Mercantile Investment (UK) Market Value
| MRC Stock | 232.00 3.00 1.31% |
| Symbol | Mercantile |
Mercantile 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 Mercantile 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 Mercantile Investment.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Mercantile Investment on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding The Mercantile Investment or generate 0.0% return on investment in Mercantile Investment over 90 days. Mercantile Investment is related to or competes with GoldMining, United States, Endeavour Mining, Impax Environmental, Zurich Insurance, Iron Mountain, and Dentsply Sirona. Mercantile Investment is entity of United Kingdom More
Mercantile 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 Mercantile 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 The Mercantile Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0445 | |||
| Maximum Drawdown | 5.44 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 1.73 |
Mercantile Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mercantile Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mercantile Investment's standard deviation. In reality, there are many statistical measures that can use Mercantile Investment historical prices to predict the future Mercantile Investment's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | 0.0873 | |||
| Treynor Ratio | (0.11) |
The Mercantile Investment Backtested Returns
The Mercantile Investment has Sharpe Ratio of -0.023, which conveys that the firm had a -0.023 % return per unit of risk over the last 3 months. Mercantile Investment exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mercantile Investment's Standard Deviation of 1.16, market risk adjusted performance of (0.10), and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.51, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Mercantile Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Mercantile Investment is expected to be smaller as well. At this point, The Mercantile Investment has a negative expected return of -0.0269%. Please make sure to verify Mercantile Investment's value at risk, accumulation distribution, and the relationship between the treynor ratio and skewness , to decide if The Mercantile Investment performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
The Mercantile Investment has weak reverse predictability. Overlapping area represents the amount of predictability between Mercantile Investment time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 The Mercantile Investment price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Mercantile Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 23.82 |
The Mercantile Investment lagged returns against current returns
Autocorrelation, which is Mercantile 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 Mercantile Investment's stock expected returns. We can calculate the autocorrelation of Mercantile Investment returns to help us make a trade decision. For example, suppose you find that Mercantile 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 |
Mercantile 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 Mercantile Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mercantile Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mercantile Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Mercantile Investment Lagged Returns
When evaluating Mercantile Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mercantile Investment stock have on its future price. Mercantile 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, Mercantile Investment autocorrelation shows the relationship between Mercantile Investment stock current value and its past values and can show if there is a momentum factor associated with investing in The Mercantile Investment.
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 Mercantile Stock
Mercantile Investment financial ratios help investors to determine whether Mercantile 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 Mercantile with respect to the benefits of owning Mercantile Investment security.