MOL Nyrt (Hungary) Market Value
| MOL Stock | 2,706 24.00 0.88% |
| Symbol | MOL |
MOL Nyrt '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 MOL Nyrt'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 MOL Nyrt.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in MOL Nyrt on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding MOL Nyrt or generate 0.0% return on investment in MOL Nyrt over 360 days. MOL Nyrt is related to or competes with Nutex Investments, AKKO Invest, Raba Jarmuipari, and ALTEO Energiaszolgalta. More
MOL Nyrt 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 MOL Nyrt'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 MOL Nyrt upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9471 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.35 | |||
| Value At Risk | (1.29) | |||
| Potential Upside | 1.65 |
MOL Nyrt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MOL Nyrt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MOL Nyrt's standard deviation. In reality, there are many statistical measures that can use MOL Nyrt historical prices to predict the future MOL Nyrt's volatility.| Risk Adjusted Performance | 0.0545 | |||
| Jensen Alpha | 0.0403 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.3183 |
MOL Nyrt Backtested Returns
At this point, MOL Nyrt is very steady. MOL Nyrt has Sharpe Ratio of 0.05, which conveys that the firm had a 0.05% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for MOL Nyrt, which you can use to evaluate the volatility of the firm. Please verify MOL Nyrt's risk adjusted performance of 0.0545, and Mean Deviation of 0.8036 to check out if the risk estimate we provide is consistent with the expected return of 0.0457%. MOL Nyrt has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, MOL Nyrt's returns are expected to increase less than the market. However, during the bear market, the loss of holding MOL Nyrt is expected to be smaller as well. MOL Nyrt currently secures a risk of 0.92%. Please verify MOL Nyrt standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if MOL Nyrt will be following its current price movements.
Auto-correlation | -0.84 |
Excellent reverse predictability
MOL Nyrt has excellent reverse predictability. Overlapping area represents the amount of predictability between MOL Nyrt time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th 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 MOL Nyrt price movement. The serial correlation of -0.84 indicates that around 84.0% of current MOL Nyrt price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 8757.31 |
MOL Nyrt lagged returns against current returns
Autocorrelation, which is MOL Nyrt 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 MOL Nyrt's stock expected returns. We can calculate the autocorrelation of MOL Nyrt returns to help us make a trade decision. For example, suppose you find that MOL Nyrt 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 |
MOL Nyrt 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 MOL Nyrt stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MOL Nyrt stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MOL Nyrt stock over time.
Current vs Lagged Prices |
| Timeline |
MOL Nyrt Lagged Returns
When evaluating MOL Nyrt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MOL Nyrt stock have on its future price. MOL Nyrt 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, MOL Nyrt autocorrelation shows the relationship between MOL Nyrt stock current value and its past values and can show if there is a momentum factor associated with investing in MOL Nyrt.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in MOL Stock
MOL Nyrt financial ratios help investors to determine whether MOL Stock 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 MOL with respect to the benefits of owning MOL Nyrt security.