MMTEC Other Assets from 2010 to 2024

MTC Stock  USD 0.23  0.08  25.81%   
MMTEC's Other Assets are increasing over the years with stable fluctuation. Other Assets are expected to dwindle to about 32.2 K. During the period from 2010 to 2024 MMTEC Other Assets annual values regression line had geometric mean of 0.00 and mean square error of 24.2 B. View All Fundamentals
 
Other Assets  
First Reported
2016-12-31
Previous Quarter
163.6 K
Current Value
1.1 M
Quarterly Volatility
310.5 K
 
Covid
Check MMTEC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MMTEC's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 219.9 K or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 1.9 K, Dividend Yield of 0.0 or PTB Ratio of 9.28. MMTEC financial statements analysis is a perfect complement when working with MMTEC Valuation or Volatility modules.
  
Check out the analysis of MMTEC Correlation against competitors.

Latest MMTEC's Other Assets Growth Pattern

Below is the plot of the Other Assets of MMTEC Inc over the last few years. It is MMTEC's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MMTEC's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Pretty Stable
   Other Assets   
       Timeline  

MMTEC Other Assets Regression Statistics

Arithmetic Mean59,429
Geometric Mean0.00
Coefficient Of Variation259.07
Mean Deviation79,950
Median1,442
Standard Deviation153,965
Sample Variance23.7B
Range605.6K
R-Value0.23
Mean Square Error24.2B
R-Squared0.05
Significance0.41
Slope7,869
Total Sum of Squares331.9B

MMTEC Other Assets History

202432.2 K
202333.9 K
202129.5 K
2020112.9 K
2019605.6 K
2018null
201737.9 K

About MMTEC Financial Statements

MMTEC stakeholders use historical fundamental indicators, such as MMTEC's Other Assets, to determine how well the company is positioned to perform in the future. Although MMTEC investors may analyze each financial statement separately, they are all interrelated. For example, changes in MMTEC's assets and liabilities are reflected in the revenues and expenses on MMTEC's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in MMTEC Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Assets33.9 K32.2 K

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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.
When determining whether MMTEC Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MMTEC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mmtec Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mmtec Inc Stock:
Check out the analysis of MMTEC Correlation against competitors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MMTEC. If investors know MMTEC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MMTEC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.04)
Revenue Per Share
0.008
Quarterly Revenue Growth
2.895
Return On Assets
(0.04)
Return On Equity
(0.07)
The market value of MMTEC Inc is measured differently than its book value, which is the value of MMTEC that is recorded on the company's balance sheet. Investors also form their own opinion of MMTEC's value that differs from its market value or its book value, called intrinsic value, which is MMTEC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MMTEC's market value can be influenced by many factors that don't directly affect MMTEC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MMTEC's value and its price as these two are different measures arrived at by different means. Investors typically determine if MMTEC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MMTEC'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.