Made Tech (UK) Market Value
| MTEC Stock | 16.50 0.50 2.94% |
| 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.
| 06/03/2024 |
| 07/03/2024 |
If you would invest 0.00 in Made Tech on June 3, 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 Samsung Electronics, Samsung Electronics, Hyundai, Toyota, MOL Hungarian, OTP Bank, and Panasonic Corp. 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 | 3.64 | |||
| Information Ratio | 0.1683 | |||
| Maximum Drawdown | 66.41 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 8.77 |
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 | 0.1145 | |||
| Jensen Alpha | 1.3 | |||
| Total Risk Alpha | 1.6 | |||
| Sortino Ratio | 0.3579 | |||
| Treynor Ratio | 1.79 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Made Tech'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.
Made Tech Group Backtested Returns
Made Tech is slightly risky given 3 months investment horizon. Made Tech Group 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. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.22% are justified by taking the suggested risk. Use Made Tech Group Downside Deviation of 3.64, mean deviation of 3.3, and Risk Adjusted Performance of 0.1145 to evaluate company specific risk that cannot be diversified away. Made Tech holds a performance score of 12 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.71, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Made Tech's returns are expected to increase less than the market. However, during the bear market, the loss of holding Made Tech is expected to be smaller as well. Use Made Tech Group semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to analyze future returns on Made Tech Group.
Auto-correlation | 0.50 |
Modest predictability
Made Tech Group has modest predictability. Overlapping area represents the amount of predictability between Made Tech time series from 3rd of June 2024 to 18th of June 2024 and 18th of June 2024 to 3rd of July 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 0.5 indicates that about 50.0% of current Made Tech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.79 |
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 |
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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.