Microsoft Corp Cdr Stock Market Value
| MSFT Stock | 28.21 0.68 2.47% |
| Symbol | Microsoft |
Microsoft Corp '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 Microsoft Corp'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 Microsoft Corp.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Microsoft Corp on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Microsoft Corp CDR or generate 0.0% return on investment in Microsoft Corp over 90 days. Microsoft Corp is related to or competes with Sun Life, CI Financial, Thunderbird Entertainment, Definity Financial, E L, Accord Financial, and Canso Credit. Microsoft Corp is entity of Canada. It is traded as Stock on NEO exchange. More
Microsoft Corp 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 Microsoft Corp'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 Microsoft Corp CDR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 10.11 | |||
| Value At Risk | (2.35) | |||
| Potential Upside | 2.58 |
Microsoft Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Microsoft Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Microsoft Corp's standard deviation. In reality, there are many statistical measures that can use Microsoft Corp historical prices to predict the future Microsoft Corp's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.32) |
Microsoft Corp CDR Backtested Returns
Microsoft Corp CDR has Sharpe Ratio of -0.15, which conveys that the firm had a -0.15 % return per unit of risk over the last 3 months. Microsoft Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Microsoft Corp's Standard Deviation of 1.56, risk adjusted performance of (0.11), and Mean Deviation of 1.08 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.67, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Microsoft Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Microsoft Corp is expected to be smaller as well. At this point, Microsoft Corp CDR has a negative expected return of -0.23%. Please make sure to verify Microsoft Corp's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Microsoft Corp CDR performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.1 |
Very weak reverse predictability
Microsoft Corp CDR has very weak reverse predictability. Overlapping area represents the amount of predictability between Microsoft Corp 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 Microsoft Corp CDR price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Microsoft Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.77 |
Microsoft Corp CDR lagged returns against current returns
Autocorrelation, which is Microsoft Corp 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 Microsoft Corp's stock expected returns. We can calculate the autocorrelation of Microsoft Corp returns to help us make a trade decision. For example, suppose you find that Microsoft Corp 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 |
Microsoft Corp 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 Microsoft Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Microsoft Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Microsoft Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Microsoft Corp Lagged Returns
When evaluating Microsoft Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Microsoft Corp stock have on its future price. Microsoft Corp 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, Microsoft Corp autocorrelation shows the relationship between Microsoft Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Microsoft Corp CDR.
Regressed Prices |
| Timeline |
Pair Trading with Microsoft Corp
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 Microsoft Corp 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 Microsoft Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Microsoft Stock
Moving against Microsoft Stock
The ability to find closely correlated positions to Microsoft Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft Corp 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 Microsoft Corp - 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 Microsoft Corp CDR to buy it.
The correlation of Microsoft Corp 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 Microsoft Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft Corp CDR 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 Microsoft Corp 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 Microsoft Stock
Microsoft Corp financial ratios help investors to determine whether Microsoft 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 Microsoft with respect to the benefits of owning Microsoft Corp security.