Marks' market value is the price at which a share of Marks trades on a public exchange. It measures the collective expectations of Marks and Spencer investors about its performance. Marks is trading at 345.30 as of the 10th of January 2025, a 8.36 percent decrease since the beginning of the trading day. The stock's lowest day price was 343.99. With this module, you can estimate the performance of a buy and hold strategy of Marks and Spencer and determine expected loss or profit from investing in Marks over a given investment horizon. Check out Marks Correlation, Marks Volatility and Marks Alpha and Beta module to complement your research on Marks.
Please note, there is a significant difference between Marks' value and its price as these two are different measures arrived at by different means. Investors typically determine if Marks is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marks' 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.
Marks '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 Marks' 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 Marks.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Marks' 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 Marks and Spencer upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Marks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Marks' standard deviation. In reality, there are many statistical measures that can use Marks historical prices to predict the future Marks' volatility.
Marks and Spencer has Sharpe Ratio of -0.0783, which conveys that the firm had a -0.0783% return per unit of risk over the last 3 months. Marks exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Marks' Downside Deviation of 1.44, risk adjusted performance of 0.0279, and Mean Deviation of 1.1 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0347, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Marks' returns are expected to increase less than the market. However, during the bear market, the loss of holding Marks is expected to be smaller as well. At this point, Marks and Spencer has a negative expected return of -0.15%. Please make sure to verify Marks' expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Marks and Spencer performance from the past will be repeated at some point in the near future.
Auto-correlation
0.49
Average predictability
Marks and Spencer has average predictability. Overlapping area represents the amount of predictability between Marks time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th 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 Marks and Spencer price movement. The serial correlation of 0.49 indicates that about 49.0% of current Marks price fluctuation can be explain by its past prices.
Correlation Coefficient
0.49
Spearman Rank Test
0.28
Residual Average
0.0
Price Variance
154.35
Marks and Spencer lagged returns against current returns
Autocorrelation, which is Marks 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 Marks' stock expected returns. We can calculate the autocorrelation of Marks returns to help us make a trade decision. For example, suppose you find that Marks 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
Marks 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 Marks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Marks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Marks stock over time.
Current vs Lagged Prices
Timeline
Marks Lagged Returns
When evaluating Marks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Marks stock have on its future price. Marks 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, Marks autocorrelation shows the relationship between Marks stock current value and its past values and can show if there is a momentum factor associated with investing in Marks and Spencer.
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.
Marks financial ratios help investors to determine whether Marks Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Marks with respect to the benefits of owning Marks security.