MRC Allied's market value is the price at which a share of MRC Allied trades on a public exchange. It measures the collective expectations of MRC Allied investors about its performance. MRC Allied is trading at 0.87 as of the 23rd of July 2025, a 7.78 percent increase since the beginning of the trading day. The stock's lowest day price was 0.88. With this module, you can estimate the performance of a buy and hold strategy of MRC Allied and determine expected loss or profit from investing in MRC Allied over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Symbol
MRC
MRC Allied '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 MRC Allied'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 MRC Allied.
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 MRC Allied on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding MRC Allied or generate 0.0% return on investment in MRC Allied over 90 days.
MRC Allied 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 MRC Allied'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 MRC Allied 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 MRC Allied's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MRC Allied's standard deviation. In reality, there are many statistical measures that can use MRC Allied historical prices to predict the future MRC Allied's volatility.
MRC Allied appears to be abnormally volatile, given 3 months investment horizon. MRC Allied 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. By analyzing MRC Allied's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please exercise MRC Allied's Semi Deviation of 3.75, mean deviation of 3.61, and Market Risk Adjusted Performance of (3.10) to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MRC Allied holds a performance score of 11. The company owns a Beta (Systematic Risk) of -0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MRC Allied are expected to decrease at a much lower rate. During the bear market, MRC Allied is likely to outperform the market. Please check MRC Allied's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether MRC Allied's current price history will revert.
Auto-correlation
0.33
Below average predictability
MRC Allied has below average predictability. Overlapping area represents the amount of predictability between MRC Allied 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 MRC Allied price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current MRC Allied price fluctuation can be explain by its past prices.
Correlation Coefficient
0.33
Spearman Rank Test
0.18
Residual Average
0.0
Price Variance
0.0
MRC Allied lagged returns against current returns
Autocorrelation, which is MRC Allied 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 MRC Allied's stock expected returns. We can calculate the autocorrelation of MRC Allied returns to help us make a trade decision. For example, suppose you find that MRC Allied 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
MRC Allied 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 MRC Allied stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MRC Allied stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MRC Allied stock over time.
Current vs Lagged Prices
Timeline
MRC Allied Lagged Returns
When evaluating MRC Allied's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MRC Allied stock have on its future price. MRC Allied 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, MRC Allied autocorrelation shows the relationship between MRC Allied stock current value and its past values and can show if there is a momentum factor associated with investing in MRC Allied.
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.