Mercedes Benz (Germany) Market Value
| MBG Stock | EUR 55.78 0.02 0.04% |
| Symbol | Mercedes |
Mercedes Benz '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 Mercedes Benz'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 Mercedes Benz.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Mercedes Benz on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Mercedes Benz Group AG or generate 0.0% return on investment in Mercedes Benz over 720 days. Mercedes Benz is related to or competes with PARKEN Sport, GEAR4MUSIC, Hollywood Bowl, LG Display, and Zoom Video. Marinomed Biotech AG, a biopharmaceutical company, develops products for respiratory and ophthalmological diseases in Au... More
Mercedes Benz 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 Mercedes Benz'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 Mercedes Benz Group AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.12 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 1.98 |
Mercedes Benz Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mercedes Benz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mercedes Benz's standard deviation. In reality, there are many statistical measures that can use Mercedes Benz historical prices to predict the future Mercedes Benz's volatility.| Risk Adjusted Performance | 0.0028 | |||
| Jensen Alpha | 0.0461 | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.025 |
Mercedes Benz Group Backtested Returns
Mercedes Benz Group has Sharpe Ratio of -0.0094, which conveys that the firm had a -0.0094% return per unit of risk over the last 3 months. Mercedes Benz exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mercedes Benz's Standard Deviation of 1.52, risk adjusted performance of 0.0028, and Mean Deviation of 1.11 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Mercedes Benz are expected to decrease at a much lower rate. During the bear market, Mercedes Benz is likely to outperform the market. At this point, Mercedes Benz Group has a negative expected return of -0.0144%. Please make sure to verify Mercedes Benz's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Mercedes Benz Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.57 |
Modest predictability
Mercedes Benz Group AG has modest predictability. Overlapping area represents the amount of predictability between Mercedes Benz time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Mercedes Benz Group price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Mercedes Benz price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 27.8 |
Mercedes Benz Group lagged returns against current returns
Autocorrelation, which is Mercedes Benz 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 Mercedes Benz's stock expected returns. We can calculate the autocorrelation of Mercedes Benz returns to help us make a trade decision. For example, suppose you find that Mercedes Benz 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 |
Mercedes Benz 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 Mercedes Benz stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mercedes Benz stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mercedes Benz stock over time.
Current vs Lagged Prices |
| Timeline |
Mercedes Benz Lagged Returns
When evaluating Mercedes Benz's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mercedes Benz stock have on its future price. Mercedes Benz 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, Mercedes Benz autocorrelation shows the relationship between Mercedes Benz stock current value and its past values and can show if there is a momentum factor associated with investing in Mercedes Benz Group AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Mercedes Stock
Mercedes Benz financial ratios help investors to determine whether Mercedes 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 Mercedes with respect to the benefits of owning Mercedes Benz security.