Mader Group Limited Stock Market Value
| MADGF Stock | 3.96 0.00 0.00% |
| Symbol | Mader |
Mader Group '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 Mader Group'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 Mader Group.
| 02/19/2024 |
| 05/19/2024 |
If you would invest 0.00 in Mader Group on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding Mader Group Limited or generate 0.0% return on investment in Mader Group over 90 days. Mader Group is related to or competes with Thomson Reuters, Cintas, Global Payments, and Teleperformance. More
Mader Group 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 Mader Group'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 Mader Group Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.53 |
Mader Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mader Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mader Group's standard deviation. In reality, there are many statistical measures that can use Mader Group historical prices to predict the future Mader Group's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | 0.8506 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Mader Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Mader Group Limited Backtested Returns
Mader Group Limited has Sharpe Ratio of -0.0338, which conveys that the firm had a -0.0338% return per unit of risk over the last 3 months. Mader Group exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mader Group's Risk Adjusted Performance of (0.01), mean deviation of 0.2275, and Standard Deviation of 1.08 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0536, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Mader Group are expected to decrease at a much lower rate. During the bear market, Mader Group is likely to outperform the market. Mader Group Limited has an expected return of -0.0373%. Please make sure to verify Mader Group Limited maximum drawdown, and the relationship between the variance and rate of daily change , to decide if Mader Group Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Mader Group Limited has insignificant reverse predictability. Overlapping area represents the amount of predictability between Mader Group time series from 19th of February 2024 to 4th of April 2024 and 4th of April 2024 to 19th of May 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 Mader Group Limited price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Mader Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Mader Group Limited lagged returns against current returns
Autocorrelation, which is Mader Group 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 Mader Group's pink sheet expected returns. We can calculate the autocorrelation of Mader Group returns to help us make a trade decision. For example, suppose you find that Mader Group 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 |
Mader Group 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 Mader Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mader Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mader Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Mader Group Lagged Returns
When evaluating Mader Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mader Group pink sheet have on its future price. Mader Group 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, Mader Group autocorrelation shows the relationship between Mader Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Mader Group Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Mader Group Correlation, Mader Group Volatility and Mader Group Alpha and Beta module to complement your research on Mader Group. Note that the Mader Group Limited information on this page should be used as a complementary analysis to other Mader Group's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Mader Pink Sheet analysis
When running Mader Group's price analysis, check to measure Mader Group'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 Mader Group is operating at the current time. Most of Mader Group's value examination focuses on studying past and present price action to predict the probability of Mader Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mader Group's price. Additionally, you may evaluate how the addition of Mader Group to your portfolios can decrease your overall portfolio volatility.
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Mader Group technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.