are justified by taking the suggested risk. Use Mastrad Risk Adjusted Performance of 0.1394, mean deviation of 11.28, and Downside Deviation of 10.76 to evaluate company specific risk that cannot be diversified away. Mastrad holds a performance score of 13 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 2.06, 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, Mastrad will likely underperform. Use Mastrad maximum drawdown and the relationship between the expected short fall and relative strength index , to analyze future returns on Mastrad.
Auto-correlation | -0.25 |
Weak reverse predictability
Mastrad has weak reverse predictability. Overlapping area represents the amount of predictability between Mastrad time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Mastrad price movement. The serial correlation of -0.25 indicates that over 25.0% of current Mastrad price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mastrad lagged returns against current returns
Autocorrelation, which is Mastrad 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 Mastrad's stock expected returns. We can calculate the autocorrelation of Mastrad returns to help us make a trade decision. For example, suppose you find that Mastrad 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 |
Mastrad 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 Mastrad stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mastrad stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mastrad stock over time.
Current vs Lagged Prices |
| Timeline |
Mastrad Lagged Returns
When evaluating Mastrad's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mastrad stock have on its future price. Mastrad 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, Mastrad autocorrelation shows the relationship between Mastrad stock current value and its past values and can show if there is a momentum factor associated with investing in Mastrad.
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 Mastrad Stock Analysis
When running Mastrad's price analysis, check to measure Mastrad'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 Mastrad is operating at the current time. Most of Mastrad's value examination focuses on studying past and present price action to predict the probability of Mastrad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mastrad's price. Additionally, you may evaluate how the addition of Mastrad to your portfolios can decrease your overall portfolio volatility.