Melcor Developments Stock Market Value
| MODVF Stock | USD 8.91 0.33 3.85% |
| Symbol | Melcor |
Melcor Developments '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 Melcor Developments' 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 Melcor Developments.
| 12/07/2024 |
| 01/06/2025 |
If you would invest 0.00 in Melcor Developments on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding Melcor Developments or generate 0.0% return on investment in Melcor Developments over 30 days. Melcor Developments is related to or competes with Landsea Homes, Five Point, AMREP, American Realty, and Forestar. Melcor Developments Ltd. operates as a real estate development company in the United States and Canada More
Melcor Developments 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 Melcor Developments' 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 Melcor Developments upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 7.19 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 1.21 |
Melcor Developments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Melcor Developments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Melcor Developments' standard deviation. In reality, there are many statistical measures that can use Melcor Developments historical prices to predict the future Melcor Developments' volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 1.61 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Melcor Developments' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Melcor Developments Backtested Returns
Melcor Developments has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Melcor Developments exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Melcor Developments' Risk Adjusted Performance of (0.10), mean deviation of 0.5735, and Standard Deviation of 1.08 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0921, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Melcor Developments are expected to decrease at a much lower rate. During the bear market, Melcor Developments is likely to outperform the market. At this point, Melcor Developments has a negative expected return of -0.14%. Please make sure to verify Melcor Developments' treynor ratio, as well as the relationship between the daily balance of power and price action indicator , to decide if Melcor Developments performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Melcor Developments has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Melcor Developments time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th 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 Melcor Developments price movement. The serial correlation of -0.79 indicates that around 79.0% of current Melcor Developments price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Melcor Developments lagged returns against current returns
Autocorrelation, which is Melcor Developments 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 Melcor Developments' pink sheet expected returns. We can calculate the autocorrelation of Melcor Developments returns to help us make a trade decision. For example, suppose you find that Melcor Developments 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 |
Melcor Developments 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 Melcor Developments pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Melcor Developments pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Melcor Developments pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Melcor Developments Lagged Returns
When evaluating Melcor Developments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Melcor Developments pink sheet have on its future price. Melcor Developments 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, Melcor Developments autocorrelation shows the relationship between Melcor Developments pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Melcor Developments.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| BTC | Bitcoin | |
| TRX | TRON | |
| BNB | Binance Coin | |
| ADA | Cardano | |
| XRP | XRP |
Other Information on Investing in Melcor Pink Sheet
Melcor Developments financial ratios help investors to determine whether Melcor 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 Melcor with respect to the benefits of owning Melcor Developments security.