Miquel Y (Spain) Market Value

MCM
 Stock
  

EUR 11.10  0.02  0.18%   

Miquel Y's market value is the price at which a share of Miquel Y stock trades on a public exchange. It measures the collective expectations of Miquel Y Costas investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Miquel Y Costas and determine expected loss or profit from investing in Miquel Y over a given investment horizon. Additionally, see Miquel Y Correlation, Miquel Y Volatility and Miquel Y Alpha and Beta module to complement your research on Miquel Y.
Symbol

Please note, there is a significant difference between Miquel Y's value and its price as these two are different measures arrived at by different means. Investors typically determine Miquel Y value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Miquel Y'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.

Miquel Y '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 Miquel Y'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 Miquel Y.
0.00
09/06/2022
No Change 0.00  0.0 
In 3 months and 1 day
12/05/2022
0.00
If you would invest  0.00  in Miquel Y on September 6, 2022 and sell it all today you would earn a total of 0.00 from holding Miquel Y Costas or generate 0.0% return on investment in Miquel Y over 90 days. Miquel Y is related to or competes with International Consolidated, Mapfre, Vidrala SA, and . Miquel y Costas Miquel, S.A., together with its subsidiaries, engages in the manufacture, trading, and sale of fine and ... More

Miquel Y 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 Miquel Y'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 Miquel Y Costas upside and downside potential and time the market with a certain degree of confidence.

Miquel Y Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Miquel Y's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Miquel Y's standard deviation. In reality, there are many statistical measures that can use Miquel Y historical prices to predict the future Miquel Y's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Miquel Y'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. Please use the tools below to analyze the current value of Miquel Y in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
9.6711.1012.53
Details
Intrinsic
Valuation
LowReal ValueHigh
9.6511.0812.51
Details
Naive
Forecast
LowNext ValueHigh
9.5010.9312.36
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.4510.8011.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Miquel Y. Your research has to be compared to or analyzed against Miquel Y's peers to derive any actionable benefits. When done correctly, Miquel Y's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Miquel Y Costas.

Miquel Y Costas Backtested Returns

Miquel Y Costas has Sharpe Ratio of -0.0479, which conveys that the firm had -0.0479% of return per unit of risk over the last 3 months. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Miquel Y exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Miquel Y Costas risk adjusted performance of (0.10), and Mean Deviation of 1.06 to check out the risk estimate we provide.
The company secures a Beta (Market Risk) of 0.1959, which conveys not very significant fluctuations relative to the market. Let's try to break down what Miquel's beta means in this case. As returns on the market increase, Miquel Y returns are expected to increase less than the market. However, during the bear market, the loss on holding Miquel Y will be expected to be smaller as well. Even though it is essential to pay attention to Miquel Y Costas price patterns, it is always good to be careful when utilizing equity historical price patterns. Our philosophy towards estimating any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Miquel Y exposes twenty-one different technical indicators, which can help you to evaluate its performance. Miquel Y Costas has an expected return of -0.0684%. Please be advised to verify Miquel Y Costas jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Miquel Y Costas performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.34  

Poor reverse predictability

Miquel Y Costas has poor reverse predictability. Overlapping area represents the amount of predictability between Miquel Y time series from 6th of September 2022 to 21st of October 2022 and 21st of October 2022 to 5th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Miquel Y Costas price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Miquel Y price fluctuation can be explain by its past prices.
Correlation Coefficient-0.34
Spearman Rank Test-0.62
Residual Average0.0
Price Variance0.03

Miquel Y Costas lagged returns against current returns

Autocorrelation, which is Miquel Y 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 Miquel Y's stock expected returns. We can calculate the autocorrelation of Miquel Y returns to help us make a trade decision. For example, suppose you find that Miquel Y stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Miquel Y 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 Miquel Y stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Miquel Y stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Miquel Y stock over time.
   Current vs Lagged Prices   
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       Timeline  

Miquel Y Lagged Returns

When evaluating Miquel Y's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Miquel Y stock have on its future price. Miquel Y 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, Miquel Y autocorrelation shows the relationship between Miquel Y stock current value and its past values and can show if there is a momentum factor associated with investing in Miquel Y Costas.
   Regressed Prices   
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       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 Miquel Y 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, Miquel Y's short interest history, or implied volatility extrapolated from Miquel Y options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Miquel Y Costas using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Additionally, see Miquel Y Correlation, Miquel Y Volatility and Miquel Y Alpha and Beta module to complement your research on Miquel Y. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Complementary Tools for analysis

When running Miquel Y Costas price analysis, check to measure Miquel Y'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 Miquel Y is operating at the current time. Most of Miquel Y's value examination focuses on studying past and present price action to predict the probability of Miquel Y's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Miquel Y's price. Additionally, you may evaluate how the addition of Miquel Y to your portfolios can decrease your overall portfolio volatility.
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Miquel Y 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.
A focus of Miquel Y technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Miquel Y trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...