Morphic Ethical (Australia) Market Value

MEC Stock   1.02  0.03  2.86%   
Morphic Ethical's market value is the price at which a share of Morphic Ethical trades on a public exchange. It measures the collective expectations of Morphic Ethical Equities investors about its performance. Morphic Ethical is selling for under 1.02 as of the 2nd of January 2025; that is 2.86 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 1.02.
With this module, you can estimate the performance of a buy and hold strategy of Morphic Ethical Equities and determine expected loss or profit from investing in Morphic Ethical over a given investment horizon. Check out Morphic Ethical Correlation, Morphic Ethical Volatility and Morphic Ethical Alpha and Beta module to complement your research on Morphic Ethical.
Symbol

Please note, there is a significant difference between Morphic Ethical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Morphic Ethical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Morphic Ethical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Morphic Ethical '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 Morphic Ethical'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 Morphic Ethical.
0.00
01/13/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
01/02/2025
0.00
If you would invest  0.00  in Morphic Ethical on January 13, 2023 and sell it all today you would earn a total of 0.00 from holding Morphic Ethical Equities or generate 0.0% return on investment in Morphic Ethical over 720 days. Morphic Ethical is related to or competes with Perseus Mining. Morphic Ethical is entity of Australia. It is traded as Stock on AU exchange. More

Morphic Ethical 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 Morphic Ethical'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 Morphic Ethical Equities upside and downside potential and time the market with a certain degree of confidence.

Morphic Ethical Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Morphic Ethical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Morphic Ethical's standard deviation. In reality, there are many statistical measures that can use Morphic Ethical historical prices to predict the future Morphic Ethical's volatility.
Hype
Prediction
LowEstimatedHigh
0.051.022.47
Details
Intrinsic
Valuation
LowRealHigh
0.051.022.47
Details

Morphic Ethical Equities Backtested Returns

Currently, Morphic Ethical Equities is risky. Morphic Ethical Equities has Sharpe Ratio of 0.0183, which conveys that the firm had a 0.0183% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Morphic Ethical, which you can use to evaluate the volatility of the firm. Please verify Morphic Ethical's Mean Deviation of 0.9813, risk adjusted performance of 0.0352, and Downside Deviation of 2.07 to check out if the risk estimate we provide is consistent with the expected return of 0.0266%. Morphic Ethical has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0301, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Morphic Ethical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Morphic Ethical is expected to be smaller as well. Morphic Ethical Equities right now secures a risk of 1.45%. Please verify Morphic Ethical Equities total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Morphic Ethical Equities will be following its current price movements.

Auto-correlation

    
  -0.04  

Very weak reverse predictability

Morphic Ethical Equities has very weak reverse predictability. Overlapping area represents the amount of predictability between Morphic Ethical time series from 13th of January 2023 to 8th of January 2024 and 8th of January 2024 to 2nd 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 Morphic Ethical Equities price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current Morphic Ethical price fluctuation can be explain by its past prices.
Correlation Coefficient-0.04
Spearman Rank Test0.15
Residual Average0.0
Price Variance0.0

Morphic Ethical Equities lagged returns against current returns

Autocorrelation, which is Morphic Ethical 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 Morphic Ethical's stock expected returns. We can calculate the autocorrelation of Morphic Ethical returns to help us make a trade decision. For example, suppose you find that Morphic Ethical 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  

Morphic Ethical 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 Morphic Ethical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Morphic Ethical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Morphic Ethical stock over time.
   Current vs Lagged Prices   
       Timeline  

Morphic Ethical Lagged Returns

When evaluating Morphic Ethical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Morphic Ethical stock have on its future price. Morphic Ethical 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, Morphic Ethical autocorrelation shows the relationship between Morphic Ethical stock current value and its past values and can show if there is a momentum factor associated with investing in Morphic Ethical Equities.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Morphic Stock Analysis

When running Morphic Ethical's price analysis, check to measure Morphic Ethical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Morphic Ethical is operating at the current time. Most of Morphic Ethical's value examination focuses on studying past and present price action to predict the probability of Morphic Ethical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Morphic Ethical's price. Additionally, you may evaluate how the addition of Morphic Ethical to your portfolios can decrease your overall portfolio volatility.