MERISTEM GROWTH (Nigeria) Market Value
| MERGROWTH | 972.00 98.08 9.17% |
| Symbol | MERISTEM |
MERISTEM GROWTH '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 MERISTEM GROWTH'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 MERISTEM GROWTH.
| 05/19/2025 |
| 08/17/2025 |
If you would invest 0.00 in MERISTEM GROWTH on May 19, 2025 and sell it all today you would earn a total of 0.00 from holding MERISTEM GROWTH EXCHANGE or generate 0.0% return on investment in MERISTEM GROWTH over 90 days.
MERISTEM GROWTH 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 MERISTEM GROWTH'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 MERISTEM GROWTH EXCHANGE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.44 | |||
| Information Ratio | 0.2696 | |||
| Maximum Drawdown | 21.03 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 10.0 |
MERISTEM GROWTH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MERISTEM GROWTH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MERISTEM GROWTH's standard deviation. In reality, there are many statistical measures that can use MERISTEM GROWTH historical prices to predict the future MERISTEM GROWTH's volatility.| Risk Adjusted Performance | 0.2161 | |||
| Jensen Alpha | 1.25 | |||
| Total Risk Alpha | 0.7514 | |||
| Sortino Ratio | 0.3626 | |||
| Treynor Ratio | 1.41 |
MERISTEM GROWTH EXCHANGE Backtested Returns
MERISTEM GROWTH is very steady given 3 months investment horizon. MERISTEM GROWTH EXCHANGE has Sharpe Ratio of 0.31, which conveys that the firm had a 0.31 % return per unit of volatility over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.46% are justified by taking the suggested risk. Use MERISTEM GROWTH EXCHANGE mean deviation of 3.0, and Risk Adjusted Performance of 0.2161 to evaluate company specific risk that cannot be diversified away. MERISTEM GROWTH holds a performance score of 24 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.95, which conveys possible diversification benefits within a given portfolio. MERISTEM GROWTH returns are very sensitive to returns on the market. As the market goes up or down, MERISTEM GROWTH is expected to follow. Use MERISTEM GROWTH EXCHANGE skewness, and the relationship between the value at risk and day median price , to analyze future returns on MERISTEM GROWTH EXCHANGE.
Auto-correlation | -0.62 |
Very good reverse predictability
MERISTEM GROWTH EXCHANGE has very good reverse predictability. Overlapping area represents the amount of predictability between MERISTEM GROWTH time series from 19th of May 2025 to 3rd of July 2025 and 3rd of July 2025 to 17th 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 MERISTEM GROWTH EXCHANGE price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current MERISTEM GROWTH price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 42.9 K |
MERISTEM GROWTH EXCHANGE lagged returns against current returns
Autocorrelation, which is MERISTEM GROWTH 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 MERISTEM GROWTH's stock expected returns. We can calculate the autocorrelation of MERISTEM GROWTH returns to help us make a trade decision. For example, suppose you find that MERISTEM GROWTH 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 |
MERISTEM GROWTH 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 MERISTEM GROWTH stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MERISTEM GROWTH stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MERISTEM GROWTH stock over time.
Current vs Lagged Prices |
| Timeline |
MERISTEM GROWTH Lagged Returns
When evaluating MERISTEM GROWTH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MERISTEM GROWTH stock have on its future price. MERISTEM GROWTH 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, MERISTEM GROWTH autocorrelation shows the relationship between MERISTEM GROWTH stock current value and its past values and can show if there is a momentum factor associated with investing in MERISTEM GROWTH EXCHANGE.
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.Additional Tools for MERISTEM Stock Analysis
When running MERISTEM GROWTH's price analysis, check to measure MERISTEM GROWTH'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 MERISTEM GROWTH is operating at the current time. Most of MERISTEM GROWTH's value examination focuses on studying past and present price action to predict the probability of MERISTEM GROWTH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MERISTEM GROWTH's price. Additionally, you may evaluate how the addition of MERISTEM GROWTH to your portfolios can decrease your overall portfolio volatility.