MCB INDIA (Mauritius) Market Value
| MISB Stock | 7.31 0.06 0.81% |
| Symbol | MCB |
MCB INDIA '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 INDIA'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 INDIA.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in MCB INDIA on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding MCB INDIA SOVEREIGN or generate 0.0% return on investment in MCB INDIA over 30 days.
MCB INDIA 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 INDIA'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 INDIA SOVEREIGN upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 3.22 |
MCB INDIA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MCB INDIA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MCB INDIA's standard deviation. In reality, there are many statistical measures that can use MCB INDIA historical prices to predict the future MCB INDIA's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 1.13 |
MCB INDIA SOVEREIGN Backtested Returns
MCB INDIA SOVEREIGN retains Efficiency (Sharpe Ratio) of -0.0764, which conveys that the company had a -0.0764 % return per unit of return volatility over the last 3 months. MCB INDIA exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MCB INDIA's Mean Deviation of 0.0874, market risk adjusted performance of 1.14, and Standard Deviation of 0.3042 to check out the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.0285, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MCB INDIA are expected to decrease at a much lower rate. During the bear market, MCB INDIA is likely to outperform the market. At this point, MCB INDIA SOVEREIGN has a negative expected return of -0.0244%. Please make sure to verify MCB INDIA's standard deviation, information ratio, and the relationship between the coefficient of variation and variance , to decide if MCB INDIA SOVEREIGN performance from the past will be repeated in the future.
Auto-correlation | -92,233,720,368,547,760 |
Near perfect reversele predictability
MCB INDIA SOVEREIGN has near perfect reversele predictability. Overlapping area represents the amount of predictability between MCB INDIA time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th 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 INDIA SOVEREIGN price movement. The serial correlation of -9.223372036854776E16 indicates that 9.223372036854776E16% of current MCB INDIA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -92233.7 T | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
MCB INDIA SOVEREIGN lagged returns against current returns
Autocorrelation, which is MCB INDIA 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 INDIA's stock expected returns. We can calculate the autocorrelation of MCB INDIA returns to help us make a trade decision. For example, suppose you find that MCB INDIA 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 INDIA 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 INDIA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MCB INDIA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MCB INDIA stock over time.
Current vs Lagged Prices |
| Timeline |
MCB INDIA Lagged Returns
When evaluating MCB INDIA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MCB INDIA stock have on its future price. MCB INDIA 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 INDIA autocorrelation shows the relationship between MCB INDIA stock current value and its past values and can show if there is a momentum factor associated with investing in MCB INDIA SOVEREIGN.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio Architect