Markel (Germany) Market Value
| MKV Stock | EUR 1,703 11.00 0.65% |
| Symbol | Markel |
Markel '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 Markel'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 Markel.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Markel on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Markel or generate 0.0% return on investment in Markel over 90 days. Markel is related to or competes with CPU SOFTWAREHOUSE, ATOSS SOFTWARE, Perseus Mining, Zijin Mining, ASURE SOFTWARE, and Alfa Financial. Markel Corporation, a diverse financial holding company, markets and underwrites specialty insurance products in the Uni... More
Markel 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 Markel'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 Markel upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | 0.0938 | |||
| Maximum Drawdown | 9.54 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 2.47 |
Markel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Markel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Markel's standard deviation. In reality, there are many statistical measures that can use Markel historical prices to predict the future Markel's volatility.| Risk Adjusted Performance | 0.1468 | |||
| Jensen Alpha | 0.179 | |||
| Total Risk Alpha | 0.0179 | |||
| Sortino Ratio | 0.096 | |||
| Treynor Ratio | 0.3836 |
Markel Backtested Returns
Markel appears to be very steady, given 3 months investment horizon. Markel has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Markel, which you can use to evaluate the volatility of the firm. Please exercise Markel's Downside Deviation of 1.46, risk adjusted performance of 0.1468, and Mean Deviation of 0.9842 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Markel holds a performance score of 15. The company secures a Beta (Market Risk) of 0.7, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Markel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Markel is expected to be smaller as well. Please check Markel's potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Markel's current price movements will revert.
Auto-correlation | 0.52 |
Modest predictability
Markel has modest predictability. Overlapping area represents the amount of predictability between Markel time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 Markel price movement. The serial correlation of 0.52 indicates that about 52.0% of current Markel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 9572.29 |
Markel lagged returns against current returns
Autocorrelation, which is Markel 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 Markel's stock expected returns. We can calculate the autocorrelation of Markel returns to help us make a trade decision. For example, suppose you find that Markel 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 |
Markel 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 Markel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Markel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Markel stock over time.
Current vs Lagged Prices |
| Timeline |
Markel Lagged Returns
When evaluating Markel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Markel stock have on its future price. Markel 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, Markel autocorrelation shows the relationship between Markel stock current value and its past values and can show if there is a momentum factor associated with investing in Markel.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Markel Stock
When determining whether Markel is a strong investment it is important to analyze Markel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Markel's future performance. For an informed investment choice regarding Markel Stock, refer to the following important reports:Check out Markel Correlation, Markel Volatility and Markel Alpha and Beta module to complement your research on Markel. For more detail on how to invest in Markel Stock please use our How to Invest in Markel guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Markel 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.