Multi Commodity (India) Market Value
| MCX Stock | 8,235 5.00 0.06% |
| Symbol | Multi |
Multi Commodity '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 Multi Commodity'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 Multi Commodity.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Multi Commodity on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Multi Commodity Exchange or generate 0.0% return on investment in Multi Commodity over 90 days. Multi Commodity is related to or competes with Varun Beverages, Sportking India, DJ Mediaprint, Sambhaav Media, Total Transport, and Radaan Mediaworks. Multi Commodity is entity of India. It is traded as Stock on NSE exchange. More
Multi Commodity 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 Multi Commodity'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 Multi Commodity Exchange upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.1915 | |||
| Maximum Drawdown | 10.4 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 5.12 |
Multi Commodity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Multi Commodity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Multi Commodity's standard deviation. In reality, there are many statistical measures that can use Multi Commodity historical prices to predict the future Multi Commodity's volatility.| Risk Adjusted Performance | 0.2387 | |||
| Jensen Alpha | 0.611 | |||
| Total Risk Alpha | 0.2568 | |||
| Sortino Ratio | 0.2109 | |||
| Treynor Ratio | (7.01) |
Multi Commodity Exchange Backtested Returns
Multi Commodity appears to be very steady, given 3 months investment horizon. Multi Commodity Exchange has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22 % return per unit of risk over the last 3 months. By analyzing Multi Commodity's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please exercise Multi Commodity's Risk Adjusted Performance of 0.2387, mean deviation of 1.87, and Downside Deviation of 2.22 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Multi Commodity holds a performance score of 17. The company secures a Beta (Market Risk) of -0.0856, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Multi Commodity are expected to decrease at a much lower rate. During the bear market, Multi Commodity is likely to outperform the market. Please check Multi Commodity's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Multi Commodity's current price movements will revert.
Auto-correlation | 0.22 |
Weak predictability
Multi Commodity Exchange has weak predictability. Overlapping area represents the amount of predictability between Multi Commodity 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 Multi Commodity Exchange price movement. The serial correlation of 0.22 indicates that over 22.0% of current Multi Commodity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 212.1 K |
Multi Commodity Exchange lagged returns against current returns
Autocorrelation, which is Multi Commodity 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 Multi Commodity's stock expected returns. We can calculate the autocorrelation of Multi Commodity returns to help us make a trade decision. For example, suppose you find that Multi Commodity 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 |
Multi Commodity 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 Multi Commodity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Multi Commodity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Multi Commodity stock over time.
Current vs Lagged Prices |
| Timeline |
Multi Commodity Lagged Returns
When evaluating Multi Commodity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Multi Commodity stock have on its future price. Multi Commodity 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, Multi Commodity autocorrelation shows the relationship between Multi Commodity stock current value and its past values and can show if there is a momentum factor associated with investing in Multi Commodity Exchange.
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 Multi Stock
Multi Commodity financial ratios help investors to determine whether Multi 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 Multi with respect to the benefits of owning Multi Commodity security.