MCB GROUP (Mauritius) Market Value
| MCBG-P Stock | 10.95 0.00 0.00% |
| Symbol | MCB |
MCB GROUP '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 MCB GROUP'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 MCB GROUP.
| 12/13/2024 |
| 01/12/2025 |
If you would invest 0.00 in MCB GROUP on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding MCB GROUP LTD or generate 0.0% return on investment in MCB GROUP over 30 days.
MCB GROUP 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 MCB GROUP'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 MCB GROUP LTD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 12.71 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 1.45 |
MCB GROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MCB GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MCB GROUP's standard deviation. In reality, there are many statistical measures that can use MCB GROUP historical prices to predict the future MCB GROUP's volatility.| Risk Adjusted Performance | 0.0024 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.01 | |||
| Treynor Ratio | 0.104 |
MCB GROUP LTD Backtested Returns
At this point, MCB GROUP is somewhat reliable. MCB GROUP LTD retains Efficiency (Sharpe Ratio) of 0.0626, which conveys that the company had a 0.0626% return per unit of return volatility over the last 3 months. We have found nineteen technical indicators for MCB GROUP, which you can use to evaluate the volatility of the entity. Please verify MCB GROUP's Market Risk Adjusted Performance of 0.114, mean deviation of 0.7072, and Standard Deviation of 1.97 to check out if the risk estimate we provide is consistent with the expected return of 0.12%. MCB GROUP has a performance score of 4 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MCB GROUP are expected to decrease at a much lower rate. During the bear market, MCB GROUP is likely to outperform the market. MCB GROUP LTD at this time owns a risk of 1.84%. Please verify MCB GROUP LTD mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if MCB GROUP LTD will be following its current price history.
Auto-correlation | 0.00 |
No correlation between past and present
MCB GROUP LTD has no correlation between past and present. Overlapping area represents the amount of predictability between MCB GROUP time series from 13th of December 2024 to 28th of December 2024 and 28th of December 2024 to 12th of January 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 MCB GROUP LTD price movement. The serial correlation of 0.0 indicates that just 0.0% of current MCB GROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MCB GROUP LTD lagged returns against current returns
Autocorrelation, which is MCB GROUP 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 MCB GROUP's stock expected returns. We can calculate the autocorrelation of MCB GROUP returns to help us make a trade decision. For example, suppose you find that MCB GROUP 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 |
MCB GROUP 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 MCB GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MCB GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MCB GROUP stock over time.
Current vs Lagged Prices |
| Timeline |
MCB GROUP Lagged Returns
When evaluating MCB GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MCB GROUP stock have on its future price. MCB GROUP 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, MCB GROUP autocorrelation shows the relationship between MCB GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in MCB GROUP LTD.
Regressed Prices |
| Timeline |
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