Margo Caribe Stock Market Value
| MRGO Stock | USD 4.65 3.65 365.00% |
| Symbol | Margo |
Margo Caribe '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 Margo Caribe's 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 Margo Caribe.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Margo Caribe on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Margo Caribe or generate 0.0% return on investment in Margo Caribe over 30 days. Margo Caribe is related to or competes with Kaltura, Solstad Offshore, KNOT Offshore, Academy Sports, WT Offshore, United Parks, and Planet Fitness. Margo Caribe Inc. grows, distributes, and installs tropical plants and trees More
Margo Caribe 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 Margo Caribe's 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 Margo Caribe upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0781 | |||
| Maximum Drawdown | 78.36 |
Margo Caribe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Margo Caribe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Margo Caribe's standard deviation. In reality, there are many statistical measures that can use Margo Caribe historical prices to predict the future Margo Caribe's volatility.| Risk Adjusted Performance | 0.0675 | |||
| Jensen Alpha | 4.11 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.51) |
Margo Caribe Backtested Returns
Margo Caribe is out of control given 3 months investment horizon. Margo Caribe has Sharpe Ratio of 0.0803, which conveys that the firm had a 0.0803% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 3.83% are justified by taking the suggested risk. Use Margo Caribe Standard Deviation of 46.51, mean deviation of 11.03, and Risk Adjusted Performance of 0.0675 to evaluate company specific risk that cannot be diversified away. Margo Caribe holds a performance score of 6 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -7.21, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Margo Caribe are expected to decrease by larger amounts. On the other hand, during market turmoil, Margo Caribe is expected to outperform it. Use Margo Caribe jensen alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to analyze future returns on Margo Caribe.
Auto-correlation | 0.21 |
Weak predictability
Margo Caribe has weak predictability. Overlapping area represents the amount of predictability between Margo Caribe time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Margo Caribe price movement. The serial correlation of 0.21 indicates that over 21.0% of current Margo Caribe price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 1.33 |
Margo Caribe lagged returns against current returns
Autocorrelation, which is Margo Caribe 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 Margo Caribe's pink sheet expected returns. We can calculate the autocorrelation of Margo Caribe returns to help us make a trade decision. For example, suppose you find that Margo Caribe 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 |
Margo Caribe 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 Margo Caribe pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Margo Caribe pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Margo Caribe pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Margo Caribe Lagged Returns
When evaluating Margo Caribe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Margo Caribe pink sheet have on its future price. Margo Caribe 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, Margo Caribe autocorrelation shows the relationship between Margo Caribe pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Margo Caribe.
Regressed Prices |
| Timeline |
Pair Trading with Margo Caribe
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Margo Caribe position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Margo Caribe will appreciate offsetting losses from the drop in the long position's value.Moving together with Margo Pink Sheet
Moving against Margo Pink Sheet
| 0.83 | WMT | Walmart Aggressive Push | PairCorr |
| 0.72 | T | ATT Inc Sell-off Trend | PairCorr |
| 0.71 | MSFT | Microsoft Aggressive Push | PairCorr |
| 0.7 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.66 | PYPL | PayPal Holdings Aggressive Push | PairCorr |
The ability to find closely correlated positions to Margo Caribe could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Margo Caribe when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Margo Caribe - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Margo Caribe to buy it.
The correlation of Margo Caribe is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Margo Caribe moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Margo Caribe moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Margo Caribe can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Margo Pink Sheet
Margo Caribe financial ratios help investors to determine whether Margo 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 Margo with respect to the benefits of owning Margo Caribe security.