MEITUAN UNSPADR2B (Germany) Market Value
| 9MDA Stock | EUR 27.00 0.80 3.05% |
| Symbol | MEITUAN |
MEITUAN UNSPADR2B '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 MEITUAN UNSPADR2B'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 MEITUAN UNSPADR2B.
| 05/11/2025 |
| 08/09/2025 |
If you would invest 0.00 in MEITUAN UNSPADR2B on May 11, 2025 and sell it all today you would earn a total of 0.00 from holding MEITUAN UNSPADR2B or generate 0.0% return on investment in MEITUAN UNSPADR2B over 90 days. MEITUAN UNSPADR2B is related to or competes with REVO INSURANCE, PRECISION DRILLING, AMAG Austria, Ping An, Lion One, Kaiser Aluminum, and GREENX METALS. Meituan, an investment holding company, provides an e-commerce platform that uses technology to connect consumers and me... More
MEITUAN UNSPADR2B 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 MEITUAN UNSPADR2B'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 MEITUAN UNSPADR2B upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 11.61 | |||
| Value At Risk | (4.67) | |||
| Potential Upside | 5.19 |
MEITUAN UNSPADR2B Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MEITUAN UNSPADR2B's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MEITUAN UNSPADR2B's standard deviation. In reality, there are many statistical measures that can use MEITUAN UNSPADR2B historical prices to predict the future MEITUAN UNSPADR2B's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (0.51) |
MEITUAN UNSPADR2B Backtested Returns
MEITUAN UNSPADR2B has Sharpe Ratio of -0.0922, which conveys that the firm had a -0.0922 % return per unit of volatility over the last 3 months. MEITUAN UNSPADR2B exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MEITUAN UNSPADR2B's risk adjusted performance of (0.05), and Mean Deviation of 2.2 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.41, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MEITUAN UNSPADR2B's returns are expected to increase less than the market. However, during the bear market, the loss of holding MEITUAN UNSPADR2B is expected to be smaller as well. At this point, MEITUAN UNSPADR2B has a negative expected return of -0.25%. Please make sure to verify MEITUAN UNSPADR2B's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if MEITUAN UNSPADR2B performance from the past will be repeated in the future.
Auto-correlation | 0.66 |
Good predictability
MEITUAN UNSPADR2B has good predictability. Overlapping area represents the amount of predictability between MEITUAN UNSPADR2B time series from 11th of May 2025 to 25th of June 2025 and 25th of June 2025 to 9th of August 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 MEITUAN UNSPADR2B price movement. The serial correlation of 0.66 indicates that around 66.0% of current MEITUAN UNSPADR2B price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.86 |
MEITUAN UNSPADR2B lagged returns against current returns
Autocorrelation, which is MEITUAN UNSPADR2B 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 MEITUAN UNSPADR2B's stock expected returns. We can calculate the autocorrelation of MEITUAN UNSPADR2B returns to help us make a trade decision. For example, suppose you find that MEITUAN UNSPADR2B 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 |
MEITUAN UNSPADR2B 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 MEITUAN UNSPADR2B stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MEITUAN UNSPADR2B stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MEITUAN UNSPADR2B stock over time.
Current vs Lagged Prices |
| Timeline |
MEITUAN UNSPADR2B Lagged Returns
When evaluating MEITUAN UNSPADR2B's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MEITUAN UNSPADR2B stock have on its future price. MEITUAN UNSPADR2B 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, MEITUAN UNSPADR2B autocorrelation shows the relationship between MEITUAN UNSPADR2B stock current value and its past values and can show if there is a momentum factor associated with investing in MEITUAN UNSPADR2B.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MEITUAN Stock
MEITUAN UNSPADR2B financial ratios help investors to determine whether MEITUAN 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 MEITUAN with respect to the benefits of owning MEITUAN UNSPADR2B security.