Mobile World (Vietnam) Market Value
| MWG Stock | 61,500 1,200 1.91% |
| Symbol | Mobile |
Mobile World '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 Mobile World'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 Mobile World.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Mobile World on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Mobile World Investment or generate 0.0% return on investment in Mobile World over 90 days. Mobile World is related to or competes with Binh Duong, Tin Nghia, Agriculture Printing, Investment, Telecoms Informatics, 1369 Construction, and Song Hong. More
Mobile World 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 Mobile World'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 Mobile World Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | 0.1584 | |||
| Maximum Drawdown | 8.29 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.47 |
Mobile World Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mobile World's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mobile World's standard deviation. In reality, there are many statistical measures that can use Mobile World historical prices to predict the future Mobile World's volatility.| Risk Adjusted Performance | 0.0605 | |||
| Jensen Alpha | 0.0606 | |||
| Total Risk Alpha | 0.3296 | |||
| Sortino Ratio | 0.1731 | |||
| Treynor Ratio | (0.48) |
Mobile World Investment Backtested Returns
As of now, Mobile Stock is very steady. Mobile World Investment has Sharpe Ratio of 0.0169, which conveys that the firm had a 0.0169 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Mobile World, which you can use to evaluate the volatility of the firm. Please verify Mobile World's Downside Deviation of 1.32, mean deviation of 1.0, and Risk Adjusted Performance of 0.0605 to check out if the risk estimate we provide is consistent with the expected return of 0.0228%. Mobile World has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mobile World are expected to decrease at a much lower rate. During the bear market, Mobile World is likely to outperform the market. Mobile World Investment right now secures a risk of 1.35%. Please verify Mobile World Investment potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Mobile World Investment will be following its current price movements.
Auto-correlation | -0.53 |
Good reverse predictability
Mobile World Investment has good reverse predictability. Overlapping area represents the amount of predictability between Mobile World time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Mobile World Investment price movement. The serial correlation of -0.53 indicates that about 53.0% of current Mobile World price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 5.9 M |
Mobile World Investment lagged returns against current returns
Autocorrelation, which is Mobile World 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 Mobile World's stock expected returns. We can calculate the autocorrelation of Mobile World returns to help us make a trade decision. For example, suppose you find that Mobile World 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 |
Mobile World 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 Mobile World stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mobile World stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mobile World stock over time.
Current vs Lagged Prices |
| Timeline |
Mobile World Lagged Returns
When evaluating Mobile World's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mobile World stock have on its future price. Mobile World 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, Mobile World autocorrelation shows the relationship between Mobile World stock current value and its past values and can show if there is a momentum factor associated with investing in Mobile World Investment.
Regressed Prices |
| Timeline |
Pair Trading with Mobile World
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 Mobile World 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 Mobile World will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Mobile World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mobile World 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 Mobile World - 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 Mobile World Investment to buy it.
The correlation of Mobile World 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 Mobile World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mobile World Investment 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 Mobile World 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 Mobile Stock
Mobile World financial ratios help investors to determine whether Mobile 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 Mobile with respect to the benefits of owning Mobile World security.