Maschinenfabrik Berthold (Germany) Market Value
| MBH3 Stock | EUR 162.50 2.50 1.56% |
| Symbol | Maschinenfabrik |
Maschinenfabrik Berthold '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 Maschinenfabrik Berthold'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 Maschinenfabrik Berthold.
| 07/02/2024 |
| 12/29/2024 |
If you would invest 0.00 in Maschinenfabrik Berthold on July 2, 2024 and sell it all today you would earn a total of 0.00 from holding Maschinenfabrik Berthold Hermle or generate 0.0% return on investment in Maschinenfabrik Berthold over 180 days. Maschinenfabrik Berthold is related to or competes with Canon, Canon, Ricoh Company, Canon Marketing, HNI, PAX Global. Maschinenfabrik Berthold Hermle AG manufactures and sells milling machines worldwide More
Maschinenfabrik Berthold 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 Maschinenfabrik Berthold'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 Maschinenfabrik Berthold Hermle upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 7.61 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 3.46 |
Maschinenfabrik Berthold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Maschinenfabrik Berthold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Maschinenfabrik Berthold's standard deviation. In reality, there are many statistical measures that can use Maschinenfabrik Berthold historical prices to predict the future Maschinenfabrik Berthold's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | 0.4837 |
Maschinenfabrik Berthold Backtested Returns
Maschinenfabrik Berthold has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. Maschinenfabrik Berthold exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Maschinenfabrik Berthold's Risk Adjusted Performance of (0.12), mean deviation of 1.42, and Standard Deviation of 1.84 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 Maschinenfabrik Berthold are expected to decrease at a much lower rate. During the bear market, Maschinenfabrik Berthold is likely to outperform the market. At this point, Maschinenfabrik Berthold has a negative expected return of -0.28%. Please make sure to verify Maschinenfabrik Berthold's skewness, accumulation distribution, and the relationship between the potential upside and kurtosis , to decide if Maschinenfabrik Berthold performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.79 |
Good predictability
Maschinenfabrik Berthold Hermle has good predictability. Overlapping area represents the amount of predictability between Maschinenfabrik Berthold time series from 2nd of July 2024 to 30th of September 2024 and 30th of September 2024 to 29th 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 Maschinenfabrik Berthold price movement. The serial correlation of 0.79 indicates that around 79.0% of current Maschinenfabrik Berthold price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 177.66 |
Maschinenfabrik Berthold lagged returns against current returns
Autocorrelation, which is Maschinenfabrik Berthold 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 Maschinenfabrik Berthold's stock expected returns. We can calculate the autocorrelation of Maschinenfabrik Berthold returns to help us make a trade decision. For example, suppose you find that Maschinenfabrik Berthold 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 |
Maschinenfabrik Berthold 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 Maschinenfabrik Berthold stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Maschinenfabrik Berthold stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Maschinenfabrik Berthold stock over time.
Current vs Lagged Prices |
| Timeline |
Maschinenfabrik Berthold Lagged Returns
When evaluating Maschinenfabrik Berthold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Maschinenfabrik Berthold stock have on its future price. Maschinenfabrik Berthold 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, Maschinenfabrik Berthold autocorrelation shows the relationship between Maschinenfabrik Berthold stock current value and its past values and can show if there is a momentum factor associated with investing in Maschinenfabrik Berthold Hermle.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Maschinenfabrik Stock
Maschinenfabrik Berthold financial ratios help investors to determine whether Maschinenfabrik 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 Maschinenfabrik with respect to the benefits of owning Maschinenfabrik Berthold security.