Metallurgical (Germany) Market Value
| 6MT Stock | EUR 0.18 0.01 5.88% |
| Symbol | Metallurgical |
Metallurgical '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 Metallurgical'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 Metallurgical.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in Metallurgical on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding Metallurgical of or generate 0.0% return on investment in Metallurgical over 90 days. Metallurgical is related to or competes with American Airlines, MACOM Technology, SMA Solar, Southwest Airlines, Kingdee International, AECOM TECHNOLOGY, and Take-Two Interactive. Metallurgical Corporation of China Ltd., together with its subsidiaries, engages in the engineering contracting, propert... More
Metallurgical 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 Metallurgical'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 Metallurgical of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.78 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 24.44 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 6.25 |
Metallurgical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Metallurgical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Metallurgical's standard deviation. In reality, there are many statistical measures that can use Metallurgical historical prices to predict the future Metallurgical's volatility.| Risk Adjusted Performance | 0.0299 | |||
| Jensen Alpha | 0.0428 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.2267 |
Metallurgical Backtested Returns
Metallurgical appears to be out of control, given 3 months investment horizon. Metallurgical has Sharpe Ratio of 0.063, which conveys that the firm had a 0.063 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Metallurgical, which you can use to evaluate the volatility of the firm. Please exercise Metallurgical's Downside Deviation of 8.78, mean deviation of 2.6, and Risk Adjusted Performance of 0.0299 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Metallurgical holds a performance score of 4. The company secures a Beta (Market Risk) of 0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Metallurgical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Metallurgical is expected to be smaller as well. Please check Metallurgical's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether Metallurgical's current price movements will revert.
Auto-correlation | -0.09 |
Very weak reverse predictability
Metallurgical of has very weak reverse predictability. Overlapping area represents the amount of predictability between Metallurgical time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 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 Metallurgical price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Metallurgical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Metallurgical lagged returns against current returns
Autocorrelation, which is Metallurgical 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 Metallurgical's stock expected returns. We can calculate the autocorrelation of Metallurgical returns to help us make a trade decision. For example, suppose you find that Metallurgical 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 |
Metallurgical 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 Metallurgical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Metallurgical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Metallurgical stock over time.
Current vs Lagged Prices |
| Timeline |
Metallurgical Lagged Returns
When evaluating Metallurgical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Metallurgical stock have on its future price. Metallurgical 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, Metallurgical autocorrelation shows the relationship between Metallurgical stock current value and its past values and can show if there is a momentum factor associated with investing in Metallurgical of.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Metallurgical Stock
Metallurgical financial ratios help investors to determine whether Metallurgical 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 Metallurgical with respect to the benefits of owning Metallurgical security.