Melrose Industries Plc Stock Market Value

MLSPF Stock  USD 6.81  0.07  1.04%   
Melrose Industries' market value is the price at which a share of Melrose Industries trades on a public exchange. It measures the collective expectations of Melrose Industries PLC investors about its performance. Melrose Industries is trading at 6.81 as of the 24th of December 2024. This is a 1.04 percent increase since the beginning of the trading day. The stock's lowest day price was 6.76.
With this module, you can estimate the performance of a buy and hold strategy of Melrose Industries PLC and determine expected loss or profit from investing in Melrose Industries over a given investment horizon. Check out Melrose Industries Correlation, Melrose Industries Volatility and Melrose Industries Alpha and Beta module to complement your research on Melrose Industries.
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Please note, there is a significant difference between Melrose Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Melrose Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melrose Industries' 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.

Melrose Industries '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 Melrose Industries' pink sheet 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 Melrose Industries.
0.00
11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in Melrose Industries on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Melrose Industries PLC or generate 0.0% return on investment in Melrose Industries over 30 days. Melrose Industries is related to or competes with JE Cleantech, Greenland Acquisition, Laser Photonics, Nuburu, Omega Flex, Luxfer Holdings, and Hurco Companies. Melrose Industries PLC engages in the aerospace, automotive, powder metallurgy, and other industrial businesses in the U... More

Melrose Industries 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 Melrose Industries' pink sheet 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 Melrose Industries PLC upside and downside potential and time the market with a certain degree of confidence.

Melrose Industries Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Melrose Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Melrose Industries' standard deviation. In reality, there are many statistical measures that can use Melrose Industries historical prices to predict the future Melrose Industries' volatility.
Hype
Prediction
LowEstimatedHigh
2.656.8110.97
Details
Intrinsic
Valuation
LowRealHigh
1.435.599.75
Details

Melrose Industries PLC Backtested Returns

Melrose Industries appears to be moderately volatile, given 3 months investment horizon. Melrose Industries PLC has Sharpe Ratio of 0.0675, which conveys that the firm had a 0.0675% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Melrose Industries, which you can use to evaluate the volatility of the firm. Please exercise Melrose Industries' Mean Deviation of 3.12, downside deviation of 4.65, and Risk Adjusted Performance of 0.0499 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Melrose Industries holds a performance score of 5. The company secures a Beta (Market Risk) of 0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Melrose Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Melrose Industries is expected to be smaller as well. Please check Melrose Industries' sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Melrose Industries' current price movements will revert.

Auto-correlation

    
  -0.21  

Weak reverse predictability

Melrose Industries PLC has weak reverse predictability. Overlapping area represents the amount of predictability between Melrose Industries time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 Melrose Industries PLC price movement. The serial correlation of -0.21 indicates that over 21.0% of current Melrose Industries price fluctuation can be explain by its past prices.
Correlation Coefficient-0.21
Spearman Rank Test-0.18
Residual Average0.0
Price Variance0.05

Melrose Industries PLC lagged returns against current returns

Autocorrelation, which is Melrose Industries pink sheet'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 Melrose Industries' pink sheet expected returns. We can calculate the autocorrelation of Melrose Industries returns to help us make a trade decision. For example, suppose you find that Melrose Industries has exhibited high autocorrelation historically, and you observe that the pink sheet 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  

Melrose Industries 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 Melrose Industries pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Melrose Industries pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Melrose Industries pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Melrose Industries Lagged Returns

When evaluating Melrose Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Melrose Industries pink sheet have on its future price. Melrose Industries 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, Melrose Industries autocorrelation shows the relationship between Melrose Industries pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Melrose Industries PLC.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Melrose Pink Sheet

Melrose Industries financial ratios help investors to determine whether Melrose Pink Sheet 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 Melrose with respect to the benefits of owning Melrose Industries security.