Multistack International (Australia) Market Value
| MSI Stock | 0.01 0 50.00% |
| Symbol | Multistack |
Multistack International '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 Multistack International'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 Multistack International.
| 10/15/2024 |
| 01/13/2025 |
If you would invest 0.00 in Multistack International on October 15, 2024 and sell it all today you would earn a total of 0.00 from holding Multistack International or generate 0.0% return on investment in Multistack International over 90 days. Multistack International is related to or competes with Nine Entertainment, OOhMedia, Skycity Entertainment, Andean Silver, and Perseus Mining. Multistack International is entity of Australia More
Multistack International 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 Multistack International'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 Multistack International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1234 |
Multistack International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multistack International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multistack International's standard deviation. In reality, there are many statistical measures that can use Multistack International historical prices to predict the future Multistack International's volatility.| Risk Adjusted Performance | 0.1098 | |||
| Jensen Alpha | 0.751 | |||
| Total Risk Alpha | 0.836 | |||
| Treynor Ratio | 2.59 |
Multistack International Backtested Returns
Multistack International appears to be out of control, given 3 months investment horizon. Multistack International has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Multistack International's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please exercise Multistack International's Mean Deviation of 1.49, standard deviation of 6.15, and Risk Adjusted Performance of 0.1098 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Multistack International holds a performance score of 10. The company secures a Beta (Market Risk) of 0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Multistack International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Multistack International is expected to be smaller as well. Please check Multistack International's skewness, daily balance of power, and the relationship between the jensen alpha and kurtosis , to make a quick decision on whether Multistack International's current price movements will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Multistack International has no correlation between past and present. Overlapping area represents the amount of predictability between Multistack International time series from 15th of October 2024 to 29th of November 2024 and 29th of November 2024 to 13th 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 Multistack International price movement. The serial correlation of 0.0 indicates that just 0.0% of current Multistack International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Multistack International lagged returns against current returns
Autocorrelation, which is Multistack International 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 Multistack International's stock expected returns. We can calculate the autocorrelation of Multistack International returns to help us make a trade decision. For example, suppose you find that Multistack International 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 |
Multistack International 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 Multistack International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Multistack International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Multistack International stock over time.
Current vs Lagged Prices |
| Timeline |
Multistack International Lagged Returns
When evaluating Multistack International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Multistack International stock have on its future price. Multistack International 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, Multistack International autocorrelation shows the relationship between Multistack International stock current value and its past values and can show if there is a momentum factor associated with investing in Multistack International.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Multistack Stock Analysis
When running Multistack International's price analysis, check to measure Multistack International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Multistack International is operating at the current time. Most of Multistack International's value examination focuses on studying past and present price action to predict the probability of Multistack International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Multistack International's price. Additionally, you may evaluate how the addition of Multistack International to your portfolios can decrease your overall portfolio volatility.