Monks Investment (UK) Market Value
| MNKS Stock | 1,270 6.00 0.47% |
| Symbol | Monks |
Monks Investment '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 Monks Investment'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 Monks Investment.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Monks Investment on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Monks Investment Trust or generate 0.0% return on investment in Monks Investment over 30 days. Monks Investment is related to or competes with Sealed Air, Schweiter Technologies, Bloomsbury Publishing, Check Point, and Microchip Technology. Monks Investment is entity of United Kingdom More
Monks Investment 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 Monks Investment'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 Monks Investment Trust upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9014 | |||
| Information Ratio | 0.0042 | |||
| Maximum Drawdown | 4.05 | |||
| Value At Risk | (1.34) | |||
| Potential Upside | 1.72 |
Monks Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Monks Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Monks Investment's standard deviation. In reality, there are many statistical measures that can use Monks Investment historical prices to predict the future Monks Investment's volatility.| Risk Adjusted Performance | 0.12 | |||
| Jensen Alpha | 0.0865 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0043 | |||
| Treynor Ratio | 0.3731 |
Monks Investment Trust Backtested Returns
Currently, Monks Investment Trust is very steady. Monks Investment Trust has Sharpe Ratio of 0.17, which conveys that the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Monks Investment, which you can use to evaluate the volatility of the firm. Please verify Monks Investment's Mean Deviation of 0.7414, risk adjusted performance of 0.12, and Downside Deviation of 0.9014 to check out if the risk estimate we provide is consistent with the expected return of 0.15%. Monks Investment has a performance score of 13 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.35, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Monks Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Monks Investment is expected to be smaller as well. Monks Investment Trust right now secures a risk of 0.91%. Please verify Monks Investment Trust jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Monks Investment Trust will be following its current price movements.
Auto-correlation | 0.76 |
Good predictability
Monks Investment Trust has good predictability. Overlapping area represents the amount of predictability between Monks Investment time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Monks Investment Trust price movement. The serial correlation of 0.76 indicates that around 76.0% of current Monks Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 205.16 |
Monks Investment Trust lagged returns against current returns
Autocorrelation, which is Monks Investment 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 Monks Investment's stock expected returns. We can calculate the autocorrelation of Monks Investment returns to help us make a trade decision. For example, suppose you find that Monks Investment 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 |
Monks Investment 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 Monks Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Monks Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Monks Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Monks Investment Lagged Returns
When evaluating Monks Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Monks Investment stock have on its future price. Monks Investment 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, Monks Investment autocorrelation shows the relationship between Monks Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Monks Investment Trust.
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 Monks Stock Analysis
When running Monks Investment's price analysis, check to measure Monks Investment'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 Monks Investment is operating at the current time. Most of Monks Investment's value examination focuses on studying past and present price action to predict the probability of Monks Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monks Investment's price. Additionally, you may evaluate how the addition of Monks Investment to your portfolios can decrease your overall portfolio volatility.