MAROC LEASING (Morocco) Market Value
| MAROC-LEASING | 372.00 1.00 0.27% |
| Symbol | MAROC |
MAROC LEASING '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 MAROC LEASING'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 MAROC LEASING.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in MAROC LEASING on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding MAROC LEASING or generate 0.0% return on investment in MAROC LEASING over 90 days.
MAROC LEASING 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 MAROC LEASING'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 MAROC LEASING upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 10.63 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 0.5405 |
MAROC LEASING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MAROC LEASING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MAROC LEASING's standard deviation. In reality, there are many statistical measures that can use MAROC LEASING historical prices to predict the future MAROC LEASING's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.0708 | |||
| Treynor Ratio | 4.22 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MAROC LEASING'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.
MAROC LEASING Backtested Returns
As of now, MAROC Stock is very steady. MAROC LEASING has Sharpe Ratio of 0.0131, which conveys that the company had a 0.0131 % return per unit of volatility over the last 3 months. We have found twenty-four technical indicators for MAROC LEASING, which you can use to evaluate the volatility of the entity. Please verify MAROC LEASING's Market Risk Adjusted Performance of 4.23, mean deviation of 0.6559, and Standard Deviation of 1.59 to check out if the risk estimate we provide is consistent with the expected return of 0.0193%. MAROC LEASING has a performance score of 1 on a scale of 0 to 100. The firm secures a Beta (Market Risk) of -0.0246, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MAROC LEASING are expected to decrease at a much lower rate. During the bear market, MAROC LEASING is likely to outperform the market. MAROC LEASING now secures a risk of 1.47%. Please verify MAROC LEASING skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if MAROC LEASING will be following its current price movements.
Auto-correlation | -0.18 |
Insignificant reverse predictability
MAROC LEASING has insignificant reverse predictability. Overlapping area represents the amount of predictability between MAROC LEASING time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 MAROC LEASING price movement. The serial correlation of -0.18 indicates that over 18.0% of current MAROC LEASING price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 48.11 |
MAROC LEASING lagged returns against current returns
Autocorrelation, which is MAROC LEASING 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 MAROC LEASING's stock expected returns. We can calculate the autocorrelation of MAROC LEASING returns to help us make a trade decision. For example, suppose you find that MAROC LEASING 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 |
MAROC LEASING 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 MAROC LEASING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MAROC LEASING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MAROC LEASING stock over time.
Current vs Lagged Prices |
| Timeline |
MAROC LEASING Lagged Returns
When evaluating MAROC LEASING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MAROC LEASING stock have on its future price. MAROC LEASING 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, MAROC LEASING autocorrelation shows the relationship between MAROC LEASING stock current value and its past values and can show if there is a momentum factor associated with investing in MAROC LEASING.
Regressed Prices |
| Timeline |