SP Merval (Argentina) Market Value

Indexes . Argentina . 
Index . SP Merval
MERV Index   380,431  327.00  0.09%   
SP Merval's market value is the price at which a share of SP Merval stock trades on a public exchange. It measures the collective expectations of SP Merval investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of SP Merval and determine expected loss or profit from investing in SP Merval 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 index could be tightly coupled with the direction of predictive economic indicators such as various price indices.
Symbol

SP Merval '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 SP Merval's index 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 SP Merval.
0.00
12/10/2022
No Change 0.00  0.0 
In 5 months and 30 days
06/08/2023
0.00
If you would invest  0.00  in SP Merval on December 10, 2022 and sell it all today you would earn a total of 0.00 from holding SP Merval or generate 0.0% return on investment in SP Merval over 180 days.

SP Merval 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 SP Merval's index 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 SP Merval upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation2.42
Information Ratio0.273
Maximum Drawdown9.72
Value At Risk(3.13)
Potential Upside5.46

SP Merval Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for SP Merval's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SP Merval's standard deviation. In reality, there are many statistical measures that can use SP Merval historical prices to predict the future SP Merval's volatility.
Risk Adjusted Performance0.2546
Total Risk Alpha0.7315
Sortino Ratio0.2832
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of SP Merval'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 SP Merval in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SP Merval. Your research has to be compared to or analyzed against SP Merval's peers to derive any actionable benefits. When done correctly, SP Merval'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 SP Merval.

SP Merval Backtested Returns

SP Merval retains Efficiency (Sharpe Ratio) of 0.35, which indicates the index had 0.35% of return per unit of price deviation over the last 3 months. Our approach towards measuring the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. By analyzing SP Merval technical indicators you can at this time evaluate if the expected return of 0.85% is justified by implied risk.
The entity owns a Beta (Systematic Risk) of 0.0, which indicates not very significant fluctuations relative to the market. Let's try to break down what MERV's beta means in this case. the returns on MARKET and SP Merval are completely uncorrelated. Although it is vital to follow SP Merval existing price patterns, it is good to be conservative about what you can do with the information regarding equity price patterns. The approach towards measuring future performance of any index is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-eight technical indicators for SP Merval, which you can use to evaluate the performance of the index.

Auto-correlation

    
  0.85  

Very good predictability

SP Merval has very good predictability. Overlapping area represents the amount of predictability between SP Merval time series from 10th of December 2022 to 10th of March 2023 and 10th of March 2023 to 8th of June 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SP Merval price movement. The serial correlation of 0.85 indicates that around 85.0% of current SP Merval price fluctuation can be explain by its past prices.
Correlation Coefficient0.85
Spearman Rank Test0.77
Residual Average0.0
Price Variance2.1 B

SP Merval lagged returns against current returns

Autocorrelation, which is SP Merval index'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 SP Merval's index expected returns. We can calculate the autocorrelation of SP Merval returns to help us make a trade decision. For example, suppose you find that SP Merval index 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   
       Timeline  

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

SP Merval Lagged Returns

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

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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as various price indices. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

Complementary Tools for MERV Index analysis

When running SP Merval's price analysis, check to measure SP Merval'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 SP Merval is operating at the current time. Most of SP Merval's value examination focuses on studying past and present price action to predict the probability of SP Merval's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SP Merval's price. Additionally, you may evaluate how the addition of SP Merval to your portfolios can decrease your overall portfolio volatility.
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
SP Merval technical index 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, index market cycles, or different charting patterns.
Overlap Analysis
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Forecast Models
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Price Shifting
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Volatility Indicators
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Value Movement
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A focus of SP Merval technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SP Merval 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...
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