Military Commercial (Vietnam) Market Value
| MBB Stock | 24,600 200.00 0.81% |
| Symbol | Military |
Military Commercial '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 Military Commercial'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 Military Commercial.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Military Commercial on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Military Commercial Joint or generate 0.0% return on investment in Military Commercial over 90 days. Military Commercial is related to or competes with FIT INVEST, Damsan JSC, An Phat, Alphanam, APG Securities, Binhthuan Agriculture, and Mekong Fisheries. More
Military Commercial 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 Military Commercial'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 Military Commercial Joint upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.01 | |||
| Information Ratio | 0.3558 | |||
| Maximum Drawdown | 4.92 | |||
| Value At Risk | (1.44) | |||
| Potential Upside | 2.04 |
Military Commercial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Military Commercial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Military Commercial's standard deviation. In reality, there are many statistical measures that can use Military Commercial historical prices to predict the future Military Commercial's volatility.| Risk Adjusted Performance | 0.2059 | |||
| Jensen Alpha | 0.2165 | |||
| Total Risk Alpha | 0.4086 | |||
| Sortino Ratio | 0.3709 | |||
| Treynor Ratio | (0.99) |
Military Commercial Joint Backtested Returns
Military Commercial appears to be very steady, given 3 months investment horizon. Military Commercial Joint has Sharpe Ratio of 0.26, which conveys that the firm had a 0.26 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Military Commercial, which you can use to evaluate the volatility of the firm. Please exercise Military Commercial's Downside Deviation of 1.01, mean deviation of 0.8045, and Risk Adjusted Performance of 0.2059 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Military Commercial holds a performance score of 20. The company secures a Beta (Market Risk) of -0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Military Commercial are expected to decrease at a much lower rate. During the bear market, Military Commercial is likely to outperform the market. Please check Military Commercial's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Military Commercial's current price movements will revert.
Auto-correlation | 0.58 |
Modest predictability
Military Commercial Joint has modest predictability. Overlapping area represents the amount of predictability between Military Commercial time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Military Commercial Joint price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Military Commercial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 529.6 K |
Military Commercial Joint lagged returns against current returns
Autocorrelation, which is Military Commercial 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 Military Commercial's stock expected returns. We can calculate the autocorrelation of Military Commercial returns to help us make a trade decision. For example, suppose you find that Military Commercial 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 |
Military Commercial 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 Military Commercial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Military Commercial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Military Commercial stock over time.
Current vs Lagged Prices |
| Timeline |
Military Commercial Lagged Returns
When evaluating Military Commercial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Military Commercial stock have on its future price. Military Commercial 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, Military Commercial autocorrelation shows the relationship between Military Commercial stock current value and its past values and can show if there is a momentum factor associated with investing in Military Commercial Joint.
Regressed Prices |
| Timeline |
Pair Trading with Military Commercial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Military Commercial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Military Commercial will appreciate offsetting losses from the drop in the long position's value.Moving against Military Stock
The ability to find closely correlated positions to Military Commercial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Military Commercial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Military Commercial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Military Commercial Joint to buy it.
The correlation of Military Commercial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Military Commercial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Military Commercial Joint moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Military Commercial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Military Stock
Military Commercial financial ratios help investors to determine whether Military 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 Military with respect to the benefits of owning Military Commercial security.