Multilaser Industrial (Brazil) Market Value
| MLAS3 Stock | 1.21 0.02 1.68% |
| Symbol | Multilaser |
Multilaser Industrial '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 Multilaser Industrial'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 Multilaser Industrial.
| 01/26/2025 |
| 02/25/2025 |
If you would invest 0.00 in Multilaser Industrial on January 26, 2025 and sell it all today you would earn a total of 0.00 from holding Multilaser Industrial SA or generate 0.0% return on investment in Multilaser Industrial over 30 days. Multilaser Industrial is related to or competes with Intelbras, Pet Center, Locaweb Servios, and Mliuz SA. More
Multilaser Industrial 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 Multilaser Industrial'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 Multilaser Industrial SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 15.04 | |||
| Value At Risk | (4.88) | |||
| Potential Upside | 6.42 |
Multilaser Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multilaser Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multilaser Industrial's standard deviation. In reality, there are many statistical measures that can use Multilaser Industrial historical prices to predict the future Multilaser Industrial's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (1.95) |
Multilaser Industrial Backtested Returns
Multilaser Industrial has Sharpe Ratio of -0.0459, which conveys that the firm had a -0.0459 % return per unit of risk over the last 3 months. Multilaser Industrial exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Multilaser Industrial's Mean Deviation of 3.07, risk adjusted performance of (0.03), and Standard Deviation of 4.09 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.1, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Multilaser Industrial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Multilaser Industrial is expected to be smaller as well. At this point, Multilaser Industrial has a negative expected return of -0.19%. Please make sure to verify Multilaser Industrial's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Multilaser Industrial performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Multilaser Industrial SA has modest predictability. Overlapping area represents the amount of predictability between Multilaser Industrial time series from 26th of January 2025 to 10th of February 2025 and 10th of February 2025 to 25th of February 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 Multilaser Industrial price movement. The serial correlation of 0.51 indicates that about 51.0% of current Multilaser Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Multilaser Industrial lagged returns against current returns
Autocorrelation, which is Multilaser Industrial 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 Multilaser Industrial's stock expected returns. We can calculate the autocorrelation of Multilaser Industrial returns to help us make a trade decision. For example, suppose you find that Multilaser Industrial 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 |
Multilaser Industrial 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 Multilaser Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Multilaser Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Multilaser Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
Multilaser Industrial Lagged Returns
When evaluating Multilaser Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Multilaser Industrial stock have on its future price. Multilaser Industrial 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, Multilaser Industrial autocorrelation shows the relationship between Multilaser Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in Multilaser Industrial SA.
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 Multilaser Stock Analysis
When running Multilaser Industrial's price analysis, check to measure Multilaser Industrial'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 Multilaser Industrial is operating at the current time. Most of Multilaser Industrial's value examination focuses on studying past and present price action to predict the probability of Multilaser Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Multilaser Industrial's price. Additionally, you may evaluate how the addition of Multilaser Industrial to your portfolios can decrease your overall portfolio volatility.