Malaga Financial's market value is the price at which a share of Malaga Financial trades on a public exchange. It measures the collective expectations of Malaga Financial investors about its performance. Malaga Financial is trading at 22.75 as of the 18th of November 2024. This is a 0.04% down since the beginning of the trading day. The stock's lowest day price was 22.75. With this module, you can estimate the performance of a buy and hold strategy of Malaga Financial and determine expected loss or profit from investing in Malaga Financial over a given investment horizon. Check out Malaga Financial Correlation, Malaga Financial Volatility and Malaga Financial Alpha and Beta module to complement your research on Malaga Financial.
Please note, there is a significant difference between Malaga Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Malaga Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Malaga Financial'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.
Malaga Financial '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 Malaga Financial's pink sheet 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 Malaga Financial.
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09/19/2024
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In 2 months and 1 day
11/18/2024
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If you would invest 0.00 in Malaga Financial on September 19, 2024 and sell it all today you would earn a total of 0.00 from holding Malaga Financial or generate 0.0% return on investment in Malaga Financial over 60 days. Malaga Financial is related to or competes with Virco Manufacturing, Paysafe, Femasys, Merit Medical, Radcom, BioNTech, and Allient. Malaga Financial Corporation operates as the holding company for Malaga Bank that provides various community banking pro... More
Malaga Financial 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 Malaga Financial's pink sheet 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 Malaga Financial 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 Malaga Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Malaga Financial's standard deviation. In reality, there are many statistical measures that can use Malaga Financial historical prices to predict the future Malaga Financial's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Malaga Financial. Your research has to be compared to or analyzed against Malaga Financial's peers to derive any actionable benefits. When done correctly, Malaga Financial's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Malaga Financial.
Malaga Financial Backtested Returns
At this point, Malaga Financial is very steady. Malaga Financial has Sharpe Ratio of 0.0753, which conveys that the firm had a 0.0753% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Malaga Financial, which you can use to evaluate the volatility of the firm. Please verify Malaga Financial's Downside Deviation of 0.643, mean deviation of 0.3747, and Risk Adjusted Performance of 0.0251 to check out if the risk estimate we provide is consistent with the expected return of 0.0441%. Malaga Financial has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.12, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Malaga Financial are expected to decrease at a much lower rate. During the bear market, Malaga Financial is likely to outperform the market. Malaga Financial right now secures a risk of 0.59%. Please verify Malaga Financial downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to decide if Malaga Financial will be following its current price movements.
Auto-correlation
0.15
Insignificant predictability
Malaga Financial has insignificant predictability. Overlapping area represents the amount of predictability between Malaga Financial time series from 19th of September 2024 to 19th of October 2024 and 19th of October 2024 to 18th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Malaga Financial price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Malaga Financial price fluctuation can be explain by its past prices.
Correlation Coefficient
0.15
Spearman Rank Test
0.02
Residual Average
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Price Variance
0.01
Malaga Financial lagged returns against current returns
Autocorrelation, which is Malaga Financial pink sheet'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 Malaga Financial's pink sheet expected returns. We can calculate the autocorrelation of Malaga Financial returns to help us make a trade decision. For example, suppose you find that Malaga Financial has exhibited high autocorrelation historically, and you observe that the pink sheet 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
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Malaga Financial 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 Malaga Financial pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Malaga Financial pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Malaga Financial pink sheet over time.
Current vs Lagged Prices
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Malaga Financial Lagged Returns
When evaluating Malaga Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Malaga Financial pink sheet have on its future price. Malaga Financial 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, Malaga Financial autocorrelation shows the relationship between Malaga Financial pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Malaga Financial.
Other Information on Investing in Malaga Pink Sheet
Malaga Financial financial ratios help investors to determine whether Malaga Pink Sheet 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 Malaga with respect to the benefits of owning Malaga Financial security.