MED PAPER (Morocco) Market Value
| MED-PAPER | 22.25 0.25 1.11% |
| Symbol | MED |
MED PAPER '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 MED PAPER'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 MED PAPER.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in MED PAPER on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding MED PAPER or generate 0.0% return on investment in MED PAPER over 90 days.
MED PAPER 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 MED PAPER'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 MED PAPER upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.116 | |||
| Maximum Drawdown | 15.44 | |||
| Value At Risk | (3.55) | |||
| Potential Upside | 4.28 |
MED PAPER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MED PAPER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MED PAPER's standard deviation. In reality, there are many statistical measures that can use MED PAPER historical prices to predict the future MED PAPER's volatility.| Risk Adjusted Performance | 0.0769 | |||
| Jensen Alpha | 0.1776 | |||
| Total Risk Alpha | 0.4509 | |||
| Sortino Ratio | 0.1319 | |||
| Treynor Ratio | (2.70) |
MED PAPER Backtested Returns
Currently, MED PAPER is not too volatile. MED PAPER has Sharpe Ratio of 0.0349, which conveys that the firm had a 0.0349 % return per unit of risk over the last 3 months. We have found thirty technical indicators for MED PAPER, which you can use to evaluate the volatility of the firm. Please verify MED PAPER's risk adjusted performance of 0.0769, and Mean Deviation of 1.62 to check out if the risk estimate we provide is consistent with the expected return of 0.0844%. MED PAPER has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0682, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MED PAPER are expected to decrease at a much lower rate. During the bear market, MED PAPER is likely to outperform the market. MED PAPER at this time secures a risk of 2.42%. Please verify MED PAPER total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to decide if MED PAPER will be following its current price movements.
Auto-correlation | -0.16 |
Insignificant reverse predictability
MED PAPER has insignificant reverse predictability. Overlapping area represents the amount of predictability between MED PAPER time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 MED PAPER price movement. The serial correlation of -0.16 indicates that over 16.0% of current MED PAPER price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
MED PAPER lagged returns against current returns
Autocorrelation, which is MED PAPER 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 MED PAPER's stock expected returns. We can calculate the autocorrelation of MED PAPER returns to help us make a trade decision. For example, suppose you find that MED PAPER 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 |
MED PAPER 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 MED PAPER stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MED PAPER stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MED PAPER stock over time.
Current vs Lagged Prices |
| Timeline |
MED PAPER Lagged Returns
When evaluating MED PAPER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MED PAPER stock have on its future price. MED PAPER 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, MED PAPER autocorrelation shows the relationship between MED PAPER stock current value and its past values and can show if there is a momentum factor associated with investing in MED PAPER.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for MED Stock Analysis
When running MED PAPER's price analysis, check to measure MED PAPER'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 MED PAPER is operating at the current time. Most of MED PAPER's value examination focuses on studying past and present price action to predict the probability of MED PAPER's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MED PAPER's price. Additionally, you may evaluate how the addition of MED PAPER to your portfolios can decrease your overall portfolio volatility.