Macquarie Technology (Australia) Market Value
| MAQ Stock | 69.33 0.57 0.83% |
| Symbol | Macquarie |
Macquarie Technology '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 Macquarie Technology'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 Macquarie Technology.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Macquarie Technology on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Macquarie Technology Group or generate 0.0% return on investment in Macquarie Technology over 90 days. Macquarie Technology is related to or competes with Aurelia Metals, Centuria Industrial, and Centaurus Metals. Macquarie Technology is entity of Australia More
Macquarie Technology 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 Macquarie Technology'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 Macquarie Technology Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 9.21 | |||
| Value At Risk | (3.29) | |||
| Potential Upside | 1.99 |
Macquarie Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Macquarie Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Macquarie Technology's standard deviation. In reality, there are many statistical measures that can use Macquarie Technology historical prices to predict the future Macquarie Technology's volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (1.21) |
Macquarie Technology Backtested Returns
Macquarie Technology has Sharpe Ratio of -0.22, which conveys that the firm had a -0.22 % return per unit of risk over the last 3 months. Macquarie Technology exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Macquarie Technology's Mean Deviation of 1.19, risk adjusted performance of (0.19), and Standard Deviation of 1.63 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Macquarie Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Macquarie Technology is expected to be smaller as well. At this point, Macquarie Technology has a negative expected return of -0.35%. Please make sure to verify Macquarie Technology's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if Macquarie Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.48 |
Average predictability
Macquarie Technology Group has average predictability. Overlapping area represents the amount of predictability between Macquarie Technology 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 Macquarie Technology price movement. The serial correlation of 0.48 indicates that about 48.0% of current Macquarie Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 40.64 |
Macquarie Technology lagged returns against current returns
Autocorrelation, which is Macquarie Technology 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 Macquarie Technology's stock expected returns. We can calculate the autocorrelation of Macquarie Technology returns to help us make a trade decision. For example, suppose you find that Macquarie Technology 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 |
Macquarie Technology 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 Macquarie Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Macquarie Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Macquarie Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Macquarie Technology Lagged Returns
When evaluating Macquarie Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Macquarie Technology stock have on its future price. Macquarie Technology 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, Macquarie Technology autocorrelation shows the relationship between Macquarie Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Macquarie Technology Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Macquarie Stock Analysis
When running Macquarie Technology's price analysis, check to measure Macquarie Technology'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 Macquarie Technology is operating at the current time. Most of Macquarie Technology's value examination focuses on studying past and present price action to predict the probability of Macquarie Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Macquarie Technology's price. Additionally, you may evaluate how the addition of Macquarie Technology to your portfolios can decrease your overall portfolio volatility.