80 Mile (UK) Market Value
| 80M Stock | 0.26 0.01 3.70% |
| Symbol | 80M |
80 Mile '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 80 Mile'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 80 Mile.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in 80 Mile on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding 80 Mile Plc or generate 0.0% return on investment in 80 Mile over 90 days. 80 Mile is related to or competes with Everplay Group, Optima Health, Worldwide Healthcare, Eco Animal, Primary Health, Cardinal Health, and Compagnie Plastic. 80 Mile is entity of United Kingdom. It is traded as Stock on LSE exchange. More
80 Mile 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 80 Mile'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 80 Mile Plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.4 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 18.41 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 7.69 |
80 Mile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 80 Mile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 80 Mile's standard deviation. In reality, there are many statistical measures that can use 80 Mile historical prices to predict the future 80 Mile's volatility.| Risk Adjusted Performance | 0.0232 | |||
| Jensen Alpha | 0.0841 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.19) |
80 Mile Plc Backtested Returns
80 Mile Plc retains Efficiency (Sharpe Ratio) of -0.0179, which signifies that the company had a -0.0179 % return per unit of price deviation over the last 3 months. 80 Mile exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 80 Mile's Coefficient Of Variation of 5883.17, market risk adjusted performance of (0.18), and Standard Deviation of 3.55 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 80 Mile are expected to decrease at a much lower rate. During the bear market, 80 Mile is likely to outperform the market. At this point, 80 Mile Plc has a negative expected return of -0.0614%. Please make sure to confirm 80 Mile's jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if 80 Mile Plc performance from the past will be repeated sooner or later.
Auto-correlation | 0.03 |
Virtually no predictability
80 Mile Plc has virtually no predictability. Overlapping area represents the amount of predictability between 80 Mile time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 80 Mile Plc price movement. The serial correlation of 0.03 indicates that only 3.0% of current 80 Mile price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
80 Mile Plc lagged returns against current returns
Autocorrelation, which is 80 Mile 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 80 Mile's stock expected returns. We can calculate the autocorrelation of 80 Mile returns to help us make a trade decision. For example, suppose you find that 80 Mile 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 |
80 Mile 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 80 Mile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 80 Mile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 80 Mile stock over time.
Current vs Lagged Prices |
| Timeline |
80 Mile Lagged Returns
When evaluating 80 Mile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 80 Mile stock have on its future price. 80 Mile 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, 80 Mile autocorrelation shows the relationship between 80 Mile stock current value and its past values and can show if there is a momentum factor associated with investing in 80 Mile Plc.
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.Other Information on Investing in 80M Stock
80 Mile financial ratios help investors to determine whether 80M 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 80M with respect to the benefits of owning 80 Mile security.