Made Tech (UK) Market Value
| MTEC Stock | 22.50 0.20 0.90% |
| Symbol | Made |
Made Tech '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 Made Tech'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 Made Tech.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Made Tech on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Made Tech Group or generate 0.0% return on investment in Made Tech over 30 days. Made Tech is related to or competes with Liontrust Asset, National Bank, InterContinental, Synchrony Financial, Lendinvest PLC, Eastman Chemical, and Sparebank. Made Tech is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Made Tech 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 Made Tech'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 Made Tech Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.29 | |||
| Information Ratio | 0.061 | |||
| Maximum Drawdown | 25.17 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 6.45 |
Made Tech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Made Tech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Made Tech's standard deviation. In reality, there are many statistical measures that can use Made Tech historical prices to predict the future Made Tech's volatility.| Risk Adjusted Performance | 0.0788 | |||
| Jensen Alpha | 0.3979 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0743 | |||
| Treynor Ratio | (1.10) |
Made Tech Group Backtested Returns
Made Tech appears to be somewhat reliable, given 3 months investment horizon. Made Tech Group has Sharpe Ratio of 0.0937, which conveys that the firm had a 0.0937% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Made Tech, which you can use to evaluate the volatility of the firm. Please exercise Made Tech's Risk Adjusted Performance of 0.0788, mean deviation of 2.0, and Downside Deviation of 3.29 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Made Tech holds a performance score of 7. The company secures a Beta (Market Risk) of -0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Made Tech are expected to decrease at a much lower rate. During the bear market, Made Tech is likely to outperform the market. Please check Made Tech's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Made Tech's current price movements will revert.
Auto-correlation | 0.18 |
Very weak predictability
Made Tech Group has very weak predictability. Overlapping area represents the amount of predictability between Made Tech time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Made Tech Group price movement. The serial correlation of 0.18 indicates that over 18.0% of current Made Tech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 3.21 |
Made Tech Group lagged returns against current returns
Autocorrelation, which is Made Tech 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 Made Tech's stock expected returns. We can calculate the autocorrelation of Made Tech returns to help us make a trade decision. For example, suppose you find that Made Tech 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 |
Made Tech 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 Made Tech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Made Tech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Made Tech stock over time.
Current vs Lagged Prices |
| Timeline |
Made Tech Lagged Returns
When evaluating Made Tech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Made Tech stock have on its future price. Made Tech 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, Made Tech autocorrelation shows the relationship between Made Tech stock current value and its past values and can show if there is a momentum factor associated with investing in Made Tech Group.
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.Additional Tools for Made Stock Analysis
When running Made Tech's price analysis, check to measure Made Tech'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 Made Tech is operating at the current time. Most of Made Tech's value examination focuses on studying past and present price action to predict the probability of Made Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Made Tech's price. Additionally, you may evaluate how the addition of Made Tech to your portfolios can decrease your overall portfolio volatility.