MetLife (Brazil) Market Value
| METB34 Stock | BRL 495.39 3.11 0.62% |
| Symbol | MetLife |
MetLife '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 MetLife'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 MetLife.
| 09/26/2024 |
| 12/25/2024 |
If you would invest 0.00 in MetLife on September 26, 2024 and sell it all today you would earn a total of 0.00 from holding MetLife or generate 0.0% return on investment in MetLife over 90 days. MetLife is related to or competes with Prudential Financial, Walmart, Porto Seguro, Visa, AvalonBay Communities, and WEG SA. MetLife, Inc., a financial services company, provides insurance, annuities, employee benefits, and asset management serv... More
MetLife 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 MetLife'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 MetLife upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.1395 | |||
| Maximum Drawdown | 11.29 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 3.72 |
MetLife Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MetLife's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MetLife's standard deviation. In reality, there are many statistical measures that can use MetLife historical prices to predict the future MetLife's volatility.| Risk Adjusted Performance | 0.1398 | |||
| Jensen Alpha | 0.2391 | |||
| Total Risk Alpha | 0.1809 | |||
| Sortino Ratio | 0.0998 | |||
| Treynor Ratio | 1.08 |
MetLife Backtested Returns
MetLife appears to be very steady, given 3 months investment horizon. MetLife has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for MetLife, which you can use to evaluate the volatility of the firm. Please exercise MetLife's Downside Deviation of 2.13, risk adjusted performance of 0.1398, and Mean Deviation of 0.7611 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MetLife holds a performance score of 13. The company secures a Beta (Market Risk) of 0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MetLife's returns are expected to increase less than the market. However, during the bear market, the loss of holding MetLife is expected to be smaller as well. Please check MetLife's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether MetLife's current price movements will revert.
Auto-correlation | 0.78 |
Good predictability
MetLife has good predictability. Overlapping area represents the amount of predictability between MetLife time series from 26th of September 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 MetLife price movement. The serial correlation of 0.78 indicates that around 78.0% of current MetLife price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 248.79 |
MetLife lagged returns against current returns
Autocorrelation, which is MetLife 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 MetLife's stock expected returns. We can calculate the autocorrelation of MetLife returns to help us make a trade decision. For example, suppose you find that MetLife 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 |
MetLife 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 MetLife stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MetLife stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MetLife stock over time.
Current vs Lagged Prices |
| Timeline |
MetLife Lagged Returns
When evaluating MetLife's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MetLife stock have on its future price. MetLife 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, MetLife autocorrelation shows the relationship between MetLife stock current value and its past values and can show if there is a momentum factor associated with investing in MetLife.
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 Information and Resources on Investing in MetLife Stock
When determining whether MetLife is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MetLife Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Metlife Stock. Highlighted below are key reports to facilitate an investment decision about Metlife Stock:Check out MetLife Correlation, MetLife Volatility and MetLife Alpha and Beta module to complement your research on MetLife. For information on how to trade MetLife Stock refer to our How to Trade MetLife Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
MetLife technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.