Mindflair Plc (UK) Market Value
| MFAI Stock | 0.78 0.02 2.50% |
| Symbol | Mindflair |
Mindflair Plc '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 Mindflair Plc'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 Mindflair Plc.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Mindflair Plc on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Mindflair Plc or generate 0.0% return on investment in Mindflair Plc over 540 days. Mindflair Plc is related to or competes with Microchip Technology, Tatton Asset, Scandinavian Tobacco, Coor Service, Taiwan Semiconductor, and AIM ImmunoTech. Mindflair Plc is entity of United Kingdom More
Mindflair Plc 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 Mindflair Plc'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 Mindflair Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 24.79 | |||
| Value At Risk | (5.68) | |||
| Potential Upside | 3.75 |
Mindflair Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mindflair Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mindflair Plc's standard deviation. In reality, there are many statistical measures that can use Mindflair Plc historical prices to predict the future Mindflair Plc's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | 22.27 |
Mindflair Plc Backtested Returns
Mindflair Plc has Sharpe Ratio of -0.21, which conveys that the firm had a -0.21% return per unit of risk over the last 3 months. Mindflair Plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mindflair Plc's Risk Adjusted Performance of (0.08), mean deviation of 1.73, and Standard Deviation of 3.19 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0163, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mindflair Plc are expected to decrease at a much lower rate. During the bear market, Mindflair Plc is likely to outperform the market. At this point, Mindflair Plc has a negative expected return of -0.6%. Please make sure to verify Mindflair Plc's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Mindflair Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.5 |
Modest reverse predictability
Mindflair Plc has modest reverse predictability. Overlapping area represents the amount of predictability between Mindflair Plc time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 Mindflair Plc price movement. The serial correlation of -0.5 indicates that about 50.0% of current Mindflair Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Mindflair Plc lagged returns against current returns
Autocorrelation, which is Mindflair Plc 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 Mindflair Plc's stock expected returns. We can calculate the autocorrelation of Mindflair Plc returns to help us make a trade decision. For example, suppose you find that Mindflair Plc 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 |
Mindflair Plc 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 Mindflair Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mindflair Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mindflair Plc stock over time.
Current vs Lagged Prices |
| Timeline |
Mindflair Plc Lagged Returns
When evaluating Mindflair Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mindflair Plc stock have on its future price. Mindflair Plc 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, Mindflair Plc autocorrelation shows the relationship between Mindflair Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Mindflair Plc.
Regressed Prices |
| Timeline |
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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 Mindflair Stock Analysis
When running Mindflair Plc's price analysis, check to measure Mindflair Plc'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 Mindflair Plc is operating at the current time. Most of Mindflair Plc's value examination focuses on studying past and present price action to predict the probability of Mindflair Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mindflair Plc's price. Additionally, you may evaluate how the addition of Mindflair Plc to your portfolios can decrease your overall portfolio volatility.