MFC Industrial (Thailand) Market Value
| MIT Stock | THB 0.51 0.02 4.08% |
| Symbol | MFC |
MFC Industrial '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 MFC Industrial'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 MFC Industrial.
| 04/02/2024 |
| 05/02/2024 |
If you would invest 0.00 in MFC Industrial on April 2, 2024 and sell it all today you would earn a total of 0.00 from holding MFC Industrial Real or generate 0.0% return on investment in MFC Industrial over 30 days. MFC Industrial is related to or competes with Land, Major Cineplex, LH Shopping, Impact Growth, and WHA Premium. MFC Industrial Real Estate Investment Trust, through its subsidiary, APUK Ltd, invests in and owns land and data center ... More
MFC Industrial 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 MFC Industrial'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 MFC Industrial Real upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 36.61 | |||
| Value At Risk | (5.95) | |||
| Potential Upside | 4.65 |
MFC Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MFC Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MFC Industrial's standard deviation. In reality, there are many statistical measures that can use MFC Industrial historical prices to predict the future MFC Industrial's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | 0.5551 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MFC Industrial'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.
MFC Industrial Real Backtested Returns
MFC Industrial Real retains Efficiency (Sharpe Ratio) of -0.15, which conveys that the firm had a -0.15% return per unit of risk over the last 3 months. MFC Industrial exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MFC Industrial's Coefficient Of Variation of (1,091), mean deviation of 2.9, and Market Risk Adjusted Performance of 0.5651 to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.87, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning MFC Industrial are expected to decrease slowly. On the other hand, during market turmoil, MFC Industrial is expected to outperform it slightly. MFC Industrial Real has an expected return of -0.8%. Please make sure to verify MFC Industrial Real coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if MFC Industrial Real performance from the past will be repeated in the future.
Auto-correlation | 0.66 |
Good predictability
MFC Industrial Real has good predictability. Overlapping area represents the amount of predictability between MFC Industrial time series from 2nd of April 2024 to 17th of April 2024 and 17th of April 2024 to 2nd 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 MFC Industrial Real price movement. The serial correlation of 0.66 indicates that around 66.0% of current MFC Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
MFC Industrial Real lagged returns against current returns
Autocorrelation, which is MFC Industrial 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 MFC Industrial's stock expected returns. We can calculate the autocorrelation of MFC Industrial returns to help us make a trade decision. For example, suppose you find that MFC Industrial 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 |
MFC Industrial 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 MFC Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MFC Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MFC Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
MFC Industrial Lagged Returns
When evaluating MFC Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MFC Industrial stock have on its future price. MFC Industrial 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, MFC Industrial autocorrelation shows the relationship between MFC Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in MFC Industrial Real.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards MFC Industrial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, MFC Industrial's short interest history, or implied volatility extrapolated from MFC Industrial options trading.
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Try AI Portfolio ArchitectCheck out MFC Industrial Correlation, MFC Industrial Volatility and MFC Industrial Alpha and Beta module to complement your research on MFC Industrial. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for MFC Stock analysis
When running MFC Industrial's price analysis, check to measure MFC Industrial'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 MFC Industrial is operating at the current time. Most of MFC Industrial's value examination focuses on studying past and present price action to predict the probability of MFC Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFC Industrial's price. Additionally, you may evaluate how the addition of MFC Industrial to your portfolios can decrease your overall portfolio volatility.
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MFC Industrial technical stock 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, stock market cycles, or different charting patterns.