MusicMagpie PLC's market value is the price at which a share of MusicMagpie PLC trades on a public exchange. It measures the collective expectations of musicMagpie PLC investors about its performance. MusicMagpie PLC is selling for under 0.67 as of the 23rd of July 2025; that is 4.69 percent increase since the beginning of the trading day. The stock's lowest day price was 0.64. With this module, you can estimate the performance of a buy and hold strategy of musicMagpie PLC and determine expected loss or profit from investing in MusicMagpie PLC over a given investment horizon. Check out MusicMagpie PLC Correlation, MusicMagpie PLC Volatility and MusicMagpie PLC Alpha and Beta module to complement your research on MusicMagpie PLC.
Please note, there is a significant difference between MusicMagpie PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MusicMagpie PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MusicMagpie PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
MusicMagpie PLC '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 MusicMagpie PLC'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 MusicMagpie PLC.
0.00
04/24/2025
No Change 0.00
0.0
In 3 months and 1 day
07/23/2025
0.00
If you would invest 0.00 in MusicMagpie PLC on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding musicMagpie PLC or generate 0.0% return on investment in MusicMagpie PLC over 90 days. MusicMagpie PLC is related to or competes with Tata Steel, Travel +, Zanaga Iron, Seche Environnement, Associated British, Vietnam Enterprise, and Veolia Environnement. MusicMagpie PLC is entity of United Kingdom More
MusicMagpie PLC 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 MusicMagpie PLC'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 musicMagpie PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for MusicMagpie PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MusicMagpie PLC's standard deviation. In reality, there are many statistical measures that can use MusicMagpie PLC historical prices to predict the future MusicMagpie PLC's volatility.
Currently, musicMagpie PLC is dangerous. musicMagpie PLC has Sharpe Ratio of 0.0369, which conveys that the firm had a 0.0369 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for MusicMagpie PLC, which you can use to evaluate the volatility of the firm. Please verify MusicMagpie PLC's Risk Adjusted Performance of 0.0361, downside deviation of 2.73, and Market Risk Adjusted Performance of (0.13) to check out if the risk estimate we provide is consistent with the expected return of 0.0646%. MusicMagpie PLC has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning MusicMagpie PLC are expected to decrease at a much lower rate. During the bear market, MusicMagpie PLC is likely to outperform the market. musicMagpie PLC right now secures a risk of 1.75%. Please verify musicMagpie PLC maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if musicMagpie PLC will be following its current price movements.
Auto-correlation
0.29
Poor predictability
musicMagpie PLC has poor predictability. Overlapping area represents the amount of predictability between MusicMagpie PLC time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 musicMagpie PLC price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current MusicMagpie PLC price fluctuation can be explain by its past prices.
Correlation Coefficient
0.29
Spearman Rank Test
-0.4
Residual Average
0.0
Price Variance
0.0
musicMagpie PLC lagged returns against current returns
Autocorrelation, which is MusicMagpie PLC 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 MusicMagpie PLC's stock expected returns. We can calculate the autocorrelation of MusicMagpie PLC returns to help us make a trade decision. For example, suppose you find that MusicMagpie PLC 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
MusicMagpie PLC 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 MusicMagpie PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MusicMagpie PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MusicMagpie PLC stock over time.
Current vs Lagged Prices
Timeline
MusicMagpie PLC Lagged Returns
When evaluating MusicMagpie PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MusicMagpie PLC stock have on its future price. MusicMagpie PLC 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, MusicMagpie PLC autocorrelation shows the relationship between MusicMagpie PLC stock current value and its past values and can show if there is a momentum factor associated with investing in musicMagpie 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.
When running MusicMagpie PLC's price analysis, check to measure MusicMagpie PLC'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 MusicMagpie PLC is operating at the current time. Most of MusicMagpie PLC's value examination focuses on studying past and present price action to predict the probability of MusicMagpie PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MusicMagpie PLC's price. Additionally, you may evaluate how the addition of MusicMagpie PLC to your portfolios can decrease your overall portfolio volatility.